U.S. Representative Campbell on Banking Legislation
Feb. 11 (Bloomberg) -- U.S. Representative John Campbell, a Republican from California, talks about his proposal to make big banks add a new layer of capital of at least 15% of subordinated long-term bonds, a move that could force "too big to fail" banks to contract. Campbell, speaking with Peter Cook on Bloomberg Television’s “Bottom Line,” also talks about the outlook for automatic spending...