Bachmann Says IRS Scandal Raises Health-Law Doubt

May 16 (Bloomberg) -- U.S. Representative Michele Bachmann, a Minnesota Republican, speaks at a news conference in Washington about the Internal Revenue Service's selective screening of nonprofit groups and questions over the agency's ability to enforce the 2010 health-care law. Senate Minority Leader Mitch McConnell and Republican Senators Rand Paul of Kentucky, Mike Lee of Utah and Ted Cruz of Texas also speak. (Source: Bloomberg)

BofAML's Piron Sees More Downside for the Pound
32:51 - Claudio Piron, co-head of Asia fixed income and FX strategy at Bank of America Merrill Lynch, discusses his outlook for the pound, volatility in the currency and U.K. exports. He speaks to Bloomberg's Yvonne Man and Betty Liu on "Bloomberg Daybreak: Asia." (Source: Bloomberg)
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