NEW YORK ( TheStreet) -- Sen. David Vitter (R., La.) is open to discussion about changes to his proposed "Too Big to Fail" bill.

The U.S. Senator said an attractive feature of the bill he co-authored with Sen. Sherrod Brown (D., Ohio) would be the discussion he hopes it attracts about issues such as risk-weighting assets -- a regulation of the well-known Dodd-Frank Act and Basell III that requires the riskier the asset the more capital a bank has to put behind the asset.

"Well look, we're open for discussion with anybody about anything," Vitter told TheStreet in an interview. "I think there's a widespread and growing recognition that at least a version of risk-weighting talked about now can really be gamed, is being gamed."

Check out the interview above, or click through here.

-- Written by Joe Deaux in New York.

>Contact by Email.

More from Politics

What Is NAFTA? History, Purpose and Accomplishments

What Is NAFTA? History, Purpose and Accomplishments

'In Principle, Open Trading is Good,' Says Powell

'In Principle, Open Trading is Good,' Says Powell

What Is a Command Economy and What Are Some Examples?

What Is a Command Economy and What Are Some Examples?

Russia Risk: What You Need to Know About the New 'Reset'

Russia Risk: What You Need to Know About the New 'Reset'

One Key Mistake Trump Probably Continues Making With His Suits

One Key Mistake Trump Probably Continues Making With His Suits