Bank of America Chairman and CEO Brian T. Moynihan attends a session of the 50th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland on January 21, 2020. REUTERS / Denis Balibouse / File Photo
Brian Moynihan, chief executive officer of Bank of America Corp., told CNN on Friday that the US needs to continue investing in infrastructure, adding that a “well-focused infrastructure plan would be a good thing for the country” .
When asked if a corporate tax rate of 28 percent would hinder the U.S. economy, Moynihan said it would depend on the details of a new tax law.
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