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,
CEOs on the defensive after the President's comments at World Economic Forum Big U.S. banks found themselves on the defensive Thursday, with Bank of America saying it doesn’t have a “political litmus test” for clients after President Trump suggested that leading financial institutions weren’t letting conservatives do business with them.
U.S. President Donald Trump will virtually address the meeting of the World Economic Forum in Davos, Switzerland on Thursday at 11:00 a.m. EST. A special address followed by a dialogue with Donald J.
Bank of America pushed back on criticism from President Donald Trump and insistedthey “welcome conservatives.” But a post on social media insisting there has been no discrimination […]
President Donald Trump directly addressed Bank of America CEO Brian Moynihan during a virtual appearance Thursday at the World Economic Forum to tell him that "de-banking" conservatives is "wrong." Moynihan responded by thanking Trump for getting the FIFA World Cup to be hosted in the U.
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.
Trump's virtual appearance at the World Economic Forum annual meeting in Davos was full of promises and threats.
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.
Second-term Trump seems to have learned a thing or two since his first term, including the importance of having a little fun.
In 1965, President Lyndon Johnson issued Executive Order 11246 that brought America decades of “de facto racial quotas under the euphemism ‘affirmative action,’” Pepperdine University visiting professor Steven Hayward wrote in the New York Post. Just when America thought it would never go away, Hayward noted, Trump revoked it in his first week.
Trump set himself above the bank and energy executives on the panel, who groveled, flattered and praised him. But like every dictator, he speaks not only for himself but for a social class.