House Majority Leader Scalise & November Jobs 12/16/25

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 16 December 2025

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

House Majority Leader Steve Scalise (R-Louisiana) discusses the GOP’s proposed health care bill and responds to White House Chief of Staff Susie Wiles’ comments about President Trump, published today in Vanity Fair. Ford is pulling back on electric vehicle investments, stock exchanges are exploring expanded trading hours, and prediction market Kalshi puts Kevin Warsh in the lead for President Trump’s Federal Reserve Chair pick. Plus, CNBC’s Steve Liesman reveals President Trump’s approval rating on affordability and inflation in the latest CNBC All America Survey, and a panel of experts explain the implications of November’s jobs data, out–after a government shutdown delay–from the BLS. Steve Liesman - 14:10 Rep. Steve Scalise - 22:58 Jobs Panel - 36:42 In this episode: Steve Liesman, @steveliesman Melissa Lee, @MelissaLeeCNBC Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

Click on a timestamp to play from that location

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	The clock is ticking on health care as the Obamacare subsidies cliff looms.
0:15.0	House Majority Leader Steve Scalise on Republicans' new potential legislation.
0:20.0	80% premium increases just for people in Obamacare.
0:23.6	We want to help lower their premiums, but right now nobody has options.
0:27.6	It's really not a competitive marketplace.
0:29.6	And the problem we can't seem to solve, choice in the health insurance market.
0:34.6	You turn on the TV, they're commercials with lizards and all kinds of other animals that
0:38.8	are selling you options to get lower insurance.
0:41.8	You don't really have that in health insurance.
0:45.1	Americans' views of President Trump's handling of the economy worsened, according to new
0:49.4	data right from CNBC, Steve Leesman reports.
0:52.5	Public now prefers a democratically controlled Congress by a 50 to 46 percent majority.
0:57.9	It's a slim margin, but the biggest one we've seen since 2020.
1:02.3	Plus the rest of today's news on a jobs Tuesday due to shutdown delayed data, high stakes for Fed Chair,
1:09.4	stock trading 23 hours a day, and Ford pulling
1:13.0	the plug on EVs saying the market's just not there yet.
1:16.7	We could ultimately just be completely and utterly left behind.
1:20.1	Except for Tesla.
1:21.5	The question here is are we effectively seeding the EV industry to other players around
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.