But by exploiting certain loopholes and using aggressive interpretations, often without telling regulators beforehand, JPMorgan and its bank have been able to accumulate physical commodity holdings far in excess of the limits while claiming to stay under the limits.
Levin criticizes JPMorgan for exceeding regulatory limits through loopholes.
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I claim the time in opposition to this amendment. The Acting CHAIR. The gentleman is recognized for 5 minutes.
I would just point out that the grants in Title II do not have mandatory partners. They require partners to the extent practicable in a given situation. Mr. Speaker, I yield 1 minute to the gentleman from Indiana (Mr. Mrvan), a member of…
Woman, I rise in opposition to this amendment. The Acting Chair (Ms. Pingree). The gentleman is recognized for 5 minutes.
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