One can always expect a coward to utter clichés and reinforce conventional banalities. Judging by the abundant of references to Hillary Clinton’s notorious but largely correct 2016 assessment that roughly half of Trump supporters represented the “basket of deplorables,” thanks to their "racist, sexist, homophobic, xenophobic, Islamophobic" views, that was the worst trauma visited on the American public since Pearl …
NEW YORK — The heads of Wall Street’s biggest banks used an appearance on Capitol Hill on Wednesday to plead with senators to stop the Biden administration’s proposed changes to how banks are regulated, warning that the new proposals could negatively impact the economy at a time of geopolitical turmoil and inflation. Whereas in previous years the bank CEOs used …
NEW YORK — JPMorgan CEO Jamie Dimon said the U.S. and the banking industry should amend regulations following the collapse of Silicon Valley Bank and Signature Bank last month, saying that the financial system needs to be adjusted so that one bank’s failure does not “cause undue panic and financial harm.” The comments, made in Dimon’s letter to JPMorgan Chase …
