Doing the Math in DC: Senators Thom Tillis & Elizabeth Warren 6/3/26

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2 • 543 Ratings

🗓️ 3 June 2026

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

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Summary

In the Senate Banking Committee room, Senator Thom Tillis (R-NC) and Senator Elizabeth Warren (D-MA) weigh in on Todd Blanche as acting Attorney General and Bill Pulte’s new appointment as acting Director of National Intelligence, and the concept of taxes on AI. Senator Warren does the math on wealth taxes, and Senator Tillis underscores his position with the President. Gearing up for retirement, Sen. Tillis is saying the quiet part out loud–directly to his own party. Plus, Cigna has dropped coverage of GLP-1s for its own employees, CBS has fired veteran correspondent Scott Pelley after a heated meeting about the direction of the network under Bari Weiss, and President Trump has signed an executive order on AI. Emily Wilkins - 12:42 Sen. Thom Tillis - 17:44 Sen. Elizabeth Warren - 32:23 In this episode: Sen. Elizabeth Warren, @SenWarren Sen. Thom Tillis, @SenThomTillis 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 Squawk Pod, and I'm CNBC producer Cameron Costa.
0:08.6	On today's episode, we are squawking on Capitol Hill.
0:12.9	Two very outspoken lawmakers, two political parties, and one Senate banking committee.
0:20.4	This is like the firing line.
0:21.8	Yes, sir.
0:22.6	That's what happens in this town, I think.
0:24.6	Republican Senator Tom Tillis, gearing up for retirement, holds nothing back.
0:29.8	Whoever these people are in the White House need to get the hell out of the White House.
0:33.8	I am tired of amateur hour.
0:35.8	And Democrat Senator Elizabeth Warren, well, she's not retiring, but she doesn't hold back either.
0:42.2	Jeff Bezos knows how to work the system. But the problem is, for hundreds of millions of
0:47.7	Americans, they don't get to work the system.
0:50.2	Each lawmaker responds to the biggest D.C. headlines, like Bill Pulte, named as acting director of national intelligence.
0:58.0	Someone like that should be in charge of the deepest secrets in the United States?
1:04.0	I don't think so, and I don't think anybody's going to go for that.
1:07.0	She could be right.
1:09.0	I don't think he has a prayer being confirmed by the U.S. Senate.
1:11.4	AI taxes, wealth taxes, presidential appointments, and so much more.
1:16.5	We may start one place.
1:17.9	We've no idea by the end of the day.
1:20.2	It is Wednesday, June 3rd, and Squawk Pod begins right now.
	...

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