BofA's Moynihan on Consumer Spending, Fed, Regulation

Bank of America Chairman and CEO Brian Moynihan talks about consumer spending, the need for the Federal Reserve to cut interest rates "a little," and how regulators need to take a closer look at the rules for banks. He speaks to Bloomberg's David Westin.
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[Vanguard-cu]

Moynihan didn't intend to, but he gave Joe Biden one hellofa salute (and, Brian owes Joe a Thanks for his Christmas bonus). Now, will Trump keep it going???