Dec 13 (Reuters) - Bank of America ( BAC ), the
second-largest U.S. lender, plans to contribute to
President-elect Donald Trump's inaugural committee but has yet
to decide on the amount, a BofA spokesperson 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 on Friday.
The inaugural committee plans and finances inaugural 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.