Bank of America CEO says U.S. needs infrastructure investment

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Chairman and CEO of Bank of America Brian T. Moynihan attends a session at the 50th World Economic Forum annual meeting in Davos, Switzerland on 21 January 2020. REUTERS Denis Balibouse Photo On Friday, CEO Brian Moynihan said in a CNN interview that the U.S. needs to keep investing in infrastructure, adding that a well-thought-out infrastructure plan would be a good thing for the country.

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

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