The Fox Business correspondent, Grady Trimble, covers what Bank CEOs have to say to assert that they uncheck the Conservatives on “The Big Money Show”.
The CEO of JPMorgan Chase, Jamie Dimon, and the CEO of Bank of America, Brian Moynihan, visited Capitol Hill Thursday morning to meet the Senators of the GOP on the litigious subject of the speaking – the controversial practice of refusing banking services to linked customers to industries or causes deemed political.
Dimon and Moynihan – With the CEOs of Capital One, Trist, Wells Fargo, PNC and US Bancorp – met Republicans within the Senate Banking Committee to discuss the speech, a question that the Conservatives allege them in disproportionate.
Questioned by Fox Business after the meeting if Bank of America had already uninformed a client, Moynihan replied: “We have 70 million customers and we are happy to serve anyone.”
Big Bank CEOs to meet the legislators on solutions to the gambling
The question of Debanking appeared as a question at the end of button after President Donald Trump criticized Moynihan at his address at the World Economic Forum in Davos, Switzerland last month, saying that Bank of America, as well as JPMorgan Chase, restricted the bank was the bank restricted the bank restricted the bank to restricted the bank with restricted banking access to the Conservatives.
“They don’t take conservative affairs, and I don’t know if the regulators have forced this because of Biden or what, but you and Jamie [Dimon] And everyone, I hope you open your banks to the Conservatives because what you do is bad. “”
The CEO of Bank of America, Brian Moynihan, speaks during “Mornings with Maria” at the Fox Business Network Studios on July 27, 2023. (John Lamparski / Getty Images)
Moynihan refused to comment when he asked him about these particular allegations of Trump, saying: “You should talk to him about it”, adding that he would not meet Trump during his visit to Washington.
Another major participant in Reunion, Dimon, had more to say about the issue, declaring that the meeting was “excellent”.
“I think it’s very good that people sit down and talk about how we can improve the country,” Dimon at Fox Business told the round table.
JPMorgan Chase would have started to start layoffs
When he was asked if JPMorgan had already engaged in the practice of unit because of political convictions, Dimon said that this did not happen.
“We do not deduce people because of political or religious affiliations, but there are many things that can be corrected. We have to resolve them. Opinion, which should not be disconnected, “said the longtime CEO of Jpmorgan.
The CEO of JPMorgan Chase, Jamie Dimon, speaks at a Club of New York event on April 23, 2024. (Victor J. Blue / Bloomberg via / Getty Images)
Asked in a follow -up if he blamed banking regulators mainly for questions surrounding the gambling, Dimon said: “Above, yes.”
The visit of the leaders of the Bank intervenes while the new president of the Senate Banque Tim Scott, Rs.C., prioritized transparency surrounding the speaking.
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Indeed, Scott led the Senate Banking Committee by hearing witnesses last week who experienced a gathering.
Scott called the “constructive” Thursday round table and said in a statement that Congress needs “the size of the impacts of heavy and arbitrary regulations of the Biden administration”.
“The unit of the Americans should concern everyone – law -respecting citizens and federal legal companies deserve access to financial services – regardless of industry or political affiliation,” said Scott. “My message is clear: no regulator, and no financial institution, is greater than the principles of equity and market access.”
