Squawk Pod

From the Aspen Ideas Festival, Carlyle Group co-founder and co-chairman, David Rubenstein, discusses the state of the 2024 race, the Fed’s inflation fight, the state of the economy, and his MLB team ownership.  European Union regulators claim that Apple has breached new digital competition laws by preventing app developers from guiding consumers to more affordable services. Joe Lonsdale, founding...

New York Governor Kathy Hochul has signed two bills into law to regulate digital platforms' algorithms and the use of children's data, aiming to protect children and teens online. Gov. Hochul discusses the impact of the first-in-the-nation legislation and also addresses the future of congestion pricing in New York City. Jared Bernstein, Chair of President Biden’s Council of Economic Advisers, disc...

Surgeon General Dr. Vivek Murthy paints a stark picture of the mental health crisis among young people, the impact of social media, and explains his  call for warning labels on social media platforms. And CNBC's Emily Wilkins reports on how crypto companies are trying to influence Washington ahead of the November election. Ahead of oral arguments in a case from the SEC, Kraken CEO Dave Ripley shar...

President of the Federal Reserve Bank of Cleveland Loretta Mester has served under 4 different Fed chairs, including Jay Powell. She discusses the Fed’s commitment to hitting their 2% target rate of inflation and the central bank’s road to rate cuts. Just a few weeks shy of her Fed retirement, she reflects on years of monetary policy.    In this episode: Steve Liesman,  @steveliesman Becky Quick,...

Senator Elizabeth Warren (D-MA) is taking on big banks and Federal Reserve Chair Jay Powell, to whom she says, “do your job.” She has a spirited conversation with Becky Quick and Joe Kernen about the Fed, the banking system, and tax code fairness. And after the  Surgeon General’s warning on social media’s harm to kids, former FDA Commissioner Dr. Scott Gottlieb discusses the science proving social...

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 gove...

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, a...

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 repo...

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...

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 implicatio...

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...

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...

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 mu...

In a rare interview, Tesla Chair Robyn Denholm discusses the  upcoming shareholder vote on Elon Musk’s pay package. She discusses Musk’s leadership and Tesla’s growth trajectory. New York Governor Kathy Hochul has  paused the NYC congestion pricing plan indefinitely; NJ Representative Josh Gottheimer explains why he and many other New Jerseyans are celebrating. Plus, Nvidia has hit the $3T mark, a...

At the Tesla shareholder meeting on June 13th,  shareholders will vote (again) on Elon Musk’s compensation package. Longtime Tesla believer and billionaire Ron Baron says he’s voting for the package. In an extended interview, Baron discusses the billions of dollars he has wrapped up in the ‘Elon Musk Ecosystem,’ and how each venture will eventually help the others. CNBC’s Diana Olick explains the...

Jeffrey Katzenberg led The Walt Disney Studios, he founded DreamWorks, he made Shrek, and now he’s doubling down on tech and cybersecurity investing at WndrCo. Katzenberg and Sujay Jaswa, his co-founder at  WndrCo, discuss their $460m raise and their bets on AI’s impact across tech and entertainment. Plus, the Hollywood mogul comments on the  potential Paramount-Skydance merger and his faith in Bo...

GameStop's stock surged again , fueled by speculation that Keith Gill might hold a significant position in the video game retailer. CNBC's Dominic Chu discusses the meme stock craze. Reid Hoffman, a partner at Greylock and co-founder of Inflection AI and LinkedIn, talks about the launch of 'Reid AI,' his own 'digital twin.' He (the real Hoffman) shares his thoughts on the future of AI, the dangers...

Former President Donald Trump was found  guilty on 34 felony counts  of falsifying business records related to a hush money payment made to a porn star before the 2016 election. Following the verdict, Trump's  campaign raised $34.8 million  from small-dollar donors in less than seven hours, nearly doubling its single-day fundraising record and crashing the donation website. CNBC’s Brian Schwartz d...

Foot Locker  posted better-than-expected comparable sales as CEO Mary Dillon’s turnaround plan shows signs of success. Dillon discusses the company’s “Lace Up” strategy, innovations in sneakers, and catering to all kinds of consumers. The Wall Street Journal’s Emily Glazer shares her scoop: former President  Trump is considering a special advisor role for Elon Musk , should he win the presidency....

After two  activist investors pushed ExxonMobil to reduce emissions , the company sued the activists, prompting them to withdraw their proposal. The litigation has cost ExxonMobil’s board the support of CalPERS, the largest public pension fund in the U.S. and a $1B stakeholder in Exxon. CalPERS CEO Marcie Frost discusses her position ahead of the company’s shareholder meeting on Wednesday, and U.S...

The McDonald’s $5 value meal is coming in June, aimed at relieving inflation-weary consumers. But franchisees are also inflation-weary; Scott Rodrick, a franchisee in California, discusses the pressures at his restaurants and the difficulty of offering value in a high-cost environment. The Department of Justice has filed an  antitrust lawsuit against Live Nation , aiming to split up the parent com...

Dan Doctoroff is the New Yorker largely responsible for rebuilding New York after 9/11. The legacy of his long career in business and government includes his oversight as deputy mayor in the creation of now-iconic spots: Hudson Yards, the High Line, Brooklyn Bridge Park, the new World Trade Center. Doctoroff reflects on his life and career two years after receiving his ALS diagnosis and shortly af...

The NCAA has signed off on a deal that could change college sports–and student athletes–forever. Chair of Carolina Coastal University Athletics Joe Moglia discusses the $2.8B that could be coming to college players over the next decade, as well as the winners and losers in a new business plan for university athletics.  Elon Musk says he doesn’t support President Biden’s tariffs on Chinese EVs, Nov...

The Department of Justice has sued Live Nation , the parent of Ticketmaster. Attorney General Merrick Garland alleged that the company “relies on unlawful, anticompetitive conduct to exercise its monopolistic control over the live events industry in the United States at the cost of fans, artists, smaller promoters, and venue operators.” Tim Wu, former Special Assistant to the President for Technol...

The 2024 campaign cycle is in full swing. Pollster Frank Luntz discusses the candidate appeals to voters, and the first debate’s details that remain unconfirmed. President Biden announced a  plan to forgive $7.7B in student loans , former President  Trump will start accepting crypto donations , and challenger  Robert F. Kennedy Jr. is rallying retail traders on X.   Plus, Urban Outfitters brands F...