JPMorgan’s Jamie Dimon Says US ‘Probably’ Won’t Default on Debts
- Schumers tells bank chiefs that default shouldn’t be an option
- Yellen warned Tuesday that the US is approaching default
Jamie Dimon
Photographer: Sarah Silbiger/BloombergJPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said Wednesday the US government “probably” will not default on its debts.
Dimon, Citigroup Inc. CEO Jane Fraser, and other top executives of major banks met with Senate Majority Leader Chuck Schumer and discussed the debt limit, with the government potentially just two weeks away from a catastrophic payments default.