Episodes
Department of Justice antitrust officials will reportedly ask a judge to force Alphabet to sell its Chrome browser. Google’s former CEO Eric Schmidt considers the friction between big tech and the government, and weighs how tech regulation might change under another Donald Trump administration. In Schmidt’s new book “Genesis: Artificial Intelligence, Hope, and the Human Spirit,” he explores the future of tech and AI regulation, as well as the line between humanity and technology. Martha...
Published 11/19/24
Published 11/19/24
As President-elect Donald Trump quickly reveals his picks for roles in his administration, Axios co-founder Mike Allen suggests what each name means for Trump’s priorities in his next administration. While some picks are surprises, the contenders for Treasury Secretary are predictable, so far. In the AI revolution, platform Perplexity is rolling out a shopping feature to extend user queries from informational to transactional. CEO and co-founder Aravind Srinivas says, successful AI models...
Published 11/18/24
Vaccine stocks are falling after President-elect Donald Trump has tapped Robert F. Kennedy Jr. to be his Secretary of Health and Human Services. Former Walgreens Boots Alliance executive, John Driscoll, shares his concerns about the potential impact and what it could mean for the future of healthcare policy. Home Depot CEO, Ted Decker, discusses how inflation is hitting consumers and how the company is responding to the pressure. Plus, Ark Invest’s Cathie Wood discusses her bet on Tesla and...
Published 11/15/24
President-elect Donald Trump said he will nominate Rep. Matt Gaetz, (R) Florida, to be attorney general. CNBC’s Eamon Javers has the latest from Florida on the surprising selection, as Gaetz is the subject of a House Ethics Committee investigation into whether he engaged in sexual misconduct. Tom Barrack, a longtime Trump ally who chaired his 2016 inaugural committee, shares his insight on the president-elect’s hiring style, the Department of Government Efficiency and expectations for Trump’s...
Published 11/14/24
President-elect Trump announced last night that Elon Musk and Vivek Ramaswamy will head a Department of Government Efficiency, DOGE for short, to trim government spending during his second administration. CNBC’s Eamon Javers has the Trump team’s latest from West Palm Beach. Next, the Senate is gearing up for a vote today on who will be the next majority leader. Eric Cantor, Wall Street executive and former Republican House leader, gives his prediction on the leadership race and discusses his...
Published 11/13/24
Lawmakers and economists are debating the future of the Federal Reserve after President-elect Trump’s promises to fire Fed Chair Jay Powell and Senator Mike Lee’s (R-UT) call to #EndTheFed. Judy Shelton and CNBC’s Steve Liesman to discuss the role of the central bank and the constitutional precedent for Fed independence. As the AI revolution ramps up, Goldman Sachs’s Jared Cohen highlights the infrastructure needed to support the technology’s energy demands. Cohen calls for “data center...
Published 11/12/24
President-elect Donald Trump has begun to make his first appointments in his new administration. Over the weekend, he named Tom Homan as border czar, said Nikki Haley and Mike Pompeo will not join his second term, and wrote on Truth Social that the Senate majority leader should agree to allow recess appointments to Trump’s cabinet. On X, Senator Mike Lee (R-Utah) suggested reasons to “#EndtheFed,” garnering support from Elon Musk. Lazard CEO Peter Orszag weighs in on Fed independence and...
Published 11/11/24
In the central bank’s latest decision, the Federal Reserve cut its benchmark rate by 25bps. While Democrats wrestle with what went wrong for Vice President Harris, Republicans are making plans for President-Elect Trump 2.0. Former Republican presidential candidate Vivek Ramaswamy and former Trump staffer turned Harris-backer Anthony Scaramucci debate immigration policy and whether the country can “turn the page” under the new administration. Plus, Susie Wiles will be Donald Trump’s White...
Published 11/08/24
In the week leading up to election day, presidential election contracts on Polymarket, Kalshi, and PredictIt all indicated Donald Trump had a wider lead ahead of Kamala Harris than traditional polls. In his first-ever TV interview, Polymarket CEO Shayne Coplan discusses his company’s role in elections and the rising popularity of prediction markets, which allow bettors to wager on election outcomes. The Wall Street Journal’s Tim Higgins highlights Elon Musk’s influence among young men, saying...
Published 11/07/24
Another Trump administration might mean big changes to America’s financial system. Scott Bessent, economic advisor to Trump and potential Treasury Secretary pick, shares insights on Trump’s proposed tariffs and a red Senate. Plus, Bessent discusses his behind-the-scenes role in shaping Trump’s economic policies. Bessent - 03:33 In this episode: Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie
Published 11/06/24
What are the market implications of a potential "red sweep" in the 2024 election? Billionaire private equity investor and Carlyle Group co-founder David Rubenstein offers his take on what the outcome could mean for the country’s economic future and the markets. Plus, Rubenstein weighs in on the challenges ahead, from tackling the national deficit to navigating political divisions. Rubenstein - 03:42 In this episode: David Rubenstein, @DM_Rubenstein Becky Quick, @BeckyQuick Joe Kernen,...
Published 11/06/24
In this special episode, we dive deep into morning-after analysis of the 2024 election. How did former President Donald Trump pull off his win? Investment banker Roger Altman breaks down the campaign’s winning argument, pointing to a crucial shift in voter sentiment: "Are you better off than you were four years ago?" Plus, pollster Frank Luntz weighs in on the unwavering support behind Trump and what that means for the future of American politics. He also offers Democrats some advice to move...
Published 11/06/24
The 2024 presidential election has come to a dramatic close. CNBC’s Senior Washington Correspondent, Eamon Javers, discusses President Trump's stunning electoral victory and the shifting balance of power in Washington. Plus, CNBC’s DC Correspondent, Emily Wilkins, with the latest on the Senate flip that’s reshaping Capitol Hill. Javers - 03:10 Wilkins - 13:25 In this episode: Emily Wilkins, @emrwilkins Eamon Javers, @EamonJavers Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross...
Published 11/06/24
Election day 2024 is finally here! Voters across the country head to the polls today, but results may take longer than 24 hours to confirm. If the race is close, Al Gore’s 2000 campaign chairman Bill Daley tells Americans, have faith in the process! The former chief of staff for President Obama expects to have a sense of the returns on Wednesday morning. Plus, Boeing machinists approved a labor deal, ending the seven-week strike, a judge has rejected a request to block Elon Musk's daily...
Published 11/05/24
In the final 24 hours until election day, media mogul Barry Diller, chairman of IAC and Expedia, discusses the state of the race and his support for Kamala Harris. He says if Harris wins, she should consider asking Elon Musk to serve on her cabinet to help with cutting government costs. Diller also weighs in on the likelihood of an Uber-Expedia deal and a Comcast spin-off. Plus, the Dow Jones Industrial Average is swapping Intel and Dow Inc for Nvidia and Sherman Williams, a Semafor report...
Published 11/04/24
Oil giant Exxon Mobil reported quarterly results today that beat expectations. Ahead of the presidential election next week, Exxon CEO Darren Woods discusses oil prices, supply and demand, tariffs, Donald Trump’s “drill baby drill” perspective, and the California lawsuit over Exxon’s plastics waste. Next, Arthur Brooks, author and AEI president emeritus, gives a mood check on the country as we head into the election. He says, don’t let the election “ruin your life.” Plus, shares of Amazon and...
Published 11/01/24
After leaving Chipotle to lead Starbucks, CEO Brian Niccol has a plan to turn the iconic coffee brand around. Niccol sat for an exclusive interview with Andrew Ross Sorkin after his first eight weeks at the helm of Starbucks; he’s learning from three straight quarters of declining sales and implementing menu, pricing, and timing changes to the coffee chain. Next, SharkNinja manufactures appliances like robot vacuums, air fryers and ice cream makers, and CEO Mark Barrocas says, those are just...
Published 10/31/24
Silicon Valley is split over the 2024 US Presidential election - Elon Musk and Mark Cuban are making waves, while Mark Zuckerberg has chosen to sit this one out. Chris Kelly, Kelly Investments founder and former Facebook general counsel and chief privacy officer, discusses the role of business leaders in this election, the future of Crypto, and Kelly’s support for Vice President Kamala Harris. CNBC’s Robert Frank reports on shares of Trump Media and its rollercoaster trading session. Trump...
Published 10/30/24
A Donald Trump presidency could be worse for the federal budget than a Harris presidency, according to a new report from the Committee For a Responsible Federal Budget. Either way the election goes, CNBC’s Eamon Javers says the deficit will grow. CNBC’s Steve Liesman considers why neither politicians nor the broader public seem to care about America’s soaring debt, and shares his concerns about the deficit’s economic impact. A week out from election day, Axios co-founder Mike Allen says the...
Published 10/29/24
Donald Trump held a rally at Madison Square Garden in New York on Sunday, kicking off his final appeal to voters as election day approaches. One rally speaker, Rep. Byron Donalds (R-Florida), joined the Squawk set the morning after, discussing a rally joke that sparked controversy and the vitriol surrounding this year’s election. Former Rep. Donna Edwards (D-Maryland) suggests that votes for Vice President Harris are votes for a forward-looking administration, and weighs in on the political...
Published 10/28/24
The Wall Street Journal is reporting that Elon Musk has spoken to Russian President Vladamir Putin multiple times since 2022. CNBC’s Eamon Javers discusses the details of the report and what we know so far, including what Putin reportedly asked of Musk, and whether these conversations were known by the US government. Joe Lonsdale, Palantir co-founder and long-time friend of Elon Musk, says he thinks it’s highly unlikely Musk broke rules related to national security. Lonsdale also discusses...
Published 10/25/24
The Federal Reserve will make its next decision on interest rates immediately following election day. Former Fed Governor Kevin Warsh is advising his former colleagues at the central bank to do less talking, and more thinking. Warsh considers the meaning of inflation, the role of the Fed, and offers his perspective on the last decision to cut rates by 50 basis points. The morning after Vice President Kamala Harris’ town hall with Anderson Cooper on CNN, pollster and strategist Frank Luntz...
Published 10/24/24
Pershing Square Capital Management CEO Bill Ackman discusses why, after years as a “centrist,” he is supporting Donald Trump in the 2024 election. Comparing the Harris campaign with Trump's, the hedge funder says a Trump win is “in the best interest of the country.” Ackman also discusses the spread of misinformation online–including in his own posts. Plus, a conversation about treasury yields evolves into a spirited political debate, and billionaire Warren Buffett tells CNBC he will not...
Published 10/23/24
Billionaire and legendary investor Paul Tudor Jones is raising alarms about the U.S. government’s fiscal deficit and the increased spending proposed by both presidential candidates. In an extended interview, he warns that more spending could trigger a sell-off in the bond market. In managing his portfolio, Paul Tudor Jones is betting on commodities and the Nasdaq–but not on fixed income. Plus, Federal Reserve presidents Neel Kashkari and Mary Daly are speaking out on monetary policy, Nike...
Published 10/22/24