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Squawk Pod

Facebook’s DC Defense; Tesla’s Good News; Billionaire Blame Game

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 24 October 2019

⏱️ 37 minutes

🧾️ Download transcript

Summary

Joe Kernen, Becky Quick, and Andrew Ross Sorkin break down Mark Zuckerberg’s testimony on Capitol Hill with Rep. Lance Gooden (R-TX), a member of the House Financial Services Committee who participated in the hearing. Michael Novogratz, CEO and Founder of Galaxy Digital, weighs in on Squawk Box’s ongoing debate about billionaires and the wealth gap in the United States. Plus, Roth Capital’s Craig Irwin shares some good news from Tesla, and Joe has some sick days to spare.

Transcript

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0:00.0

Bring in show music please.

0:03.0

This is Squawk Pod, the daily podcast brought to you by the team behind Squawk Box.

0:08.0

NYC, this is NBC Control 2.

0:10.0

See, NBC's essential morning show.

0:12.0

PCR2. Every day get the best stories, debate, and analysis. See, Berg faces questions from Congress. We'll hear from Lance Gooden, a committee member who

0:23.7

participated in the Facebook CEO's hearing.

0:26.0

Some of it was a general airing of grievances by members from both sides of the aisle.

0:31.7

And investor Michael Novogratz on the American Dream

0:34.7

hitting the campaign trail.

0:36.0

We have a wealth gap in our country

0:37.3

that just doesn't make sense anymore.

0:38.5

60% of America can't afford a $5,000 hiccup.

0:42.4

We've got those stories and much more, Tesla.

0:45.0

Today proved out, you don't want to short, you don't want to short big ideas.

0:48.0

Amazon and bringing germs into the office.

0:52.0

Joe. I'm C.N. I the office. Joe.

0:53.0

I'm C.N.

0:54.0

Cady Kramer, it's Thursday, October 24th,

0:56.0

Squawk Pod begins right now.

0:58.0

Stand back to you by in three, two, one, fuel please.

1:02.0

Good morning, everybody. One. Q please.

1:03.0

Good morning everybody.

...

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