JPMorgan Chase CEO Jamie Dimon went to bat Tuesday for the Federal Reserve and its chair, Jerome Powell, as the White House pondered ousting him over disagreements about the path of short-term interest rates.

Multiple media outlets reported that Dimon, who has reined in criticism of President Trump during his second term, touted the independence of the central bank during an earnings call.

“I think the independence of the Fed is absolutely critical,” Dimon said, according to The Wall Street Journal. “Playing around with the Fed can have adverse consequences, the absolute opposite of what you........

© The Hill