“In your face, Omicron?” and Instagram Heads to the Hill

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 8 December 2021

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Pfizer and BioNTech say three doses of their vaccine provide a high level of protection against the omicron variant of the virus that causes Covid-19. CNBC’s Meg Tirrell breaks down the latest data and reports the third shot shows virus-fighting abilities comparable with the 95% protection provided by two doses against the original strain of the virus. CNBC’s Ylan Mui reports how Congress is trying to block the Biden administration’s nationwide Covid-19 vaccine mandate on businesses. Sen. Mark Warner, chairman of the U.S. Senate Select Committee on Intelligence, discusses Capitol Hill’s latest focus on Big Tech as Instagram’s Adam Mosseri prepares to testify. Plus, the House passed a bill that would allow the Senate to raise the debt ceiling with a simple majority vote. In this episode: Sen. Mark Warner, @MarkWarner Ylan Mui, @ylanmui 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.
0:04.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer.
0:08.0	Today on our podcast.
0:10.0	Good news Pfizer reports three doses of its COVID vaccine can neutralize the omicron variant,
0:16.0	CNBEC's Meg Turrell.
0:18.0	The companies still say they are working on an omicron specific vaccine, which they began November 25th but this will contribute to
0:24.4	decision-making around whether it is needed or if boosters will be
0:27.8	sufficient to restore protection.
0:30.1	Instagram defends itself in front of Congress today.
0:33.4	Senator Mark Warner joins the call of many Democrats to rein in the power of big tech.
0:38.5	The idea that we're going to leave some of the largest companies in the world,
0:42.0	to self-regulate is just plain crazy and DC drama that
0:46.8	frankly sounds a lot like old DC drama tiresome that's dealing discussions I know it's like blah blah blah.
0:54.1	The push and pull over raising the debt ceiling
0:56.9	and mandating vaccines.
0:58.4	What's the point of all this, you know?
1:00.2	Well, the point I think is to make a point there Joe.
1:03.0	It's Wednesday December 8th 2021
1:06.4	Squawk Pod begins right now.
1:08.7	Stand back you by and three, two, one, fuel brief.
1:12.4	Good morning everybody. Welcome. Three, two, one, fuel three.
1:13.6	Good morning everybody.
	...

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