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JPMorgan Chase CEO Jamie Dimon clashes with Dem rep over Russia investments

Added 09-21-22 04:04:02pm EST - “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.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “JPMorgan Chase CEO Jamie Dimon clashes with Dem rep over Russia investments”. Below is an excerpt from the article.

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JPMorgan Chase CEO Jamie Dimon faced questioning from the House Financial Services Committee on Wednesday during a hearing titled, "Holding Megabanks Accountable," but an exchange with a Democratic committee member turned tense when the congressman did not want to hear what Dimon had to say.

Rep. Brad Sherman, D-Calif., first recalled that a Politico report from March said that Dimon was going to consider removing Russia from JPMorgan’s ESG fund suite, which focuses on environmental, social and corporate governance. Sherman asked if JPMorgan had indeed removed Russia from the fund suite.

"Probably," Dimon responded. When asked if he could find out and get back to the committee, Dimon said, "Happy to do it."

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