Bank of America Corp.'s chief executive, Brian Moynihan, is making the rounds in Washington to meet with top regulators and policymakers.
Moynihan, who was promoted Jan. 1, has met with Treasury Secretary Tim Geithner, Federal Reserve Board Chairman Ben Bernanke, Federal Deposit Insurance Corp. Chairman Sheila Bair and Comptroller of the Currency John Dugan.
The meetings were mostly designed as a way to introduce Moynihan to the regulators and give him a chance to explain his vision for the Charlotte banking company after it repaid $45 billion in funds from the Troubled Asset Relief Program last month.
Moynihan will return to Washington to testify before the Financial Crisis Inquiry Commission on Wednesday. He will be joined at the hearing by Jamie Dimon, the chairman and chief executive of JPMorgan Chase & Co.; Lloyd Blankfein, the chairman and chief executive of Goldman Sachs & Co.; and John Mack, the chairman of Morgan Stanley.
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