President Trump has criticized Bank of America’s Brian Moynihan, telling him to stop blocking accounts of conservative clients. The bank denied the claim, stating its policies are based on business necessity, not politics. This comes amid growing backlash for banks that prioritize controversial industries like gun sales and energy practices over community needs.
Source: https://www.bloomberg.com/news/articles/2025-01-23/trump-surprises-davos-alleges-top-us-banks-reject-conservatives