On Tuesday, JPMorgan Chase CEO Jamie Dimon testified on Capitol Hill for the second time in a week, this time facing off against the House Financial Services Committee. Dimon faced tougher questions than those posed by the Senate Banking Committee, whose members were faulted for fawning over the banker. ("Mr. Dimon," said Sen. Mike Johanns (R-Neb.), it "occurs to me that an enterprise as big and powerful as yours, you've got a lot of firepower and you're — you're just huge.
On Wednesday, Jamie Dimon, the head of JPMorgan Chase, testified before the Senate Banking Committee and faced questions about a huge $2 billion trading loss that the bank was humiliated by in May. The loss stemmed from a complex he... Read Post
JPMorgan Chase CEO Jamie Dimon is on Capitol Hill again today, this time to talk to the House Financial Services committee about the bank's recent multibillion-dollar trading loss. According to his prepared testimony, Dimon plans to... Read Post
President and CEO of JPMorgan Chase, Jamie Dimon testifies before a Senate Banking Committee hearing on Capitol Hill Wednesday. The committee is hearing testimony from Dimon on how JPMorgan Chase lost over $2 billion in stock market... Read Post