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Aug 12, 2026

Bank of America pledges $250 billion for US infrastructure and digital projects

Bank of America announced a $250 billion commitment to finance domestic infrastructure and digital projects by July 2027, aimed at boosting economic growth and creating jobs. The initiative comes as the bank seeks to align with the Trump administration's priorities.

Aug 12, 2026·3 sources

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Top claims

▪Bank of America CEO Brian Moynihan was excluded from a Wall Street leaders dinner at the White House in November 2025 and a Trump-hosted reception at Davos in January 2026.
▪Bank of America's financing will target energy and power infrastructure, including renewable-power generation, energy storage, natural gas, and electricity transmission.
▪Bank of America's $250 billion pledge aligns with President Donald Trump's economic priorities following a period of frosty relations between CEO Brian Moynihan and the White House.

People involved

Subtopics

Corporate finance1 Economic policy1 Infrastructure investment1

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