WASHINGTON Vice President Kamala Harris has increasingly turned to corporate executives from Wall Street and Silicon Valley to serve as informal advisers, policy allies and political boosters as she grapples with a sprawling and at times intractable policy portfolio.
Vice President Kamala Harris has increasingly turned to corporate executives from Wall Street and Silicon Valley to serve as informal advisers, policy allies and political boosters as she grapples with a sprawling and at times intractable policy portfolio.
By Michelle Price and Pete Schroeder WASHINGTON (Reuters) -Wall Street bank chiefs will tout the role their institutions have played in getting the pandemic-hit U.S. economy back on track when they appear before Congress this week, but are likely to face tough questions on hot-button social and economic issues. The Senate Banking and House Financial Services committees will hear from the chief executives of JPMorgan Chase & Co, Bank of America Corp, Citigroup Inc, Wells Fargo & Co, Goldman Sachs Group and Morgan Stanley on Wednesday and Thursday, respectively. In prepared testimony posted on Tuesday, the CEOs highlighted their banks resilience during the pandemic and their efforts to support struggling clients. They also flagged their work on other priorities, including efforts to address climate change and structural racism.