BusinessBank of America CEO Moynihan says supports ‘a well-focused infrastructure plan’ - CNN interview

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Chairman and CEO of Bank of America Brian T. Moynihan attends a session at the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 21, 2020. REUTERS/Denis Balibouse/File Photo

Bank of America Corp Chief Executive Officer Brian Moynihan on Friday said in a CNN interview that the U.S. needs to keep investing in infrastructure, adding that a “well-focused infrastructure plan would be a good thing” for the country.

Asked if a corporate tax rate of 28 percent would hamper the U.S. economy, Moynihan said that would depend on the details of a new tax law.

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