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.
President Donald Trump accused banks of discriminating against conservatives. JPMorgan Chase and Bank of America denied the debanking claims.
The point of Donald Trump’s jab at Bank of America CEO Brian Moynihan was not just to dunk on one prominent financier. It was also a warning to every executive at Davos, and everyone watching the livestream around the world,
CEOs on the defensive after the President's comments at World Economic Forum Big U.S. banks found themselves on the defensive Thursday, with Bank of America saying it doesn’t have a “political litmus test” for clients after President Trump suggested that leading financial institutions weren’t letting conservatives do business with them.
The president revived Republican criticisms over purportedly politically motivated “debanking,” or closing of customer bank accounts.
While answering questions to the World Economic Forum in Davos, President Trump accused Bank of America and other banks of discriminating against conservatives. While answering a question from BofA CEO Brian Moynihan he made the accusation.
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.
I hope you start opening your bank to conservatives, because many conservatives complain that the banks are not allowing them to do business within the bank,” the 47th commander in
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 criticized Bank of America and JP Morgan Chase on Thursday, accusing them of discriminating against Conservatives.
Trump's virtual appearance at the World Economic Forum annual meeting in Davos was full of promises and threats.
President Trump threw a curveball to Bank of America CEO Brian Moynihan after his Thursday address at the World Economic Forum in Davos, Switzerland. The president alleged that BofA has refused business from conservative customers.