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Squawk Pod

Fast Food Economy & America’s AI Regulation 2/12/26

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 12 February 2026

⏱️ 33 minutes

🧾️ Download transcript

Summary

New York State Assemblymember Alex Bores (D) has garnered national attention for his plan to regulate AI, both in New York and across the nation. He explains his view that regulation could support American competitiveness, rather than hinder it. Restaurant Brands chairman Patrick Doyle has a unique view of consumers through the Burger King, Popeyes, and Tim Hortons brands. After years of implementing an effective tech strategy at Dominos, Doyle discusses his plans for fast food innovation. Plus, Emily Wilkins reports on the House’s vote to overturn President Trump’s tariffs on Canada, Cisco stock dropped 7% after earnings, and Corning stock is outperforming its own recent history. Emily Wilkins - 09:28 Patrick Doyle - 21:16 Asm. Alex Bores - 29:18 In this episode: Alex Bores, @AlexBores Emily Wilkins, @emrwilkins Kelly Evans, @KellyCNBC Steve Liesman, @steveliesman Brian Sullivan, @SullyCNBC Cameron Costa, @CameronCostaNY

Transcript

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0:00.0

Bring in show music, please.

0:03.0

This is Squawk Pod, and I'm CNBC producer Cameron Costa.

0:08.0

On today's episode, what the markets value in consumers.

0:13.0

Can we talk chicken nuggets?

0:15.0

Oh, yes. There's this debate about value versus money.

0:19.0

Fast food company restaurant brands, the parent of Burger King, Tim Hortons, and Popeyes,

0:25.6

sees how inflation is impacting consumer diet.

0:29.6

Executive Chairman Patrick Doyle joins us.

0:31.6

We've been very consistent with the values, so we've been doing $5 and $7 dollars. Plus how the U.S. will end up regulating AI and staying competitive.

0:43.3

Maybe they're more intertwined than we expect.

0:46.3

Tech worker turned politician, New York's Alex Boris has a plan.

0:51.3

I think the market actually currently is undervaluing trustworthiness of AI.

0:56.0

The AI that will win in the long term will be trustworthy AI.

0:59.0

And so it's easy for all of us to say we don't want to use Chinese AI.

1:02.0

That's obvious.

1:03.0

If you're in Europe, why do you want to use American AI?

1:06.0

It's Thursday, February 12, 2026, and Squawk Pod begins right now.

1:11.6

Stand by in three, two, one.

1:14.2

Kill it, please.

1:16.9

Good morning and welcome to Squawk Box here on CNBC.

1:20.4

We are live at the NASDAQ market site in Times Square.

1:23.1

I'm Kelly Evans, along with Brian Sullivan and Steve Leesman this morning.

...

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