meta_pixel
Tapesearch Logo
Log in
Closing Bell

Closing Bell Overtime: Can Montana Actually Ban TikTok? With David Sacks & Sal Khan On Bringing AI To Education 5/19/23

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 19 May 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

Indices closed lower, snapping a two-day win streak. G Squared Private Wealth’s Victoria Greene and BNP Paribas’ Carl Riccadonna break down the market action. After testifying in front of the Senate oversight committee on financial regulation, Acting Comptroller of the Currency Michael Hsu joins to talk steps to restore confidence in the banking system. David Sacks, Craft Ventures co-founder, on Montana’s TikTok ban and if there is any chance it actually sticks, plus investing in China during high geopolitical tensions. Cadre CEO Ryan Williams discusses opportunities in the distressed commercial real estate sector and where he sees the most upside. Plus, how Blue Origin landed a NASA contract and Khan Academy Founder Sal Khan on bringing AI to education.

Transcript

Click on a timestamp to play from that location

0:00.0

A down day but an up week for stocks that's the scorecard on Wall Street

0:05.4

but the action is just getting started. Welcome to closing bell overtime

0:07.8

I'm Morgan Brennan with John Fort coming up this hour acting comptroller of the

0:12.0

currency Michael Sue joins us to talk

0:14.2

about the latest drama in the regional banks that certainly had an impact on the

0:17.4

markets today as Janet Yellen reportedly raises a red flag about the potential

0:22.0

need for more mergers.

0:23.2

Plus we're going to talk to Khan Academy founder Sal Khan about how artificial

0:27.3

intelligence is changing the game for education companies.

0:31.6

Markets turning lower in midday trading after downbeat debt ceiling negotiations, or at least some

0:35.9

commentary about that.

0:37.7

Also some hawkish talk from Fed Chair Powell if you want to call it that, but recovering

0:41.1

some of the losses by the afternoon.

0:43.0

Let's get to the action with our panel.

0:44.8

Joining us now is Victoria Green, G-squared, private wealth

0:47.6

CIO and a C NBC contributor.

0:49.6

We also have Carl Rickadonna, BMP Parabass, Chief U.S. Economist for Markets 360.

0:56.8

Good afternoon to you both.

0:58.3

Victoria, I'll start with you.

1:00.6

The fact that we did see, and with the S S&P we were down fractionally.

1:04.6

We ended down around 4193.

1:08.0

Technicals have been in focus, particularly the last 24 hours or so.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.