Let the earnings barrage commence. JPMorgan (JPM) is out with a big earnings beat, and CEO Jamie Dimon is voicing his support for Federal Reserve Chairman Jerome Powell and the very institution President Trump and his team are attacking.

Jamie Dimon, JPMorgan Chase's CEO, cautioned President Trump on the risks of tariffs to the US economy during the bank's earnings call. He stressed the importance of the Federal Reserve's independence,

This on-again, off-again approach has fueled a wave of uncertainty, compounding concerns over monetary policy and the potential fallout from a sudden change in leadership at the Fed. With the administration making no secret of its desire for lower rates, the prospect of disruption looms large.

The Fed may claim it's not Jay Powell's job to please the markets, but backing from JPMorgan CEO Jamie Dimon doesn’t hurt. In September, Powell and the Federal Open Market Committee (FOMC) cut ...