Bank of America CEO Brian Moynihan joins ‘Mornings with Maria’ to warn stablecoin legislation could hurt small business lending while discussing America 250 initiatives and the outlook for the U.S. economy.
Bank of America CEO Brian Moynihan offers his exclusive perspective on the state of the U.S. economy, noting accelerated consumer spending and strong deposit growth. He explains why his firm predicts three Fed rate hikes and shares concerns about the Clarity Act’s implications for community banks. Moynihan also details Bank of America’s initiatives for America’s 250th anniversary, including free museum access for cardholders.