'There is no Patricia ... but in the other way, there are ... tens of thousands of Patricias out there.' RepKatiePorter discusses the numbers crunched and shared with JPMorgan CEO Jamie Dimon during a hearing in Washington.
The back-and-forth occurred during a House Financial Services Committee hearing featuring the CEOs of several major banks on Wednesday. Porter, a California Democrat, shared the story of a JPMorgan Chase employee -- making a fraction of what the company's top executives are paid -- who is running a $567 deficit each month because her salary is insufficient to cover basic expenses.
— Rep. Katie Porter April 10, 2019 Porter said Thursday that the bank teller she called"Patricia" during the hearing was actually a hypothetical person representing several stories of which her office had heard. During the hearing, Porter described a real job listing posted on the job-finding platform Monster.com for a JPMorgan Chase position in Irvine, Califonia, paying $16.50 an hour, saying,"now this bank teller, her name is Patricia. She has one child who's 6 years old.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Billionaire CEO Jamie Dimon: 7 simple rules to follow to be a successful bossBanking boss Jamie Dimon runs a company with more than 250,000 employees and a market cap of more than $340 billion.
Weiterlesen »
JPMorgan CEO Jamie Daimon is both inspired and worried by China's fintechIn reference to China's progress in AI and fintech, JPMorgan Chase CEO Jaime Daimon said, 'it's hard not to be both impressed and a little worried.'
Weiterlesen »
JPMorgan CEO Jamie Dimon Calls Student Loans 'Significant Issue'JPMorgan Chairman and CEO Jamie Dimon weighed in on student loans, which he called 'a significant issue'
Weiterlesen »
Warren Buffett says Wells Fargo's next CEO 'probably shouldn’t come from JPMorgan or Goldman Sachs'Warren Buffett, Wells Fargo's biggest shareholder, says the bank's next CEO shouldn't be a Wall Street executive.
Weiterlesen »
Katie Porter Stumps JPMorgan Chase's Jamie Dimon With Question About Employee's IncomeJPMorgan Chase CEO Jamie Dimon may know a lot about the financial industry,but he has a harder time understanding the money problems facing his ownemployees
Weiterlesen »
Robert Reich: Bankers love socialism—when it's the government giving them bailouts | OpinionJPMorgan Chase CEO Jamie Dimon warnd shareholders produces “stagnation, corruption and often worse.” He should know - his company benefited from it.
Weiterlesen »
Jamie Dimon: US 'absolutely' right to enter trade war, despite short-term economic tollJ.P. Morgan Chase CEO Jamie Dimon says there are 'serious issues' affecting global companies that need to be addressed.
Weiterlesen »
AOC and Wall St. CEOs to face off in what will be the stuff of high dramaTomorrow, CEOs of the nation’s largest banks — headlined by JPMorgan CEO Jamie Dimon — testify before the House Committee on Financial Services. That committee’s star member is Alexandria Ocasio-Cortez.
Weiterlesen »
Letters to shareholders: a guide for the busy CEOLeaders like JPMorgan CEO Jamie Dimon are enthusiastic recent adopters of the form mastered by Berkshire Hathaway’s Warren Buffett. But penning sweeping views of what ails the world and the dangers of short-termism takes time. Breakingviews offers a template for corporate chiefs.
Weiterlesen »