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Senate Testimony

All articles tagged with #senate testimony

politics2 years ago

"Jelly Roll Testifies Before Congress on Fentanyl Crisis"

Former drug dealer turned Grammy nominee, Jelly Roll, testified before the United States Senate's Committee on Banking, Housing and Urban Affairs, speaking passionately against the fentanyl epidemic and advocating for legislative solutions to stem its sales and abuse. He shared his personal journey from incarceration to music stardom and urged policymakers to prioritize understanding the root causes of drug addiction over stigmatizing drug addicts. This comes as Jelly Roll's rising fame extends to Capitol Hill, with a Grammy nomination and advocacy for affordable healthcare.

finance2 years ago

Bank CEOs Testify Against Proposed US Regulations

Jamie Dimon, CEO of JPMorgan Chase, criticized proposed US bank rules during his Senate testimony, arguing that they could harm the financial industry. Dimon expressed concerns about the potential impact on lending and liquidity, stating that excessive regulations could hinder economic growth. He called for a balanced approach to regulation that promotes safety and soundness while allowing banks to support the economy.

business2 years ago

Starbucks' new CEO takes over early amidst Senate testimony.

Former interim CEO of Starbucks, Howard Schultz, is stepping down from his position earlier than expected, just days before he is set to testify in front of a Senate committee examining the coffee giant’s treatment of union organizing efforts. Laxman Narasimhan, who was selected as the incoming chief of the company in September, is taking over for Schultz immediately. Schultz agreed to testify after the company rebuked Sen. Bernie Sanders's request for the interim CEO to speak to lawmakers.