In the Weeds with Martha Stewart; On the (Virtual) Hill with Bank CEOs

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 27 May 2021

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

Martha Stewart discusses the cannabis industry and her new role as “official” strategic advisor for Canopy Growth. She shares her favorite CBD gummies for her pets and for her own nighttime ritual. CEOs of the six biggest banks in America were grilled by both sides of the aisle in Congress this week, defending fees, compensation, and their role in the U.S. recovery. Senior analyst at Americans for Financial Reform Alexis Goldstein digests the grilling with founder of Skybridge Capital Anthony Scaramucci in a conversation about stakeholder capitalism and Wall Street accountability. Plus, it’s the Little Engine No. 1 that could--and did. CNBC’s Leslie Picker shares details of the Exxon proxy battle, and CNBC’s Bertha Coombs reports on Ohio’s very literal vaccination lottery. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer. Today on our
0:05.3	podcast, Bank CEOs face Congress. You are the six most powerful business
0:10.6	leaders in this country. As Wall Street recovers from the pandemic,
0:14.0	lawmakers question the motives and the money of the big banks.
0:17.0	Americans for Financial Reforms, Alexis Goldstein.
0:20.0	This isn't just about 2008.
0:22.0	This is about all of the regulatory relaxation that happened in the wake of the pandemic and Congress has some really good questions about whether or not the relaxing of those regulations worked and I would argue that they didn't.
0:33.0	And a banking defense of sorts from investor Anthony Scaramucci.
0:36.8	I get the fact that they're fat cats and I get the fact that there's a rise of systemic
0:41.4	populism.
0:42.4	Well, we've got to step back and we have to recognize
0:44.8	that we're in a capitalist society. Martha Stewart getting even deeper in the
0:49.7	weeds, her partnership with canopy growth and some new CBD snacks to try.
0:54.0	I think other people will find that it just adds a little something extra to a day.
1:00.0	Those stories plus vaccine incentives.
1:02.8	Good evening and welcome to the Vaccimilian giveaway where we're...
1:05.4	Giveaways to get the jab.
1:06.9	See NBC's Bertha Coons.
1:08.5	This week the US Treasury signed off on states using COVID relief funds for those prizes, with four more states now
1:15.1	running sweepstakes. It's Thursday, May 27th, 2021. Squack Pod begins right now.
1:24.0	Good morning everybody. Welcome to Squack Box here on C.
1:26.0	I'm Becky Quick, along with Joe Kernan and Andrew Ross Sorkin.
	...

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