The tax overhaul has made the United States a more attractive business destination to overseas companies, Bank of America CEO Brian Moynihan said Tuesday.
“What I don’t think people see that I’ve seen so far is not only the U.S. reaction, … but outside of the U.S., the view that the U.S. becomes a more attractive place to manufacture and drive to,” Moynihan told CNBC’s “Squawk Box” at the World Economic Forum in Davos, Switzerland. “I think that will help the U.S. economy.”