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Squawk Pod

Crisis Averted: Joe Scarborough on Congressional Spending & Cyber Expert Chris Krebs 12/18/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 18 December 2024

⏱️ 36 minutes

🧾️ Download transcript

Summary

Congressional leaders have unveiled a 1,547-page stopgap spending bill that intends to avoid a government shutdown by the end of the week. The bill includes funding for disaster aid and farmers, reforms for pharmacy benefit managers, pay raises for lawmakers, and more. CNBC’s Emily Wilkins has the latest on the hurdles Congress faces to pass the legislation. Next, MSNBC Morning Joe co-host Joe Scarborough discusses the funding bill, as well as the influence of DOGE on Congress and whether there should be a congressional stock trading ban. Plus, Cris Krebs, SentinelOne chief intelligence officer and former CISA Director, gives his insights on cybersecurity threats under the incoming Trump administration. Joe Scarborough - 21:45 Chris Krebs - 32:30 In this episode: Emily Wilkins, @emrwilkins Joe Scarborough,@JoeNBC Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0

Bring in show music, please.

0:04.3

Hi, I'm CNBC producer Katie Kramer.

0:07.0

Today on Squawk Pot.

0:09.4

No lump of coal for Congress, a deal to avert government shutdown.

0:13.6

Ever seen a bigger piece of pork?

0:16.6

Oh, pork.

0:17.5

But it's huge.

0:18.7

1,500 pages, says our Emily Wilkins.

0:21.8

It just includes so many additional provisions plus that funding.

0:25.6

And it may make it tough for Republican leaders, host of Morning Joe and former Congressman

0:30.8

Joe Scarborough.

0:32.0

You're going to have to have a unity government in the House of Representatives.

0:35.9

And security expert Chris Krebs joins us on ways we can curb China's cyber breaches.

0:42.3

Tariffs could work, but I think they're a cudgel at this point rather than a really precise

0:46.8

tool.

0:47.9

Plus a possible mega merger in the car industry, an AI staffing boom for Salesforce.

0:54.1

And is Elon Musk a security risk in the new Trump world?

0:57.8

When to bring up the baggage for advisors, for senators like Elizabeth Warren, for anyone?

1:03.8

Every time it gets pointed out for her.

1:06.1

What about Trump?

1:07.1

Every time it gets pointed out for it.

1:08.7

There you go. Maybe more.

...

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