Trump Confronts Bank Of America, JPMorgan CEOs Over Alleged Conservative Bias
CEO Brian Moynihan and JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon on Thursday at the World Economic Forum, alleging discrimination against conservative clients. Trump, addressing the audience via ...
Trump administration live updates: Trump issues executive orders to declassify assassination files on the Kennedys, MLK Jr.
Follow live updates and coverage on Trump's administration as the president addresses the World Economic Forum and the Senate ...
Trump takes aim at Fed in economic forum comments
In an address to the World Economic Forum in Switzerland, delivered via video link Thursday, President Donald Trump revisited his displeasure with the policy direction of the U.S. Federal Reserve that ...
American Banker1h
Bank group agrees with Trump 'diagnosis' of debanking
Greg Baer, head of the Bank Policy Institute, echoed the president's assertion that unchecked supervisors are urging banks to drop risky clients .
World Economic Forum 2025 Opens With Powerful Message
The 55 th Annual Meeting of the World Economic Forum opened this week with a powerful message and all-encompassing themes. Klaus Schwab, World Economic Forum Founder and Chairman of the Board of ...
Trump Says JPMorgan, Bank of America Won't Do Business With Conservatives
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 ...
American Banker1h
Bankers debate impact of AI, fintech on industry at Davos
Executives at JPMorgan Chase, BNY Mellon, Standard Chartered and Qatar Central Bank discussed whether AI will kill jobs and how to work with fintechs at the World Economic Forum annual meeting.
Bank of America responds publicly to Trump's Davos speech: 'We welcome conservatives'
President Donald Trump accused banks of discriminating against conservatives. JPMorgan Chase and Bank of America denied the debanking claims.
HR Dive3h
While Trump’s anti-DEI executive orders pile up, JPMorgan Chase CEO doesn’t flinch
In response to external attacks on DEI at big-name financial firms, JPMorgan Chase CEO and Chair Jamie Dimon had a few choice words regarding the activists: “Bring them on.” The comments were made ...
Costco successfully defends its diversity policies as other US companies scale theirs back
Costco has claimed victory in pushing back on a shareholder proposal that urges the wholesale club operator to conduct an ...
Stocks Hit a Record Amid Strong Earnings and Easing Inflation Concerns
Corporate earnings are coming in strong. Investors are also seeing the Trump administration take a less aggressive approach to tariffs than some had expected.
Trump calls out BofA’s Moynihan for blocking conservatives, Bloomberg reports
President Donald Trump delivered an unexpected critique of Bank of America (BAC) CEO Brian Moynihan, accusing the executive of restricting ...