Squawk Pod

With DeepSeek continuing to dominate the tech headlines, LinkedIn Co-Founder Reid Hoffman weighs in on the state of the AI race and the level of competition as the U.S. and China gear up for an innovation stand-off. Also, the market tries to keep up with the tech world’s reaction to DeepSeek. Plus, billionaire Elon Musk is working with Boeing to find ways to deliver delayed Air Force One replacements faster. And, the Trump administration has unfrozen a freeze on federal grants and loans, while Starbucks reported earnings that beat estimates. Reid Hoffman - 15:40 In this episode:Andrew Ross Sorkin, @andrewrsorkinMichael Santoli, @michaelsantoliLeslie Picker, @LesliePickerKatie Kramer, @Kramer_KatieReid Hoffman, @reidhoffman Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The fate of the Panama Canal hangs in balance as lawmakers spar over whether the U.S. will try to take control of it. Texas Senator Ted Cruz, chairman of the Committee on Commerce, Science and Transportation, offers his thoughts on the geopolitical battle ahead of the committee’s hearing. Plus, MSNBC’s Chris Hayes gives a preview of his new book, “The Sirens' Call: How Attention Became the World's Most Endangered Resource,” discussing how tech companies have monetized attention. Also, President Donald Trump says China's DeepSeek AI “should be a wake-up call” for American tech companies, Google says it will change Gulf of Mexico to ‘Gulf of America’ in the Maps app, and short seller Andrew Left is looking to dismiss his fraud case with the Justice Department. Ted Cruz - 17:59Chris Hayes - 30:21 In this episode:Sen. Ted Cruz, @tedcruzChris Hayes, @chrislhayesAndrew 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.

A massive market sell-off prompts discussion – and fear – around Chinese AI startup DeepSeek; the company’s latest large language model innovation has displaced OpenAI’s ChatGPT in popularity and, possibly, effectiveness. AT&T CEO John Stankey weighs in on the rate of innovation and evolving business models, as well as the state of the wireless market. Plus, Former U.S. Congressman Patrick McHenry (R-North Carolina) discusses international technology and the future of TikTok. Relations between China and the U.S. have reached a possible inflection point. John Stankey - 19:12Patrick McHenry - 31:00 In this episode:Andrew 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.

In an extended interview at the World Economic Forum in Switzerland, Salesforce CEO Marc Benioff tells Andrew Ross Sorkin about the future of technology innovation. Benioff discusses AI, Microsoft, working with the Trump administration, and the White House’s joint venture Stargate, in partnership with SoftBank, OpenAI, and Oracle. Marc Benioff - 3:37 In this episode:Andrew 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.

At the 55th annual World Economic Forum in Davos, Switzerland, Andrew Ross Sorkin sits down with Anthropic CEO Dario Amodei. They discuss Anthropic’s large language model Claude, the future of artificial intelligence, and the AI arms race underway globally. Dario Amodei - 4:50 In this episode:Andrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

BlackRock CEO Larry Fink sits down with Andrew Ross Sorkin and Becky Quick at the World Economic Forum in Davos, Switzerland. Fink discusses the $500 billion Stargate AI project, its potential impact on the economy, and the Fed's fight against inflation. Plus, Fink shares his vision for the future of finance, advocating for the tokenization of equities. He believes this technology could revolutionize how we own and trade stocks and bonds, making investing more accessible and efficient.Larry Fink - 04:43In this episode:Andrew Ross Sorkin, @andrewrsorkinBecky Quick, @BeckyQuick Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Uber CEO Dara Khosrowshahi sits down with Andrew Ross Sorkin at the World Economic Forum in Davos, Switzerland. After President Trump’s executive order to end government EV subsidies, Self-driving cars are just two years away, he says. And, according to Khosrowshahi, Uber doesn’t depend on government subsidies for success in the electric vehicle market. Fresh off his own inauguration party in Washington, Uber’s CEO weighs in on congestion pricing, labor costs, and Donald Trump’s second term while on the ground in Davos. Dara Khosrowshahi - 4:28 In this episode:Andrew 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.

At the World Economic Forum in Davos, Switzerland, Andrew Ross Sorkin sits down for an extended interview with JPMorgan Chase CEO Jamie Dimon. He weighs in on President Trump’s second term and his plan for tariffs, American political sentiment, the impact of geopolitics on finance. Jamie Dimon - 04:25 In this episode:Andrew 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.

Andrew Ross Sorkin sits down with Microsoft CEO Satya Nadella at the World Economic Forum in Davos the morning after President Trump announced Stargate, a joint venture between OpenAI, SoftBank, and Oracle aimed to raise at least $100B for AI infrastructure. Nadella discusses AI’s impact on the labor force and Microsoft’s relationship with OpenAI, despite Salesforce CEO Marc Benioff suggesting a fissure in the relationship. Satya Nadella - 04:41 In this episode:Andrew 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.

It’s the 55th annual World Economic Forum in Davos, Switzerland. While Becky Quick is in Washington covering President Trump’s first week of his second term, Andrew Ross Sorkin is in the Alps with business leaders like Ray Dalio, Bridgewater Founder. The famed hedge funder who authored “Principles” is out with new reading material: “How Countries Go Broke: Principles for Navigating the Big Debt Cycle, Where We Are Headed, and What We Should Do.” In a sit-down interview with Andrew, Ray Dalio explains America’s deficit, ways to navigate a debt crisis, and investing amid a global transition to a new world order. Ray Dalio - 6:56 In this episode:Becky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this special extended episode, Becky Quick speaks to insiders from Wall Street, Washington, and C-suites ahead of President Donald Trump’s inauguration as the 47th President of the United States. Tune in for over 2 hours of conversations with investors like Stanley Druckenmiller and David Rubenstein, Pfizer CEO Albert Bourla, and DC insiders including Senator Markwayne Mullin (R-Oklahoma), Senator Bill Hagerty (R-Tennessee), and Senator Chris Coons (D-Delaware). In this episode:Eamon Javers, @EamonJaversSteve Liesman, @steveliesmanRobert Frank, @robtfrankEmily Wilkins, @emrwilkinsBecky Quick, @BeckyQuickCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Supreme Court ruled to uphold the TikTok ban in the U.S. in a unanimous decision. LightShed Ventures’ Rich Greenfield discusses President-elect Trump’s affinity for the app, and whether, despite the SCOTUS ruling, TikTok will remain functional. The ceasefire deal between Israel and Hamas could be approved this weekend; Amos Hochstein, the White House official who brokered the Israel-Hezbollah deal explains current negotiations in the Middle East, including the imminent exchange of prisoners. Plus, on Capitol Hill, cabinet confirmation hearings continue in the lead up to President-elect Donald Trump’s inauguration. Amos Hochstein - 14:09Rich Greenfield - 28:28 In this episode:Rich Greenfield, @RichLightShedJoe 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.

Israel and Hamas have reached a ceasefire deal, but last minute disputes have held up its approval. Former foreign policy advisor in the Bush Administration Dan Senor explains the nuances of the deal and argues, while it isn’t a good deal for Israel, he still supports it. Plus, President Biden delivers a warning in his farewell address, short seller Hindenburg Research is shutting down, and a number of tech CEOs are headed to Washington, for President-elect Trump’s inauguration. Dan Senor - 10:04 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.

The SEC has filed a lawsuit against Elon Musk, alleging the billionaire underpaid for his shares of Twitter by at least $150 million. In big tech, Microsoft is cutting back on spending, and Meta will lay off 5% of its workforce. Ahead of the inauguration next week, former Speaker Paul Ryan discusses the GOP’s road forward and the unity required for a successful reconciliation bill. As LA plans its future beyond the fires, crisis management expert Eric Dezenhall highlights the political and economic fallout. Plus, Dezenhall’s new book, “Wiseguys and the White House," explores the relationships between U.S. Presidents and gangsters throughout U.S. history. Paul Ryan - 11:21Eric Dezenhall - 26:52 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.

Four business days before he resigns on Inauguration Day, SEC Chair Gary Gensler reflects on his tenure at the agency, his relationship with the crypto community, and his legacy for investors across asset classes. In his exit interview before the SEC transitions to new leadership in a new administration, Gensler discusses legitimacy for various tokens on the blockchain, as well as the future of financial regulation. Plus, China is reportedly considering selling US TikTok to Elon Musk, and European regulators are eyeing big tech (again), and Starbucks is closing an open-door policy. Gary Gensler - 16:35 In this episode:Joe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

As Los Angeles fires continue, LA sports teams have partnered with Fanatics to contribute to the LA Fire Department Foundation and the American Red Cross. 100% of the proceeds from the “LA Strong” team-branded t-shirts will be donated; it’s part of Fanatics CEO Michael Rubin’s plan to support those affected by the devastation. CNBC’s Contessa Brewer offers insight on the efforts to rebuild from her location on the ground in LA. Billionaire investor Marc Lasry is doubling down on his sports investing strategy. He says, while he’s seeing debt financing opportunities in Northern Europe, he’s excited about the returns on sports leagues, especially women’s teams. After buying and selling the Milwaukee Bucks and investing in pickleball, Lasry says he has the cheat code for a successful sports investment. Plus, Meta’s Mark Zuckerberg criticized Apple in a recent interview with Joe Rogan. Marc Lasry - 14:26Contessa Brewer - 32:40Michael Rubin - 38:55 In this episode:Contessa Brewer, @contessabrewerJoe 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.

The Department of Justice and the SEC have filed civil and criminal charges against short seller Andrew Left. In a rare pre-trial interview, Left sits down with Andrew Ross Sorkin to discuss the case, the trades in Nvidia, Tesla, and others that are under scrutiny, and what the litigation means for other activist short sellers, including their posts on social media. Plus, the latest jobs report blew past expectations, CEOs and companies are donating to President-elect Trump’s inauguration, and Rep. Dusty Johnson (R-SD) has introduced a bill that could pave the way for the U.S. to purchase the Panama Canal, while the public considers the implications and debates the necessity of buying Greenland. Andrew Left - 18:30 In this episode:Joe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinZach Vallese, @zachvallese Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Today the nation remembers President Jimmy Carter, whose state funeral is taking place in Washington. Stuart Eizenstat, who served as White House Domestic Policy Advisor under President Carter, delivers one of the eulogies during the funeral; in an interview beforehand, he reflects on his time working with the late President, as well as Carter’s economic legacy. Private equity firms aren’t like they were in the 80s! Steve Klinsky co-founded Goldman Sachs’s Leveraged Buyout Group in 1981, and he’s led his own firm New Mountain Capital since 1999. He reflects on the way the business started, and the type and scale of work he does now. He and his colleagues expect more dealmaking in 2025. Plus, Meta will allow some eBay listings on Facebook Marketplace, and in southern California, fires persist uncontained. Emily Wilkins - 11:45Stuart Eizenstat - 14:55Steve Klinsky - 24:53 In this episode:Joe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkin Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In a news conference lasting over an hour at Mar-a-Lago, President-elect Trump discussed the addition of Greenland, the Panama Canal, and Canada to the United States. Axios senior political reporter Marc Caputo explains that after over a decade of Donald Trump in American headlines, the public should take him seriously–at least some of the time. Trump also weighed in on the changes underway at Meta, including the shift from third party fact checking to a community notes model. Facebook’s first general counsel and former chief privacy officer Chris Kelly discusses what Mark Zuckerberg’s original intentions were, with his platform, and whether social media platforms should be “arbiters of truth.” Plus, fires continue to spread near Los Angeles, and Nvidia CEO Jensen Huang has projected a timeline for useful quantum computing. Chris Kelly - 18:06Marc Caputo - 28:34In this episode:Marc Caputo, @MarcACaputoJoe 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.

With just over a week left in her role as Chair of the Federal Trade Commission, Lina Khan reflects on her four years regulating corporate mergers and acquisitions. In an extended sit down interview, she discusses her hopes for her successor and weighs in on big tech’s goals to stay big in the coming years. Meta is making big changes; the UFC’s Dana White will join the company’s board, and Meta is rolling out “community notes,” ending its third party fact-checking program in favor of a model similar to what’s used on X. Plus, Canadian Prime Minister Justin Trudeau is stepping down. Jon Fortt - 13:26Lina Khan - 23:02 In this episode:Jon Fortt, @jonforttJoe 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.

After House Speaker Mike Johnson’s dramatic reelection, the lawmaker and President-elect Trump are reportedly planning a sweeping, multi-trillion dollar piece of legislation. Former Speaker Kevin McCarthy discusses the GOP’s position heading into the inauguration, as well as the future of DOGE, potential tariffs, and Elon Musk’s role in the incoming administration. During his last weeks in office, President Biden is pushing through executive orders ahead of Trump 2.0. The fitness industry has weathered the pandemic and the rise of GLP-1 weight loss drugs in the past 5 years. Joey Gonzalez, Co-CEO and fitness bootcamp instructor at Barry’s, discusses the GLP-1 impact on his industry and his clientele. Plus, tech CEOs including Apple’s Tim Cook are donating to Donald Trump’s inauguration, and NYC congestion pricing has begun. Kevin McCarthy - 14:54Joey Gonzalez - 30:00 In this episode:Kevin McCarthy, @SpeakerMcCarthyJoey Gonzalez, @BootcampJoeyBecky 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.

Bourbon Street in New Orleans has reopened with a heavy police presence after the New Year’s Day attack that killed 14 people. Walter Isaacson, a Tulane University professor and New Orleans resident, weighs in on the city’s resilience. Next, college football’s inaugural 12 team playoff brought a revenue surge to college sports. Sports Business Journal editor Abe Madkour discusses the blowouts and the tweaks that may come next season. Plus, President Biden has officially blocked Nippon Steel’s $14.9 billion effort to buy U.S. Steel, a U.S. appeals court struck down the FCC’s landmark net neutrality rules, and the U.S. surgeon general issued a warning officially linking alcohol to cancer. Walter Isaacson - 10:02Abraham Madkour - 24:18 In this episode:Walter Isaacson, @WalterIsaacsonBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkKatie 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.

Happy New Year! 2025 brings executive turnover to multiple corporate teams, including Apple, which is replacing its CFO, and Disney, where Morgan Stanley’s James Gorman is helping find a successor to Bob Iger. Dartmouth Tuck School of Business professor Paul Argenti weighs the succession plans at both companies. And this January, we’re in the thick of cold, flu, RSV, and norovirus; former FDA Commissioner Dr. Scott Gottlieb discusses the uptick in illness this winter, as well as potential changes to the U.S. healthcare system. Plus, New York’s congestion pricing looms, and deadly incidents in New Orleans and Las Vegas prompted security concerns on New Year's Day. Scott Gottlieb - 13:26Paul Argenti - 25:32 In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkKatie 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.

In what U.S. Treasury officials described as a “major incident,” a state-sponsored Chinese hacking operation was able to access third-party software to tap into Treasury employees’ desktop computers. Theresa Payton, CEO of cybersecurity company Fortalice Solutions and former White House Chief Information Officer, discusses the implications of the hack. Next, CNBC’s Emily Wilkins breaks down why the last session of Congress is the least productive in the past several decades, enacting 427 pieces of legislation compared to numbers over 1,000 during other recent sessions. Plus, New York City congestion pricing is set to start as planned after a final ruling, and Elon Musk changed his name on X to “Kekius Maximus” and profile picture to Pepe the Frog. Happy New Year! Steve Kovach - 09:35Theresa Payton - 19:45Emily Wilkins - 31:18 In this episode:Theresa Payton, @TrackerPaytonEmily Wikins, @emrwilkinsBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkKatie 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.

Former U.S. President Jimmy Carter died on Sunday at age 100. Roger Altman served as assistant secretary of the U.S. Treasury under President Carter, and he reflects on former President Carter’s legacy in and after the White House. Next, The Wall Street Journal’s Tim Higgins discusses the rift between members of President-elect Trump’s inner circle and Elon Musk over immigration and H-1B visas. He explains about where Trump stands in the Musk-MAGA divide and examines Musk’s influence in political debates. Plus, Trump asked the Supreme Court to pause a law that could ban TikTok, and Treasury Secretary Janet Yellen said the Treasury will need to take “extraordinary measures” to avoid the debt ceiling. While the world mourns Jimmy Carter, the business community also mourns HBO and Cablevision founder Charles Dolan. Roger Altman - 14:08Tim Higgins - 27:52 In this episode:Tim Higgins, @timkhigginsBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkKatie 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.

Recent rifts in MAGA-world have taken place both online and in the House Chamber. On X, Elon Musk is sparring with far-right activist Laura Loomer over HB-1 visas, dividing Musk fans. During the government funding battle last week, President-elect Trump criticized Rep. Chip Roy (R-Texas), a vocal opponent of the Trump-backed spending bill. Rep. Roy explains his and the other 37 GOP votes against the bill, underscoring his commitment to smaller government and responsible spending. Next, Russia rejected a call for an immediate ceasefire with Ukraine but said it’s ready to hold negotiations. Richard Haass, Council on Foreign Relations president emeritus, breaks down the implications. Plus, Netflix set a streaming record with its Christmas NFL games and Richard Parsons, former Time Warner CEO, has died at age 76. Chip Roy - 17:21Richard Haass - 27:03 In this episode:Rep. Chip Roy, @chiproytxRichard Haass, @RichardHaassAndrew Ross Sorkin, @andrewrsorkinMelissa Lee, @MelissaLeeCNBCKatie 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.

Disney has reclaimed the top box office market share this year with “Moana 2,” “Inside Out 2,” and “Deadpool and Wolverine.” CNBC’s Julia Boorstin reports on the booms and the bust of the Lion King prequel “Mufasa.” Next, Aman Advani, CEO of the workleisure company Ministry of Supply, discusses the challenge that President-elect Trump’s tariffs pose to retailers and the potential cost of reshoring. Plus, which tech companies won Christmas? CNBC’s Steve Kovach breaks down the top tech gifts under the tree. Julia Boorstin - 13:12Aman Advani - 16:56Steve Kovach - 25:30 In this episode:Julia Boorstin, @JBoorstinAndrew Ross Sorkin, @andrewrsorkinMelissa Lee, @MelissaLeeCNBCKatie 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.

While Elon Musk’s close relationship with President-elect Trump may seem unprecedented, U.S. CEOs have been fostering relationships with the Oval Office for over a century, according to Tevi Troy of Ronald Reagan Institute. One example: Henry Ford and President Woodrow Wilson in 1915. Next, it’s Christmas Eve! The North American Aerospace Defense Command, or NORAD, is back with its Santa tracking operations for the 69th year. General Gregory Guillot discusses NORAD’s efforts to monitor the airspace and track Santa’s journey. Plus, Trump’s FCC pick sent a stern letter to Disney’s Bob Iger, big banks are suing the Fed over the annual bank stress tests, and Hyundai will give its customers free EV adapters. Happy Holidays! Tevi Troy - 14:11General Gregory Guillot - 23:23 In this episode:Tevi Troy, @TeviTroyJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Private health insurance companies are in the spotlight, as public frustration with the American health system grows. Wendell Potter was once vice president of Cigna, until the work convinced him to quit the industry completely. In a recent op-ed, Potter highlights the pressure shareholders have placed on public health companies, and where the industry can go from here. Next, The Wall Street Journal’s Joanna Stern shares her top tech gift ideas for last-minute holiday shoppers. On her list are yearly digital subscriptions and paid password managers. Plus, lawmakers avoided a government shutdown, President-elect Trump has new picks for his administration, and the Lion King prequel fell flat during its box office opening weekend. Emily Wilkins - 02:28Wendell Potter - 14:37Joanna Stern - 23:45 In this episode:Wendell Potter, @wendellpotterJoanna Stern, @JoannaSternJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A government shutdown looms this Friday, and Congress is scrambling to find a funding bill that both parties will approve. The rush comes after President-elect Trump (and Elon Musk) scrapped a bill, and then a short term bill backed by both Trump and Musk failed to pass on Thursday. Emily Wilkins reports from DC on plans for “plan C,” and Senator Markwayne Mullin (R-Oklahoma) discusses the likelihood of another funding fight after the holidays. Kentucky distiller Michter’s is bracing for the possibility of a 50% tariffs on exports to the EU. CEO Joe Magliocco explains the strain of tariffs on the whiskey business, as well as President-elect Trump’s overnight tariff threat to the European Union. Plus, there’s a new bipartisan push to extend the deadline to ban TikTok. Sen. Markwayne Mullin - 18:17Emily Wilkins - 27:33Joe Magliocco - 33:47 In this episode:Sen. Markwayne Mullin, @SenMullinBecky 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.

The Friday night deadline is looming for Congress to avoid a government shutdown after President-elect Trump, with the help of Elon Musk, sunk a compromise government funding bill. Representative Pete Sessions (R-Texas), DOGE Caucus Co-Chair, discusses where the negotiations stand and says he wants a “clean” continuing resolution without extraneous items. Next, Yale School of Management’s Jeffrey Sonnenfeld shares CEO sentiment on tariffs and RFK Jr., based on a Yale survey of 200 top executives. Sonnenfeld weighs in on leaders like Jeff Bezos visiting Mar-a-Lago ahead of the inauguration. Plus, markets sunk on the Fed’s 25 basis point rate cut and its signals for 2025. Rep. Pete Sessions - 16:42Jeff Sonnenfeld - 26:53 In this episode:Rep. Pete Sessions, @PeteSessionsJeffrey Sonnenfeld, @JeffSonnenfeldBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew 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.

Congressional leaders have unveiled a 1,547-page stopgap spending bill that intends to avoid a government shutdown by the end of the week. The bill includes funding for disaster aid and farmers, reforms for pharmacy benefit managers, pay raises for lawmakers, and more. CNBC’s Emily Wilkins has the latest on the hurdles Congress faces to pass the legislation. Next, MSNBC Morning Joe co-host Joe Scarborough discusses the funding bill, as well as the influence of DOGE on Congress and whether there should be a congressional stock trading ban. Plus, Cris Krebs, SentinelOne chief intelligence officer and former CISA Director, gives his insights on cybersecurity threats under the incoming Trump administration. Joe Scarborough - 21:45Chris Krebs - 32:30 In this episode:Emily Wilkins, @emrwilkinsJoe Scarborough,@JoeNBCJoe Kernen, @JoeSquawkAndrew 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.

Bank of America CEO Brian Moynihan sits down with Becky Quick on the Bank of America trading floor. He discusses his market outlook for 2025, the current state of the consumer, the Federal Reserve’s next move, and the incoming Trump administration, including M&A and tariffs. Next, Senator Amy Klobuchar (D-MN) and Senator Ted Cruz (R-TX) discuss their bipartisan bill: the “Take It Down” Act would force social media companies to remove graphic deep fakes. Plus, Friday is the deadline for funding the government, Trump vows to “knock out” drug industry middlemen, and former TV host Carlos Watson is sentenced to nearly 10 years in prison. Brian Moynihan - 15:03Amy Klobuchar & Ted Cruz - 34:12 In this episode:Sen. Amy Klobuchar, @SenAmyKlobucharSen. Ted Cruz, @SenTedCruzBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinZach Vallese, @zachvallese Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Drones have been spotted flying above New Jersey over the past several days, sparking concern among residents and local lawmakers. New Jersey Representative Mikie Sherrill (D-NJ) serves on the House Armed Services Committee and is urging action and clear communication from the federal government to quell public concern. Elon Musk biographer Walter Isaacson discusses Musk’s DOGE leadership and his relationship with President-elect Trump. A former news editor, Isaacson weighs in on ABC’s $15M defamation settlement with Trump and the flow of CEOs visiting Mar-a-Lago. Plus, the President-elect is reportedly considering privatizing the U.S. Postal Service, and Apple plans to introduce a foldable iPhone. Mikie Sherrill - 14:49Walter Isaacson - 23:51 In this episode:Rep. Mikie Sherrill, @RepSherrillWalter Isaacson, @WalterIsaacsonBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

President-elect Trump has reportedly invited Chinese President Xi Jinping to Washington for his inauguration next month. CNBC Beijing Bureau chief Eunice Yoon says it’s unlikely that Xi will attend, but shares her insight on Trump’s China policy, including the threat of tariffs and his stance on Taiwan. Next, Spanx founder Sara Blakely has a new venture: a high-heeled sneaker called “Sneex.” The self-made billionaire discusses her entrepreneurship journey and inspiration, from shapewear to shoes. Plus, Amazon reportedly plans to donate $1M to Trump’s inauguration, higher egg prices are back, just in time for the holidays, and mysterious drone sightings continue over New Jersey. Eunice Yoon - 15:35Sara Blakely - 23:38 In this episode:Eunice Yoon, @onlyyoontvSara Blakely, @sarablakelyBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew 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.

New bipartisan legislation in Washington aims to break up pharmacy benefit managers after years of scrutiny on PBMs from Congress and the FTC. Health care insurance executive Mark Bertolini is now CEO of Oscar Health, and he spent years leading Aetna and CVS Health. Today, he reflects on American health care, his vision for an improved system, and his own security detail in the wake of UnitedHealthcare CEO Brian Thompson’s murder. In a wide ranging and very personal conversation, Bertolini shares his experience with 18 years of chronic pain and the treatment that changed his life. Plus, Representative Josh Gottheimer (D-NJ) is explaining his edited Spotify wrapped, and Elon Musk is inching closer to trillionaire status, thanks to a new Tesla stock milestone. Mark Bertolini - 17:42 In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Preroll 00:00ad 1 14:28ad 2 36:18TRT 36:44 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Two major corporate deals withered on Tuesday. A judge blocked the pending $25 billion merger of grocery chains Kroger and Albertsons, and President Biden reportedly plans to block U.S. Steel’s $14.1 billion sale to Nippon Steel. Dealmaking on public markets will continue in 2025, according to Lead Edge Capital founding partner Mitchell Green. The Alibaba, Uber, and Spotify backer discusses the IPO window as we wind down 2024. His rationale for a slow year for market debuts: many of the best companies raised enough capital in 2021 and 2022 to hold off on an IPO. Plus, Port of Los Angeles executive director Gene Seroka discusses the potential impact of President-elect Trump’s tariff plans on the supply chain and consumer prices. Mitchell Green - 14:35Gene Seroka - 23:31 In this episode:Joe Kernen, @JoeSquawkAndrew 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.

New York prosecutors have charged Ivy League grad Luigi Mangione with the murder of UnitedHealthcare CEO Brian Thompson, court records show. Though a manhunt is over for now, the health care industry may be ready for change. Next, Carnegie Endowment senior fellow Karim Sadjapour examines the power vacuum in Syria and the new leadership’s agenda for the nation. Plus, Dunkin' Donuts is making waves, but not just in your cup—find out why they’re showing up in bathrooms. And as the holiday travel season ramps up, The Points Guy Brian Kelly shares his top tips on how to maximize travel rewards and save this season.Karim Sadjapour - 16:17Brian Kelly - 26:43In this episode:Karim Sadjadpour, @ksadjadpourBrian Kelly, @thepointsguyBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Rebel forces led by the Islamist militant group Hayat Tahrir al-Sham overtook Damascus, prompting Syrian President Bashar al-Assad to flee the country and seek refuge in Russia. NBC’s Raf Sanchez joins from the Golan Heights border with the latest developments in Syria. Council on Foreign Relations President Michael Froman explains what the Assad’s fall could mean for politics in the Middle East and beyond. Next, the killing of UnitedHealthcare CEO Brian Thompson has sparked security concerns for corporate leaders, as well as a surge of outrage online, as Americans seethe over denied insurance claims. Partnership for New York President Kathy Wylde says the reaction online is almost worse than the killing itself. Plus, TikTok is one step closer to being banned in the U.S., and Juan Soto signed an historic contract with the Mets. Eamon Javers - 02:46Raf Sanchez - 12:17Michael Froman - 17:36Kathy Wylde - 25:47 In this episode:Kathy Wylde, @Partnership4NYCEamon Javers, @EamonJaversRaf Sanchez, @rafsanchezBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew 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.

Two days after a man fatally shot UnitedHealthcare CEO Brian Thompson, NYPD’s manhunt is ongoing. Former Boeing Chief Security Officer Dave Komendat explains how executive security details assess threats to executive leaders, especially as negativity abounds on social media. New York City Mayor Eric Adams discusses safety in the city, as well as housing and immigration in his city. Next, Taylor Swift wraps up her record-breaking Eras Tour this weekend in Vancouver. Kara Reynolds, professor of “Swiftonomics” at American University, discusses the billions of dollars spent by fans across the world to see her perform. Plus, a cryptic post from Roaring Kitty sparked meme stock volatility and President-elect Trump has announced picks for ambassador to China and "AI and crypto czar." Dave Komendat - 16:53Eric Adams - 21:25Kara Reynolds - 37:05 In this episode:Mayor Eric Adams, @NYCMayorBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew 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.

Andrew Ross Sorkin shares highlights from The New York Times DealBook Summit yesterday, including his interviews with Jeff Bezos, Fed Chair Jerome Powell, Prince Harry and former President Bill Clinton. Notable moments included Jay Powell comparing bitcoin to gold, OpenAI CEO Sam Altman calling Elon Musk a “mega hero,” and Google CEO Sundar Pichai’s comments on DEI. Plus, bitcoin has hit $100,000, and Majority Leader Rep. Steve Scalise (R-Louisiana) the race for House Financial Services Committee chairman and his plans to work with a potential Department of Government Efficiency. Rep. Steve Scalise - 27:10 In this episode:Rep. Steve Scalise, @SteveScaliseBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew 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.

South Korean President Yoon Suk Yeol abruptly announced a period of emergency martial law on Tuesday, but reversed the order hours later after backlash from citizens and South Korean Parliament. In France, lawmakers will hold a vote of no-confidence today in Prime Minister Michel Barnier’s minority government. CNBC contributor Michelle Caruso-Cabrera discusses the international politics and economics at play. Next, Philips CEO Roy Jakobs highlights the use of AI in health care, including in imaging, administrative tasks, and patient care. Plus, Andrew Ross Sorkin previews his lineup at today’s New York Times DealBook Summit, President-elect Trump may be rethinking his Defense pick, and Campbell’s CEO is leaving to become an NFL team president. Michelle Caruso-Cabrera - 13:23Roy Jakobs - 29:28 In this episode:Michelle Caruso-Cabrera, @MCaruso_CabreraBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew 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.

Following news that Tesla buyers could be excluded from lucrative EV credits in California, Rep. Ro Khanna (D-California) is urging the state’s leaders to keep manufacturing in the state. In the name of bipartisanship, Rep. Khanna shares a list of agenda items ripe for collaboration across the aisle. Next, Crunch Labs founder and YouTuber Mark Rober discusses how he’s making science cool for kids. The former NASA employee and Apple engineer discusses the creator economy, coding for adults, and taking selfies from space. Plus, Elon Musk lost his bid for his $56B pay package, and Trump vows to block Nippon Steel’s bid for U.S. Steel. Ro Khanna - 14:02Mark Rober - 25:23 In this episode:Rep. Ro Khanna, @RepRoKhannaMark Rober, @MarkRoberBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkKatie 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.

The holiday season is in full swing, and happiness guru Arthur Brooks is offering advice to maximize gratitude into the new year. Host of the “How to Build a Better Life” podcast says Thanksgiving offers a helpful psychology, and that an emphasis on being “grateful, not cheerful” can improve mental health. Next, on this Cyber Monday, Amber Venz Box discusses the rise of live shopping on social media via influencers or creators. She co-founded LTK, a platform that helps influencers earn commissions by connecting them with brands to promote and sell products on social media. She says over a thousand creators on her platform are now millionaires. Plus, President Biden pardoned his son, Intel CEO Pat Gelsinger has retired, Stellantis CEO Carlos Tavares has stepped down, and President-elect Trump has picked Charles Kushner for ambassador to France and Kash Patel for FBI director. Arthur Brooks - 17:20Amber Venz Box - 31:38 In this episode:Arthur Brooks, @arthurbrooksAmber Venz Box, @AmberVenzBoxBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkKatie 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.

Black Friday is here, and while many shoppers are hitting the malls, others are taking advantage of deals on social media. Marketing and social media expert Gary Vaynerchuk highlights the rise of live shopping on social media as a potential disruption to the retail industry. Influencers are making millions of dollars each month through live shopping events on TikTok, he says, much like QVC. Next, Dr. Scott Gottlieb gives his perspective on the future of health care as President-elect Trump’s transition team takes shape, including Trump’s pick of RFK Jr. as health secretary. CNBC’s wealth reporter Robert Frank shares the impact philanthropy has had on the net worth of America’s richest people–and explains why Warren Buffett has already shared his will with his family. Plus, the FTC has launched an antitrust investigation into Microsoft, and Moana 2, Wicked and Gladiator II had a successful Thanksgiving. Dr. Scott Gottlieb - 21:19Gary Vaynerchuk - 34:52 In this episode:Gary Vaynerchuk, @garyveeScott Gottlieb, @ScottGottliebMDBecky Quick, @BeckyQuickSteve Liesman, @steveliesmanRobert Frank, @robtfrankZach Vallese, @zachvallese Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this bonus episode of Squawk Pod, the beloved “Roundball Rock” NBA theme song could make a return to NBC. CNBC’s Alex Sherman shares the latest on the rights to the iconic song and whether fans will hear it when the NBA returns to NBC starting in 2025. The Roundball Rock composer himself, John Tesh, heard us squawking about his song and reacted to it on his podcast. Tesh then joined Squawk Box to share his perspective on the likelihood of a rights deal and his song making a comeback. In this episode: Alex Sherman, @sherman4949John Tesh, @JohnTeshMediaBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew 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.

Israel and Hezbollah reached a permanent ceasefire agreement overnight after nearly 14 months of fighting. In Washington, CNBC’s Eamon Javers discusses the latest picks for Trump’s economic team, and in Silicon Valley, OpenAI is allowing employees to sell about $1.5 billion worth of shares in a new tender offer to SoftBank. Wall Street Journal columnist Peggy Noonan is turning her nearly 25-year-old “Declarations” column into a book. After years of speech writing for Ronald Reagan and writing on American politics, Noonan reflects on our nation’s journey to Trumpian conservatism. Plus, this Thanksgiving, a Squawk Box tradition: Butterball is back with its Turkey Talk-Line, helping holiday cooks avoid turkey turmoil. Supervisor Bill Nolan shares this year’s turkey trends and tips for the perfect bird. Eamon Javers - 03:23Peggy Noonan - 17:28Bill Nolan - 28:52 In this episode: Peggy Noonan, @PeggynoonannycEamon Javers, @EamonJaversBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinZach Vallese, @zachvallese Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

President-elect Trump says he plans to raise tariffs by an additional 10% on China and impose 25% tariffs on Mexico and Canada. CNBC’s Megan Cassella talks through the latest reporting on Trump’s plans for tariffs on day one of his administration. Next, the U.S. has finalized a $7.9B award to Intel to fund chips projects. Chris Miller, Tufts Fletcher School professor and ‘Chip War’ author, discusses the future of semiconductor legislation in a second Trump administration, as well as the global competition for US chipmakers. Ahead of Thanksgiving, chef, restaurateur, and Eataly partner Lidia Bastianich shares her turkey dinner tips amid rising food prices and her experiments with a surprising ingredient: crickets. Plus, Walmart pulls back on DEI efforts and Qualcomm’s interest in taking over Intel is reportedly waning. Megan Cassella - 03:51Chris Miller - 19:23Lidia Bastianich - 27:55 In this episode:Megan Cassella, @mmcassellaChris Miller, @crmiller1Lidia Bastianich, @LidiaBastianichBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew 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.

President-elect Trump’s Treasury Secretary pick Scott Bessent prompted a positive market reaction as the last few cabinet roles are filled. Sports team owner Mark Wilf had a big weekend, scoring a trifecta of wins for his teams: Orlando Pride, Orlando City, and the Minnesota Vikings. He discusses the Pride’s first NWSL championship victory and his return on investment in women’s sports. Plus, Wicked and Gladiator II made a splash at the box office this weekend, Novak Djokovic names long-time tennis rival Andy Murray as his new coach, and the Squawk anchors talk gift ideas heading into the holidays. Mark Wilf - 19:14 In this episode:Becky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew 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.