Congressional study warns of dire US debt outlook (via AFP) US debt is on track to double the size of the entire economy in the…
(via AFP) The US House of Representatives, led by President Barack Obama’s Republican foes, plans to vote before its August recess on whether to extend…
PoliticoJPMorgan's Dimon to testify before Congress in JuneReutersBy Alexandra Alper | WASHINGTON (Reuters) – JPMorgan Chase (JPM.N) Chief Executive Jamie Dimon has been invited to testify before the Senate Banking Committee on June 7 to give lawma…
Jamie Dimon May Testify In Washingon On June 7 Over Trading LossForbesLawmakers in Washington want to hear from JPMorgan Chase CEO Jamie Dimonover his firm's recent losses and they might get the opportunity next week. Senate Banking Committee Chair…
OregonLive.comJPMorgan, the Volcker Rule, and the Extreme Brevity of Financial MemoryHuffington PostExhibit A: The renewed battle over the so-called Volcker Rule in response to JPMorgan Chase's recent trading loss — which might reach $5 billion. H…
U.S. News & World ReportJPMorgan's investment in lawmakers pays off in dividends of deflected blameOregonLive.comAs the panel held the first hearing on the JPMorgan losses, Sen. Richard Shelby of Alabama, the committee's ranking Republican, glo…
OregonLive.comStop the Big Banks Before They Can Lend AgainBloombergIf only there had been more regulators at JPMorgan Chase & Co. (JPM) If only the regulators had done a better job. Then what? The response to JPMorgan's May 10 announcement of …
MarketWatchWhat Washington is eyeing after JP Morgan tradeMarketWatchBy Ronald D. Orol, MarketWatch WASHINGTON (MarketWatch) — While talk of breaking up big banks isn't likely to be translated into action in the wake of JP Morgan Chase & Co.&…
USA TODAYJPMorgan Losses Become Tool in Dodd-Frank Debate on Capitol HillSan Francisco ChronicleMay 23 (Bloomberg) — US lawmakers and regulators are seizing on the more than $2 billion in losses disclosed by JPMorgan Chase & Co. to bolster their p…
CBO warns of US falling off ‘fiscal cliff’
[img]http://l.yimg.com/bt/api/res/1.2/oXh_6AJBHy_uEbdrklkymA–/YXBwaWQ9eW5ld3M7Zmk9Zml0O2g9Mjg-/http://l.yimg.com/os/152/2012/04/21/image001-png_162613.png[/img]By ANDREW TAYLOR | Asso…