Brian Moynihan

Chairman & CEO, Bank Of America

Search every verified Brian Moynihan interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. In media appearances in mid-2026, Brian Moynihan discussed the U.S. economy and consumer behavior, describing what he called a "say-do paradox" in which consumer sentiment surveys show worry about affordability while Bank of America's internal data shows spending growth of about 5-6% year-over-year. He said that the bank's 70 million customers moved about 6% more money out of their accounts in early July 2026 compared to the same period in 2025, and that income growth was occurring across all income cohorts. Moynihan stated that Bank of America's research team had raised its 2026 U.S. GDP growth forecast to 2.2% and expected global growth to remain steady at 3.2%. He also said the bank's economists believed inflation would remain elevated into 2027 and 2028, and that the Federal Reserve might raise rates rather than cut them. Moynihan addressed artificial intelligence, stating that the bank was spending about $350 million on AI-related initiatives in 2026 as part of a $13 billion technology budget. He said the bank had about 100 implemented AI projects and that 200,000 employees had access to AI tools on their daily platforms. He expressed "serious concern" about AI models such as Anthropic's Mythos, saying they represented "a big change in the amount of work that will have to go on" regarding system vulnerabilities. Moynihan also discussed the bank's sponsorship of the FIFA World Cup and its "Sports With Us" program, and announced a $2 million donation to provide tickets for veterans and first responders through the organization Vet Tix.