JPMorgan Chase CEO Jamie Dimon says looser rules did not cause recent bank failures

JPMorgan Chase & Co. CEO Jamie Dimon said a rollback of banking regulations during the Trump administration was not to blame for the recent U.S. bank failures, in part two of an interview with CNN.

Dimon said U.S. senators that have pointed to the lighter regulation for smaller banks introduced in 2018 as a factor in the blow-up of Silicon Valley Bank and Signature Bank are mistaken.

“Those…