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.
Big Gov-Big Bank de-banking collusion sounds an awful lot like the Big Gov-Big Tech censorship collusion. And helps further demonstrate who amongst President Trump’s news buddies can be trusted and who can not.
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,
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 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 ...
JPMorgan Chase (JPM) CEO Jamie Dimon agrees that "debanking ... President Donald Trump confronted Bank of America (BAC) CEO Brian Moynihan at the World Economic Forum in Davos, Switzerland.
S.C., said the Trump administration will make an 'imminent' announcement about the future of the Consumer Financial Protection Bureau director very shortly that "we will be happy" with.
The Senate Banking Committee will hold a hearing next week to address concerns that some financial institutions cut off customers because of their political views, a practice known as “debanking.”
In response to activists’ anti-DEI efforts against his company, the JPMorgan Chase CEO said to “bring them on.”
“Big Bank CEOs can't wait for Trump….The banking industry has shown that it’s eager to usher in a new era under President-elect Donald Trump….In the words of JPMorgan Chase (JPM) CEO Jamie Dimon, bankers - regardless of who they voted for - were ‘dancing in the street’ following Trump’s election victory in November.”
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