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Schumer’s Attempt to Involve Big Banks in the Debt-Ceiling Battle

Image by Jason Goh from Pixabay

Jamie Dimon, Jane Fraser and other bank executives went to the Capitol today to talk banking policy. They walked straight into the debt ceiling tug of war.

The CEOs of JPMorgan and Citigroup drew a swarm of reporters after word leaked out that they were meeting with Senate Majority Leader Chuck Schumer.

Dimon said he and the other bankers, in Washington for a Bank Policy Institute session, were talking to lawmakers of both parties about a range of bank issues, my Bloomberg colleague Steven T. Dennis reported.

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