Expanding Trump Accounts with IRS CEO & SSA Commissioner 07/16/26

Squawk Pod

CNBC

Investing, Business, Business News, News

4.2 • 547 Ratings

🗓️ 16 July 2026

⏱️ 30 minutes

🔗️ Recording | Apple Podcasts | RSS

🧾️ Download transcript

Summary

Frank Bisignano serves as Commissioner of the Social Security Administration & CEO of the IRS, and now he’s being tapped to lead the expansion of Trump Accounts. In an extended interview, the Commissioner discusses stock donations to Trump Accounts and the tech transformation within the IRS. Netflix shares are down over 40% for the past 12 months, but MoffettNathanson analyst Robert Fishman says the stock is a buy ahead of its earnings report. Plus, after a victory over England, Argentina will face off with Spain in the World Cup Final, the New York Yankees are reportedly in talks with Apollo Global Management to raise more money, and global energy markets are digesting the latest action in Iran. Frank Bisignano - 10:49 Robert Fishman - 25:32 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.
0:04.2	Hi, I'm CNBC producer Katie Kramer.
0:07.0	Today on Squawk Pod.
0:09.7	One man, many jobs.
0:11.3	He runs the IRS, Social Security, and now the Trump accounts, investment vehicles for newborns,
0:16.9	Frank Bisignano on the newest public program.
0:19.7	If you want to go to the core, you're going to say, what we want these children to own
0:25.0	is an index fund and see the growth of the index fund and not be single stock focus.
0:32.7	Streaming giant Netflix is poised to report latest financial performance.
0:36.6	What its 300 million plus subscribers need to know, analyst Robert Fishman.
0:40.3	We do think it's a good buy here, a great buy.
0:43.3	And I think the attractiveness of the stock position today is this question whether or not the growth is sustainable.
0:51.3	Plus new tariffs on Brazil, an Uber-sized deal, and watching the rock stars watching the
0:57.4	World Cup. Did you see how perfect that? Oh, had the placement? That perfect. Yeah.
1:03.5	It's Thursday, July 16th, 2026. Squawk Pod begins right now. Stand Becky by in three, two, one. Kill it please.
1:14.3	Good morning, everybody. Welcome to Squawk Box right here on CNBC. We are live from the NASDAQ
1:19.9	market site in Times Square. I'm Becky Quick, along with Joe Curtin and Andrew Ross Sorkin.
1:25.0	In the meantime, the U.S. has levied 25% tariffs on most imports from Brazil, effective next week.
1:31.1	It concluded a year-long investigation into alleged unfair trade practices, including ordering
1:35.8	American tech firms like X, Mehta, and Google to remove certain political content and
1:40.9	suspending accounts of U.S. residents also cited Brazil's preferential
1:44.7	tariffs from Mexico and India, weak intellectual property enforcement and ethanol market
	...

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