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✉news BusinessReal Estate first seen 12 h ago, last 9 h ago, peak #22

JPMorgan Declines to Sign Housing Act Trump Dismissed as a 'Big Yawn'

Original: Trump Called Housing Act a ‘Big Yawn’ and Declined to Sign It — Now Jamie Dimon’s JPMorgan Says It Won’t

JPMorgan, led by Jamie Dimon, has said it will not sign on to a housing act that President Trump once dismissed as a 'big yawn' and declined to sign himself. The parallel between the president's dismissal and the bank's refusal is drawing attention, with commentators linking the two rejections and weighing what the decision means for the housing legislation's prospects.

Why now: The coincidence of the bank's refusal echoing Trump's earlier dismissal is fueling fresh debate over the housing act.

JPMorganJamie DimonDonald Trump

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