Fed's William Dudley on Europe's Impact on US Markets, Pt 2

8:42 AM ET Thu, 24 May 2012

"I think the European leadership is very committed to European Union," says William Dudley, New York Federal Reserve president, discussing Europe's economic problems, the Volcker Rule, and why U.S. banks now have more capital and cleaner balance sheets, with CNBC's Steve Liesman. Sallie Krawcheck, former Merrill Lynch Wealth Management CEO, weighs in.