"Jamie Dimon gets kid-glove treatment from Senators," the front-page headline in Politico screamed after the JPMorgan Chase CEO testified and was questioned by the Senate Banking Committee late last week.

Fast forward to this week. Politico's Kate Nocera and other Beltway scolds are warning the House Financial Services Committee not to give Dimon such "kid glove" treatment when he testifies in the other chamber Tuesday.

But the real story from last week's testimony was not the lack of scrutiny for Dimon. There were plenty of tough, but still polite, questions for him. What really made the pro-big government elites foam at the mouth was that, for once, government spending and regulation did not get the kid gloves.

Thanks to questions from South Carolina Republican Sen. Jim DeMint, and others, who shifted the subject to big-picture topics and flawed government policies such as the Dodd-Frank financial "reform," the hearing is actually a model for Tuesday's event and for future economic hearings.