{"id":115200,"date":"2021-05-27T16:53:26","date_gmt":"2021-05-27T16:53:26","guid":{"rendered":"https:\/\/fin2me.com\/?p=115200"},"modified":"2021-05-27T16:53:26","modified_gmt":"2021-05-27T16:53:26","slug":"watch-live-bank-ceos-return-to-capitol-hill-for-second-day-of-testimony","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/watch-live-bank-ceos-return-to-capitol-hill-for-second-day-of-testimony\/","title":{"rendered":"Watch live: Bank CEOs return to Capitol Hill for second day of testimony"},"content":{"rendered":"<p>[<em>The stream is slated to start at 12 p.m. ET. Please refresh the page if you do not see a player above at that time.<\/em>]<\/p>\n<p>The bosses of the nation&#x27;s largest banks will return on Thursday to Capitol Hill, where they will face another round of grilling from lawmakers.<\/p>\n<p>Lawmakers on the U.S. House Committee on Financial Services will hear from\u00a0JPMorgan Chase&#x27;s\u00a0Jamie Dimon,\u00a0Wells Fargo&#x27;s\u00a0Charles Scharf,\u00a0Citi&#x27;s\u00a0Jane Fraser and\u00a0Goldman Sachs&#x27;\u00a0David Solomon,\u00a0Morgan Stanley&#x27;s\u00a0James Gorman and\u00a0Bank of America&#x27;s\u00a0Brian Moynihan.<\/p>\n<p>The bank CEOs appeared on Wednesday before the U.S. Senate Committee on Banking, Housing and Urban Affairs. Democrats pressed them on their support for American consumers during the Covid-19 pandemic, and Republicans sought to discourage them from weighing in on social issues.<\/p>\n<p>One testy exchange from Wednesday&#x27;s hearing came between Sen. Elizabeth Warren, D-Mass., and JPMorgan&#x27;s Dimon. Warren accused JPMorgan Chase, and the other consumer banks, of not doing enough to communicate to its clients about relaxation of certain overdraft fees rules during the coronavirus outbreak.<\/p>\n<p>Dimon countered that the bank had accommodated customers that had made qualifying overdraft fee waiver requests and that the bank would not be returning the billions it collected in such fees in 2020.<\/p>\n<p><em><strong>Subscribe to CNBC on YouTube.<\/strong><\/em><em><strong>\u00a0<\/strong><\/em><\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/05\/27\/watch-live-bank-ceos-return-to-capitol-hill-for-second-day-of-testimony.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[The stream is slated to start at 12 p.m. ET. Please refresh the page if you do not see a player above at that time.] [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":115199,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Watch live: Bank CEOs return to Capitol Hill for second day of testimony - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/watch-live-bank-ceos-return-to-capitol-hill-for-second-day-of-testimony\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Watch live: Bank CEOs return to Capitol Hill for second day of testimony - Fin2me\" \/>\n<meta property=\"og:description\" content=\"[The stream is slated to start at 12 p.m. ET. 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