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The Editors

Five Questions for Jamie Dimon

Jamie Dimon’s appearance on Capitol Hill today is a sad occasion: A top bank executive explaining how his company’s bets went bad while lawmakers grasp for ways to fix the system.

It’s been four years since the 2008 financial crisis and signs of progress are hard to find. Trading mistakes at big deposit-taking banks can still threaten the economy, and regulators still can’t do much about it, as JPMorgan Chase & Co.’s $2 billion-plus blunder demonstrates. Efforts in Congress to gut regulatory-agency budgets and weaken new financial rules aren’t encouraging.