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Monday, September 30, 2013

The chief executives of large banks including Goldman Sachs Group Inc. (GS) and JPMorgan Chase & Co. (JPM) will meet with President Barack Obama tomorrow as Wall Street urges Congress to end the budget stalemate in Washington.

http://www.bloomberg.com/news/2013-09-30/wall-street-leaders-to-meet-with-obama-as-budget-crisis-looms.html

"The chief executives of large banks including Goldman Sachs Group Inc. (GS) and JPMorgan Chase & Co. (JPM) will meet with President Barack Obama tomorrow as Wall Street urges Congress to end the budget stalemate in Washington.
The White House visit, confirmed by three people familiar with the schedule, was set up by the Financial Services Forum, a trade group representing the CEOs of the 19 largest banking and insurance firms. The executives are also set to meet with Treasury Secretary Jacob J. Lew and several lawmakers.
The CEOs plan to discuss the White House’s negotiations with Congress over funding the government and raising the U.S. debt ceiling, said the people, who spoke on condition of anonymity because details of the meeting were still being worked out.
Most of the forum’s CEO members, including Goldman Sachs CEO Lloyd Blankfein, JPMorgan’s Jamie Dimon, Citigroup Inc. (C)’s Michael Corbat, Deutsche Bank AG (DBK)’s Anshu Jain and Bank of America Corp.’s Brian Moynihan, are expected to attend, one of the people said.
A White House official who spoke on condition of anonymity confirmed the meeting and said the group would also discuss a broad array of economic issues. Laena Fallon, a spokeswoman for the forum, declined to comment."


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