January 23, 2025

President Donald Trump attacked Bank of America for failing to lend to conservatives during a sudden attack during a livestream speech to execs and elites in Davos.

The sudden blast came in an angry speech where Trump vowed to slap tariffs on countries that don’t manufacture inside the U.S. and demanded OPEC lower oil prices.

During a question-and-answer period, the bank’s CEO Brian Moynihan asked a softball question about how his executive orders would impact his push for economic growth and market growth.

Trump responded, then told him: ‘I hope you start opening your bank to conservatives … they don’t take conservative business.’

Moynihan didn’t respond to the substance of the president’s attack, instead saying: ‘We look forward to sponsoring the World Cup,’ one of several high-profile upcoming events in the U.S. that Trump is touting.

The exchange established Trump’s determination to dominate business policy, just as he sought to assert himself against other countries, once again talking about absorbing Canada as a U.S. state and threatening tough trade actions.

‘You will have to pay a tariff – differing amounts but a tariff,’ Trump told the gathering of heads of state and business bigwigs in the Swiss Alps.

Source: Trump warns world he will retaliate if nations don’t invest in U.S.

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