JPMorgan Chase & Co Chief Executive Jamie Dimon has
agreed to testify before Congress over the bank's recent trading losses, which
have ignited a political debate over whether large U.S. banks need to be reined
in by regulators or new laws, Reuters reports..
U.S. Senate Banking Committee Chairman Tim Johnson said in a
statement on Thursday that his panel will invite Dimon to appear before
Congress.
He did not say on what date the committee wants Dimon to
testify but that it would follow a set of hearings with regulators on the
trades and efforts to implement Wall Street reforms that will conclude on June
6....
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