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Banks

Trump says Bank of America, others doing 'great job' on small-business loans

U.S. President Donald Trump addresses the daily coronavirus response briefing as Defense Secretary Mark Esper listens at the White House in Washington, U.S., April 1, 2020. REUTERS/Tom Brenner

WASHINGTON (Reuters) - President Donald Trump hailed one of the country’s largest banks, as well as many small lenders, for making small business emergency loans on the first day of a new U.S. coronavirus economic relief program.

“Great job being done by Bank of America and many community banks throughout the country. Small businesses appreciate your work!” Trump wrote in a tweet

Reporting by Lisa Lambert and Tim Ahmann

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