WASHINGTON (Reuters) - Bank of America Corp Chief Executive Officer Brian Moynihan on Friday said in a CNN interview that the U.S. needs to keep investing in infrastructure, adding that a "well-focused infrastructure plan would be a good thing" for the country.
Asked if a corporate tax rate of 28 percent would hamper the U.S. economy, Moynihan said that would depend on the details of a new tax law.
(This story corrects "well-structured" to "well-focused" in Moynihan quote, headline)
(Reporting by Susan Heavey and Jan Wolfe; Editing by Chizu Nomiyama)
Brian Thomas Moynihan (born October 9, 1959) is an American lawyer, businessman and the Chairman and CEO of Bank of America. He also joined the Board of Directors, following his promotion to President and CEO. the sixth of eight siblings in a Roman Catholic family of Irish descent.cite news|url=
| Linked companies | |
|---|---|
| MERRILL LYNCH PREFERRED CAPITAL TRUST I | Chief Executive Officer |
The Clearing House
 The Clearing House Regional BanksFinance The Clearing House provides check clearance and settlement services for banks. The company was founded in 1853 and is headquartered in New York, NY. | Chairman |
