Towns Summarizes Bank of America Merger Controversy

Chairman of the House Committee on Oversight and Government Reform Edolphus Towns summarized the current controversy surrounding the Bank of America Merrill Lynch merger in his opening statements for a hearing with Federal Reserve Chairman Ben Bernanke. (1:03)
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Rep. Issa (R-Calif.): No One Given The Power To Force Mergers

Rep. Darrell Issa (R-Calif.) gives his opening statements at the hearing at the Committee on Oversight and Government regarding the Bank of America/Merrill Lynch merger. He stated that no entity has the explicit ability to force mergers (1:14)
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