Dimon, JPMorgan Chase Have History with Senate's Banking Panel

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Dimon, JPMorgan Chase Have History with Senate’s Banking Panel

Dimon, JPMorgan Chase Have History with Senate’s Banking Panel

Jaime Dimon has personally donated to many of the Senate Banking Committee members currently NOT grilling him:

 

Open Secrets-

JPMorgan Chase CEO Jamie Dimon is likely to face tough questions about his company’s multi-billion dollar trading losses when he steps in front of the Senate Banking Committee on Wednesday. Asking the questions will be a group of lawmakers who have histories with both Dimon and JPMorgan as a whole.

Dimon is at the center of the renewed debate over financial regulation; it’s an unusual position for the New York native, who was dubbed “Obama’s favorite banker”  by the New York Times and guided JPMorgan Chase mostly unscathed through the 2008 financial crisis.

Dimon has a long record of contributing to congressional candidates, primarily Democrats. In the 2012 election cycle he has given $6,800 to Democratic candidates and $4,500 to Republicans. Among the recipients are committee members Bob Corker (R-TN) and Mark Warner (D-VA). Dimon has also contributed to the top Republican and the top Democrat on the committee, though not for several years: both Richard Shelby (R-AL) and Chairman Tim Johnson (D-SD) received $2,000 from Dimon in 2008.

That campaign cycle was Dimon’s most significant as a donor. He gave the Democratic Senatorial Campaign Committee more than $55,000 dollars and sent thousands to multiple current members of the Banking Committee: Jack Reed (D-RI), Mike Crapo (R-ID) and Mark Warner (D-VA) each received $2,000.

[OPEN SECRETS]

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