Democracy Now! June 14, 2012

June 14, 2012 from Democracy Now! via Creative Commons License BY-NC-ND

Protesters confronted JPMorgan Chase CEO Jamie Dimon on Wednesday as he testified on Capitol Hill about how his bank lost up to $3 billion in risky bets; lawmakers, however, gave him a warmer reception. A draft agreement leaked Wednesday shows the Obama administration is pushing a secretive trade agreement that could vastly expand corporate power and directly contradict a 2008 campaign promise. And a bipartisan dispute has emerged on Capitol Hill over how to investigate a series of national security leaks, including disclosures about President Obama's secret "kill list." Plus headlines, and more.

(more) (less)

In This Video

JPMorgan Chase

JPMorgan Chase & Co. is an American multinational banking and financial services holding company. It is the largest bank in the United States by assets, and as of 2012, it ranks as the second largest bank in the world by assets. It is a major provider of financial services, wi... Explore this topic

Democracy Now!

Democracy Now! is a United States daily progressive, nonprofit, independently syndicated program of news, analysis, and opinion, aired by more than 1000 radio, television, satellite and cable TV networks in North America. The award-winning one hour War and Peace Report is host... Explore this topic

United States Senate Committee on Banking Housing and Urban Affairs

The United States Senate Committee on Banking, Housing, and Urban Affairs has jurisdiction over matters related to banks and banking, price controls, deposit insurance, export promotion and controls, federal monetary policy, financial aid to commerce and industry, issuance of ... Explore this topic

Jamie Dimon

Mr. Dimon became Chairman of the Board of JPMorganChase on December 31, 2006, and has been Chief Executive Officer and President of JPMorgan Chase since December 31, 2005.He had been President and Chief Operating Officer since JPMorgan Chase s merger with Bank One Corporation ... Explore this topic

US Congress

The United States Congress is the bicameral legislature of the federal government of the United States consisting of two houses: the lower house known as the House of Representatives and the upper house known as the Senate. Congress meets in the Capitol in Washington, D.C. Bot... Explore this topic

United States

The United States of America, commonly called the United States or America, is a federal republic consisting of fifty states and a federal district. The lower forty-eight contiguous states and the federal district of Washington, D.C. are in central North America between Canada... Explore this topic

Capitol Hill

Capitol Hill, aside from being a metonym for the United States Congress, is the largest historic residential neighborhood in Washington D.C., stretching easterly in front of the United States Capitol along wide avenues. It is one of the oldest residential communities in Washin... Explore this topic

Barack Obama

Barack Hussein Obama II (/bəˈrɑːk huːˈseɪn oʊˈbɑːmə/; born August 4, 1961) is the 44th and current President of the United States. He is the first African American to hold the office. Obama served as a U.S. Senator representing the state of Illinois from January 2005 to Novemb... Explore this topic

Trade pact

A trade pact is a wide ranging tax, tariff and trade pact that often includes investment guarantees. The most common trade pacts are of the preferential and free trade types are concluded in order to reduce tariffs, quotas and other trade restrictions on items traded between t... Explore this topic

Election promise

An election promise is a promise made to the public by a politician who is trying to win an election. They have long been a central element of elections and remain so today. Election promises are also notable for often being broken once a politician is in office. Elections pro... Explore this topic

Also See

JPMorgan Chase

Jamie Dimon

United States Senate Committee on Banking Housing and Urban Affairs

Watch Next

18:42

JPMorgan Chase CEO Receives Warm Welcome from US Senators

Democracy Now! | Jun 14

Protesters confronted JPMorgan Chase CEO Jamie Dimon on Wednesday as he testified on Capitol Hill about how his bank lost up to $3 billion in risky...