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House panel to question Jamie Dimon on June 19 about JPMorgan loss

By Jim Puzzanghera
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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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Jim Puzzanghera

Jim Puzzanghera covered business and economic issues from the Los Angeles Times’ Washington, D.C., bureau. He joined The Times in 2006 and won the paper’s Editor’s Award in 2009 for coverage of the financial crisis. He has worked in the nation’s capital since 1998 and is a two-time National Press Club award winner for Washington coverage. A Northwestern University graduate, he previously worked for the San Jose Mercury News, Newsday and the St. Petersburg Times. He left The Times in 2019.

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