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

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…

IJR SyndicatedDec 8, 20233 min read

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,” 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.

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.