Dec 13 (Reuters) - Bank of America ( BAC ), the
second-largest U.S. lender, and investment bank Goldman Sachs ( GS )
plan to contribute to President-elect Donald Trump's
inaugural committees, but have yet to decide on the amount,
spokespeople for each bank said Friday.
BofA, along with JPMorgan Chase & Co ( JPM ), were the two
largest bank contributors to Trump's 2017 inauguration. JPMorgan ( JPM )
representatives declined to comment.
The inaugural committee plans and finances events, including
opening ceremonies and parades, galas and balls, but not the
swearing-in ceremony itself, according to the Federal Election
Commission.
Bank of America ( BAC ) contributed $1 million to both Trump's first
inaugural fund and to President Joe Biden's in 2021. JPMorgan ( JPM )
donated $500,000 for Trump's 2017 inaugural festivities.