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Here's why Donald Trump lashed out at Jamie Dimon, threatened to sue JPMorgan — All you need to know

United States President Donald Trump has lashed out at Jamie Dimon, CEO of big American lender JPMorgan Chase & Co., following rafter the executive claimed that he was offered the role of US Federal Reserve chairman and turned it down. Donald Trump also threatened the bank with a lawsuit, claiming that he was debanked after the 6 January Capitol riot in 2021. Donald Trump refuted reports that Jamie Dimon was offered the job of US Fed chair.

Here's why Donald Trump lashed out at Jamie Dimon, threatened to sue JPMorgan — All you need to know

Credit: Livemint

Key Highlights

  • He wrote, late on 17 January, on Truth Social: “This statement is totally untrue, there was never such an offer, and, in fact, I’ll be suing JPMorgan Chase over the next two weeks for incorrectly and inappropriately DEBANKING me after the January 6th Protest”.
  • Donald Trump also addressed speculation that Jamie Dimon would be interested instead in taking over as Treasury Secretary — a role currently held by Scott Bessent.
  • “Also, one was led to believe that I offered Jamie Dimon the job of Secretary of the Treasury, but that would be one that he would be very interested in.
  • The problem is, I have Scott Bessent doing a fantastic job, A SUPERSTAR — Why would I give it to Jamie?
  • No such offer was made there, or even thought of, either,” Donald Trump added.
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Sources

  1. Here's why Donald Trump lashed out at Jamie Dimon, threatened to sue JPMorgan — All you need to know

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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