Full Committee Hearing

Annual Oversight of the Nation’s Largest Banks

Date:   Thursday, September 22, 2022 Time:   09:30 AM Location:   Hart Senate Office Building 216

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Topic

THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in OPEN SESSION, HYBRID FORMAT to conduct a hearing on “Annual Oversight of the Nation’s Largest Banks.” The witnesses will be: Mr. Charles W. Scharf, CEO and President of Wells Fargo & Company; Mr. Brian Thomas Moynihan, Chairman and CEO of Bank of America; Mr. Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co.; Ms. Jane Fraser, CEO of Citigroup; Mr. William H. Rogers Jr., Chairman and CEO of Truist Financial Corporation; Mr. Andy Cecere, Chairman, President, and CEO of U.S. Bancorp; Mr. William S. Demchak, Chairman, President, and CEO of The PNC Financial Services Group.

Pursuant to guidance from the CDC and OAP, Senate office buildings are not open to the public other than official business visitors and credentialed press at this time. Accordingly, in-person visitors cannot be accommodated at this briefing. We encourage the public to utilize the Committee’s livestream of the hearing, available on the website at http://www.banking.senate.gov.

All hearings are webcast live and will not be available until the hearing starts. Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact the committee clerk at 202-224-7391 at least three business days in advance of the hearing date.

Member Statements

  1. Chairman Sherrod Brown (D - OH)
  2. Ranking Member Patrick J. Toomey (R - PA)

Witnesses

  1. Mr. Charles W. Scharf
    CEO and President
    Wells Fargo & Company
  2. Mr. Brian Thomas Moynihan
    Chairman and CEO
    Bank of America
  3. Mr. Jamie Dimon
    Chairman and CEO
    JPMorgan Chase & Co.
  4. Ms. Jane Fraser
    CEO
    Citigroup
  5. Mr. William H. Rogers Jr.
    Chairman and CEO
    Truist Financial Corporation
  6. Mr. Andy Cecere
    Chairman, President, and CEO
    U.S. Bancorp
  7. Mr. William S. Demchak
    Chairman, President, and CEO
    The PNC Financial Services Group