Free Republic

The NYC Partnership threw a party — but no one really showed up. A who’s who of the New York City business community were no shows for a Tuesday meet and greet session with socialist democratic mayoral nominee Zohran Mamdani. The list of New York City-based CEOs that declined the Partnership’s invitation includes Jamie Dimon, the nation’s top banker and chief of JP Morgan, the nations largest bank; Steve Schwarzman, the CEO of private equity powerhouse Blackstone; Brian Moynihan, the head of Bank of America, the nations second largest bank; Larry Fink, the CEO of Blackrock, the worlds largest asset...

By debanking conservatives, JPMorgan and Bank of America may be “debanking” themselves, On The Money has learned. It all stems from a raft of bad publicity that began with President Trump’s statements in Davos a couple of weeks ago, accusing the nation’s No. 1 and No. 2 banks of canceling accounts of conservatives. It continued with Wednesday’s Senate Banking Committee hearing on the matter. The result: Some customers began to flee the big guys, and at least one beneficiary has been to a small online bank that is beginning to make a name for itself in conservative circles by claiming...

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...

Famously 'woke' Bank of America has been on the hot seat among a group of state attorneys general, who've demanded information about whom it debanks and why, charging that they target conservatives and faith communities. According to Fox News: Over a dozen Republican attorneys general are warning a major U.S. bank against alleged practices of "de-banking" certain customers because of their religious or political views. In a letter obtained exclusively by Fox News Digital, Kansas Attorney General Kris Kobach, along with 14 of his Republican colleagues told Bank of America CEO Brian T. Moynihan that the company "appears to be...

Legislators in Republican-led states want to know why Bank of America continues to de-bank Christians and conservative groups. In a letter led by Kansas Attorney General Kris Kobach, the dozen some-odd “red” states asked the financial institution to release all documents related to its account cancellation policies. The letter also petitions Bank of America to update its terms of service to prohibit discrimination against clients based on their political or religious affiliation. The issue came to a head after it was revealed that Bank of America sent the FBI and the U.S. Treasury private consumer financial data to help the...

Aug 12 (Reuters) - Bank of America Chief Executive Brian Moynihan met privately this week with Treasury Secretary Timothy Geithner and Federal Reserve governor Daniel Tarullo amid the campaign to calm investors and employees about the bank's share price fall, the Wall Street Journal reported. The separate meetings took place on Wednesday in Washington, the WSJ said, citing people familiar with the situation. The intent of the meetings with the two top federal officials was for Moynihan to discuss issues related to housing, consumer spending and the U.S. economy, two people familiar with the meetings told the Journal.