Jamie Dimon, the embattled CEO of JPMorgan Chase, is set to testify before the Senate Banking Committee on June 7.
Sen. Tim Johnson (D-SD), chairman of the banking committee, said that the panel will question Dimon on his company’s recent trading losses of $2 billion.
“As these events have amply demonstrated – much to the dismay of those who endlessly seek to roll back this tough, new law – Wall Street continues to need better risk management, vigorous oversight and unyielding enforcement,” Johnson said in a statement.
