Big bank CEOs expected to testify before House Financial Services Committee in March

Big bank CEOs expected to testify before House Financial Services Committee in March
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THU, JAN 24, 2019
Big bank CEOs expected to testify before House Financial Services Committee in March
The chief executives from some of the biggest U.S. banks are expected to testify before the House Financial Services committee in March, two sources told CNBC.
CEOs Jamie Dimon and David Solomon recently had private meetings with top Wall Street critic Maxine Waters
Dimon and Solomon gave Waters their perspectives on a wide range of topics, including where they stand on the economy, and left the door open to continued dialogue, people said on the condition of anonymity.
Elizabeth Warren to propose ‘wealth tax’ on Americans with more than $50 million in assets, economic advisor says
Warren’s idea comes alongside other Democrats’ plans to raise taxes on the wealthiest Americans to pay for ambitious policy goals.
White House demands ‘large down payment on the wall’ as Senate tries to reach shutdown deal
The statement followed the failure of two Senate bills to end the partial government shutdown now in its 34th day.
The Trump administration has lost more than 90 percent of its court battles over deregulation
Despite his administration’s efforts to pare back federal regulations on business, in cases that have been challenged in court, Trump has fared quite poorly, according to a running tally maintained by the Institute for Policy Integrity, a nonpartisan think tank sponsored by the New York University School of Law.
Trump’s ex-lawyer Michael Cohen subpoenaed by Senate Intelligence Committee to testify before he goes to jail
Cohen had been scheduled to testify voluntarily in a public hearing before the Democrat-led House Oversight and Reform Committee on Feb. 7. But on Wednesday, Cohen postponed his testimony, citing ongoing “threats” against his family allegedly made by Trump and his current lawyer, former New York Mayor Rudy Giuliani.
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