DNC Wrap-Up with Elizabeth Warren & Q2 Eats with Cava CEO 08/23/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 23 August 2024

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

After the Democratic National Convention’s final night, Senator Elizabeth Warren (D-MA) defends Democratic Presidential Nominee Kamala Harris’ economic plan in a lively debate. CNBC’s Megan Cassella recaps the evening–and the week–of joy from Democrats convening in Chicago. Plus, after lunch spot chain Cava reported healthy quarterly results, CEO and co-founder Brett Schulman shares his plans for fast casual Mediterranean food and his strategy for keeping prices reasonable for consumers. Sen. Elizabeth Warren - 15:11 Brett Schulman - 38:08 In this episode: Sen. Elizabeth Warren, @SenWarren Megan Cassella, @mmcassella Kelly Evans, @KellyCNBC Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C, NBC producer Katie Kramer, today on Squack Pod.
0:09.0	I accept your
0:15.0	nomination.
0:16.0	president of the United States of America.
0:17.0	Kamala Harris becomes just the second woman to be a major party nominee for president.
0:21.0	That's a rap for the Democratic National Convention 24
0:24.4	which had rumors. Was it going to be Beyoncé? Was it going to be Taylor Swift? We
0:28.4	got Governor Roy Cooper introducing Kamala Harris. And some policy and some Republicans.
0:33.0	Well, if Mittens had been, you know, take them.
0:36.0	And don't call it price controls.
0:39.0	Harris's potential ban on price gouging had its start in legislation proposed by
0:44.7	Massachusetts Senator Elizabeth Warren. In the same way that the FTC, for example,
0:51.0	has tools to be able to deal with deceptive pricing and
0:56.1	deceptive advertising it should have the ability to deal with price gouging. She joins us for a spirited debate on inflated prices.
1:06.0	Did you invite me on here just a lecture to me?
1:09.0	No, I just want to ask you, okay.
1:11.0	The whole point is to get markets that are more competitive. Plus there are
1:17.2	taco bell people and there's Chipotle people and Kava people the fast
1:21.6	casual Mediterranean chains leader on taking on the big guys.
1:25.0	Our growth plan is a thousand restaurants by 2032.
1:28.0	Three times as many as you have now, but still only a third of what Chipotle has roughly.
	...

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