JPMorgan Chase CEO Jamie Dimon objected to Rep. Brad Sherman's questioning during a House Financial Services Committee hearing, but Sherman would not let him speak out.
Rep. Brad Sherman, D-Calif., grills JPMorgan Chase CEO Jamie Dimon during a House Financial Services Committee hearing on Sept. 21, 2022."First of all, I wouldn’t call those loopholes," he said, but before he could elaborate, Sherman cut him off and said he did not ask him "to respond to my editorialization," just the question about the Russian companies."We are following the instructions of the American government as they asked us to do it," Dimon said.
Jamie Dimon, chairman and CEO of JPMorgan Chase, attends a House Financial Services Committee hearing in Washington on Sept. 21, 2022. "It’s a yes or no question," Sherman said before the congressman stated that JPMorgan has not cut ties with those companies. "Do you continue to own a major stake in the Russian bank, SberBank?" he next asked, to which Dimon replied, "No, we do not own a stake in SberBank," while noting that it is "in a mutual fund somewhere."
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