Squawk Pod

The U.S. Surgeon General wants a tobacco-style warning on social media, and George Clooney, Julia Roberts, and Jimmy Kimmel helped President Biden’s campaign raise $30m at a Hollywood fundraiser over the weekend. Author and investor Ruchir Sharma is out with a new book, “What Went Wrong with Capitalism.” He makes a capitalist critique of our economic system in a lively discussion about the government’s relationship with private industry. Plus, flight tracking company Hopper says July 4th deals are still on the table; the app’s lead economist Hayley Berg explains why prices are down this year, and how to save on a last minute getaway. Ruchir Sharma - 14:10Hayley Berg - 25:53 In this episode:Joe Kernen, @JoeSquawkAndrew Ross Sorkin,@andrewrsorkinBecky Quick,@BeckyQuickKatie 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.

17 Jun 202429min

Tesla shareholders voted to reinstate Elon Musk’s $56B pay package and to move the company’s corporation from Delaware to Texas. It was a big victory for Musk, but former SEC Chair Jay Clayton says, there’s still more to hash out. Fresh off DC meetings with Republican lawmakers and CEOs, former President Donald Trump is celebrating his 78th birthday. CNBC’s Emily Wilkins reports on the meetings, and Trump’s tax proposals. Attendee House Majority Leader Steve Scalise explains the agenda and the GOP’s plans heading into the November election.   Jay Clayton - 2:02Rep. Steve Scalise - 20:50 In this episode:Rep. Steve Scalise, @SteveScaliseEmily Wilkins, @emrwilkinsBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie 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.

14 Jun 202434min

Ahead of the Tesla shareholder vote on Elon Musk’s pay package, Ark Invest CEO and CIO Cathie Wood discusses her new, raised 2029 price target for Tesla. As a Tesla investor and an xAI investor, Wood explains her belief in Elon Musk, Tesla’s robotaxi strategy, Apple’s entrance into AI, and this new era of innovation. Plus, the Federal Reserve will hold rates steady, CNBC’s Steve Liesman reports. In an exclusive interview, Treasury Secretary Janet Yellen discusses the labor market, housing’s pressure on inflation metrics, and her latest op-ed about supporting Ukraine’s war effort with earnings from billions of seized Russian sovereign assets.  Janet Yellen - 11:40Cathie Wood  - 28:43 In this episode:Cathie Wood, @CathieDWoodSecretary Janet Yellen, @SecYellenSteve Liesman, @steveliesmanBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinKatie 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.

13 Jun 202441min

Steve Ballmer, former Microsoft CEO and LA Clippers Chairman founded the data-driven not-for-profit USAFacts. He’s ready to deliver his economic data to Congress and push for transparency in government. Former Republican Speaker of the House Kevin McCarthy is out of his seat but not out of politics. The former lawmaker discusses the 2024 race and explains why this time, the election is more about President Biden than it is about former President Trump. Good economic news, from the Labor Department: May’s CPI data shows that inflation could be loosening its hold on the US economy. CNBC’s Steve Liesman considers the implications for the Federal Reserve’s interest rate strategy. A flurry of headlines have emerged from the Elon Musk universe, including Musk’s dropped lawsuit against OpenAI, hidden likes on X, and personal relationships at SpaceX. Plus, competitive eater Joey Chestnut is between a hot dog and an Impossible hot dog…and fans of Nathan’s hot dog eating contest will miss out on the reigning champion this year.  Steve Ballmer - 14:47Kevin McCarthy - 28:21 In this episode:Kevin McCarthy, @SpeakerMcCarthySteve Liesman, @steveliesmanJoe Kernen, @JoeSquawkBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinKatie 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.

12 Jun 202441min

Apple has entered the AI arms race. WSJ personal tech columnist Joanna Stern discusses the OpenAI-Siri integration, Genmoji, privacy, and Elon Musk’s reaction to Apple’s announcements at the company’s Worldwide Developers Conference. In the wake of EU elections and a shift to the political right across the bloc, Council on Foreign Relations president emeritus Richard Haass considers implications for US politics. He says it’s a tough time for incumbents, and it’s an uncertain world for whoever wins in the upcoming election. Plus, former media executive Edgar Bronfman is reportedly considering a bid for Paramount’s parent company, CNBC’s Emily Wilkins reports on the bipartisan support to crack down on hotel junk fees, and an FDA advisory panel has endorsed Eli Lilly’s Alzheimer’s drug. Richard Haass - 13:29Joanna Stern - 22:23 In this episode:Joanna Stern, @JoannaSternEmily Wilkins, @emrwilkinsJoe Kernen, @JoeSquawkBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinKatie 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.

11 Jun 202429min

Less than 5 months from Election Day, two economic policy experts discuss the sticking points in Bidenomics and Trumponomics. Former President Trump’s 2024 senior economic advisor Steve Moore and former CEA chair under President Obama Jason Furman discuss taxes, tariffs, and energy policy. In a discussion about regulation, former FDIC chair Sheila Bair argues in a recent op ed, not all mergers are bad for consumers. Plus, the far right made big gains in the EU’s elections, Caitlin Clark was not chosen for Team USA, and GameStop tumbled 40% after meme stock enthusiast Keith Gill AKA Roaring Kitty held a livestream.   Steve Moore & Jason Furman - 12:20Sheila Bair - 25:39 In this episode:Joe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie 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.

10 Jun 202437min

This bonus episode of Squawk Pod, from our partners at “The Keynote,” features the two most important players in the Biden Administration’s comprehensive reshaping of antitrust law. Federal Trade Commission Chairperson Lina Khan, and U.S. Assistant Attorney General for the Antitrust Division Jonathan Kanter joined Andrew Ross Sorkin at the CNBC CEO Council Summit on June 4th 2024. They spoke about how they have reinvigorated antitrust enforcement, the challenges and opportunities of the digital age and why they feel empowered to act. Plus, one reveals their “Swiftie” status. To listen to other interviews from events check out “The Keynote by CNBC Events” here: https://podcasts.apple.com/us/podcast/the-keynote-by-cnbc-events/id1493248246. For information on upcoming events visit: CNBCevents.com. In this episode:Lina Khan, @linakhanFTCJonathan Kanter, @JusticeATRAndrew Ross Sorkin,@andrewrsorkinKatie 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.

8 Jun 202422min

The Atlantic contributing writer and happiness guru Arthur Brooks discusses happiness and the upcoming Presidential election; he says, we can all still like each other, even in the face of political polarization. CNBC’s Brian Schwartz reports that former President Trump’s campaign raised $12m at a San Francisco fundraiser, and CNBC’s Steve Liesman reports on May’s jobs report, which came in much hotter than expected. Tesla investor Cathie Wood is backing Elon Musk in his pay deal debate. Plus, Happy Donut Day! Founders of Rise Doughnuts Hugh Mangum and Laura Malone share their sweet small business story to celebrate the day.  Steve Liesman - 2:52Brian Schwartz - 7:39Arthur Brooks - 13:42Hugh Mangum & Laura Malone 29:45 In this episode:Arthur Brooks, @arthurbrooksBrian Schwartz, @schwartzbCNBCSteve Liesman, @steveliesmanJoe Kernen, @JoeSquawkBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinKatie 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.

7 Jun 202434min