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Squawk Pod

Making America Affordable: Hakeem Jeffries & Dr. Oz 8/14/25

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2543 Ratings

🗓️ 14 August 2025

⏱️ 43 minutes

🧾️ Download transcript

Summary

In a lively conversation, House Minority Leader Rep. Hakeem Jeffries (D-New York) discusses the future of the Democratic Party, Zohran Mamdani’s role in it, and strategies to make America more affordable. Centers for Medicare and Medicaid Services administrator Dr. Mehmet Oz discusses the Trump administration’s plans for the American health care system, including prior authorization requirements for Medicare. President Trump is weighing up to 11 potential Fed Chair nominees while pushing for lower interest rates from the central bank. Plus, Chinese AI company DeepSeek has reportedly run into issues using Huawei chips and investor Mario Gabelli is suing Shari Redstone’s National Amusements. Rep. Hakeem Jeffries - 22:02 Dr. Mehmet Oz - 38:47 In this episode: Hakeem Jeffries, @RepJeffries Dr. Mehmet Oz, @DrOz 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

It's the economy, stupid, where the data tells us our money is and what that means for policy.

0:15.6

People assume it's that we're in a tailwind environment right now, not in a headwind, and that makes you nervous.

0:20.6

Always. Hakeem Jeffries, the in a headwind, and that makes you nervous. Always.

0:22.1

Hakeem Jeffries, the House Minority Leader, on the Democrats' response to the quickly moving

0:26.7

Trump agenda that is remaking America.

0:29.1

You pass one big, ugly bill that's now law on a partisan basis that represents the largest

0:35.6

attack on health care in American history.

0:38.2

People all across the country are going to experience increased premiums, co-pays, and prescription

0:43.7

drug prices. That's a problem.

0:46.4

On this 90th anniversary of Social Security, Mehmet Oz joins us.

0:51.3

He's gone from TV doctor to running the centers for Medicare and Medicaid.

0:55.0

It's reprehensible to criticize the president on this, I think, very earnest effort to save

1:01.2

Medicaid to allow it to provide care to our most vulnerable.

1:05.3

Plus, The Apprentice, Federal Reserve Edition, and it's good to learn new things.

1:11.0

You know I lived in a period where there were no pagers even.

1:14.6

There were no phones. There weren't even flip phones.

1:17.3

I know.

1:18.7

It's Thursday, August 14th, 2025.

1:21.9

Squawk Pod begins right now.

...

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