May 17, 2012
WASHINGTON -- Senator Tim Johnson (D-SD), Chairman of the Senate Banking Committee, released the following statement regarding the Committee’s upcoming oversight hearings.
"Earlier this week, I announced the Senate Banking Committee would continue its oversight of the implementation of Wall Street reform by holding additional hearings with key financial regulators. The first of these hearings will be held next Tuesday, May 22 and it will provide Banking Committee members the opportunity to hear from the SEC and CFTC. The second hearing will be held on Wednesday, June 6 with the Federal Reserve, FDIC, CFPB, and OCC as well as the Treasury Department. As part of these hearings, I have asked the appropriate regulators to be prepared to update the Committee on the recently reported trading loss by JPMorgan Chase.
“Over the past week, my staff and Ranking Member Shelby’s staff have jointly held briefings with regulators regarding the JPMorgan Chase trading loss, as well a briefing with the company itself. Our due diligence has made it clear that the Banking Committee should hear directly from JPMorgan Chase’s CEO Jamie Dimon, and following our two Wall Street reform oversight hearings I plan to invite him to testify. I encourage all of my colleagues on the Banking Committee to participate in these three critically important and timely hearings, so we can all better understand the facts.”
|May 30th||PRESIDENT SIGNS EXPORT-IMPORT BANK REAUTHORIZATION INTO LAW|
|May 22nd||JOHNSON STATEMENT ON DERIVATIVES REFORM HEARING|
|May 21st||JOHNSON, SHELBY PRAISE SENATE PASSAGE OF IRAN SANCTIONS LEGISLATION|
|May 17th||JOHNSON APPLAUDS SENATE CONFIRMATION OF FEDERAL RESERVE NOMINEES|
|May 15th||JOHNSON APPLAUDS PASSAGE OF EXPORT-IMPORT BANK REAUTHORIZATION|
|May 15th||JOHNSON TAKES TO SENATE FLOOR TO SUPPORT EX-IM REAUTHORIZATION|
|May 14th||CHAIRMAN JOHNSON ANNOUNCES ADDITIONAL WALL STREET REFORM IMPLEMENTATION HEARINGS|
|May 11th||JOHNSON REACTS TO J.P. MORGAN’S $2 BILLION TRADING LOSS|
|May 10th||JOHNSON CALLS FOR SWIFT PASSAGE OF THE BIPARTISAN EXPORT-IMPORT BANK REAUTHORIZATION ON THE SENATE FLOOR|
|May 8th||JOHNSON STATEMENT ON THE OPENING OF THE TRANSPORTATION CONFERENCE|
|May 8th||JOHNSON OPENING STATEMENT ON MORTGAGE REFINANCING HEARING|