Disney’s Hugh Johnston & Minneapolis Fed’s Neel Kashkari 8/6/25

Disney CFO Hugh Johnston speaks to Julia Boorstin, Joe Kernen, and Becky Quick about Disney’s strong quarterly results and news coming from its subsidiary, ESPN. The sports network will acquire 10% of the NFL and will launch a direct-to-consumer sports streaming product, sidestepping cable. From the Aspen Economic Strategy Group Forum, Andrew Ross Sorkin sits down with Minneapolis Federal Reserve President Neel Kashkari to discuss the independence of the Fed, the President’s tariff agenda, and what he’s extrapolating from the last month of economic datapoints. Plus, HHS Secretary Robert F. Kennedy Jr. cut $500m in mRNA vaccine contracts, and ChatGPT’s parent company is in talks with investors about a share sale at an eye-popping valuation for the still-private OpenAI: $500 billion dollars.

Hugh Johnston - 19:16

Neel Kashkari - 32:01

In this episode:

Julia Boorstin, @JBoorstin

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie