• Latest
  • Trending
  • All
  • News
  • Business
  • Lifestyle
During a Wednesday Senate Banking Committee Hearing, Sen. John Kennedy made a joke referencing Alec Baldwin, causing JP Morgan Chase CEO Jamie Dimon, left, to laugh.

Bank CEO Can’t Help but Laugh When GOP Senator Cracks Alec Baldwin Joke During Hearing

December 8, 2023
‘Used To Be Number One’: Trump Looks To Break China’s Stranglehold Over Airwaves With ‘Big, Beautiful Bill’

‘Used To Be Number One’: Trump Looks To Break China’s Stranglehold Over Airwaves With ‘Big, Beautiful Bill’

May 27, 2025
Trump Admin Asks Supreme Court to Halt Order on Deportations to South Sudan

Trump Admin Asks Supreme Court to Halt Order on Deportations to South Sudan

May 27, 2025
Trump’s Approval Soars Among Hispanic Voters: Poll

Trump’s Approval Soars Among Hispanic Voters: Poll

May 27, 2025
‘Game Over’: Senate GOP Readies Sanction Push To Force Russia To Negotiating Table With Ukraine

‘Game Over’: Senate GOP Readies Sanction Push To Force Russia To Negotiating Table With Ukraine

May 27, 2025
Trump Admin Isn’t Turning A Blind Eye To States Who Dole Out Medicaid Benefits To Illegal Migrants

Trump Admin Isn’t Turning A Blind Eye To States Who Dole Out Medicaid Benefits To Illegal Migrants

May 27, 2025
Hegseth Has Good News For Military Families Trapped In Gov’t Schools

Hegseth Has Good News For Military Families Trapped In Gov’t Schools

May 27, 2025
Christians Demand Apology After Dem Mayor Condemns Pro-Life Group’s Event — Which Antifa Mob Disrupted

Christians Demand Apology After Dem Mayor Condemns Pro-Life Group’s Event — Which Antifa Mob Disrupted

May 27, 2025
AOC Doubles Down On Political Loser As Dems Seek To Ditch ‘Abolish ICE’ Bandwagon

AOC Doubles Down On Political Loser As Dems Seek To Ditch ‘Abolish ICE’ Bandwagon

May 27, 2025
Trump-Appointed Judge Deals Blow To Feds’ Plan To Nix Blue State Climate Toll Scheme

Trump-Appointed Judge Deals Blow To Feds’ Plan To Nix Blue State Climate Toll Scheme

May 27, 2025
Leo Terrell Serves Up Brutal Reminder For Harvard President About Student Visas

Leo Terrell Serves Up Brutal Reminder For Harvard President About Student Visas

May 27, 2025
Rick Scott Tells Charlie Kirk He Won’t Support Trump’s ‘Beautiful Bill’ In Present Form

Rick Scott Tells Charlie Kirk He Won’t Support Trump’s ‘Beautiful Bill’ In Present Form

May 27, 2025
NAN HAYWORTH: Don’t Count Mike Lawler Out After His SALT Stand

NAN HAYWORTH: Don’t Count Mike Lawler Out After His SALT Stand

May 27, 2025
  • Donald Trump
  • State of the Union
  • Elon Musk
  • Tariffs
  • Congress
  • Faith
  • Immigration
Tuesday, May 27, 2025
  • Login
IJR
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls
No Result
View All Result
IJR
No Result
View All Result
Home News

Bank CEO Can’t Help but Laugh When GOP Senator Cracks Alec Baldwin Joke During Hearing

by Western Journal
December 8, 2023 at 8:17 am
in News
250 2
0
During a Wednesday Senate Banking Committee Hearing, Sen. John Kennedy made a joke referencing Alec Baldwin, causing JP Morgan Chase CEO Jamie Dimon, left, to laugh.

During a Wednesday Senate Banking Committee Hearing, Sen. John Kennedy made a joke referencing Alec Baldwin, causing JP Morgan Chase CEO Jamie Dimon, left, to laugh. (Forbes Breaking News / YouTube screen shot)

491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Congressional banking oversight is serious business, but not so serious that Sen. John Kennedy could not find a moment to slip in a hilarious quip.

The Louisiana Republican was questioning the CEO’s of the largest U.S. banks on Wednesday during the Senate Banking Committee’s annual oversight hearing, according to a report by the Daily Caller.

During his questioning, he asked the panel if they found it “ironic” that the Federal Deposit Inusrance Corporation was advising them on how to manage their banks with new proposed regulations despite the FDIC having watched three other banks fail this year under its regulatory oversight.

He then directed his question and joke directly to famed CEO of JP Morgan Chase, Jamie Dimon.

“Mr. Dimon, don’t you find it ironic? The FDIC is now turning to you and saying, ‘You know our track record, which is blemished at the FDIC. Your bank isn’t broken, but we are going to tell you how to fix it.’ Do you find that ironic?” Kennedy began

“They’re going to tell you how to fix it based on standards put together by bureaucrats in Basel, Switzerland, not by the United States Congress,” he continued.

“Do you find it ironic that they’re telling you this and proposing this? Isn’t that kind of like being given gun safety advice by Alec Baldwin?”

After a pause, Dimon cracked a smile and laughed.

“Should I answer the question?” the CEO asked.

[firefly_embed]

[/firefly_embed]

Sen. Kennedy’s joke is a reference to actor Alec Baldwin’s 2021 on-set shooting incident that tragically killed cinematographer Halyna Hutchins.

She was fatally injured when the movie prop gun Baldwin had been using in the Western film, “Rust,” fired a live round and struck Hutchins.

In the video clip shared by Forbes, Sen. Kennedy also casts doubt on the credibility of the FDIC by referencing the recent reports of shocking workplace behavior occurring within the federal agency.

Based on investigative reporting by The Wall Street Journal, both current and former FDIC employees attested to a pervasive work culture of drinking, sexual harassment and lewd behavior.

As Kennedy noted, the proposed regulations under discussion are from an international body headquartered in Basel, Switzerland.

The Basel III regulations are not legally binding until formerly adopted by the U.S., however, as described by Investopedia.

The Bank CEO’s were unanimous in opposing the new Basel regulations, also referred to as Basel Endgame, claiming the required increase in capital requirements (money held within each bank) would drive up lending costs at a time when the economy is facing tough adjustments from inflation and rising interest rates, according to the Associated Press.


This article appeared originally on The Western Journal.

Tags: Banks and Financial InstitutionsCongressJohn KennedySenateU.S. Newsvideo
Do you like Sen. Kennedy?

Completing this poll entitles you to our news updates free of charge. You may opt out at anytime. You also agree to our Privacy Policy and Terms of Use.
Yes: 100% (20 Votes)
No: 0% (0 Votes)
Share196Tweet123
Western Journal

Western Journal

Advertisements

Top Stories June 10th
Top Stories June 7th
Top Stories June 6th
Top Stories June 3rd
Top Stories May 30th
Top Stories May 29th
Top Stories May 24th
Top Stories May 23rd
Top Stories May 21st
Top Stories May 17th

Join Over 6M Subscribers

We’re organizing an online community to elevate trusted voices on all sides so that you can be fully informed.





IJR

    Copyright © 2024 IJR

Trusted Voices On All Sides

  • About Us
  • GDPR Privacy Policy
  • Terms of Service
  • Editorial Standards & Corrections Policy
  • Subscribe to IJR

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls

    Copyright © 2024 IJR

Top Stories June 10th Top Stories June 7th Top Stories June 6th Top Stories June 3rd Top Stories May 30th Top Stories May 29th Top Stories May 24th Top Stories May 23rd Top Stories May 21st Top Stories May 17th