House Majority Leader Scalise on DOGE & The NYT DealBook Summit 12/05/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 5 December 2024

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Andrew Ross Sorkin shares highlights from The New York Times DealBook Summit yesterday, including his interviews with Jeff Bezos, Fed Chair Jerome Powell, Prince Harry and former President Bill Clinton. Notable moments included Jay Powell comparing bitcoin to gold, OpenAI CEO Sam Altman calling Elon Musk a “mega hero,” and Google CEO Sundar Pichai’s comments on DEI. Plus, bitcoin has hit $100,000, and Majority Leader Rep. Steve Scalise (R-Louisiana) the race for House Financial Services Committee chairman and his plans to work with a potential Department of Government Efficiency. Rep. Steve Scalise - 27:10 In this episode: Rep. Steve Scalise, @SteveScalise Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music, please.
0:04.3	Hi, I'm CNBC producer Katie Kramer.
0:07.0	Today on Squawk Pod.
0:09.7	Highlights from the New York Times Deal Book Summit,
0:12.1	Andrew Ross Sorkin's sit-down interviews with Jeff Bezos,
0:15.4	Fed Chair Jerome Powell, Prince Harry, even Open AI CEO Sam Altman.
0:20.1	A moment that stood out was when I asked Altman about Elon Musk.
0:23.5	The world's biggest thinkers on the world's biggest issues,
0:26.9	like former President Bill Clinton on the backlash against diversity, equity, and inclusion.
0:32.1	Diverse groups like better decisions and homogenous ones do.
0:36.3	And Bitcoin hits $100,000.
0:39.3	Finally.
0:40.3	I have read it.
0:41.3	You read the Bitcoin standard?
0:42.3	Yes.
0:43.3	And that didn't help you.
0:44.3	We've been talking about it for a decade now.
0:46.3	Plus, House Majority Leader Steve Scalise on efforts for unity in the new Congress.
0:51.3	Lowering energy costs, lowering food costs,
0:54.6	securing America's border, all those things
0:57.3	we deliver if we all vote together.
1:00.3	It's Thursday, December 5th, 2024,
	...

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