Reality Check: Congress and Banks Privatizing Profit and Social - WBTV 3 News, Weather, Sports, and Traffic for Charlotte, NC

Reality Check: Congress and banks privatizing profit and socializing risk

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By Ben Swann - bio | email

(FOX19) -

The Senate Banking Committee today ripped into Jamie Dimon, the head of JP Morgan, saying that his company put shareholders and the financial system at risk.

But isn't congress partially to blame for all the problems with the financial system because of a steps they took 12 years ago?

Ben has the reality check you won't see anywhere else.

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