Yellen is said to be meeting with bank CEOs May 18 - Breaking The News
Download our appPlay StoreApp Store

Yellen is said to be meeting with bank CEOs May 18

EPA-EFE/JIM LO SCALZO

United States Treasury Secretary Janet Yellen will sit down with CEOs of major domestic banks to discuss the debt limit and the banking crisis on May 18 in Washington DC, CNN reported on Tuesday.

JPMorgan Chase CEO Jamie Dimon, Bank of America CEO Brian Moynihan and Citigroup CEO Jane Fraser will attend the meeting, according to unnamed sources.

The White House and congressional Republicans will discuss ways to resolve debt ceiling issues tonight.

Related Stocks
JP Morgan Chase
Bank of America
Citigroup
Related News
JPMorgan's Q1 revenue up 8% to $46 billion
JPMorgan Chase & Co. announced on Friday that its managed revenue in the first quarter of its fiscal 2025 reached $46 billion, jumping 8% year over year and beating expectations. In the reported trimester, on an annual basis, net income climbed 9% to $14.6 billion, while diluted earnings per share advanced 14% to $5.07."The economy is facing considerable turbulence (including geopolitics), with the potential positives of tax reform and deregulation and the...
Yellen: Trump's levies 'worst self-inflicted wound'
Former Treasury Secretary under Joe Biden's administration Janet Yellen indicated that the recent surge in Treasury yields may have influenced US President Donald Trump's choice to suspend proposed tariffs."This is the worst self-inflicted wound that I have ever seen in an administration impose on a well-functioning economy," Yellen stated, referring to Trump's economic policies in an interview with CNN International on Thursday.Yellen additionally...
Trump: Dimon said something had to be done
United States President Donald Trump told reporters in front of the White House on Wednesday that he watched JPMorgan Chase & Co. CEO Jamie Dimon when he was speaking to Fox Business in the morning."Dimon said something had to be done [about the issue of tariffs]," Trump said after announcing a 90-day delay on duties.During the interview, Dimon called for fast progress on tariff negotiations to put the markets at rest, warning that recession would...
JPMorgan CEO: Recession 'likely outcome' from tariffs
JPMorgan Chase & Co Chief Executive Officer Jamie Dimon warned on Wednesday that a recession is "a likely outcome" from United States President Donald Trump's tariff policies and escalating global trade war."I think probably that's a likely outcome, because markets, I mean, when you see a 2,000-point decline [in the Dow Jones Industrial Average], it sort of feeds on itself, doesn't it," Dimon said in an interview with Fox Business Network. Additionally, he noted that...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.