JPMorgan Chase CEO Jamie Dimon provided a blunt evaluation when requested a query by Rep. Rashida Tlaib Wednesday.
Rod Lamkey - CNP / MEGA
JPMorgan Chase CEO Jamie Dimon mentioned slamming the brakes on new oil and gasoline manufacturing “can be the highway to hell for America” after Rep. Rashida Tlaib requested him to divest in oil.
Dimon’s feedback got here throughout a Home listening to the place the far-left Michigan Democrat requested him and different prime financial institution execs if they might decide to not investing funds into oil and gasoline corporations to decelerate local weather change.
“Please reply with a easy sure or no, does your financial institution have a coverage towards funding new oil and gasoline merchandise,” Tlaib requested, with Dimon up first.
“Completely not and that will be the highway to hell for America,” Dimon shot again.
Tlaib then slammed JPMorgan-Chase and circled again to criticism Dimon leveled towards President Joe Biden’s plan to forgive as much as $20,000 in pupil debt through the listening to. She inspired folks to cancel their accounts with the most important financial institution.
“Sir, what, all people that obtained aid from pupil loans — has a checking account together with your financial institution — ought to in all probability take out their account and shut their account,” an irritated Tlaib mentioned.
“The truth that you’re not even there to assist relieve most of the of us which might be in debt, excessive debt, due to pupil mortgage debt and also you’re on the market criticizing it,” Tlaib mentioned earlier than transferring on to the subsequent financial institution govt on the panel, Citi CEO Jane Fraser, who provided a extra diplomatic response.
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