During a virtual address at the World Economic Forum in Davos, Switzerland, former President Donald Trump accused Bank of America CEO Brian Moynihan of de-banking conservatives. In a discussion that shifted from economic plans to allegations of discrimination, Trump emphasized the impact of his executive orders on job creation and inflation control. He also discussed his administration's tax reforms aimed at bringing corporate tax rates down from 21% to 15%. This accusation was influenced by previous warnings from Republican attorneys general about Bank of America’s alleged practices against conservative clients.
During a speech at the World Economic Forum, Trump accused Bank of America's CEO of de-banking conservatives while discussing his economic plans for a second term.
Trump argued that his executive orders would boost job creation and reduce inflation, highlighting his administration's efforts to lower corporate tax rates substantially.
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