New York CNN Business —JPMorgan Chase CEO Jamie Dimon testified on Capitol Hill Thursday for the second straight day.
Zelle, Warren said, has helped boost bank profits while “defrauding” customers out of at least half a billion dollars.
“Is that because you don’t keep track of when your customers report fraudulent Zelle transactions?
Last year, Warren called Dimon the “star of the overdraft show” and accused him of prioritizing profits over struggling Americans.
“Your bank, JPMorgan, collects more than seven times as much money in overdraft fees per account than your competitors,” she told him.