BofA's Moynihan on US Consumers, Fed Policy and AI

Bank of America Chair and CEO Brian Moynihan discusses the state of the US consumer, Federal Reserve monetary policy and the bank’s second-quarter earnings. Speaking with David Westin on Bloomberg Television, Moynihan also discusses the bank’s utilization of artificial intelligence. Bank of America’s traders posted a record second quarter as revenue from fixed income, currencies and commodities trading jumped 19% to $3.25 billion in the three months through June.