An OpenSecrets profile highlights Bank of America's political spending, detailing campaign contributions totaling over $4.2M since 1990 and lobbying expenditures of $2.4M since 1998. Such significant financial influence in political processes raises concerns about corporate interference and the potential for supporting authoritarian agendas.

BofA Securities, part of Bank of America, is set to lobby the White House and Congress in response to conservative criticism and accusations from President Trump alleging politically motivated debanking. The bank is seeking clearer guidelines on anti‐money laundering and fair access to financial services as a defense against these claims.

At the World Economic Forum in Davos on January 23, 2025, President Donald Trump publicly criticized Bank of America's CEO, Brian Moynihan, accusing the bank of limiting business with conservative clients and urging it to welcome conservatives. The remark highlights a politically charged dispute over perceived selective business practices.

The article outlines Bank of America's detailed political contributions and lobbying activities policy, emphasizing strict adherence to corporate governance, legal compliance, and balanced, non-partisan support. The policy highlights that no direct corporate contributions are made to candidates or parties, while contributions to third-party organizations and lobbying activities are carefully managed and disclosed.

B of A Securities, the investment banking division of Bank of America, has outlined a comprehensive political contributions and lobbying policy. The policy emphasizes a voluntary, balanced, and fully disclosed PAC program that supports candidates from both major parties along with contributions to progressive organizations such as the Human Rights Campaign. The company's strict adherence to governance standards and compliance with applicable laws reflects its commitment to transparency in political engagement, despite the large sums involved in lobbying expenditures.

Bank of America, through its investment banking division B of A Securities, published its Modern Slavery Act Statement in June 2024. The statement details its commitment to combating modern slavery through comprehensive policies, rigorous supplier due diligence, mandatory employee training, and adherence to international human rights standards.

Bank of America has published its Human Rights Statement outlining its commitment to upholding international human rights standards, ensuring non-discriminatory practices in employment, and enforcing a Supplier Code of Conduct to protect human rights throughout its supply chain. The statement details measures such as enhanced due diligence, employee training on ethical practices, and engagement with diverse stakeholders, reflecting a strong commitment to ethical business practices.