Differing Democrats & SCOTUS Decisions 7/1/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 1 July 2024

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In the wake of the first Presidential debate, President Biden’s campaign is fundraising and rallying support despite a disappointing performance. Andrew Ross Sorkin, CNBC’s Megan Cassella, and Axios correspondent Alex Thompson share their respective reporting from different sources across the Democratic party. The Supreme Court has overturned a 1984 decision called ‘Chevron,’ which set a precedent for lower courts to defer to federal agencies when interpreting ambiguities in laws passed by Congress. Former FDA Commissioner Dr. Scott Gottlieb explains what work the FDA has done under Chevron, and he outlines the challenges that lie ahead, after the new ruling. Plus, the summer box office is ‘Inside Out’ and heating up, and so are politics in France. Megan Cassella - 13:15 Alex Thompson - 15:56 Dr. Scott Gottlieb - 28:35 In this episode: Megan Cassella, @mmcassella Dr. Scott Gottlieb, @ScottGottliebMD Alex Thompson, @AlexThomp Becky Quick,@BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin,@andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer, today on Squack Pod. Where President Biden stands in his own party.
0:12.7	After a tough first debate,
0:14.2	Axios correspondent Alex Thompson reports.
0:17.2	The only one that can get out of this race is Joe Biden.
0:19.6	The party cannot force him off the ballot.
0:21.4	He won the primary. The state of fundraising, the Democratic Party, and a weekend of presidential press.
0:28.0	It was pre-planned, I swear.
0:30.0	By the way, that part's true because they were there to take a picture with Andy Leibowitz.
0:35.2	And a Supreme Court decision that could undercut federal agency authority,
0:39.8	former FDA Commissioner Dr Scott Gottlieb on overturning Chevron.
0:44.0	You're going to have to go back to Congress in many cases, get explicit authority if you want
0:48.7	to extend the agency's jurisdiction into a new product area.
0:52.0	Those stories, plus it's a busy week for elections around the world and for summer movies.
0:59.0	I have to say, I can't wait to say that one too.
1:01.0	It's Monday, July 1st, 2024. Squack Pod begins right now.
1:07.0	Stand Becky by in three, two, one, kill please.
1:14.7	Good morning, everybody, and welcome to Squackbox right here on
1:17.8	C. M.C.
1:18.5	We are live from the Nesdac Market site in Times Square.
1:21.8	I'm Becky Quick, along with Joe Kernan and Andrew Ross Sorkin.
1:25.0	And Andrews, nice to have you back in the studio.
	...

Please login to see the full transcript.

Previous episode | Next episode

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.