Rep. Rashida Tlaib (D-MI), while speaking to top bank CEOs during an Oversight of Banks committee meeting, embarrassed herself live on national television while attempting to push her radical climate change agenda.
She asked the oversight committee “Will you promise me right now not to fund any more future oil and gas projects?” All 7 CEOs said ‘NO’.
JP Morgan CEO Jamie Dimon was the first to immediately respond without hesitation, “Absolutely not and that would be the road to Hell for America.”
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Rep. Tlaib, visibly frustrated over the immediate answer, then tells Dimon that “everybody that got relief with student loans has a bank account with your bank should probably take out their account and close their account.” The Michigan representative was so embarrassed and furious with Dimon’s response that she could barely form her thoughts or get a complete coherent sentence out.
She then continued to go completely off topic and attempted to suggest that JP Morgan isn’t helping people in debt with financial relief.
“The fact that you’re not even there to help relieve many of the folks that are in debt, in extreme debt, and you’re out there criticizing it”, the highly emotional Tlaib told the JP Morgan CEO.
Tlaib proceeded to ask the other bankers their position, to which they all responded that they would continue to invest in oil and gas in addition to alternative energy projects.
Every single of the remaining bank CEOs followed Dimon’s stance with a resounding “NO” to the representative’s radical climate demands.
“We will continue to invest in and support clients who are investing in fossil fuels and in helping them transition to cleaner energies,” Jane Fraser, CEO of Citigroup said.
Brian Moynihan, CEO of Bank of America, echoed Fraser.
“We are helping our clients make a transition, and that means we’re lending to both oil and gas companies and to new energy companies and helping monitor their course towards the standards you’re talking about,” he said.
“These transitions take forty years, Joe. The move from coal to natural gas took forty years. They take a very, very, very long time. We can’t just flip a switch,” he told CNBC in an interview last month.
