Good Friday morning. Welcome to Squawk on the Street. I'm Sarah Eisen with Carl Kintania and David Faber. We are live, as always, at Post 9 of the New York Stock Exchange. Coming up this hour, S.K. Hynex getting set to make its U.S. debut this morning in the largest ever listing for a foreign company. And we've got a big interview in just a few moments with the chipmakers chairman. The stock currently indicated around 185 per share after pricing at 149. Huge. Plus, we're getting

you set for a major week of bank earnings as the financial sector lead so far this month.

We'll ask an analyst what to expect ahead of these results and met off to a hot start this

morning on hopes that the company can compete with the big AI leaders. We'll take a closer look

at that move.

But guys, the market, Wall Street is still digesting the news from the new Fed chairman about the

new heads of the task forces. These are, you know, this is what the groups that Kevin Warsh

set up to try to think about things differently and potentially impact-fed policy, everything from

communication to the balance sheet. There were no major surprises in terms of the names. I think that

was a credible, reputable list of serious people, seems to be the consensus on Wall Street.

But what we wanted to do is to dig into some recent quotes from some of the leaders of the

task forces to see what might be in store for Wall Street when it comes to changes at the Fed.

Mark Andreessen, okay, venture capitalist who is going to help oversee the jobs and productivity

task force, recent comment.

The AI job loss narratives are all fake.

AI equals massive ramp in productivity, equals massive ramp in demand,

equals massive jobs boom watch.

Very different than what we hear, for instance, from Dario Amode, of Anthropic and others.

It's a pretty favorable view. Interestingly, he's been, I do think that there has been, I don't know how organized, but an organized

attempt amongst many of the leaders in AI to combat the narrative that it was going to be

a killer.

A killer for jobs.

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