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      Sen. Elizabeth Warren (D-Mass.) speaks during a Senate Finance Committee hearing on February 23, 2021 in Washington, D.C.

      Warren Shames Chase's Dimon, Other Big Bank CEOs for Charging Overdraft Fees During Pandemic

      "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 are in the middle of a worldwide crisis."

      Jessica Corbett
      May 26, 2021

      Sen. Elizabeth Warren on Wednesday publicly shamed JPMorgan Chase CEO Jamie Dimon and three other big bank chief executives for raking in a collective $4 billion from overdraft fees during the coronavirus pandemic.

      "Will any of you agree to refund the overdraft fees that you collected? ...I didn't think so."
      --Sen. Elizabeth Warren

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      Elizabeth Warren
      As Economic Suffering Grips Regular Americans, Wall Street Behemoths Ready Feast of Stock Buybacks

      As Economic Suffering Grips Regular Americans, Wall Street Behemoths Ready Feast of Stock Buybacks

      "We're going to be aggressively buying back, and consistently," said Morgan Stanley chief executive James Gorman.

      Andrea Germanos
      Jan 21, 2021

      For millions of regular Americans, the end of 2020 was marked by economic distress, with millions suffering pandemic-triggered job losses--and thus the loss of their employer-tied health insurance--still waiting on robust economic relief from federal lawmakers, and facing a weak social safety net.

      For the nation's biggest banks, however, the year closed out with reason for celebration, and they're looking to take advantage of the banner year with a feast of stock buybacks.

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