Bank of America Commits $250 Billion to U.S. Infrastructure Projects by 2027
Bank of America announced a Critical Infrastructure Finance Initiative, pledging $250 billion in financing and investment through July 4, 2027, for U.S. infrastructure projects. This initiative targets digital infrastructure (data centers, semiconductors), energy and power infrastructure, and core infrastructure (transportation, critical minerals). This follows similar multi-trillion-dollar commitments from other major Wall Street banks like JPMorgan and Morgan Stanley, signaling a significant private sector push to boost American economic security and infrastructure, partly driven by the AI buildout.
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