Jamie Dimon attacks shutdown of oil and gas production in the United States


JPMorgan Chase CEO Jamie Dimon said curbing new oil and gas production “would be the way to hell for America” ​​after Rep. Rashida Tlaib called on him to divest oil.

Part of the congressional hearing focused on production from oil and gas companies.
TANNEN MAURY/EPA-EFE/Shutterstock

Dimon’s comments came during a House hearing in which the far-left Michigan Democrat asked him and other bank executives if they would commit to no longer investing funds in oil and gas companies to slow climate change.

“Please answer with a simple yes or no, does your bank have a policy against financing new oil and gas products?” Tlaib asked, with Dimon first.

“Absolutely not and that would be the road to hell for America,” Dimon replied.

Tlaib then slammed JPMorgan-Chase and returned to criticism Dimon leveled at President Joe Biden’s plan to forgive up to $20,000 in student debt during the hearing. She encouraged people to cancel their accounts with the big bank.

“Sir, you know what, everyone who got student loan relief — has a bank account with your bank — should probably open their account and close their account,” Tlaib said irritably.

“The fact that you’re not even here to help relieve a lot of people who are in debt, extremely in debt, because of student debt and you’re here to criticize it,” Tlaib said before moving on to the next leader of the bank. on the panel, Citi CEO Jane Fraser, who offered a more diplomatic response.



New York Post

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