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Squawk Pod

Dr. Oz, MAHA, & David Rubenstein 5/23/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 23 May 2025

⏱️ 54 minutes

🧾️ Download transcript

Summary

Co-founder and co-chairman of the Carlyle Group David Rubenstein addresses President Trump’s latest social media post threatening a 25% tariff on Apple iPhones made outside the U.S., as well as the bond market and the ongoing tension between America’s Ivy League institutions and the Oval Office. Centers for Medicare & Medicaid Services Administrator Dr. Mehmet Oz explains his perspective on Robert F. Kennedy Jr.’s “Make America Healthy Again” effort and proposed changes to Medicaid work requirements and SNAP benefits. Plus, President Trump hosted a dinner with top holders of the $TRUMP meme coin, and the Supreme Court ruled that the President could fire some leaders of independent federal agencies. However, SCOTUS strongly suggested that terminations at the Federal Reserve would be handled differently. MacKenzie Sigalos - 08:16 David Rubenstein - 19:49 Dr. Mehmet Oz - 41:54 In this episode: Dr. Mehmet Oz, @DrOzCMS David Rubenstein, @DM_Rubenstein MacKenzie Sigalos, @KenzieSigalos 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.

0:04.3

Hi, I'm CNBC producer Katie Kramer.

0:07.0

Today on Squawk Pot.

0:09.5

David Rubenstein, the billionaire investor on President Trump's big, beautiful bill, remaking spending.

0:15.8

Whatever passes is almost certainly going to be increasing the debt and the deficit.

0:20.0

And if the Democrats were in control,

0:21.4

probably the same thing would happen.

0:22.9

And trying to remake the economy.

0:25.5

The revenue comes when you tax people in the middle class.

0:28.6

That's where the revenue is.

0:29.9

Unfortunately, people don't want to do that because it's politically difficult.

0:33.9

And from TV to running these Centers for Medicare and Medicaid,

0:37.4

Mehmet Oz on entitlement spending.

0:39.7

The original Medicaid population, the young, the elderly who don't have money, a disabled child,

0:45.1

they actually are less valuable to the health care system than an able-bodied individual who is hopefully going to get a job and move on.

0:52.0

And Dr. Oz weighs in on the movement behind his new boss,

0:55.7

Health and Human Services Secretary Robert F. Kennedy, Jr.

0:58.7

I'm going to give you one word to define Maha.

1:01.1

Curiosity.

1:02.9

Plus, the president's dinner for crypto investors in his meme coin.

1:07.4

What the hell is a meme coin?

1:09.4

Raising a lot of questions about access and influence.

...

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