Jason Wright, Mellody Hobson, & the RFK Jr. Hearings 01/31/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 31 January 2025

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jason Wright has ended his tenure leading the NFL Washington Commanders and has joined Ariel Investments co-CEO Mellody Hobson in a women’s sports investing venture. The venture, Project Level, is a part owner in the newest National Women’s Soccer League franchise in Denver. The two leaders discuss investing in women’s sports and betting on diversity in boardrooms to boost corporate bottom lines. Plus, President Trump’s pick to lead the Department of Health and Human Services appeared on Capitol Hill for two intense days of confirmation hearings. Robert F. Kennedy Jr. answered Senator questions about Medicare, Medicaid, and vaccinations, but former FDA Commissioner and Pfizer board member Dr. Scott Gottlieb said RFK’s responses showed a failure to fully grasp the fundamentals of the current healthcare system. Plus, the clock is ticking on President Trump’s tariffs on Canada and Mexico. CNBC’s Steve Liesman breaks down the economics of the plans. Steve Liesman - 06:25 Dr. Scott Gottlieb - 15:46 Mellody Hobson & Jason Wright - 26:55

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.
0:10.8	Deadline approaching for President Trump's planned tariff agenda
0:14.4	and the impact on relations with China, Mexico, and Canada.
0:18.3	Are Megan Casella on the 11th hour diplomacy.
0:21.6	Whether the president might be satisfied by tomorrow with progress and not perfection,
0:26.2	at least enough to kick the can down the road a little bit.
0:28.8	And Steve Leasman on what it means for the bottom line, crisis.
0:32.9	I'm not sure that a tariff on Canadian imports is something that's going to solve the problems we have.
0:40.5	Absolutely, Senator. I am not going to go into HHS and impose my preordained opinions on anybody at HHS.
0:50.0	Robert F. Kennedy Jr. in a pair of, at times, contentious hearings with two Senate committees
0:55.1	on his nomination for Secretary of Health and Human Services.
0:58.8	I just want to pledge to you, and I will never stick on a point if somebody shows me data
1:04.6	that says I'm wrong. Vaccine skepticism. A lack of industry knowledge. Former FDA head
1:10.3	Dr. Scott Gottlieb on the man who wants to make America healthy again.
1:14.8	He was asked what Medicare Part A does, and he says it pays for physicians.
1:18.2	If that's not true, it pays for hospitals.
1:20.5	He didn't seem to know what Medicare Part D were.
1:22.3	These are just fundamental questions.
1:25.3	Plus, the big business of women's sports, Melody Hobson on the appeal to big money.
1:30.3	Every stat is up, every single one.
	...

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