House Lawmakers Plan 'Much Tougher' Dimon Hearings Than Senate -Fox Business's Gasparino

Date : 06/15/2012 @ 2:16PM
Source : Dow Jones News
Stock : JP Morgan Chase & Co. (JPM)
Quote : 85.36  0.01 (0.01%) @ 8:00PM

House Lawmakers Plan 'Much Tougher' Dimon Hearings Than Senate -Fox Business's Gasparino

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Fox Business Network's Charlie Gasparino said Friday that some members of the House Financial Services Committee thought James Dimon's Senate appearance was "kind of a love fest" that lacked skeptical questioning.

Gasparino said the J.P. Morgan Chase & Co. (JPM) chief executive will likely face a "much tougher grilling" before the House next week.

The Financial Services Committee is expected to focus on the question of how a large number of regulators were unaware of J.P. Morgan's trading loss, Gasparino said.

Website: www.foxbusiness.com

Write to nymonitoring@dowjones.com

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