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Squawk Pod

FDA’s Dr. Makary on Women’s Health & Warren Buffett’s Update 11/11/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 11 November 2025

⏱️ 31 minutes

🧾️ Download transcript

Summary

The Senate has approved a funding package for the government, a first step in ending the shutdown. Facebook co-founder Chris Hughes offers his critique of the Trump administration’s tariff policy. He discusses the differences between industrial policy and “state capitalism,” and weighs the impacts of these policies on innovation. The FDA is removing a longtime warning for women considering hormone replacement therapy for menopause. FDA Commissioner Dr. Marty Makary addresses critics’ concerns about making this radical policy change without a large body of evidence to support it. Italy’s biggest pasta exporters are preparing to pull products from U.S. shelves in the new year, a response to President Trump’s 107% tariffs on Italian imports. Plus, Warren Buffett shared an update on Berkshire Hathaway and his own health in a Thanksgiving letter. Chris Hughes - 11:47 Dr. Marty Makary - 21:38 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 Pod.

0:09.0

Rule, by deal?

0:11.0

The provocative take Facebook co-founder Chris Hughes has on the Trump 2.0 strategies toward tariffs,

0:18.0

revenue, and business investment.

0:20.0

The point I'm making in the piece isn't that industrial policy is bad in and of itself.

0:24.9

It's rather that we need to have a comprehensive institutional approach.

0:29.7

A landmark change from the FDA removing a long time and chilling warning for women in

0:36.1

menopause considering hormone replacement therapy,

0:38.8

Commissioner Marty McCurry.

0:40.4

We're going to be removing those black box warnings.

0:42.5

We want women to have the right information.

0:44.7

A radical shift in directives that some critics say may be short on evidence.

0:49.8

We'll get into it.

0:50.9

Arguably, with the exception of antibiotics and vaccines, there may be no medication

0:55.6

that can improve the health outcomes of women on a population level more than hormone replacement

1:01.8

therapy. Plus, pasta prices. Warren Buffett says he's going quiet, sort of. And the government

1:09.7

shutdown on the way to reopening, but not without some painful consequences

1:13.9

due to the longest shutdown in history.

1:16.3

Someone's got to be there.

1:17.3

Someone's got to be there, sure, but we should also pay them.

...

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