Photograph by Andrew Harrer/Bloomberg
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., at a Senate Banking Committee hearing in Washington on June 13, 2012.
JPMorgan Chase & Co. CEO Jamie Dimon returns to Capitol Hill today at 9:30 a.m. to testify at a House Financial Services Committee hearing. Dimon, who appeared before the Senate Banking Committee on June 13, may face questions from lawmakers over whether the bank’s loss of at least $2 billion might have been prevented by the Volcker rule ban on proprietary trading.
Federal Open Market Committee policy makers begin a two-day meeting to decide on interest rates at 10 a.m. Federal Reserve Chairman Ben S. Bernanke said June 7 that Europe’s situation poses “significant risks” to the U.S. economy and that the central bank “remains prepared” to take action if necessary.
The Group of 20 nations will urge euro-area governments to take all steps necessary to protect their currency union, according to an excerpt of a draft of the statement that leaders will issue at the end of their two-day summit today in Mexico. Leaders including President Barack Obama will hold press conferences later today.
And the Senate Health Committee holds a hearing on the impact of Title IX, with testimony from Billie Jean King, winner of 11 Grand Slam mixed doubles titles among many other tennis triumphs.
