Why Fed Independence Matters

JPMorgan Chase Chairman & CEO Jamie Dimon said he would not consider being Federal Reserve Chair, stating there is "no chance, no way, no how" he would take the role. He also warned that chipping away at the Fed's independence could lead to higher inflation and interest rates over time. Dimon is on this week's episode of "The David Rubenstein Show: Peer to Peer Conversations." This interview was recorded January 15 at the US Chamber of Commerce's "State of American Business" event in Washington DC.

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