Elon Musk, Sued! CEOs & the GOP with Fmr. Speaker Paul Ryan 01/15/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 15 January 2025

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

The SEC has filed a lawsuit against Elon Musk, alleging the billionaire underpaid for his shares of Twitter by at least $150 million. In big tech, Microsoft is cutting back on spending, and Meta will lay off 5% of its workforce. Ahead of the inauguration next week, former Speaker Paul Ryan discusses the GOP’s road forward and the unity required for a successful reconciliation bill. As LA plans its future beyond the fires, crisis management expert Eric Dezenhall highlights the political and economic fallout. Plus, Dezenhall’s new book, “Wiseguys and the White House," explores the relationships between U.S. Presidents and gangsters throughout U.S. history. Paul Ryan - 11:21 Eric Dezenhall - 26:52 In this episode: Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm CNBC producer Katie Kramer.
0:07.0	Today on Squawk Pot.
0:09.0	Former House Speaker Paul Ryan, he swapped the Hill for C-suite consulting,
0:14.0	and he says there's optimism heading into the inauguration.
0:18.0	The CEO see, you know, an A-teamam being put in place on the economy, and they're ready
0:22.5	to go.
0:23.5	But the key for the GOP is delivering on all that promise.
0:27.9	It's all about not having Republican factionalism erupt, because if you break into factions,
0:32.5	you can't get your agenda passed, especially with these narrow margins.
0:36.6	And where Los Angeles' leadership lands, as the city plans a rebuild after wildfires,
0:41.5	crisis management expert Eric Dzenhall.
0:43.8	The only thing that matters in this news cycle is blame.
0:46.8	Nobody wants to talk about solutions.
0:48.5	It's all about blame.
0:50.4	All that today.
0:51.8	Plus, the SEC has sued Elon Musk.
0:54.9	Microsoft is cutting back.
0:56.7	And Zuckerberg, who?
0:58.2	The evolution of the world's third richest man.
1:00.9	He totally is not the same mark Zuckerberg.
1:02.6	Well, I think it actually started with the mixed martial arts training.
	...

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