Trump Accuses Bank of America CEO of Discrimination at Davos

During a virtual address at the World Economic Forum in Davos, President Donald Trump publicly criticized Bank of America CEO Brian Moynihan for allegedly discriminating against conservative clients. Trump urged Moynihan and JPMorgan Chase CEO Jamie Dimon to 'open your banks to conservatives,' asserting that many conservatives feel excluded from banking services. In response, a Bank of America representative stated that they serve over 70 million clients without a political litmus test, while JPMorgan emphasized their adherence to regulations without closing accounts for political reasons. This accusation follows previous claims by Republican attorneys general regarding 'de-banking' practices targeting clients based on their political or religious views. Trump also took the opportunity to discuss potential economic policies, including lower corporate tax rates and tariffs for companies not manufacturing in the U.S. The controversial remarks drew attention amidst ongoing discussions about banking practices and political bias.