Permanent Subcommittee

Permanent Subcommittee News

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  Apple CEO Cook to Propose Tax Reform for Offshore Cash

  Apple Inc., which holds $102 billion in cash and investments outside the U.S., will suggest changes to corporate-tax laws to encourage companies to bring more cash into the country.

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  Apple Said to Be Subject of Senate Offshore Tax Hearing

  Apple Inc. will be the subject of a May 21 Senate hearing on U.S. companies’ offshore tax practices, said two people familiar with the inquiry.

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  IRS Focus on Tea Party Groups to Be Investigated by FBI

  Attorney General Eric Holder ordered a criminal investigation into the U.S. Internal Revenue Service’s targeting of small-government advocacy groups for extra scrutiny.

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  IRS ‘Mistakes’ Not From Partisanship, Acting Chief Says

  The acting commissioner of the Internal Revenue Service said the agency’s errors in targeting small-government groups stemmed from the lack of a “sufficient process” and weren’t the result of partisanship.

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  Investigation Sought Over IRS Scrutiny of Anti-Tax Groups

  The Internal Revenue Service, under pressure to regulate political spending by nonprofit groups, now faces investigations into its scrutiny of some organizations seeking nonprofit status.

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  BlackRock Vote on Dimon’s Future Highlights JPMorgan Link

  Bill Rubin, a senior investment analyst at BlackRock Inc. who picks financial-company stocks, didn’t mince words a year ago when he e-mailed JPMorgan Chase & Co. right after the bank disclosed a trading loss that ultimately cost more than $6.2 billion.

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  JPMorgan Should Replace Most of Board, Glass Lewis Says

  JPMorgan Chase & Co., the biggest U.S. bank, should oust most of its board and split Jamie Dimon’s dual roles as chairman and chief executive officer, shareholder advisory firm Glass Lewis & Co. said.

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  JPMorgan Investors Urged to Split Chairman Role, Oust Directors

  JPMorgan Chase & Co. should name an independent chairman and oust three directors, a shareholder advisory firm said, boosting pressure on the bank to overhaul its corporate governance after a $6.2 billion trading loss.

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  Here’s a Job JPMorgan’s Dimon Can Do Without

  In 2006, during Jamie Dimon’s first year as JPMorgan Chase & Co.’s chief executive officer, a proposal on the company’s proxy statement called for separating the bank’s CEO and chairman positions. It received 38 percent of the votes. And back then, JPMorgan already had someone else as its chairman: William Harrison, Dimon’s predecessor as CEO.

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  JPMorgan Names Zames Sole COO as Bisignano Joins First Data

  JPMorgan Chase & Co., the biggest U.S. bank, named Matt Zames sole chief operating officer as Frank Bisignano departed to become chief executive officer of First Data Corp.

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Related Topics

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  Jamie Dimon

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  California

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  Washington

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• Richardson Says JPM Too Profitable to Judge