JPMorgan Chase chief to face D.C. panel
JPMorgan Chase & Co. Chief Executive Jamie Dimon will face congressional questioning on June 13 about the bank’s huge trading loss, the Senate Banking Committee said Thursday.
The committee has been looking at the loss, which came to more than $2 billion, as part of its oversight of the 2010 Dodd-Frank financial reform law, and Chairman Tim Johnson, D-S.D., said two weeks ago he intended to call Dimon to testify.
A hearing was set for next Thursday, but was then postponed a week to accommodate the schedule of Dimon and senators.
