CEO of Bank of America Brian Moynihan: American Economy Shows Solid Growth
Radio interview with John Catsimatidis in which Moynihan argued the American economy is still posting solid growth rather than rolling over.
Chair & CEO, Bank of America Corporation (BAC)
10 recorded appearances
Radio interview with John Catsimatidis in which Moynihan argued the American economy is still posting solid growth rather than rolling over.
Used BofA's own card and deposit data to argue the consumer is intact: customers moved about 5% more money into the economy in July, with lower-income wage growth converging toward the rest. Also covered the Fed path and the stock.
Told Margaret Brennan that prime credit-card credit quality has improved quarter over quarter for both the industry and BofA, pushing back on consumer-stress narratives. Taped July 16, 2026.
Discussed the reopening of the deal pipeline and BofA's investment-banking outlook alongside second-quarter results.
On AI in lending he insisted accountability does not transfer to the tool: "Whatever tool we use, we're responsible for the outcome." Said employees should not fear AI, and that the board refreshes succession candidates every six months; he will leave when he stops thriving in the job.
Made the case that consumer spending and payment behavior in BofA's data remained resilient into mid-2026.
Long-form management interview on how he has run BofA for 16-plus years, covering operating discipline and executive development.
Stayed constructive on the US economy despite the gas-price spike tied to the Iran conflict, and discussed BofA's philanthropic programs around the nation's 250th anniversary.
Career-length conversation on leading Bank of America out of the financial crisis and the discipline behind its current operating model.
Told David Westin that AI is starting to have a measurable impact on the US economy, and laid out his 2026 outlook covering immigration, the Fed and growth.