Capitol Report: Big Bank CEOs to be grilled by Congress on drop in loans, diversity and ‘woke capitalism’

The CEOs of some of America’s largest banks will testify before the Senate Banking Committee on Wednesday, and the House Financial Services Committee Thursday, where they are expected to be challenged on a drop in lending over the past year, efforts to increase diversity and fight systemic racism and defend themselves against accusations of “woke capitalism,”

The CEOs of some of America’s largest banks will testify before the Senate Banking Committee on Wednesday, and the House Financial Services Committee Thursday, where they are expected to be challenged on a drop in lending over the past year, efforts to increase diversity and fight systemic racism and defend themselves against accusations of “woke capitalism,”