The highly vaunted hearing is almost upon us. Tomorrow, Jamie Dimon, CEO of JPMorgan Chase & Co. will be the sole witness at a Senate Banking Committee hearing, “A Breakdown in Risk Management: What Went Wrong at JPMorgan Chase?” It...
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Photograph by Melissa Golden/Redux
JPMorgan Chase CEO Jamie Dimon.
Mr. Dimon Goes to Washington
Photograph by Scott Eells/Bloomberg
Jamie Dimon, chief executive officer of JPMorgan Chase & Co.
JPM’s Investments in Senate Banking Well Hedged
When JP Morgan CEO Jamie Dimon testifies before the Senate Banking Committee tomorrow, he’ll see some friendly faces on the dais. Or least some appreciative ones. Employees from JP Morgan have contributed generously to senators who just happen to sit...
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Photograph by Joshua Roberts/Bloomberg
Senator Tim Johnson, a Democrat from South Dakota, chairs a Senate Banking Committee hearing in Washington.
Squaring Off Against Jamie Dimon: Tim Johnson
Jamie Dimon won’t be the only one in the spotlight tomorrow. As the JPMorgan CEO comes to Washington to testify about $2 billion in trading losses, it will be Senate Banking Committee Chairman Tim Johnson holding the gavel. Bloomberg’s Phil...
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The Hanford Nuclear Reservation near Richland, Washington.
Washington Daybook: Clearing the Air
Regulation of pollutants and JPMorgan will dominate discussions in the nation’s capital today, along with fallout from yesterday’s elections. The Senate Banking Committee will hear from Treasury Secretary Tim Geithner and Federal Reserve, FDIC, and other market regulators on what...
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Photograph by Charles Ommanney/Getty Images
In the last moments of their administration President George W. Bush and first lady Laura Bush welcome Barack H. Obama and his wife Michelle in the Blue room of the White House.
Washington Daybook: Picture This
Former President George W. Bush and his wife Laura drop by the White House today to check out their official portrait and have lunch with the Obamas. The Bushes have pretty much avoided Washington like the plague since departing the...
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Photograph by Timothy A. Clary/AFP/Getty Images
JP Morgan Chase headquarters in New York.
Bankers Snap Up Swaps as Regulation Looms
The bankers are getting nervous. The talk in Washington about heightened regulation — and what seems like an increasingly real risk that talk may translate into action this time — has investors buying more credit-default swaps on Wall Street banks. In...
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Photograph by Justin Lane/EPA
The JPMorgan Chase building in New York.
Washington Daybook: Show Me The Money
JPMorgan Chase & Co.’s $2 billion-and-counting loss from derivatives trading will be probed by both a Senate committee and a Treasury panel today. CFTC Chairman Gary Gensler and SEC Chairman Mary Schapiro will testify before the Senate Banking Committee on...
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Photograph by Simon Dawson/Bloomberg
Jamie Dimon
Has JPMorgan’s Dimon Changed His Tune on Regulation?
Jamie Dimon knows more than anyone else that many onlookers are enjoying his recent discomfort. Announcing to the world a mea culpa is never fun, but because Dimon has seemingly been such a vocal critic of regulatory overreach, $2 billion...
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Photograph by Harry Hamburg/AP Photo
Senate Majority Leader Harry Reid whispers to House Speaker John Boehner with Mitch McConnell left, and Nancy Pelosi in the House Speaker's office on July 23, 2011.
Washington Daybook: Power Lunch, or Food Fight?
President Obama, seeking to gain the upper hand on economic issues, hosts a luncheon at the White House to talk about job creation with House Speaker John Boehner and Mitch McConnell at one side of the table, Senate Majority Leader Harry Reid and Nancy...
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A Chase bank branch at the company's New York headquarters.
What You Need to Know to Talk About JPMorgan in Washington
By BGOV’s Nela Richardson and Christopher Payne The news that JPMorgan Chase & Co. is expecting a $2 billion loss from risky trading has led to calls for increased banking regulation. Bloomberg Government economists Nela Richardson and Christopher Payne put...
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Contributors
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Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
