JPMorgan Chase CEO Jamie Dimon has emerged again as a fervent supporter of Federal Reserve chief Jerome Powell. His backing comes on the heels of Powell’s announcement that the Department of Justice had issued a subpoena against the central bank.

Wall Street's relationship with the Trump administration is souring. Bank executives warned the White House on Tuesday that President Trump's policies and the Justice Department's investigation into Federal Reserve Chairman Jerome Powell could harm the economy.

The nation’s largest bank earned $57 billion in 2025, but Jamie Dimon, its chief executive, said “the benefits of deregulation” would help in the future.

JPMorgan Chase reported lower fourth-quarter profits Tuesday as CEO Jamie Dimon endorsed Federal Reserve independence and offered an upbeat reading on the US economy.

CEOs from top Wall Street banks JPMorgan Chase and BNY voiced support for the independence ​of the U.S. Federal Reserve on Tuesday, days after the Trump administration opened a criminal ‌investigation into Fed Chair Jerome Powell.

The Trump administration is lifting regulations, and deal making is heating up. For Jamie Dimon, being JPMorgan Chase’s chief executive was more lucrative in 2025 than ever.

Dimon said the bank's expected $9 billion spending increase would help it stay competitive not only with other big banks, but also fintech companies.

Leaders like JP Morgan CEO Jamie Dimon argue that EQ and critical thinking are the only skills that will survive the automation wave. Microsoft Satya Nadella would agree, calling emotional intelligence a required workplace skill.