President Donald Trump on Thursday criticized Bank of America CEO Brian Moynihan during a virtual speech at the World Economic Forum (WEF) in Switzerland, saying the company had stolen conservatives' bank accounts. He strongly criticized the claim that it had been abolished.
Trump's comments on Klaus Schwab's WEF came in response to a question from Moynihan about a series of executive orders.
“By the way, speaking of you, you did a great job, but you did a great job because a lot of conservatives are complaining about banks not allowing transactions within their banks. , I hope they start opening up banks to conservatives, a place called Bank of America,” President Trump said.
“They don't value conservative business,” Trump added, saying the message also applied to JPMorgan Chase CEO Jamie Dimon. “And I don't know if regulators mandated it because of Biden or what, but I hope you and Jamie and all of you open up your banks to conservatives. Because Because what you guys are doing is wrong.”
Moynihan did not address Trump's claims that Bank of America was shutting down conservative banks, instead thanking him for securing the 2026 World Cup in the United States. .
“Mr. President, your friend Gianni said 'hello' to me. We look forward to being a sponsor for the club this summer and next year's World Cup.” So for the United States. Thank you for getting it to me,” he said.
Participants listen to President Donald Trump's speech at the 55th World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, January 23, 2025. (Khalil Sagilkaya/Anadolu via Getty Images)
President Trump responded, “Thank you so much, Brian.”
In April, a coalition of 15 state attorneys general sent a letter to Moynihan regarding allegations that the company may discriminate against Christians.
“Unfortunately, Bank of America does not condition access to its services on customers who hold the bank's preferred religious or political views,” Kansas Attorney General Kris Kobach wrote in a letter to Moynihan. It seems like there is.”
Bank of America denied the claims.
A company representative said, “Religious beliefs are not a factor in financial decisions.'' daily mail. “We are proud to provide banking services to nonprofit organizations in diverse faith communities across the United States.”
