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BofA CEO welcomes Trump's economic policies as 'good thing' for business

Bank of America Chief Executive Brian Moynihan on Tuesday welcomed economic policies announced by U.S. President Donald Trump since his inauguration as a "good thing" for business.
The article from Reuters discusses comments made by Bank of America CEO Brian Moynihan at the World Economic Forum in Davos, Switzerland, on January 21, 2025. Moynihan expressed a positive outlook on former President Donald Trump's economic policies, stating that they were beneficial for business. He highlighted that Trump's policies, which included tax cuts and deregulation, were seen as supportive of economic growth. Moynihan also noted that while there was uncertainty about future policy directions, the business community generally welcomed the stability and pro-business environment fostered by these policies. However, he emphasized the importance of a balanced approach that also considers social and environmental factors in policy-making.

Read the Full Reuters Article at:
[ https://www.reuters.com/markets/us/bofa-ceo-welcomes-trumps-economic-policies-good-thing-business-2025-01-21/ ]