Jamie Dimon, the man at the helm of United States’ largest bank J.P Morgan Chase, made some rather controversial statements at 21 September’s congressional hearing called “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.” The United States House Committee on Financial Services heard the testimonies of CEOs of U.S. top banks including Charles […]
Jamie Dimon, the man at the helm of United States’ largest bank J.P Morgan Chase, made some rather controversial statements at 21 September’s congressional hearing called “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.”the testimonies of CEOs of U.S. top banks including Charles Scharf from Wells Fargo, Brian Moynihan of Bank of America, and Citigroup’s Jane Fraser.for the hearing mentioned banks’ interaction with emerging technology and even talked about J.
Dimon did, however, state that he saw value in blockchain, DeFi, smart contracts, and “tokens that do something.”on stablecoins, the CEO stated that they should be subjected to similar laws as the capital markets.
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