Trump Angry Over WSJ Report He Offered Jamie Dimon the Fed Chair, Vows to Sue Chase For ‘DEBANKING’ Him After ‘RIGGED’ 2020 Election
President Donald Trump today rejected a Wall Street Journal report claiming he offered JPMorgan Chase CEO Jamie Dimon the position of Federal Reserve chair, calling the report false and announcing plans to sue the bank within weeks over what he described as his improper de-banking after the January 6 Capitol riot in 2021.
Trump aired his grievances against both the newspaper and JPMorgan Chase in a post published Saturday morning on Truth Social.
He began by writing: “A front page Article in The Fake News Wall Street Journal states, without any verification, that I offered Jamie Dimon, of JPMorgan Chase, the job of Fed Chairman.
“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, a protest that turned out to be correct for those doing the protesting — The Election was RIGGED!”
Trump has previously said that JPMorgan Chase and Bank of America, the nation’s two largest banks, refused to provide him with accounts. In an interview with CNBC last summer, he said he tried to “deposit a billion dollars-plus” but was turned away by both institutions.
The Truth Social post was a response to a Wall Street Journal report published last Wednesday, which claimed Trump offered Dimon the Fed chairmanship in early 2025. According to the report, Dimon did not treat the offer as serious.
Separately, Politico has reported that Dimon’s name was raised as a possible Treasury secretary candidate during the 2024 presidential campaign, though it said his relationship with Trump has “since soured.” Trump said Saturday that he never entertained the idea and praised Scott Bessent’s performance in the role, calling him a “SUPERSTAR.”
Trump continued in his post: “Why wouldn’t The Wall Street Journal call me to ask whether or not such an offer was made? I would have very quickly told them, “NO,” and that would have been the end of the story. 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. The Wall Street Journal ought to do better “fact checking,” or its already strained credibility will continue to DIVE. Thank you for your attention to this matter!”
Trump’s comments come as his Justice Department is investigating Federal Reserve Chair Jerome Powell over a long-running renovation project at the Fed’s headquarters. Powell has said the scrutiny stems from his disagreements with Trump over interest rate policy, not the renovation itself.
JPMorgan Chase informed customers in November that it was under investigation by the U.S. government over allegations of de-banking conservatives. The bank has denied closing accounts or refusing customers based on political views.
{Matzav.com}