Congress Faces Sequester Cuts as Dollars Disappear

March 1 (Bloomberg) -- Bloomberg's Peter Cook reports on what $85 billion in U.S. federal spending cuts means for Congress. Bloomberg Government estimates that removing 5.3 percent of Congress's budget would account for about one-quarter of one percent of the entire fiscal year 2013 sequester, or $234 million. (Source: Bloomberg)

Bank of America CEO Moynihan on U.S. Economy and Brexit
30:23 - Brian Moynihan, Bank of America chairman, president and chief executive officer, discusses the state of the U.S. economy, the implications of Brexit and the prospects for the bank with Bloomberg's Erik Schatzker at Bank of America's New York headquarters. (Source: Bloomberg)
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