JPMorgan Chase CEO Jamie Dimon vehemently opposes several major US financial regulatory initiatives, arguing they could hinder innovation, increase consumer costs, and weaken the financial system. He specifically criticizes the Basel III endgame proposal, the Federal Reserve’s capital surcharge, and the Consumer Financial Protection Bureau’s open banking rule.
JPMorgan Chase CEO Jamie Dimon vehemently opposes several major US financial regulatory initiatives, arguing they could hinder innovation, increase consumer costs, and weaken the financial system. He specifically criticizes the Basel III endgame proposal, the Federal Reserve’s capital surcharge, and the Consumer Financial Protection Bureau’s open banking rule. JPMorgan Chase CEO Jamie Dimon vehemently opposes several major US financial regulatory initiatives, arguing they could hinder innovation, increase consumer costs, and weaken the financial system. He specifically criticizes the Basel III endgame proposal, the Federal Reserve’s capital surcharge, and the Consumer Financial Protection Bureau’s open banking rule. Read More
