Big bank CEOs testify before Congress at oversight of Wall Street firms hearing — 12/6/23

CEOs of some of the nation's largest banks face the Senate Banking Committee for an annual check-in amid an uncertain regulatory environment. Witnesses testifying at the hearing include: Charlie Scharf, Wells Fargo president and CEO; Brian Moynihan, Bank of America chairman and CEO; Jamie Dimon, JPMorgan Chase & Co. chairman and CEO; Jane Fraser, Citigroup CEO; David Solomon, Goldman Sachs CEO; Robin Vince, BNY Mellon president and CEO; James Gorman, Morgan Stanley CEO; and Ronald O'Hanley, State Street CEO.

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Big bank CEOs testify before Congress at oversight of Wall Street firms hearing — 12/6/23

[thomasridley]

There is nothing wrong with making money. However when it becomes an unsustainable level of greed. Our entire future is in doubt.

[garcon]

Always entertaining to listen to Billionaire Bankers..

[KM-omdy]

Why do we put OUR money in a bank when bankers pay us measly 3% when they loan it back to our neighbor & friends at 8.5%??

The bankers didn't earn the right or privilege for us to freely give them OUR money. Not to mention why do some bank CEO's make $100M a year and charge us the "depositor's" ATM fees and over draft fees.

It's time we wake up and pull our money from banks and invest our money outside a US bank. The system is playing all of us.

[jefferyyounce]

I saw a cartoon about this, and it follows: While signing in for the committee meeting the man at the desk asked what the Banker's were signing when the sign in log was on the table. One Banker proudly answered, "Checks".

[SallyS-]

Senator Daines, embrace clean energy. Stop being a spokesperson for oil corporations. The planet is burning, and catastrophic flooding hurts businesses as well as ordinary Americans. Change your allegiance, Senator Daines. Do the right thing.

[rafaelferran]

This all sounds great, but who is holding our government responsible for careless spending and investment..

[GoogleIdentity]

Scott licking those boots in his monumental effort to get a lobbying gig in a few years.

[cbwkzss]

Pull money from Wells Fargo, Bank of America and Chase - they are not organizations that meet our community standards

[geeseylynn]

ALL YOU DO IS LISTEN TO EACH OTHER JABB!

[vcicjdj]

Thank you all understanding . Thank you, Sherrod Brown! .

[keatongroom]

I love Mr Kennedy, he's like a father scolding kids 😄. We need guys like that though

[fnwxghx]

And he tells me "oh well sorry luis at the moment i wouldnt be able to cash this check for you"

[fnwxghx]

So when i left the wells fargo atm booth i felt lied to so i messaged katherine telling her off that shes a liar and just burnt me. But she told me "why did i burn her and got the money from the check." But i didnt get no money out the booth just returned the check without no recipt either

[lastofxy]

Who else remembers 2008 when the banks were bailed out 🤣 🎉 if only people knew about fractional reserve banking 🤫

[cbwkzss]

Ask how much leveraged derivatives they have in silver and gold and whether they are manipulating the prices of Gold and Silver

[oeonjtl]

What's is this !!!!😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

[fnwxghx]

"That he'll have me thrown out" so i asked him with seriousness "oh yeah yoj going to throw me out?" And he corrects himself and rephrases himself "if you dont exit out the premises imma havrme to have you escorted out Luis".

[GregNow]

1:15:42 😂😂😂 after an hour of listening from guys who know what they are talking about how the business works and what can be done, some unqualified, educated as lawyer says, “ I don't think it will cost interruptions that you anticipate…” Hahaha then he says there are people borrowing at 36% because you are not banking them. Which likely would not qualify for a loan because the regulations that put procedures in those banks that likely would deam them as ineligiblefr a loan. Stupidity of statements and what's worst questions being asked is just shocking….

[fnwxghx]

They didnt even give me a case number or reached out back to me on me wantjng my full police report

[fnwxghx]

And that if the bank in there that opened it up wanted to close it tht they got the right to and if the closed my account that they are not obligated to tell me why either