FTC’s Lina Khan Gives An Exit Interview & Meta Makes Big Changes 01/07/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 7 January 2025

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

With just over a week left in her role as Chair of the Federal Trade Commission, Lina Khan reflects on her four years regulating corporate mergers and acquisitions. In an extended sit down interview, she discusses her hopes for her successor and weighs in on big tech’s goals to stay big in the coming years. Meta is making big changes; the UFC’s Dana White will join the company’s board, and Meta is rolling out “community notes,” ending its third party fact-checking program in favor of a model similar to what’s used on X. Plus, Canadian Prime Minister Justin Trudeau is stepping down. Jon Fortt - 13:26 Lina Khan - 23:02 In this episode: Jon Fortt, @jonfortt 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	Lena Kahn's exit interview, after four years of policing America's biggest players,
0:15.0	she's standing by her work chairing the Federal Trade Commission.
0:18.0	Not once did I hear that the answer to our economic
0:21.6	challenges is more monopolization or more consolidation or more mergers. Will her departure mean
0:28.2	more mergers and acquisitions? Some companies are already poised for deals in 2025.
0:34.0	You think it's any coincidence that there's deal after deal? I anticipate that there's going to be a deal announced every day.
0:40.0	Meta making moves online, scrapping fact-checking and bringing back political content.
0:45.5	Interesting timing?
0:46.6	Four years is a long time.
0:48.0	No one wants to be left out in the cold.
0:50.9	Plus changes in Ottawa at the Fed and your calendar, but is it too late for a certain greeting?
0:57.6	Happy New Year. Happy New Year. Happy New Year. Late.
1:00.0	But you're not supposed to say that.
1:02.1	It's Tuesday, January 7th, 2025. Squawk Pod begins right now.
1:08.0	Stand back you by in three, two, one.
1:11.2	Cuel, please.
1:16.7	Good morning, everybody, and welcome to Squawk Box right here on CNBC.
1:19.2	We're live from the NASDAQ market site in Times Square.
1:22.7	I'm Becky Quick, along with Joe Kernan and Andrew Ross Sorkin.
	...

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