Article: House Hearing: Only Jamie Dimon’s Microphone Mysteriously Malfunctions During Pivotal Questioning

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House Hearing: Only Jamie Dimon’s Microphone Mysteriously Malfunctions During Pivotal Questioning

Pam Martens and Russ Martens, 28 May 2021

CEOs from the six largest banks on Wall Street testified under oath yesterday before the House Financial Services Committee. But only one CEO, Jamie Dimon, had an ear-piercing electronic sound emanate from his microphone, which blocked out the sound of his voice, when he was asked key questions by two separate members of Congress.

The situation was so bizarre that Congressman Juan Vargas, a Democrat from California, said this about the episodes: “It reminded me of the movie ‘Young Frankenstein.’ Every time they said ‘Luther’ the horses would get scared. Every time they said ‘Jamie Dimon,’ the computers would get scared.”

The first episode occurred after Congressman Al Green, a Democrat from Texas, told Dimon that two of the banks previously purchased by JPMorgan Chase had used slaves as loan collateral and at one point, after calling in a loan, the bank actually owned 1,250 slaves. Green asked Dimon: “Will you atone in the form of recompense,” and “what will you do for your banks owning human beings…?” Continue reading “Article: House Hearing: Only Jamie Dimon’s Microphone Mysteriously Malfunctions During Pivotal Questioning”

Subject: Juan Vargas

Subject of Interest

Juan Carlos Vargas (D-CA) is a committee member of the 116th Congress U.S. House Committee on Financial Services. He is an American businessman and politician who has been the U.S. Representative for California’s 51st congressional district since 2013. Vargas previously served as a Democratic member in the California State Senate representing the 40th District, the California State Assembly representing the 79th district, and the San Diego City Council. He graduated from the University of San Diego (B.A.), Fordham University (M.A.), and Harvard University (J.D.).

Biography

U.S. House Banking Committee on Financial Services