JPMorgan (JPM) CEO Jamie Dimon said Sunday during an interview with Lesley Stahl on “CBS News Sunday Morning that he will “likely” take over as chairman of the Wall Street bank when he eventually steps down as CEO. “That’s likely to happen. Again, that is up to the board, not up to me. But if it makes sense, I may be chairing for a couple of years,” Dimon said. Commenting on President-elect Donald Trump’s plans to use tariffs to put pressure on other countries to resolve disputes with the U.S., Dimon said “Tariffs are a way, are a tool – if properly used – that can help get some of those issues resolved – unfair competition, national security issues. Like any tool if it is misused, it can do damage too.”
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