by Timothy Nerozzi at Fox Business
JPMorgan Chase CEO Jamie Dimon spoke out against the current trend in environmental regulation and energy investment.
Dimon was called, alongside other big-bank executives, before the House Financial Services Committee on Wednesday.
JPMORGAN’S JAMIE DIMON ISSUES GRIM WARNING ABOUT ECONOMIC RISKS
Dimon — asked for his analysis of modern energy investments into older forms of power including coal and gas — said the US is not on the right path.
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., during a House Financial Services Committee hearing in Washington, D.C., Wednesday, Sept. 21, 2022. (Al Drago/Bloomberg via Getty Images / Getty Images)
“We aren’t getting this one right. The world needs 100 million barrels effectively of oil and gas every day. And we need it for 10 years,” Dimon said…
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