The Senate Banking Committee has scheduled hearings with regulators for Tuesday and June 6 to discuss implementation of the 2010 financial reform law. Panel Chairman Tim Johnson (D-S.D.) said this week that JPMorgan's huge trading loss would be looked at during those hearings.
But after aides of Johnson and the committee's top Republican, Sen. Richard Shelby of Alabama, were briefed by regulators and JPMorgan about the trading loss over the last week, Johnson said he decided to invite Dimon to testify.
