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JPMorgan’s Dimon and Citi’s Fraser get ready for Capitol Hill battle over banks’ capital buffers
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JPMorgan CEO to focus on beneficial role of banks, but will sound off on how inflation is hurting consumers and why higher capital requirements for banks harm the economy
JPMorgan CEO Jamie Dimon will focus the bulk of his prepared remarks in Congress this week on the bank's positive role in the US economy and the threat of inflation, but will spend some time criticising capital requirements for banks, according to his written testimony.
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