Home Depot’s Deal, TikTok’s Voter Divide, & SBF’s Sentencing 03/28/24

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 28 March 2024

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

Home Depot has made an $18B deal for SRS Distribution, attempting to expand its reach among home improvement professionals, and Federal Reserve Governor Chris Waller says he’s in no rush to cut interest rates. Ahead of FTX founder Sam Bankman-Fried’s sentencing, Puck founding partner Teddy Schleifer considers the implications of the court proceeding, both for SBF and for America’s criminal justice system. Plus, TikTok has launched a $2.1 million advertising campaign aimed at Senators. CNBC’s Steve Liesman reports that the divest-or-ban TikTok bill in Congress has split support among voters in CNBC’s latest All America Survey. He joins Yale Lecturer Joanne Lipman and NYU’s Co-Director of the Center for Social Media and Politics Josh Tucker in a discussion about TikTok’s role in young voter behavior and the future of American democracy. Steve Liesman - 8:42 Teddy Schleifer - 16:49 Joanne Lipman - 30:16 Josh Tucker - 30:16 In this episode: Teddy Schleifer, @teddyschleifer Steve Liesman, @steveliesman Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer: @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer, today on Squawk Pod.
0:08.0	Sentencing Day, Sam Bankman Freed faces years in prison following the massive fraud conspiracy and
0:14.8	collapse of crypto platform FTX.
0:17.4	Pucks Teddy Schleifer on the story.
0:19.2	When you think about the big picture here about what is the role of a judge a prison you know you have to
0:24.0	consider things like is this person going to be safe you know should we care
0:27.0	about his kind of mental condition over the next 45 years of his life Tic Talk in the voting booth.
0:32.5	How much Gen Z really cares about Tic-talking,
0:35.5	and will it impact the presidential election?
0:38.0	With the NBC contributor Joanne Lippman.
0:40.0	This is where they go for their news.
0:41.6	All the news they're getting about this legislation
0:44.0	comes from Tik-Tok.
0:45.7	And the apps role in our democracy,
0:48.2	NYU Professor Josh Tucker.
0:50.1	We don't know what's going on with Tik-Tok,
0:52.0	because Tik-Tok hasn't made their data available for external researchers.
0:55.6	We're kind of going into this blind.
0:57.6	Plus Home Depot making a bet on contractors and the Fed Governor offering breadcrumbs on rape cuts.
1:05.0	It's Thursday March 28th Squawk Pod begins right now.
1:09.0	Stand Becky by in three, two, one, queue please.
	...

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