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Trump accuses Bank of America, JPM of not doing business with conservatives

  • President Donald Trump accused Bank of America and JPMorgan Chase of debanking conservative and religious groups due to their politics, as reported by the New York Times.
  • Both banks denied Trump's claims, stating they serve all clients without a political litmus test, according to Bank of America spokesperson Bill Halldin and JPMorgan representative Patricia Wexler.
  • Trump's comments at Davos served as a warning to corporate executives about not tolerating perceived slights against conservatives, as noted in the report.
  • The backlash against DEI initiatives has escalated under Trump, who signed executive orders to investigate these programs in publicly traded companies, according to the text.
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  • 53% of the sources lean Right
53% Right
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npr broke the news in Washington, United States on Thursday, January 23, 2025.
Sources are mostly out of United States (29)

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