In response to President Trump telling BofA CEO Brian Moynihan to "open the bank up to conservatives" amid allegations of political de-banking, the firm shared this statement: "We serve more than 70 million clients, we welcome conservatives and have no political litmus test." - ThreadSky

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lesliepicker.bsky.social • 45 days ago

In response to President Trump telling BofA CEO Brian Moynihan to "open the bank up to conservatives" amid allegations of political de-banking, the firm shared this statement:

"We serve more than 70 million clients, we welcome conservatives and have no political litmus test."

Comments

gobearcats.bsky.social•45 days ago

Trump must have been denied a loan from BofA years ago when he had to go crying to the Russians for a bailout.

lesliepicker.bsky.social•45 days ago

And here's the response from JPMorgan:

"We have never and would never close an account for political reasons, full stop. We follow the law and guidance from our regulators and have long said there are problems with the current framework Washington must address...." /1

lesliepicker.bsky.social•45 days ago

"...We welcome the opportunity to work with the new Administration and Congress on ways to remove regulatory ambiguity while maintaining our country’s ability to address financial crime." /2

nycecl76.bsky.social•45 days ago

They are so afraid of their new master

bekindhere.bsky.social•45 days ago

His silence in responding was deafening. Either the statement was true or he made a political decision to get into Trump’s good graces. A statement afterwards is pretty worthless versus what he did in front of business leaders.

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