President Donald Trump has accused Bank of America and JPMorgan Chase CEOs of refusing to serve conservatives, a claim the companies deny. Trump cited complaints from conservatives about being denied banking services, but Bank of America and JPMorgan Chase insist they serve all clients without political bias. This accusation revives a 2024 campaign talking point and echoes allegations from state attorneys general last year.
President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of refusing to serve conservatives.The accusations may have roots in allegations from state attorneys general last year.
Moynihan, who was among a few executives selected to ask the president questions during the Q&A, didn't immediately respond to the accusation."We serve more than 70 million clients, we welcome conservatives and have no political litmus test," a Bank of America official said in an email. As recently as October, Trump singled out Bank of America, repeating claims that it discriminates against conservatives.
In a May letter in response to Kobach, Bank of America said accounts are de-banked for reasons including a change of stated purpose of the account, the expected level or type of activity on the account, or failure to verify certain documentation required by law.
DONALD TRUMP CONSERVATIVES BANK OF AMERICA JPMORGAN CHASE DISCRIMINATION POLITICS
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