Congresswoman Katie Porter grills billionaire CEO over pay disparity at JP Morgan

California Democratic congresswoman Katie Porter spelled out to JP Morgan's CEO, Jamie Dimon, the real-world implications of the low wages his bank pays its junior employees at a senate hearing on Wednesday. After running Dimon through the numbers, Porter found that a single mother on the bank's starting salary for a teller would be $567 in the red at the end of each month. Asked how a woman in that situation could get by, Dimon said, 'I don't know'

The Guardian YouTube network:

[mackmaloney]

As soon as he walked out of the room, he stopped thinking about it

[Amtm-]

Legend has it he’s still thinking about it

[sarahtaylor]

Well at one of his banks they replaced all the tellers with ATMs. So I guess he solved the problem by not making it his problem.

[jeromeschwartz]

“She may have my job one day.” Well, her rent is due at the end of the month. How does his comment about her having his job one day solve the woman’s immediate need?

[aiwritesmusic]

I'm from 2039. He's still thinking about it.

[BronzeEleven]

A bank CEO saying "she may have my job one day" in response to hearing about one of his employees living in poverty is the most absolute, triple distilled, purified encapsulation of capitalism I've ever seen or heard. Hemingway couldn't have written it better.

[Gamumee]

I am from the future. Before his death, he has been asked- "Are you happy with the way you have lived your life". His very last words were- "I don't know, I have to think about it"

[jackstape]

Imagine having to pay $1600 a month for a one bedroom apartment. California bro💀

[MrMojo]

I love how the most basic solution of raising her salary never even entered his mind.

[tisfaction]

He was about to say "Get a husband?", but then he remembered it isn't the 1950s anymore...

[navaryn]

she should've snapped and said "you are the CEO of JP Morgan, is there something that you actually know?"

[kjamgxp]

My wife just asked what I want to do for dinner " I don't know I have to think about it."

[jesserichardson]

Does anything ever change as a result of these hearing? Or just a bunch of cheap talk?

[IIIIALBYIIII]

Wife: can you do the dishes.

Jamie Dimon: I dont know got think about it.

[nicogs]

He knows the answer he just doesn’t want to say it.

[oscarbadillo]

I was going to write a comment, but I'm still thinking about it

[melissahuff]

The cost of living is getting too High for the average person . Average rent in Washington state is $1600 for something decent but not nice. Gallon of milk without chemical is $6. Think about it. If people’s wages continue to be stagnant, and the cost of living continues to rise, there will be another recession.

[larrydangus]

I don't know whether he's actually gonna think about it.

I'll have to think about it.

[attackfive]

I wish we had more Congresswomen like this lady.

[andresbautista]

1600 dollars for a one bedroom apartment...