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image credit: Chairman of the Joint Chiefs of Staff / Flickr

Senators, bank CEOs spar on Capitol Hill over compensation, voting rights

May 27, 2021

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For the first time since 2019, a panel of the nation’s most powerful bank CEOs testified at a congressional hearing Wednesday.

The virtual hearing started off with the CEOs of the nation’s six largest banks touting their pro-social efforts to support customers and small businesses amid the coronavirus pandemic — using their opening remarks to highlight their involvement in the Paycheck Protection Program (PPP) and outline new or ongoing commitments to diversity and green initiatives.

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