House panel to question Jamie Dimon on June 19 about JPMorgan loss
WASHINGTON -- A House committee will question JPMorgan Chase & Co. Chief Executive Jamie Dimon next month on the bank’s large trading loss.
The House Financial Services Committee will hold its hearing on June 19, a committee spokeswoman said Thursday. The session will take place less than a week after Dimon is set to testify before the Senate Banking Committee on June 13.
Lawmakers on both sides of Capitol Hill are looking at JPMorgan’s trading loss of more than $2 billion to determine if it should affect the drafting of new financial regulations or if additional legislation is needed to prevent future incidents.
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