#25 - Bank CEO Struggles to Defend Poverty-Level Pay
- Author
- International Scherick
- Published
- Mon 21 Jul 2025
- Episode Link
- https://share.transistor.fm/s/ebf999f9
This episode of Simulation Report examines Democratic Rep. Katie Porter’s confrontation with JPMorgan Chase CEO Jamie Dimon during a House Financial Services Committee hearing. Porter presented a fictional Chase bank teller named Patricia to illustrate how starting wages fail to cover basic living expenses. Dimon was unable to explain how such an employee could manage the resulting budget shortfall.
