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Jonice Gray Tucker quoted in Bloomberg article, “Wall Street plan for angry lawmakers: Let Jamie Dimon take over”

Bloomberg

Jonice Gray Tucker

Jonice Gray Tucker was quoted on April 9, 2019 in a Bloomberg article, “Wall Street plan for angry lawmakers: Let Jamie Dimon take over,” which discussed an April 10th hearing before the House Financial Services Committee and the tough question that followed for banks and their CEOs. The article stated, “The April 10 hearing has consumed big banks’ lobbying and public relations operations for weeks. They’ve compiled thick briefing binders on issues like small business lending and minority hiring, readied responses to pointed questions about pay and inequality, and conducted so-called murder boards -- practice sessions where chief executive officers are cross-examined by a team pretending to be hostile members of Congress. But even with the extensive preparations, few predict that the executives will come out unscathed. An anti-Wall Street sentiment runs through the Democrats now in control of the financial services panel, particularly among a group of newly-elected progressives who are pulling the party to the left.”

Tucker noted, “Bulletproof vests covered with fire-retardant suits may not protect the banks. It’s just a question, unfortunately, of how much scrutiny and how bad it is.’’

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