European Stocks Rally Amid U.S. Budget Optimism

European stocks climbed, rebounding from a three-month low, as U.S. President Barack Obama expressed confidence that he will strike a deal with Congress on a new budget. U.S. index futures and Asian shares also rose.
Hoenig: Small Banks May Be Exempt From Dodd-Frank Rules
04:33 - Thomas Hoenig, vice chairman of the Federal Deposit Insurance Corp., talks about the implementation of the Dodd-Frank banking regulation and industry outlook. Hoenig speaks with Bloomberg's Michael McKee and Brendan Greeley from the Jackson Hole Economic Symposium sponsored by the Kansas City Fed.(Source: Bloomberg)
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