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 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 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,
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 Trump’s accusation that Bank of America’ dropped conservatives as clients serves as a reminder C.E.O.s may face unexpected attacks by the White House.
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.
Expectations for a pro-business climate under the incoming Trump administration has lifted the spirits of major bank executives.
President Trump just put Bank of America and JPMorgan Chase on notice over allegations that the banks have shuttered accounts and denied customers over their political beliefs.
President Trump threw a curveball to Bank of America CEO Brian Moynihan after his Thursday ... that because of Biden or what but you and Jamie [Dimon] and everybody… I hope you open your banks ...
Wall Street is finally warming up to crypto, thanks to President Donald Trump’s aggressive push to boost the industry, especially after Jan. 23rd’s executive
James Comer is investigating cases of the federal government and financial institutions debanking cryptocurrency firms.
Chopra is a somewhat surprising person from the Biden administration to keep his job so far. Republicans have long been opponents of the CFPB as an agency.