President Donald Trump publicly blasted Bank of America CEO Brian Moynihan at the World Economic Forum in Switzerland, accusing the financial giant of “debanking” his conservative supporters. Trump took Moynihan to task at Davos — the snooty Alpine talking shop for the self-styled global elite — over allegations that BofA cancelled the accounts of Christian activist groups,
President Donald Trump called out Bank of America CEO Brian Moynihan at the World Economic Forum, saying some conservatives complain the bank will not take their business.
Bank of America and JPMorgan Chase are denying that political affiliation has any bearing on the customers who do business at the banks after President Trump alleged at Davos that BofA had refused to do business with some conservatives.
The lender rebuffed allegations that it is less welcoming to conservatives after the president blindsided CEO Brian Moynihan with a barb during a Q&A session at the World Economic Forum in Davos, Switzerland.
President Donald Trump directly addressed Bank of America CEO Brian Moynihan during a virtual appearance Thursday at the World Economic Forum to tell him that "de-banking" conservatives is "wrong." Moynihan responded by thanking Trump for getting the FIFA World Cup to be hosted in the U.
The claim that big banks have closed accounts held by certain political or business customers gained new visibility this week when President Donald Trump confronted by name the CEOs of JPMorgan and Bank of America.
The Fed — led by Jerome Powell, who Trump first nominated — makes its borrowing costs decisions independent of the White House. Any sense of political interference in its interest rate decision-making process would roil financial markets.
President Donald Trump delivered an unexpected critique of Bank of America (BAC) CEO Brian Moynihan, accusing the executive of restricting
President Trump accused big U.S. banks of discriminating against conservatives today. Bank of America CEO Brian Moynihan was on a panel of executives questioning the president as he [videoed into the
DAVOS, Switzerland, Jan 21 (Reuters) - Bank of America (BAC.N), opens new tab Chief Executive Brian Moynihan on Tuesday welcomed economic ... Corporate executives and policy makers gathering at the World Economic Forum's annual meeting in Davos ...
Bank of America CEO Brian Moynihan praised President Trump's economic policies, viewing them positively for business growth. Moynihan highlighted the importance of managing U.S. debt and addressed potential impacts of Trump's immigration policies on banking.
President Donald Trump chewed out Bank of America CEO Brian Moynihan Thursday over the company’s alleged “debanking” of conservatives for