Brad Garlinghouse said JPMorgan CEO Jamie Dimon opposed the Clarity Act to protect the bank’s payments business. According to NS3.AI, Garlinghouse said that business generates $20 billion in revenue and more than $5 billion in profit.
Garlinghouse also disputed Dimon’s stated compliance rationale for opposing the legislation, saying the claim was either an intentional misrepresentation or highly negligent.
Brad Garlinghouse: Jamie Dimon Opposed the Clarity Act to Protect JPMorgan’s Payments Business
2026-06-21 04:29:13
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