(The Center Square)—President Donald Trump confronted Bank of America boss Brian Moynihan in front of the entire world Thursday for not providing banking services to conservatives.
“I hope you start opening your bank to conservatives, because many conservatives complain that the banks are not allowing them to do business within the bank, and that included a place called Bank of America. … what you’re doing is wrong,” Trump said during a question and answer session with corporate leaders and CEOs, who were assembled on stage at the annual World Economic Forum in Davos, Switzerland.
Trump, who spoke by satellite to address the forum, suggested his predecessor – former President Joe Biden – was behind the effort.
“And I don’t know if the regulators mandated that because of Biden or what,” Trump continued, “But you and [JPMorgan CEO Jamie Dimon] and everybody – I hope you’re going to open your banks to conservatives, because what you’re doing is wrong.”
Moynihan didn’t address Trump’s remarks in his own comments, but congratulated Trump on the U.S. playing host to the World Cup in 2026. The World Cup is a FIFA international soccer championship. Bank of America is sponsoring the tournament.
The Center Square has reached out to Bank of America for comment.
Bank of America, based in Charlotte, North Carolina, is one of the world’s biggest financial institutions, serving about 69 million consumer and small business clients with 3,700 retail financial centers in the U.S.
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
