We all know Buffett has reduced our exposure to BAC, but it's still a material holding. Yesterday trump threw his first spitball at Buffett who HATES the crypto space, and Buffett will not be one of the cool kids for the next four years. RFK and his pals will be going after the likes of Coke, Kraft Heinz, etc. The fact is, this administration doesn't figure to be, Buffett friendly.

" "I hope you start opening your bank to conservatives," Trump told Moynihan, who was part of a panel on the stage. The BofA chief executive quickly changed the subject, saying that his bank was looking forward to sponsoring the FIFA World Cup in the U.S. in 2026 and thanking the President for securing that event.

"We serve more than 70M clients and we welcome conservatives. We are required to follow extensive government rules and regulations that sometimes result in decisions to exit client relationships. We never close accounts for political reasons and don’t have a political litmus test," a Bank of America (NYSE:BAC) spokesperson told Seeking Alpha in an emailed statement."