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House panel to question Jamie Dimon on June 19 about JPMorgan loss

May 31, 2012|By Jim Puzzanghera
  • JPMorgan Chase CEO Jamie Dimon will be heading to Capitol Hill on June 13 for a Senate hearing and on June 19 for a House hearing.
JPMorgan Chase CEO Jamie Dimon will be heading to Capitol Hill on June 13… (Jin Lee / Associated Press )

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.

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

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