Bill Pulte, A UAW Strike in Ohio, & the ‘Good Genes’ Payoff 9/4/25

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 4 September 2025

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

U.S. housing regulator Bill Pulte began the campaign to remove Federal Reserve Governor Lisa Cook from her post. He explains his allegations against Lisa Cook and her colleagues at the central bank. Hundreds of employees at GE Aerospace facilities in Ohio are entering their eighth day on strike. Their representative, United Auto Workers President Shawn Fain, discusses the deal he rejected, the demands on the table, and the future of American auto manufacturing. Plus, American Eagle reported positive results from its controversial ad campaign with Sydney Sweeney, the NYC mayoral race is back in the headlines, President Trump is attempting to save his tariffs in the courts, and the White House has invited tech CEOs to the building’s brand new patio. Shawn Fain 19:42 William J. Pulte 35:09 Shawn Fain, @ShawnFainUAW William J. Pulte, @pulte Eamon Javers, @eamonjavers Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Klaire Odumody, @klairemarie

Transcript

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0:00.0	Bring in show music, please.
0:04.5	Welcome to Squawk Pod.
0:06.3	I'm CNBC producer Claire Odomody on today's podcast.
0:10.6	The housing regulator going off to Federal Reserve Governor Lisa Cook.
0:14.5	Bill Palti of the Federal Housing Finance Agency seems to have uncovered fraud at the highest levels of the central bank.
0:21.6	He postponed a planned press conference today about the allegations, but he joined the
0:26.2	Squawkbox team.
0:27.7	What she did was wrong.
0:28.9	The fact that she hasn't come out and said, hey, these aren't my documents or some rational
0:33.9	explanation for this alleged crime.
0:36.2	Why is she not doing it?
0:37.1	It doesn't make any sense.
0:38.3	Hundreds of workers at GE Aerospace Facilities in the Midwest have been striking for a week,
0:43.7	their labor leader, United Auto Workers Head, Sean Fane, on what's at stake.
0:48.5	I challenge anyone to look me in the eye and tell me that GE can't afford $4 million to eliminate health care premiums
0:56.2	when they can pay $16.3 billion in dividends and buybacks.
1:00.2	Plus, the rest of today's news that got us squawking from New York City's mayoral race
1:05.4	to the White House's brand new patio are Eamon Javas on the tech CEOs coming to dinner.
1:11.8	You need to be on the good side of this White House and you need the president to see you as
1:15.5	somebody who is an enthusiastic supporter or at least an enthusiastic attendee of his events.
1:20.5	It's Thursday, September 4th, Squawk Box has been going strong since 1995.
1:27.2	Today's Squawk pod begins right now.
	...

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