Fed Meeting Kicks Off, Faber Report on TikTok, Exclusive: Rivian CEO 9/16/25
Squawk on the Street
CNBC
4.1 • 567 Ratings
🗓️ 16 September 2025
⏱️ 48 minutes
🧾️ Download transcript
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| 0:00.0 | Market moving insight and analysis join Jim Kramer, David Faber, me, Carl Kaintena, on the opening bell hour of CNBC Squawk on the Street. |
| 0:08.0 | Good Tuesday morning, welcome to Squawk on the Street. I'm Carl Kintanio with Sarah Eisen and David Faber |
| 0:13.0 | at post nine to the New York Stock Exchange. Kramer has the morning off. Pre-market solid as the triple Q's go for a 10th straight gain. |
| 0:20.0 | That's the longest streak since 23. Fed meeting |
| 0:23.1 | does begin with Stephen Myron and Lisa Cook. Retail sales were sturdy, although so were |
| 0:28.0 | import prices, highest in about a year and a half. A roadmap begins with stocks continuing |
| 0:32.7 | to hit these new record highs, the Mag 7 leading the charge with Alphabet and Tesla. Retail sales did come in hotter than expected as the Fed kicks off that two-day meeting. |
| 0:42.3 | Of course, the focus will be interest rates. |
| 0:44.3 | It comes as an appeals court rules that Fed Governor Lisa Cook can continue to serve on the Fed board. |
| 0:50.3 | And Rivian, breaking ground on a long-delayed $5 billion EV plan in Georgia. |
| 0:55.8 | Founder and CEO will join us this hour. |
| 0:58.2 | Let's get to the markets this morning. |
| 0:59.9 | S&P NASDAG, both closing at new records again powered by the MagS7 names. |
| 1:04.6 | Investors gearing up for this week's Fed meeting kicks off today with the federal appeals court yesterday, |
| 1:09.6 | ruling that the president cannot fire |
| 1:11.4 | Governor Cook before the central bank votes on rates. Also, the Senate confirming the president's |
| 1:16.1 | pick, Stephen Myron, to join the Fed Board of Governors. Myron will participate in this two-day |
| 1:21.4 | meeting. Senate vote 47-47. VP breaks the tie. A lot of, actually five senators did not vote, including, I think, some GOPers as well. |
| 1:31.8 | Yeah, Murkowski voted against him. |
| 1:34.2 | They were worried about, I don't know why, but they're worried about the fact that he did not resign his post as the Council of Economic Advisors, |
| 1:41.2 | although he is taking an unpaid leave. |
| 1:43.5 | And this is only a position, |
... |
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