A Looming TikTok Ban & Cabinet Confirmations 01/17/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 17 January 2025

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

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 - 14:09 Rich Greenfield - 28:28 In this episode: Rich Greenfield, @RichLightShed Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music, please.
0:03.0	Hi, I'm CNBC producer Katie Kramer.
0:07.0	Today on Squawk Pod.
0:09.0	A ceasefire deal between Hamas and Israel ready for approval.
0:13.0	But what happens next? White House advisor, almost Hockstein, brokered the Israel Hezbollah deal,
0:18.0	and he maps out the likely future here.
0:20.0	Day 14 or 16, you begin the negotiations over the phase two for the rest of the hostages
0:25.6	so that you don't have to go back to fighting.
0:27.6	And during that time, you find a political solution.
0:29.6	And TikTok, a U.S. band set for Sunday, and a day later, TikTok's CEO is expected at the presidential inauguration.
0:38.3	Media expert Rich Greenfield explains,
0:40.6	Whether or not it's good for America, it's pretty clear Trump likes TikTok, and Trump is
0:45.8	going to save TikTok.
0:47.2	So you'll probably be able to scroll on.
0:49.9	Could it be a prospective threat?
0:51.8	Sure.
0:52.5	Is it an actual threat, as in they are doing something nefarious right this minute under the direction of the government?
0:59.4	No.
0:59.8	I mean, you have more confidence than that than I do.
1:02.7	Plus, the soon-to-be Treasury Secretary on the Hill and the dangers and dollars in the final frontier.
1:09.1	Jeff Bezos told me that he thought that Blue Origin, his company, would be worth more than Amazon.
1:14.5	Which is worth a lot.
	...

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