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Squawk Pod

Bribery Laws, Elon Musk vs. Sam Altman, & Beyond a Ceasefire 2/11/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 11 February 2025

⏱️ 35 minutes

🧾️ Download transcript

Summary

Hamas has postponed its next hostage release, alleging Israel of breaching their ceasefire agreement. Amos Hochstein, former Biden senior advisor and lead broker of the Israel-Lebanon deal, maps out the next incremental steps toward a stable Middle East. In the U.S., a judge has blocked the Trump administration’s proposed cuts to the National Institutes of Health's research funding. Dr. Scott Gottlieb addresses the potential impacts of these funding reductions on clinical studies, and he considers potential cuts to the FDA, as well. Elon Musk is leading an investor group’s $97.4B offer to take over OpenAI; CEO Sam Altman confirmed to CNBC, he is not taking it seriously. Plus, President Trump has paused enforcement of a law banning US companies from bribing foreign officials, claiming it puts American firms at a disadvantage. Amos Hochstein - 15:49 Dr. Scott Gottlieb - 28:34 In this episode: Amos Hochstein, @amoshochstein Dr. Scott Gottlieb, @ScottGottliebMD Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

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0:00.0

Bring in show music, please.

0:04.3

This is SquawkPod, and I'm C&C producer Cameron Costa.

0:08.8

On today's episode, Elon Musk offering over $97 billion for OpenAI,

0:15.8

and President Trump pausing enforcement of laws banning bribery of foreign officials.

0:22.8

You could argue that USAID is basically a massive soft power bribing machine.

0:29.1

And Hamas has postponed its next hostage release.

0:33.5

The man who brokered the Israel-Lebanon agreement last year says reaching stability is an incremental process.

0:40.6

It's Amos Haxton.

0:42.2

Conflicts don't end often with, you know, a decisive moment the way World War II ended.

0:49.4

They end messy, and this is what messy looks like.

0:53.7

Plus, the Trump administration moved to cut national institutes of health research costs until

1:00.7

22 state attorneys general sued and one judge granted the relief they were after. Former FDA

1:08.1

commissioner, Dr. Scott Gottlieb, on the health care agency cuts that may still be coming.

1:13.6

I'm hearing that there's going to be some cuts made to broader health agencies.

1:18.6

Perhaps the FDA, I hope they're going to be judicious how they think about doing any kinds of reductions at the FDA.

1:25.6

It's Tuesday, February 11th, 20255, and SquawkPod begins right now.

1:33.0

Stand Becky by in three, two, one.

1:35.9

Cuea, please.

1:38.3

Good morning, everybody, and welcome back to Squackbox, or welcome to Squawk Box, if you weren't with this yesterday.

1:44.0

This is CNBC, and we are live from the NASDAQ market site in Times Square.

1:48.4

I'm Becky Quick along with Joe Kernan and Andrew Ross Sorkin.

1:52.2

Here we go. It's a Tuesday.

...

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