user-avatar
Jai Hamid

Jamie Dimon privately backs Kevin Warsh for Federal Reserve chair as Trump signals preferred candidate

On Thursday, JPMorgan CEO Jamie Dimon told asset-management executives in New York that he supports Kevin Warsh to become chair of the Federal Reserve, contrasting him with Kevin Hassett, whom he sees as more likely to endorse Donald Trump's push for quicker rate cuts. Trump interviewed Warsh at the White House on Wednesday and later described him as his leading choice, prompting prediction markets to sharply raise Warsh's odds while cutting Hassett's, against a backdrop of internal Fed disputes and an upcoming Supreme Court case on Trump's authority over agency officials.