<div id="readability-page-1"><p>JPMorgan Chase (JPM) CEO Jamie Dimon has commented on the next Federal Reserve chair at a private, closed-door event.</p><h3>Claim 50% Off TipRanks Premium and Invest with Confidence </h3><ul><li>Unlock  hedge-fund level data  and  powerful investing tools  designed to help you make smarter, sharper decisions  </li><li> Stay ahead of the market with  the latest news and analysis  so your portfolio is always positioned for maximum potential</li></ul> <p>At JPMorgan's annual asset management industry event held this week, Dimon was asked about who he thinks might succeed current U.S. Federal Reserve Chair Jerome Powell. Dimon reportedly said that Kevin Hassett, a top White House economic adviser and leading candidate to run the central bank, would be most likely to lower interest rates in line with what U.S. President Donald Trump wants.</p> <p>&#34;Kevin Warsh would make a great chairman,&#34; Dimon said, according to people familiar with his remarks who were quoted in various media outlets. Dimon stressed at the private event that JPMorgan Chase would be fine no matter who runs the U.S. Federal Reserve. </p> <h2><strong>Narrowing Down the Fed Candidates</strong></h2> <p>Trump has previously described Warsh as one of his top candidates to lead the Fed. But lately he's been hinting that Hassett is his top choice. &#34;Any discussion about Fed nominations until an announcement is made by President Trump is pointless speculation,&#34; the White House has said.</p> <p>Trump has been eager to replace Jerome Powell as Fed Chair, whom the president blames for keeping interest rates too high. Treasury Secretary Scott Bessent is leading a search for the new central bank chair. He has developed a shortlist of five candidates, including both Hassett and Warsh.</p> <p>As for Jamie Dimon, he has previously spoken out about the importance of the Fed's independence as Trump seeks a replacement for Chair Powell, whose term expires in May 2026. &#34;I think the independence of the Fed is absolutely critical,&#34; Dimon said this summer. &#34;Playing around with the Fed can have adverse consequences, the absolute opposite of what you might be hoping for.&#34;</p> <h2><strong>Is JPM Stock a Buy?</strong></h2> <p>The stock of JPMorgan Chase has a consensus Moderate Buy rating among 18 Wall Street analysts. That rating is based on 11 Buy and seven Hold recommendations issued in the last three months. The average JPM price target of $337.00 implies 5.80% upside from current levels.</p></div>

<p>JPMorgan (JPM) CEO Jamie Dimon Comments on the Fed Chair Candidates</p>