Elizabeth Warren was furious at the Senate banking committee hearing this May and her anger, not for the first time, was directed at Jamie Dimon, chief executive of JPMorgan Chase. Warren, a former Democratic presidential contender, accused Chase of being the biggest beneficiary of what she said were billions of dollars in overdraft fees charged by banks during the pandemic.
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“No matter how you spin it, this past year has shown that corporate profits are more important to your bank than offering just a little help to struggling families, even when we’re in the middle of a worldwide crisis,” the senator fumed, after Dimon flatly refused to refund the fees.
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