Thursday, January 15, 2026 at 2:00 AM
President Trump criticized Jamie Dimon for his comments on the Justice Department's investigation of Jerome Powell, asserting that Dimon is wrong and defending the probe as necessary for the administration.
The Treasury secretary who previously urged Trump not to fire the Fed chair is now publicly building the case against him.
President Trump’s affordability push ahead of the midterm elections has turned some of the financial sector’s darlings into punching bags.
After the Trump administration’s threats to defense contractors and home builders, the risk has jumped for bank shareholders.
Wednesday’s arguments in the Lisa Cook case come amid a broader Trump campaign to bend the central bank to presidential will.