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Squawk Pod

21st Century Space Race; AB InBev’s Hot Stock Summer; Buttigieg on a Bipartisan Bill

Squawk Pod

CNBC

Investing, Business News, News, Business

4.2543 Ratings

🗓️ 25 June 2021

⏱️ 33 minutes

🧾️ Download transcript

Summary

President Joe Biden has endorsed the bipartisan framework for an infrastructure bill, but he’s warned Congress that he won’t sign the bill for bridges, roads, and broadband unless his other social programs are make it to his desk. Transportation Secretary Pete Buttigieg discusses the collaboration across the aisle on the hill, and the long road ahead. As live events, bars, and restaurants reopen in full force, Anheuser-Busch InBev is preparing for a busy summer of sips. The world’s largest brewer is up 50% since March of 2020, and in his exit interview, CEO Carlos Brito says his outlook recovery is just as rosy. Plus, banks--and Joe Kernen--are prepared for their worst case scenarios, and it’s a 21st century space race: Bezos versus Branson. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0

Bring in show music please.

0:04.0

This is Squawk Pod. I'm C NBC producer Katie Kramer today on our podcast.

0:09.0

Getting a trillion dollars off the ground.

0:17.0

An infrastructure framework is in place, but not much else, Transportation Secretary Pete Budaget.

0:19.0

I think it's reassuring to see that that kind of legislative work is possible. Now we still got a lot of work

0:24.4

to do this year to actually deliver.

0:27.2

And summer sips with other people, AB and Bev CEO Carlos Brito.

0:33.1

Vaccinations are progressing very fast,

0:35.6

and that is getting consumers back to their normal lives.

0:38.6

The report is dying to grab a beer, to go meet their friends physically. Those stories plus a t-shirt for your issues and

0:45.0

doomsday prepping.

0:47.0

Well positioned for all worst case scenarios

0:50.0

on Wall Street and in Joe Kernan's imagination.

0:53.2

They're here, they're ready to come in here at any second with those

0:56.7

slimy sluthererithy tentacles and like, you know, what are you going to do? It's Friday, finally, June 25th, 2021 and Squack Pod begins right now.

1:06.5

Stand Becky by in three, two, one, cure please.

1:11.1

Good morning, everybody. Welcome to Squack Box here on

1:13.5

cn't be c. I'm Becky quick along with Joe

1:15.8

Kurnan and Andrew is off today.

1:17.6

On every mark, sir.

1:21.6

Oh, do you have a deal?

1:23.0

What do you smile on?

...

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