Advertisement
Business

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.

RELATED:

Advertisement

Key regulators learned of JPMorgan loss from media reports

JPMorgan Chase’s huge loss exposes the risky side of banks

Jamie Dimon to testify at June 13 Senate hearing on JPMorgan loss


Newsletter
Get our weekly Business newsletter

A look back, and ahead, at the latest California business news.

You may occasionally receive promotional content from the Los Angeles Times.
Advertisement