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House GOP in final push to pass budget

House GOP in final push to pass budget

Squawk Box Europe Express · CNBC International

May 22, 202525m 38s

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Show Notes

The House of Representatives holds an all-night session as the GOP looks to push President Trump’s budget bill. The proposed tax cuts are expected to add trillions of dollars to the country’s deficit in the next 10 years. As a result, European markets are in the red and are due to track Wednesday’s disappointing session. And in tech news, Open A.I. is to buy the A.I. device start-up belonging to former Apple designer Jony Ive. The all-stock deal is said to be worth $6.4bn.

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stock market newsmarket newsKaren TsoEurope business newssquawk box podcastArabile Gumedeeurope cnbcCNBC LondonEuropean business newseurope squawk boxGeoff CutmoreCNBC podcastCNBC EuropeSteve SedgwickCNBC podcastsSquawk Box EuropeCNBC InternationalEurope newsstocksCNBCinvestingmarketsPOLITICSEconomicsmoneyFinancial MarketsSquawk BoxBusiness NewsPRESIDENT TRUMPU.S. BUDGET BILLOPEN A.I.APPLEJONY IVE