Key Republican: Jpmorgan $2b Loss Raises Questions

A key House Republican says the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control their risks. But Republican lawmakers rejected calls from Democrats for stricter regulation. Rep. Shelley Moore Capito, Republican chairman of the House Financial Services subcommittee, noted the loss during a hearing about how best to regulate banks big enough to bring down the broader financial system.

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  • Key Republican: JPMorgan $2B loss raises questions
    WASHINGTON (AP) — A key House Republican says the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control their risks. But Republican lawmakers rejected calls from Democrats for stricter regulation. Rep. Shelley Moore ...
    05/16/2012 - 6:41 pm | View Link
  • Key Republican: JPMorgan $2B loss raises questions
    WASHINGTON — A key House Republican on Wednesday said that the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control their risks. But Republican lawmakers rejected calls from Democrats for stricter oversight of Wall ...
    05/16/2012 - 1:37 pm | View Link
  • Key Republican: JPMorgan $2B loss raises questions
    WASHINGTON – A key House Republican says the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control their risks. But Republican lawmakers rejected calls from Democrats for stricter regulation. Rep. Shelley Moore ...
    05/16/2012 - 11:04 am | View Link
  • Key Republican: JPMorgan $2B loss raises questions
    WASHINGTON (AP) -- A key House Republican says the $2 billion trading loss at JPMorgan Chase raises critical questions about how banks control their risks. But Republican lawmakers rejected calls from Democrats for stricter regulation. Rep. Shelly Moore ...
    05/15/2012 - 1:40 pm | View Link
  • GOP in a box after JPMorgan botch
    Bob Corker, R-Tenn. A top-ranking Republican on the Senate Banking Committee, he called last Friday for a hearing on JPMorgan. He wants the panel to delve into the key question surrounding the JPMorgan loss: Was the hit based on a hedging transaction or ...
    05/15/2012 - 1:00 pm | View Link
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