Bryan Moynihan, CEO of Bank of America, tells "Face the Nation with Margaret Brennan" that the slowdown in the U.S. business economy reflects that consumers are "more cautious, really waiting for some answers" as Trump's policies take shape.
The following is the transcript of an interview with Bank of America CEO Brian Moynihan that aired on "Face the Nation with Margaret Brennan" on Aug. 3, 2025.
Jane Pauley hosts our special broadcast focusing on securing a fulfilling retirement. In our cover story, David Pogue looks at the state of Social Security. Also: Luke Burbank reports on the FIRE movement for people seeking financial independence to retire early; Susan Spencer explores the creation of bucket lists; Tracy Smith sits down with the comedy duo Cheech & Chong; Robert Costa talks with Drew Barrymore who, at 50, landed on the cover of AARP: The Magazine; Martha Teichner explores Latitude Margaritaville, a 55+ active community in Florida inspired by Jimmy Buffett; Seth Doane travels to Malta, where Americans are finding a more affordable retirement destination; Conor Knighton visits a retirement home for chimpanzees, while Lee Cowan checks out a site for retired warplanes; and Kelefa Sanneh talks with the “father of the 401(k).”
