President Trump asks the CEO of Bank of America, Brian Moynihan, and other financial institutions not to weaken conservative clients about politics.
World Economic Forum The founder Klaus Schwab, who recently turned 87, resigned from the organization’s trustee.
“After my recent announcement, and when I entered my 88th year, I have decided Wef press release.
The Wef trustee Board includes notable figures such as former American vice president Al Gore, a Democrat who served along with President Bill Clinton, and Larry FinkPresident and Executive Director of the Blackrock investment firm.

The founder and president of the World Economic Forum, Klaus Schwab, attends a session during the Annual World Economic Forum (WEF) in Davos on January 21, 2025. (Fabrice Coffrini/AFP through Getty Images)
“At an extraordinary meeting of the Board on April 20, the Trustee Board took note of the resignation of Klaus Schwab,” said the press release.
The organization is behind the annual Davos meeting, which attracts political, commercial and high -profile political leaders around the world.
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Shortly after taking office earlier this year, president Donald Trump Comments delivered remote to the Wef meeting.
During the event, when answering a question by Brian Moynihan, president of the Board and CEO of Bank of America, Trump said: “He has done a fantastic job, but I hope he begins to open his bank to the conservatives, because many conservatives complain that the banks do not allow them to do business inside the bank, and that it has included a place called Bank of America.”
The Wef had announced last year: “In January 2025, Klaus Schwab will go from the executive presidency to the president of the Board of Trustees.”
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He Wef website It establishes that the organization “involves political, commercial, academic, civil society and other leaders to shape global, regional and industrial agendas.”