Bank of America, Goldman to donate undecided amounts to Trump’s inaugural committee

A man walks by the Bank of America headquarters in New York on July 18, 2023.

Eduardo Munoz | View Press | Getty Images

Bank of America, the second-largest U.S. lender, and investment bank Goldman Sachs plan to contribute to President-elect Donald Trump’s inaugural committees, but have yet to decide on the amount, spokespeople for each bank said Friday.

BofA, along with JPMorgan Chase & Co, were the two largest bank contributors to Trump’s 2017 inauguration. JPMorgan representatives declined to comment.

The inaugural committee plans and finances events, including opening ceremonies and parades, galas and balls, but not the swearing-in ceremony itself, according to the Federal Election Commission.

Bank of America contributed $1 million to both Trump’s first inaugural fund and to President Joe Biden’s in 2021. JPMorgan donated $500,000 for Trump’s 2017 inaugural festivities.

Source

U.S. House approves outline for billion more for immigration enforcement

Politics

U.S. House approves outline for $70 billion more for immigration enforcement

April 30, 2026

Federal agents, including members of the Department of Homeland Security, the Border Patrol, and police, attempt to keep protesters back outside a downtown U.S. Immigration and Customs Enforcement (ICE) facility on Oct. 4, 2025 in Portland, Oregon. Spencer Platt | Getty Images The U.S. House of Representatives on Wednesday approved a three-year budget plan that […]

Politics

Democrats vow to fight back after Supreme Court Voting Rights Act ruling

April 29, 2026

U.S. House Minority Leader Hakeem Jeffries (D-NY) speaks during his weekly press conference, on Capitol Hill in Washington, D.C., U.S., March 19, 2026. Nathan Howard | Reuters Congressional Democrats on Wednesday vowed to fight with what limited power they have from the minority in the House and the Senate against the Supreme Court’s decision to […]

Politics

Warsh hints at a new reading of the Fed’s power over swap lines amid UAE discussion

April 29, 2026

Kevin Warsh, nominee for US Federal Reserve Chair, testifies during a Senate Banking Committee hearing on his nomination on Capitol Hill in Washington, DC, on April 21, 2026. Mandel Ngan | Afp | Getty Images Federal Reserve chair nominee Kevin Warsh believes the Fed’s statutory independence doesn’t fully extend to international policy issues, he said […]