BofA CEO Says Regulatory Reforms Will Be Good for U.S.

Brian Moynihan, CEO of Bank of America, discusses the bank's efforts in Harvey relief, regulatory reforms in Washington, and the importance of capital and liquidity requirements. He highlights the complexity of current financial regulations and the impact of new European financial rules. Moynihan emphasizes the need for simpler regulations while maintaining key principles, and notes the bank's strong research platform despite the challenges posed by these changes.

How does Brian Moynihan view the impact of regulatory reforms on society and America?

What are the key principles that the Secretary mentioned needing to be fixed?

What is the significance of capital liquidity according to Moynihan?

What concerns does Moynihan express regarding the complexity of regulatory agencies?

What are Moynihan's main worries beyond regulatory changes?