senate banking committee news
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Lawmakers press for tough Iran sanctions bill
Washington :: DC :: USA | 10 months ago
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Republicans and Democrats are pressuring congressional negotiators to produce legislation imposing the severest penalties on Iran, targeting its energy sector and financial institutions as the United States seeks to weaken Tehran economically and
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Report: Bennett aide got ‘VIP' home loan from Countrywide
Seattle :: WA :: USA | 11 months ago
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Mary Jane Collipriest, a former chief of staff to Sen. Bob Bennett, R-Utah, here at the Russell Senate Office Building in 2007, denies getting any special treatment on home loans from Countrywide. (AP Photo/Kevin Wolf) Report: Bennett aide got VIP'
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Money Market Funds Still At Risk, S.E.C. Chief Warns
Washington :: DC :: USA | 11 months ago
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Despite changes made in the wake of the financial crisis, money market funds remain vulnerable to runs by panicked investors seeking to withdraw their money, the chairman of the Securities and Exchange Commission is expected to tell a Senate
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Wall Street's voice moving on
New York City :: NY :: USA | 11 months ago
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It's time, he said earlier this month from his downtown office, just blocks from the Capitol. The former Dallas mayor and four-term Republican congressman is no stranger to Washington, and he plans to remain a visible force in the nation's capital,
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With Dimon Set to Testify Again, JPMorgan Chase Favors GOP on House Panel
Washington :: DC :: USA | 11 months ago
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As he did in his appearance before the Senate Banking Committee, Dimon will field questions from lawmakers who have benefited from political contributions from JPMorgan Chase. Members of the House committee have received over $168,000 from the
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DealBook: In House Testimony, Dimon Sticks to Script
New York City :: NY :: USA | 11 months ago
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Article Tools Anyone hoping that Jamie Dimon s second round of prepared Congressional testimony will reveal the full story behind his bank's multibillion-dollar trading loss or any fresh details for that matter is in for a disappointing read. Mr.
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JPMorgan CEO arrives to testify before Congress
Washington :: DC :: USA | 11 months ago
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organ Chase CEO Jamie Dimon arrived to testify before Congress on Wednesday about how the largest U.S. bank lost more than $2 billion on risky trades and whether its executives failed to properly manage risk. The start of the
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JPMorgan CEO Jamie Dimon to apologize before Congress
New York City :: NY :: USA | 11 months ago
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Gallery We have let a lot of people down, and we are sorry for it, Dimon says in remarks prepared for the Senate Banking Committee. We will not make light of these losses, but they should be put into perspective. We will lose some of our shareholders'
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Farm bill divides Midwestern and Southern farmers
Washington :: DC :: USA | 11 months ago
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The five-year farm and food stamps bill now being debated in the Senate is a regional fight, pitting rice and peanut growers in the South against corn producers and soybean farmers in the Midwest. The half-trillion-dollar bill
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Dimon to apologize in testimony before Congress
New York :: NY :: USA | 11 months ago
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organ Chase CEO Jamie Dimon plans to apologize before members of Congress on Wednesday for a trading loss that has cost the bank more than $2 billion. He is also saying that the bank has taken steps to make sure it does not
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