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The Latest Breaking News from Jamie Dimon

'Banks Should Stay Silent,' Crypto Community Lashes Out At Jamie Dimon's Anti-Crypto Tirade

Not everyone was pleased with the latest development in the cryptocurrency industry and Dimon was one among them. He said he would close the industry down if he had the power.

International Business Times

Big Bank CEOs Testify Against Basel III Endgame Before Senate Committee

The CEOs of eight top banks visited Capitol Hill on Wednesday to testify against Basel III Endgame, the final stages of regulations in the works for 15 years.

International Business Times

Is A Recession Looming? Two Big Bank CEOs See It That Way

Recession is likely, Citi's CEO told a Senate panel today, a sentiment echoed by JP Morgan's chief executive last week.

Kiplinger

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Sen. Robert Menendez, facing bribery charges, stumps bank CEOs by asking how much their firms paid in settlements for allegedly ripping off consumers

The indicted senator expressed staunch support for the CFPB, which is under a legal threat of its own.

Fortune

Big US Banks Balk At New Capital Rules In Senate Hearing

Large US banks railed against new proposed capital requirements at a congressional hearing Wednesday, joining Senate Republicans in casting the measures as crimping loans to everyday Americans.

International Business Times

Jamie Dimon blasts crypto, tells Senate he would ‘close it down’—even as JPMorgan pushes forward with blockchain payments

The JPMorgan CEO's comments to the Senate are just his latest tirade against crypto. His position is a bit ironic given the bank's own embrace of technology.

Fortune

Why billionaires are flocking to Haley

Haley's eagerness to cut entitlement programs is winning over the richest Republicans

Salon

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OPINION - If Nikki Haley is the new hope for sane Republicans, it's bad news for her

Nikki Haley scored two big-money prestige endorsements last week that strikingly boost her standing in the Republican primaries. The Koch Brothers’ conservative money machine, Americans for Prosperity Action, lined up behind the former South Carolina governor, a move that could provide her with maximum financial support, especially if she overtakes,…

Evening Standard

Democrat megadonor gives to Nikki Haley super PAC to help thwart Trump

Reid Hoffman, co-founder of LinkedIn, gave $250,000 to SFA Fund Inc and has backed other anti-Trump causes

The Independent UK

Wall Street titans are getting behind Nikki Haley in the presidential race—hedge funder Bill Ackman says it’s time for Biden to ‘step aside’

Many in the finance industry “are looking to consolidate around an alternative to Trump before it’s too late,” said one expert.

Fortune

JPMorgan boss Jamie Dimon wants Americans on both sides of the political fence to unite to keep Trump out of office—but warns against sneering at MAGA supporters

The Wall Street veteran said the next U.S. president “needs to fix” a multitude of problems plaguing America’s lowest earners.

Fortune

‘Dr Doom’ Nouriel Roubini warns the market is in for a ‘megathreatened age’ and investors will lose trillions: ‘This bloodbath is likely to continue’

"Our first priority will be to survive the next few decades of instability and chaos."

Fortune

Billionaires are lining up to fund Donald Trump’s anti-democratic agenda

The more disturbing Trump’s public proclamations become, the more US plutocrats seem to want him to win

The Guardian - US

Nikki Haley privately discusses economy with Wall Street chief as her campaign rises

Mr Dimon allegedly praised the former South Carolina governor’s economic experience

The Independent UK

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Ballotpedia

House Judiciary Committee subpoenas ESG supporters

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

Fortune

'The era of “do nothing, the boss can’t fire me" is over' says Ivy League professor Jeremy Siegel, as workers face down fear of layoffs

Professor Jeremy Siegel said staff looking over their shoulders at laid off peers may have actually proved useful to the economy.

Fortune

Wall Street titans Larry Fink and Jamie Dimon say ‘rising fear and less hope’ are pushing the chances of a recession higher

JPMorgan CEO Dimon warned that the world is facing the “most serious” geopolitical instability since 1938.

The Guardian - UK

Middle East war could spark global recession, say Wall Street experts

Fear adds to Russia-Ukraine conflict risk and increases ‘probability of European and of US recession’

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Zenger

JPMorgan CEO Dimon: More Rate Hikes Warranted, But Pause Needed

JPMorgan CEO Dimon warns of potential economic shake-up due to rate hikes and quantitative tightening.

Fortune

Jamie Dimon just used one of Warren Buffett’s most famous quotes to warn about higher for longer interest rates

JPMorgan Chase CEO Jamie Dimon isn't holding out for a drop in the base rate—instead he's making sure his bank won't be left "swimming naked."

Zenger

JPMorgan CEO Dimon Sells Shares, Fuels Retirement Speculation

Jamie Dimon's sale of 1 million JPMorgan shares raises questions about his future plans as CEO.

Barchart

S&P 500 Closes Lower Despite Positive Tech News

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday fell by -0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) fell by -1.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose by +0.50%. Tech stocks saw support Friday from positive earnings news...

The Independent UK

Another first for JPMorgan CEO Jamie Dimon, selling shares of the bank he's run for nearly 2 decades

JPMorgan Chairman and CEO Jamie Dimon and his family are planning to sell 1 million shares of the bank starting next year, according to a regulatory filing

Barchart

Tech Stocks Rebound Higher on Positive Amazon and Intel News

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.96%. The broader indexes are higher today after positive earnings...

Fortune

1-800-Flowers CEO shares the best business advice he received from JPMorgan's Jamie Dimon

1-800-Flowers CEO Jim McCann shares how he made his first billion and the business advice he received from JPMorgan CEO Jamie Dimon.

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