2min chapter

Bloomberg Talks cover image

BofA's Moynihan on Consumer Spending, Fed, Regulation

Bloomberg Talks

CHAPTER

Navigating Political Change: Impacts on Banking and Regulation

This chapter examines the potential effects of Donald Trump's return to the presidency on Bank of America and the wider banking sector. It emphasizes the importance of balanced regulation to maintain accessibility and affordability in lending, while reflecting on the bank's historical navigation of political transitions.

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