Dimon Urges Financial Regulation Review as GOP Eyes Debanking

JPMorgan Chase & Co.’s Jamie Dimon supports a restructuring of US financial regulators, saying Thursday on Capitol Hill that it was necessary to “look at the whole thing.”

Dimon, the bank’s chief executive officer, told reporters it’s time “to take a step back and look at all the rules and regulations put into place to create a better, safer, sounder more consumer friendly system that finances the growth of the United States.”

The bank executive’s comments come as the Trump administration has pushed to cut federal spending and reshape some federal agencies. He dismissed concerns ...