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Squawk Pod

Kevin Warsh, Gov. Wes Moore, & Exxon’s Darren Woods 1/30/26

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 30 January 2026

⏱️ 46 minutes

🧾️ Download transcript

Summary

After much Wall Street and Main Street anticipation, President Trump has announced his nominee for Federal Reserve chairman: Kevin Warsh. CNBC’s Steve Liesman discusses the choice, what it means for the markets, especially given Warsh’s history of critiquing the central bank itself. Exxon Mobil posted strong results this quarter, despite oil’s price decline. Exxon CEO Darren Woods discusses the global oil supply and Venezuela’s future. Plus, Maryland Governor Wes Moore discusses the future of the Democratic Party, including his own approach to affordability, wealth redistribution, and taxes. Governor Wes Moore - 03:44 Steve Liesman 20:38 Darren Woods 34:33 In this episode: Wes Moore, @GovWesMoore Steve Liesman, @steveliesman Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0

Bring in show music, please.

0:03.0

Hi, I'm CNBC producer Katie Kramer.

0:07.0

Today on Squawk Pond.

0:09.0

President Trump saying that he has picked Kevin Warsh.

0:12.0

Finally, the president's pick for new Federal Reserve chair.

0:16.0

CNBC Steve Leesman helps break down the news.

0:19.0

Warsh has criticized staff.

0:21.4

He's criticized the PhD.

0:22.8

He's criticized the elite running policy.

0:25.6

And he also has said that policy has been favoring the wealthy rather than people.

0:30.2

And I think rightly so when it comes to criticizing, by the way, the Fed's actions during the pandemic.

0:36.0

And ExxonMobil posting a strong financial quarter,

0:39.2

even though oil prices are low and supply is high.

0:42.9

Exxon Chief Darren Woods joins us.

0:45.0

The markets are well supplied.

0:46.5

So you've got a, I think, a comfortable supply of oil,

0:49.5

which is why we haven't seen a lot of volatility in oil

0:52.2

with all the geopolitical dynamics.

0:55.2

Plus, the future of the Democratic Party with Maryland's Governor West Moore,

0:59.2

why he's focused on what works rather than what's partisan.

1:03.2

Baby bonds and these type of structures are things that I have advocated for for years.

1:07.8

I think it's one of the more effective things that you can do to actually impact the issue of childhood poverty, which is the reason why Iran for years. I think it's one of the more effective things that you can do to actually impact the

...

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