Dos trump like bank of america

Trump's relationship with Bank of America has been complex. Here's a summary of the key points:

1. Tax Cuts and Jobs Act: Bank of America has benefited from the corporate tax cuts championed by President Trump. This has led to a favorable view of the bank from the administration.
2. Discrimination Allegations: The Trump administration has shelved investigations into discrimination and redlining at Bank of America and other banks, reflecting a broader relaxation of bank oversight during the Trump presidency. This has raised concerns about the impact on consumer protection.
3. Account Closures: Bank of America and USAA closed the accounts of John Eastman, a former attorney for Trump, without warning. Eastman alleges that this was due to his political affiliations, though the banks deny this, claiming it was due to their "Depository Agreement".
4. Lending Practices: Bank of America has been criticized for "de-banking" individuals targeted by political activism, a practice that involves financial institutions denying services to individuals based on their political beliefs.
5. Political Influence: The Trump administration has been accused of using its power to influence the financial sector, including at Bank of America, which has been called on to be transparent about its account-closing practices and potential discriminatory behavior.

In conclusion, while Trump has shown favoritism towards Bank of America due to its support for tax cuts, the relationship has been marred by allegations of discrimination and the politically motivated closure of accounts. These issues have strained the trust between the bank and certain customer segments, including those with political views aligned with Trump.