JPMorgan Chase's Jamie Dimon, Citigroup's Jane Fraser, and other bank executives will appear before the Senate Banking Committee on Wednesday. Livestream the.
The top bosses of America’s largest banks are set to line up before lawmakers this week in a highly-anticipated appearance to try and convince Washington and the world that the banking sector is back on steady ground following the regional banking crisis earlier this year.
The top bosses of JPMorgan, Bank of America, Citigroup, Wells Fargo and other major banks are expected to warn lawmakers this week that capital hikes and other new regulations will hurt the economy and should be indefinitely shelved. Worker pay and rights, climate change, mortgages, and financial stability are also likely to feature when the CEOs of the country's eight largest banks appear before the Senate Banking Committee on Wednesday, said executives and analysts.