President Donald Trump on Saturday said that he never considered JPMorgan (JPM) CEO Jamie Dimon for the chairmanship of the U.S. Federal Reserve, contradicting a WSJ report that indicated otherwise.
This week, citing people briefed on the discussions, the journal reported that during a meeting at the White House several months ago, the president had offered Dimon the Fed chair role, but the 69-year-old regarded the offer as a joke.
“Why would I give it to Jamie?” Trump said in a social media post, adding that “this statement is totally untrue; there was never such an offer.”
Additionally, Trump threatened that he would sue JPMorgan (JPM) “over the next two weeks for incorrectly and inappropriately DEBANKING me” over the Jan. 6 attacks on the U.S. Capitol building.
His comments came after Dimon, one of the leading CEOs in the U.S., raised concerns over subpoenas issued by the Justice Department to the Federal Reserve over the renovation of the central bank’s office buildings.