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US Politics

Bank of America responds publicly to Trump's Davos speech: 'We welcome conservatives'

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President Donald Trump spoke at the World Economic Forum on Thursday .

He accused banks of discriminating against conservatives.

Bank of America responded, saying it has no "political litmus test" JPMorgan Chase said it "would never close an account for political reasons" The debanking debate goes back to the Obama administration, during which " Operation Choke Point " discouraged banks from engaging with payday lenders.