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JPMorgan CEO Helped Whip Votes for Budget Bill That Includes Deregulation for Wall Street
Chase CEO Jamie Dimon made calls to lawmakers on Thursday urging them
to support the “cromnibus” spending bill, House Financial Services
Committee ranking member Maxine Waters (D-Calif.) told reporters.
Dimon's involvement came amidst progressives enraged
that the House "cromnibus" included a provision that they said would
weaken Wall Street regulations.
"I think we got hurt when Jamie Dimon and the
president started to whip," Waters told reporters after the vote.
"That's when I think we lost some votes."
The Washington Post first reported news of Dimon's involvement in the negotiations.
The House voted to approve a $1.1 trillion bill
funding most of the government through September on a 219-206 vote.
Fifty-seven Democrats voted for the bill, while 139 Democrats --
including Waters -- opposed it.. . . .