Highway Bill May Have Impact on Banks

The Highway Bill is the latest bit of must-pass legislation which has lobbyists for Wall Street Banks fighting like hell. Why? Congress has found a way to raise much needed money to fund the bill without raising taxes. They're going to reduce the dividends that the Fed pays banks for parking cash with Yellen & Co. to raise some $17billion. They want that money and are throwing elbows to get the provision changed. Phil Mattingly explains on "Bloomberg Markets." (Source: Bloomberg)

Toys "R" Us May File for Chapter 11
30:51 - Toys "R" Us is preparing a bankruptcy filing as soon as today, according to people familiar with the situation. Bloomberg's Jodi Xu Klein reports on "Bloomberg Daybreak: Australia." (Source: Bloomberg)
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