Bank Honcho Declares ‘I Welcome Getting This Fixed’ After Trump Trashes Company for Rejecting Him

CNBC’s Andrew Ross Sorkin confronted Bank of America CEO Brian Moynihan with President Donald Trump’s complaint that he was rejected as a customer.

Moynihan joined Sorkin this week on CNBC’s Power Lunch shortly after Trump appeared on Squawk Box, where he blasted Bank of America and others he claimed have discriminated against conservatives.

“I have something that was not on my bingo card this morning, because we talked to President Trump on SquawkBox about this executive order that he’s planning around banks who he thinks discriminated against conservatives. And your name came up,” Sorkin told Moynihan in Aspen, Colorado.

The anchor cut to Trump’s own words from his Squawk Box interview where the president claimed he was personally rejected by Bank of America as a customer.

“What happens is, I call up Bank of America, routinely, because when I was president — this was after I got out, by the way — I call up Bank of America, routinely, and I speak to him, and I speak a couple of people, and they have zero interest.

“Brian was kissing my ass when I was president. And when I called him after I was president, to deposit a billion dollars plus and a lot of other things, more importantly to open accounts, and he said we can’t do it,” Trump said.

“I’m still trying to unsee some of the visuals that he created with his commentary,” Moynihan said.

The bank CEO then ranted about “rules” and “regulators” in banking that need to change, though he did not specifically address Trump’s claim about his phone call and rejection.

Moynihan said:

We should get these rules right. So our company, my colleagues’ companies, the industry has been working with the Treasury administration today in this administration trying to figure out how to get these roles balanced so that we’re not subject to this swinging back and forth and it’s after the fact look. So the president’s on the right issue. He asked me about it in Davos. We were there I asked me he talked about this morning and I welcome getting this fixed at the end of day. We bank 70 million consumers, more small business than anybody else, 12 million small business, more middle market companies. We bank everybody. But the reality is we want to make sure that the rules and regulations so cost decisions we made that then are looked at in the aftermath and dealt differently.

Watch above via CNBC.