Part of the congressional hearing focused on the production of natural gas and oil companies. TANNEN MAURY/EPA-EFE/Shutterstock Dimon’s comments came during a House hearing where the far-left Michigan Democrat asked him and other top bank executives if they would commit to no longer investing in oil and gas companies to slow climate change. “Please answer with a simple yes or no, does your bank have a policy against financing new oil and gas products,” Tlaib asked, leading to Dimon. “Absolutely not and that would be the road to hell for America,” Dimon replied. Tlaib then criticized JPMorgan-Chase and echoed Dimon’s criticism of President Joe Biden’s plan to forgive up to $20,000 in student debt during the hearing. He encouraged people to cancel their big bank accounts. “Sir, you know what, everybody who got student loan relief — they have a bank account at your bank — they should probably pull out and close their account,” said an exasperated Tlaib. “The fact that you’re not even there to help relieve a lot of the people who are in debt, too much debt, because of student loan debt and you’re out there criticizing it,” Tlaib said before moving on to the next bank executive. on the panel, Citi CEO Jane Fraser gave a more diplomatic response.
