JPMorgan Chase CEO Dimon has no plans to join Trump administration
CBSN
JPMorgan Chase CEO Jamie Dimon will remain in his post at the bank and has no plans to take a position within the Trump administration, a source familiar with the matter told CBS MoneyWatch Wednesday.
Despite speculation that he might be in the running for Treasury secretary, Dimon had previously dismissed the possibility.
In an earnings call last month, the chief executive said the chances of him taking a senior government role were "almost nil."
Throughout Election Day and night, CBS News' Confirmed team will be fact checking reports of threats around voting today, voter fraud, election hacking, and more as the nation votes and waits to see whether Vice President Kamala Harris and former President Donald Trump will be the 47th president of the United States.
Leonard Glenn Francis, a former defense contractor convicted for masterminding an unprecedented bribery and fraud scheme targeting the U.S. Navy, was sentenced Tuesday in federal court to 15 years in prison. He was ordered to pay $20 million in restitution and a $150,000 fine, the Department of Justice announced.
Harris and Trump both want major tax changes. Here's what they're proposing — and the impact on you.
Vice President Kamala Harris and former President Donald Trump are both proposing tax changes that would rank among the largest in U.S. history, but their plans would impact very different groups of Americans by providing tax credits and cuts to some taxpayers, while raising taxes on others.