Bank of America CEO responds to Trump’s claim he was rejected as a customer

Regulatory Landscape & Compliance - The industry acknowledges the need to re-evaluate laws, rules, and regulations to prevent decisions that may be viewed negatively in retrospect [6][7] - The industry is collaborating with the Treasury administration to balance regulations and avoid after-the-fact scrutiny [8] - The industry seeks to prevent regulators from influencing company decisions in ways not explicitly mandated by Congress [11] Business Operations & Customer Base - Bank of America serves 70 million consumers [9] - Bank of America serves more small businesses than any other institution, totaling 12 million [9] - Bank of America serves more middle market companies than any other institution [9] Reputational Risk Management - Bank of America CEO addresses allegations of discrimination against conservatives, emphasizing adherence to laws and regulations [3][4][6] - Bank of America aims to navigate regulatory changes and ensure fair treatment under the law [11]