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Squawk Pod

Big Tech & Small Business: Sen. Mark Warner & Operation Hope’s John Bryant

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 24 June 2020

⏱️ 26 minutes

🧾️ Download transcript

Summary

Washington is turning up the heat on Silicon Valley. After a whirlwind month of flagged tweets and suggested rollbacks of Section 230, Sen. Mark Warner (D-VA) discusses his hopes for new tech legislation and the risks of the revisions already proposed. As states reopen, entrepreneurs, particularly Black small business owners, are faced with a steep road to recovery. Operation Hope Founder, Chairman, and CEO John Hope Bryant explains what’s needed to support Black business amid a health and social crisis. Plus, fireworks, fireworks everywhere. And not an end in sight.

Transcript

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0:00.0

This is Squawk Pod. I'm C. NBC producer Katie Kramer. Today on our podcast, Big Tech and Small Business.

0:07.0

Washington turning up the heat on Silicon Valley, Alphabet, Facebook, Amazon, Apple, all facing multiple investigations from the DOJ

0:16.4

to Congress to State Attorneys General.

0:18.9

Virginia Democrat, Senator Mark Warner, says politics in the Trump White House could be at play.

0:24.0

If the Justice Department reforms are going to be led by Justice Department of

0:27.3

professionals, that's wonderful.

0:29.0

I just feel that Mr Barr does not have much credibility left in frankly on both sides the aisle these days.

0:35.0

And as the U.S. takes tentative steps toward a reopened economy, the health of small businesses crushed by COVID-19 and social crisis.

0:43.6

Operation Hopes, John Hope Bryan.

0:45.6

Black folks have been doing so much,

0:47.2

with so little for so long, we can almost do anything with nothing.

0:50.2

It's Wednesday, June 24, 2020, Squawk Pod begins right now.

0:55.0

Good morning, everybody.

0:57.0

Welcome to Squawk Box here on C.

0:59.0

I'm Becky Quake, along with Joe Kerner and Andrew Ross Sorkin.

1:02.0

First up on today's podcast, Big Texts Tug of War with Washington, D.C.

1:08.0

last month Twitter broke years of precedent in a decision to fact check President Trump's tweets about voter fraud.

1:15.3

What ensued was a whirlwind from the Oval Office to Silicon Valley to the Department of Justice

1:20.9

and all the online platforms in between.

1:23.0

Twitter CEO Jack Dorsey defended his decision to censor or flag content on the platform

1:29.0

and Facebook CEO Mark Zuckerberg on Squackbox maintained his platform's right to moderate the content

1:34.8

posted there. In general, you know, we've tried to distinguish ourselves as probably

...

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