Donald Trump, in a fiery virtual address to global business leaders gathered in Davos, Switzerland, launched a sharp critique of Bank of America, accusing the financial institution of discrimination.
Speaking from Washington, D.C., the president accused major banks, including JPMorgan Chase, of blocking conservative businesses from accessing services, a claim the banks have denied.
Trump’s remarks came during a live-streamed session where Bank of America CEO Brian Moynihan posed a question about the impact of Trump’s executive orders on economic growth.
While initially praising Moynihan for doing a “fantastic job,” Trump quickly shifted tone, alleging that conservatives often find themselves sidelined by banks.
“I hope you start opening your bank to conservatives,” Trump said. “They don’t take conservative business.”
The accusation was met with silence from Moynihan, who sidestepped the issue entirely and instead highlighted Bank of America’s role as a sponsor for the upcoming World Cup.
Later, Bank of America spokesperson Bill Halldin refuted the claims, stating, “We serve more than 70 million clients. We welcome conservatives and have no political litmus test.”
