Brian Moynihan

speaker

391 appearances 9 recordings 3 series first heard Dec 2025 last heard 3 Jun

Brian Moynihan’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 9 in all, peaking in Jan 2026 with 7.

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Bloomberg Talks · Bank of America CEO Brian Moynihan Talks Credit Card Cap · 22 Jan 2026 podcast

And then rent affordability, we've given them the types of ideas I talked about.

Well, I think...

I think there's a concern of availability of labor because of the population growth immigration dynamics that I think, again, the administration is trying to get much more fine around exactly what they're doing and not threatening people who've been naturalized citizens and things like that.

And that was never what they intended to do, but people started reading it.

And now if you looked at our small business surveys, labor availability became an issue again and hadn't been for a good while.

And so I think that that's something we've advised the administration to be mindful of because you don't want that to become a constraint on people's views of growing.

Now, the big hiring story here where Davos and everybody keeps saying this year's about AI, last year's about AI, the year before it was about AI, the year before it was about AI, and 2019.

The premise was the fourth industrial revolution, which was AI without just saying it.

And so it's not a new theme.

And so I give you, since the first time you probably asked somebody who decided to say post-pandemic about, is AI going to cause you to change your hiring?

Let's call it four years.

Let's call it three years.

We hired 65,000 people, Bank of America.

2,000 kids out of school, plus out of school every year.

Now, and that's for the turnover rate 8%.

We got to hire, in the month of January, we'll hire like 1,300 people, and we'll have the same headcount we had the month of December.

Are these people doing exactly what the people left?

Sometimes.

Sometimes those jobs got eliminated.

But that's what management is challenged, is how do you think to make the changes we've got to make, the transformations, to make...

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