JPMorgan CEO Jamie Dimon hit back at allies of President Trump on Tuesday, warning that the independence of the Federal Reserve is “absolutely critical” amid a move by GOP bigwigs to force under-fire Chair Jerome Powell to resign.

The 72-year-old has been under pressure since The Post revealed that Fed bureaucrats were pushing ahead with a $2.5 billion revamp of its DC headquarters despiting the central bank’s mounting losses.

“The President said he’s not going to try to remove Jay Powell,” Dimon said after the publication of the bank’s second quarterly earnings report.

“The independence of the Fed is absolutely critical, and not just for the current Fed chairman, who I respect, but for the next Fed chairman.”

“Playing around with the Fed can often have adverse consequences, absolutely opposite of what you might be hoping for,” he said.

President Trump — who has repeatedly labeled Powell as “Too Slow” for failing to cut interest rates — on Thursday appointed three new members to the National Capital Planning Commission, which regulates federal development projects.

The shake up at NCPC, which has five voting members, is being seen as yet another move to pile more pressure on the man he nominated as Fed chair in 2018 to step aside.

The Fed chair was accused of lying to Congress by Fannie Mae and Freddie Mac boss Bill Pulte, who urged Powell to quit over the scandal.

Dimon also used JPMorgan’s earnings call to warn that President Trump’s trade policies pose “significant risks” to the US economy — even as the bank announced second quarter profits that were once again boosted by its trading.

The Wall Street veteran, at the helm of JPMorgan for nearly two decades, reiterated that the commander-in-chief’s tariff plans could upend growth, while praising the passing of Trump’s Big Beautiful Bill.

“The US economy remained resilient in the quarter. The finalization of tax reform and potential deregulation are positive for the economic outlook,” Dimon said, also pointing to an uptick in the company’s investment banking profits.

“However, significant risks persist – including from tariffs and trade uncertainty, worsening geopolitical conditions, high fiscal deficits and elevated asset prices,” he added.

America’s biggest lender said its net income fell to $15 billion, down 17% from the same period last year.

This was due to a one-off $8 billion gain in 2024 from its stake in credit card provider Visa, the bank said.

JPMorgan’s second quarter profits are equal $5.24 a share, compared to the $4.48 a share forecast by analysts at the London Stock Exchange Group.

Trading revenue was up by 8% to $8.9 billion, with both equities and fixed income markets businesses seeing jumps.

The firm’s investment banking unit was also up 8% to $2.5 billion in the first signs that dealmaking doom and gloom is starting to lift on Wall Street.

Chief financial officer Jeremy Barnaum said the bank’s deals pipeline was “robust” and that M&A sentiment was “noticeably more upbeat.”

Both divisions performed better than management’s earlier guidance.

In May, JPMorgan a mid-teens percentage drop in investment banking fees, while trading revenue was expected to grow by a mid-to-high single-digit percentage.

Dimon’s remarks came as a string of rival Wall Street firms unveiled their financial results for the second quarter of 2025.

Investors will be scrutinizing how executives see the impact of tariffs and the tax and spending bill signed into law by President Donald Trump earlier this month.

Citigroup, led by CEO Jane Fraser, reported its second quarter results on Tuesday before the opening bell, reporting net income of $4 billion, up 25% from a year ago.

The bank’s net income of $4.02 billion climbed 25% from the same quarter last year, or $1.96 per share.

That is significantly higher than estimates by the London Stock Exchange Group of $1.60.

The lender said total markets revenue rose by 16% versus the same period a year ago, while equity revenue alone was up 6% year over year.

Banking was another bright spot, with revenue up 18% over the second quarter of 2024, even with losses on loan hedges.

Charlie-Scharf-led Wells Fargo, which saw a Federal Reserve-imposed asset cap lifted last month, cut its full-year guidance for net interest income.

The San Francisco-based lender posted $11.7 billion in net interest income — income from lending minus the cost of deposits — for the three months through June.

It fell just short of analysts’ estimates of $11.8 billion. That prompted Wells Fargo to lower its full-year NII growth target to little changed from last year