Democratic Congressman Asks Bank CEOs Whether Their Successor Will Be a Woman or a Person of Color, and Their Response Was Painfully Predictable

Screenshot, C-SPAN

How many CEOs of the country's largest financial institutions think their successors will be women or people of color? If you guessed "none," you'd be right.

CEOs from the largest U.S. banking institutions, including JP Morgan Chase and Bank of America, testified before the House Financial Services Committee today at a hearing called "Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 Years After the Financial Crisis." Looking at the row of panelists, Rep. Al Green had a question.


"The eye would perceive that the seven of you have something in common," Green said. "You appear to be white men."

Then he very politely went for the jugular. "If you believe that your likely successor will be a woman or a person of color, would you kindly extend a hand into the air."

Not a single megabank CEO raised his hand.

"All white men, and none of you, not one, appears to believe that your successor will be a female or a person of color," said Green.

When asked whether those banks might have a woman or a person of color in the next decade, five of the panelists raised their hands. So that's something.

Jamie Dimon of JPMorgan Chase & Co. and Morgan Stanley’s James Gorman were the only two panelists who did not believe they might have a woman or a person of color as CEO in the next ten years.

"I know it's difficult to go on the record sometimes," Green said, "but the record has to be made."

Now that's holding megabanks accountable.

Mark Wilson/Getty Images

Questions continue to be raised about the mental and physical health of President Donald Trump.

Slurred or rambling speech has been caught on camera at MAGA rallies and other presidential events.

Keep reading... Show less
Fox News

The House Judiciary Committee voted Friday morning to bring abuse of power and obstruction of Congress articles of impeachment against President Donald Trump to the House floor for a full vote.

The Democratic House is expected to vote in favor of the articles as well, officially impeaching Trump and putting him on trial in the Republican Senate.

Senate Majority Leader Mitch McConnell (R-KY) is already sparking concerns about the trial's fairness with comments he made Thursday night on far-Right Fox News host Sean Hannity's show.

Keep reading... Show less
MANDEL NGAN/AFP via Getty Images // Win McNamee/Getty Images

South Bend Mayor and 2020 presidential candidate Pete Buttigieg got an awkward shoutout from President Donald Trump, who's nicknamed the candidate "Alfred E. Neuman" after the Mad Magazine character.

It happened at the President's recent rally in Hershey, Pennsylvania.

Keep reading... Show less
Mark Wilson/Getty Images // DC Comics

"Introduce a little anarchy. Upset the established order, and everything becomes chaos. I'm an agent of chaos..."

Heath Ledger's Joker says this in 2008's The Dark Knight but it could also apply to the presidency of Donald Trump. From defying subpoenas, introducing sweeping policy changes to his own staff through tweets, fostering a revolving-door administration, abruptly deserting allies, and, of course, the ceaseless bullying.

The President and the Clown Prince of Crime have both been agents of some degree of chaos.

So it may not come as a surprise that the Joker joins the campaign of a Trump-like character in the latest issue of Dark Knight Returns: The Golden Child.

Keep reading... Show less
Chip Somodevilla/Getty Images

The House Judiciary Committee is expected to vote in favor of articles of impeachment against President Donald Trump on Friday, teeing up a full House vote for next week.

The move comes after weeks of hearings with Republicans shouting in defense of the President and against the efforts to hold him accountable for soliciting foreign assistance in an election.

Keep reading... Show less
Brendan Smialowski/AFP via Getty Images; Matthew Horwood/Getty Images

Former Secretary of State Hillary Clinton has some experience with impeachment. While her husband Bill was President, the Independent Counsel investigation led by Ken Starr probed every aspect of her life before and during her time in the White House as well as her husbands.

While Starr failed to find any criminal wrongdoing by the First Lady, he did after his four year investigation discover her husband's extramarital affair with a White House intern.

Keep reading... Show less