Brian Moynihan's response to debanking allegations by April 30, 2025
Denies allegations • 25%
Confirms allegations • 25%
No comment • 25%
Other response • 25%
Official statements from Brian Moynihan or major news outlets
Trump Accuses Bank of America and JPMorgan of 'Debanking' Conservatives at Davos
Jan 23, 2025, 05:04 PM
President Donald Trump, delivering a virtual address to the World Economic Forum in Davos on Thursday, publicly criticized Bank of America and JPMorgan Chase for allegedly denying services to conservative customers. During a Q&A session after his speech, Trump directly confronted Bank of America CEO Brian Moynihan, stating, "I hope you start opening your bank to conservatives because what you're doing is wrong." He accused the banks of "debanking" conservatives and suggested that their actions might be mandated by regulations from the Biden administration. Moynihan did not directly address the allegations, instead commenting on the upcoming World Cup being held in the United States. Trump's remarks highlight ongoing concerns from conservatives about discrimination by major financial institutions.
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Other resolution • 25%
Bank of America denies allegations • 25%
Bank of America admits and changes policies • 25%
No official stance taken • 25%
Other • 25%
Federal Reserve Chair • 25%
Treasury Secretary • 25%
President of the United States • 25%
Regulatory investigation launched • 25%
Other actions • 25%
No action taken • 25%
Fines imposed • 25%
No • 50%
Yes • 50%
Evidence of bank's independent decisions • 25%
Mixed findings • 25%
Evidence of government overreach • 25%
No evidence of wrongdoing • 25%
Yes • 50%
No • 50%
Proposals to enhance transparency • 25%
Proposals to regulate crypto banking • 25%
No proposals made • 25%
Proposals to limit government influence • 25%
Bank of America • 25%
Wells Fargo • 25%
Other • 25%
Chase • 25%
No • 50%
Yes • 50%
Only one stock increases • 25%
Both stocks increase • 25%
No significant change • 25%
Both stocks decrease • 25%