The TikTok Bill, SOTU, & the Fed’s Next Move 03/08/24
Squawk Pod8 Maalis 2024

The TikTok Bill, SOTU, & the Fed’s Next Move 03/08/24

President Biden delivered his State of the Union, addressing the tax code, inflationary pressures, and American unions 8 months before the 2024 election. Axios National Political Correspondent Alex Thompson discusses the speech, the reception on the hill, and the impact it may have on voters. TikTokkers inundated their government representatives with calls this week, as lawmakers voted on legislation targeting the platform’s parent company ByteDance. A House committee unanimously approved a bill aimed at forcing a ByteDance divestiture of TikTok; Representative Cathy McMorris Rodgers (R-Wash.) explains the bill’s intended impact, and characterizes the move as “not a ban.” Plus, the February jobs report came in above expectations, while unemployment ticked up to 3.9%. Former Federal Reserve Vice Chair Roger Ferguson explains how the report is likely to impact the Fed’s interest rate strategy in 2024.

Alex Thompson - 04:29

Rep. Cathy McMorris Rodgers - 19:45

Roger Ferguson - 27:42

In this episode:

Rep. Cathy McMorris Rodgers, @cathymcmorris

Alex Thompson, @AlexThomp

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Katie Kramer, @Kramer_Katie


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Jaksot(1796)

Shake Shack’s Big Return; Microsoft’s President; Covid-Positive Plasma Treatments

Shake Shack’s Big Return; Microsoft’s President; Covid-Positive Plasma Treatments

In Washington and beyond, Americans debate the timeline and the pros and cons of getting back to work. CNBC’s Eamon Javers discusses the push for further federal assistance as small businesses nationwide struggle to stay afloat throughout the pandemic. Shake Shack originally received financial relief but has since returned it for redistribution among smaller businesses in more urgent need. Microsoft Teams and Microsoft-owned Skype have surged as employees around the world adapt to sheltering--and working--in place. Microsoft President and long-serving executive Brad Smith discusses the boost in platform usage and how Microsoft balances the Covid-19 crisis with everything else. Plus, the head of New Jersey’s largest hospital system has personally recovered from the coronavirus, and he explains a new technology using plasma from covid-positive patients to help the sick.   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

20 Huhti 202032min

Special Report | Markets in Turmoil

Special Report | Markets in Turmoil

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

18 Huhti 202048min

Rooting for Remdesivir; Pharmaceuticals & the Push for Progress

Rooting for Remdesivir; Pharmaceuticals & the Push for Progress

Gilead’s experimental Covid-19 treatment caught the markets’ attention after STAT News reported encouraging early results in its phase 3 trial. Former FDA Commissioner Dr. Scott Gottlieb explains the antiviral Remdesivir and explains its potential role in flattening the pandemic’s curve. French pharmaceutical company Sanofi has partnered with peer GlaxoSmithKline to develop a Covid-19 vaccine in the next 18 months. Sanofi has also partnered with a startup to create a coronavirus test using a smartphone. CEO Paul Hudson explains the news, the technology, and the path ahead for a healthier planet.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

17 Huhti 202021min

Special Report | Markets in Turmoil: Restarting the Economy

Special Report | Markets in Turmoil: Restarting the Economy

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

17 Huhti 202044min

Who Deserves a Bailout?

Who Deserves a Bailout?

Former Administrator of the 9/11 Compensation Fund Ken Feinberg warns Americans to avoid drawing parallels between the Covid-19 pandemic and previous crises in history. He explores the moral hazard of supporting an economy reeling from an unexpected tragedy. Chairman of IAC Corp. Barry Diller expects the U.S. to come back to life in six months or possibly longer, but to get there, he says Americans will have to overcome their fear. In the meantime, everyone should get a bailout. Plus, Joe, Becky, and Andrew discuss what it will take to reopen the country and to keep it running.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

16 Huhti 202031min

Special Report | Markets in Turmoil: Consumer Spending

Special Report | Markets in Turmoil: Consumer Spending

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

16 Huhti 202043min

Dr. Sam Waksal; Searching for Antibodies; A-Rod Goes “All In’ to Fight Hunger

Dr. Sam Waksal; Searching for Antibodies; A-Rod Goes “All In’ to Fight Hunger

Immunologist and former CEO of pharmaceuticals company ImClone Systems Dr. Sam Waksal explains the science that he believes will carry us through the coronavirus crisis. Scientists are looking to Covid-19 survivors for antibodies as they race to develop a vaccine, and testing kits may be easiest to find among the wealthy on Florida’s Fisher Island. Plus, Fanatics CEO Michael Rubin and Alex Rodriguez discuss the #AllInChallenge, encouraging celebrities to donate experiences and one-of-a-kind items to raise money for organizations addressing food insecurity during the pandemic. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

15 Huhti 202035min

Special Report | Markets in Turmoil

Special Report | Markets in Turmoil

Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

15 Huhti 202044min

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