Massive banks CEOs testify earlier than the Home Monetary Providers Committee — 9/21/22

Massive banks CEOs testify earlier than the Home Monetary Providers Committee — 9/21/22
Big banks CEOs testify before the House Financial Services Committee — 9/21/22

The Home Monetary Providers Committee holds an oversight listening to of huge client dealing with banks. Nation’s high financial institution CEO’s testifying on the listening to embody JPMorgan Chase’s Jamie Dimon, Citigroup’s Jane Fraser, Financial institution of America’s Brian Moynihan, Wells Fargo’s Charles Scharf, U.S. Bancorp’s Andy Cecere, PNC’s William Demchak, and Truist’s William Rogers Jr..

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Massive financial institution CEOs testify earlier than the Home Monetary Providers Committee — 9/21/22

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48 thoughts on “Massive banks CEOs testify earlier than the Home Monetary Providers Committee — 9/21/22

  1. A couple of months ago, my wife withdrew money from her chase bank account at the teller counter, San Luis Obispo in California, downtown. Then when she tried to do a money transfer at one of the stores in De Bu of Pismo Beach, their machine detected by one of the $100 bills was counterfeit. She then brought the bogus bill back, about 1.5 hours after withdrawing to the same bank, and reported what had happened. A different teller ran $100 bill in the same machine when she withdrew but didn’t detect the counterfeit bill. So Teller ran the bill through a depositing machine and detected counterfeit, which is done at present by the same teller.

    Her hard-earned money is directly deposited into her chase bank account by her employer Davita. Despite her honesty, worked as a frontline employee before and during the peak of Covid to date. What is the bank policy regarding this matter?

    The bank took the bogus $100 bill and told her they are going to do an investigation. To date, all the bank was saying is they are still investigating it.

  2. This is Mansoor
    Gentleman
    Consumer you talking about?
    KINDLY Give analysis
    Prominent Consumer.
    Middle-class.
    Working class.
    Need percentages.
    Paramount Gentleman.
    MANSOOR GLOBAL CAPITAL CAPITAL MARKETS ORREFORS CLOCK TICKING AS STATED
    ET AL Mansoor International Judicial Notice in motion as stated
    MR. Dimon
    Gentleman with all DUE respect be diligent.
    Paramount Entrusted SEAL

  3. Why is Wells Fargo allowed to open its doors?

    They, using Federal Reserve currency and centralized banking, defrauded customers and illegally used personal identifiable information without consumer consent, to open bank account and credit cards.

    Jamie, you hypocrite.

    Central banks are a syndicated crime network and YOU NEED TO BE SHUT DOWN

    WHERE IS THE MISSING $100 MILLION FORM SWIFT AT NEW YORK FED, UNDER TIMMY GEITHNER'S SUPERVISION?

    WHERE'S THE MONEY, JAMIE.

    SEEMS CENTRALIZED FINANCE IS THE PONZI SCHEME.

    JAMIE, GO TO HELL

  4. Jamie Dimon said bitcoin was a fraud WHOLE HE HAD A DEPARTMENT AT JP MORGAN CHASE TRYING TO DEVELOP A BLOCKCHAIN ALTERNATIVE TO BITCOIN THAT HE COULD MONOPOLIZE.

    I THINK HE IS SHOULD BE FORCED OUT OF ALL ASPECTS OF THE FINANCIAL INDUSTRY IF AMERICA WANTS TO RECOVER FROM THE FINANCIAL MANIPULATION OF THE CENTRALIZED SYSTEM THAT IS A CRIME SYNDICATE AND PUPPET TO BANK OF ENGLAND AND ROTHSCHILDS

  5. Reading through the comments explains why we have stupid elected officials in the first place. No wonder these crook bankers are making a killing off of our so called democracy…

  6. If this doesn’t show everyone how incompetent AOC is, I really don’t know what people are doing. Rashida Talib is also a dunce. Only the US would allow the dumbest of the pack to lead the way.

  7. Good grief! Whine, whine, whine! I guess that’s a requirement among the minority party members but I should think they would rather sound intelligent rather than petulant.

  8. no matter how you critique this entire congressional hearing, there is not one word spoken by any of the Democrats present that makes one bit of sense. Amazing how stupid can be and Dems elected these A holes.

  9. Ugh these politicians are so gross. Maxine belongs in jail, seems like many others do as well. Banks are incredibly over-regulated, and these leftist politicians who have NO EXPERIENCE IN THE REAL WORLD, are treating the CEO’s like dirt. Nasty nasty nasty. Fire them all! How many jobs have politicians created?? It’s ZERO. How many jobs have these CEO’s created? Hundreds of thousand. Gosh I hate democrat politicians.

  10. If plantation owners defaulted on loan payment the banks took ownership of these slaves. JP Morgan was not alone. The predecessors that made up Citibank, Bank of America and Wells Fargo are among a list of well-known US financial firms that benefited from the slave trade. 👈🏾🇺🇸🆘

  11. maybe mrs water would give a class on finance in three years she acquired a net worth of 10 million dollars maybe the banker should learn from her talk about defrauding the people

  12. They could've just adjourned after the first few minutes when McHenry spoke. Basically all the facts anyone who doesn't know needs to know, and that's that.

  13. Fire McHenry. He can't keep his mind on his current task.

    I also believe that any elected person should be fired if they lied to get their job.

    However, Americans witness the poor character of the candidates, especially after the primaries, and act surprised when they show how corrupt they are.

  14. poor Moynihan looks like he's in physical pain the entire time, and I cant figure out why the camera man keeps zooming in on Ms. Fraser's hair. This whole thing is awful. I applaud Mr. Sessions for being understanding and appreciative of not only these individuals' time, it also suggesting they switch spots next year and let the banks question the House.

  15. I'm very Liberal, but how on earth did some of these Democrats get into power? They're absolutely borderline intellectually challenged and so old and in some cases seem senile. Sherman, Waters, the two old guys that can barely speak and plenty of them struggling with conference calls.

    Seriously how can any intelligent person elect people like some of these democrats.. I wouldn't hire them for my team and would have to try end the interview early if they applied for an entry level job

  16. Jane Frasier leads a bank that currently employs racist, discriminatory hiring processes. African American candidates are called “diverse”, and Caucasian candidates are called “not diverse” while reviewing the candidates. This is illegal, and Mrs. Frasier should be held accountable for discriminatory hiring practices, and is unfit for her position. She put in place the requirement for ALL employees, new and current to be vaccinated, or else they cannot work at Citi. She upholds a “tobacco free campus” at all their sites, taking away freedom after freedom.

  17. Research each of these banks' HMDA data. Look at the "Race: Not Available" data, the "Purchased" loan data and the "observed race" data. This is where they try to hide the redlining.

  18. He will not answer the question “Is it true that you interviewed an African American employee for a position after you had already hired a white employe?”

    Why? Because the answer is yes. This practice goes back a long time. If I were to guess, I would say at least 10 years. I was the beneficiary of a rigged interview process in 2014. Myself (I am a white man) and another contractor (a white woman) were preselected for 2 open roles for credit analysts.

    My manger told me that we were preselected and that there would be an interview, but that the interview would just be a formality.

    Somewhere between 10 and 18 other contractors were pointlessly interviewed for these roles. At least one white woman and one Asian woman were among those interviewed. I cannot recall for certain if any Blacks were interviewed. It has been a long time. If I were to guess, I would say there were not, not in that particular instance.

    This was in march of 2014. I worked in commercial lending. The guy from the NYT article worked in the wealth management section of the business, and his thing happened (I think) in this year.

    What all of this adds up to is that this practice was pervasive and widespread, and that senior management (most likely up to the CEO and board) has known about it the entire time.

    If you wonder how I reason this, think of it this way- where did my manager get the idea to do this, to run fake interviews in a rigged hiring process? Did she come up with this all on her own? Maybe it was her manager that said to do this. Where did he get the idea? This idea has to have originated from somewhere, and the fact that it has went on for so long and has taken place in completely separate sections of the business (it’s not confined to wealth management, so the idea originated from someone at a level above that business section, not someone within that business section,and it’s not confined to commercial lending, so it’s someone above the level of that individual business unit).

    I give a watered down account of this in my complaint to the federal authorities. I think it is paragraph 119. My complaint is linked on many of the videos in the playlist featured on my channel, if you want to look.

    This bank massacred me with crime. I reported to the US DOJ and the US DOJ sponsored a cover-up and an additional criminal massacre of me.

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