‘What You’re Doing Is Wrong!’ Trump Accuses Bank of America CEO at Davos of ‘De-Banking’ Conservatives

President Donald Trump accused the CEO of Bank of America, Brian Moynihan, of “de-banking” conservatives seeking to use his company’s financial services on Thursday.

During a Thursday morning speech, Trump addressed the World Economic Forum in Davos, Switzerland virtually, with over 3,000 public private sector leaders in attendance. On stage at the forum, executives from around the globe asked Trump about his economic plans for his second term.

Moynihan asked Trump how he thinks his recent executive orders will impact the United States’ GDP and help bring down inflation for everyday goods. Trump vowed to bring “a lot of jobs” to the U.S. but eventually shifted the conversation to accuse Moynihan of discriminating against conservatives.

Back in April of last year, over a dozen Republican attorneys general warned Bank of America about their alleged practice of “de-banking” customers because of their religious or political views.

MOYNIHAN: So how do you think about the impact of all these orders and how fast they come out? And how are you going to balance them with that scorecard of being successful in both contain continuing GDP growth, bringing down inflation and also having a good stock price appreciation for the American citizen.

TRUMP: Well, I think it’s going to actually bring down inflation. It’s going to bring up jobs. We’re going to have a lot of jobs we are going to have a lot of companies moving in. You know, Brian, we’re at 21%. It was at 40% that I got it down to 21%, the corporate tax. And it was actually if you look at state and city, it was in many cases much higher than 40%. I got it down to 21%. And now we’re going to bring it down from 21 to 15%. If — there’s a big if — if you make your product in the U.S.. So we’re going to have the lowest, just about the lowest rate it’ll be the 21 is on the low side worldwide. The 15 is about as low as it gets. And by far the lowest of a large country, a large, you know, rich, powerful country by far, not even a contest. So we’re going to bring it down to 15% if you make your product in the USA. So that’s going to create a tremendous buzz. We’re also probably going back to the one year deduction where we deduct, you know, we did that originally and that was amazing what the impact that that had — the one year deduction which built up over a period of time and then it expires. But we’re going to go back to that when we do the renewal of the Trump tax plan. We have to get Democrats to approve it.

But, you know, if the Democrats didn’t approve it, I don’t know how they can survive with about a 45% tax increase because that’s what it would be. We’ve been working along with them pretty well. I think it’s very hard for a political group to say let’s charge people 45% more. So I think we’re in good shape, but we’re actually doing a reduction for business and small businesses where you’re going to bring it down to 15%, which is really something. And by the way, speaking of you and you’ve done a fantastic job, but I hope you start opening your bank to conservatives because many conservatives complain that the banks are not allowing them to do business within the bank. And that included a place called Bank of America —  they don’t take conservative business. And I don’t know if your regulators mandated that because of Biden or what, but you and Jamie and everybody, I hope you’re going to open your banks to conservatives because what you’re doing is wrong!

MOYNIHAN: Mr. President, I will say that your friend Gene said hello, told me, to tell you hello. And we look forward to sponsoring the World Cup when it comes both this summer for the club and next year. So thank you for getting that for the United States.

Watch the clip above via Fox News.