NEC Director Kevin Hassett & Changes at Berkshire Hathaway 12/8/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 8 December 2025

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sitting National Economic Council Director Kevin Hassett is shortlisted to be the next chair of the Federal Reserve. Director Hassett weighs in on monetary policy–despite not being in the role quite yet. As the media world digests Netflix’s winning bid for Warner Brothers Discovery’s film and streaming assets. Former MTV president Michael Wolf explains Netflix’s position in the industry and the battle for eyeballs. Plus, Elon Musk is firing back at the European Union after the bloc fined X $140m, and changes are afoot at Berkshire Hathaway just as Warren Buffett readies to hand the CEO reins to his successor Greg Abel. Kevin Hassett - 20:47 Michael Wolf - 39:27 In this episode: Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music, please.
0:03.0	Hi, I'm CNBC producer Katie Kramer.
0:07.0	Today on Squawk Pod.
0:09.0	The top contender for Fed Chair, we think, Kevin Hassett, the sitting National Economic
0:15.0	Council Director.
0:16.0	The President doesn't have a tough choice.
0:18.0	He's got a guaranteed good choice.
0:20.0	And if I happen to be that choice,
0:22.2	I'll be pleased to help him serve. Another job on the table? Netflix's takeover of Warner Brothers
0:28.4	Discovery's streaming assets. It's a deal getting attention in the White House.
0:33.0	I think that may very well be the first time I've ever heard the President of the United States saying
0:38.4	that they were going to weigh in personally on a transaction.
0:42.8	But former MTV President Michael Wolfe is looking at Netflix but zooming out at the entire
0:48.0	media landscape.
0:49.4	The facts here are that the company that is quickly becoming the monopoly is YouTube.
0:55.5	Plus the rest of today's news, Elon versus the EU,
0:59.5	and a new org chart at Berkshire Hathaway when Warren Buffett steps down after 60 years running the company.
1:06.0	All of these changes are taking place, of course, as Warren Buffett gets ready to hand over the CEO job to Greg Abel.
1:11.6	It is Monday, December 8th, 2025.
1:15.6	Squawk Pod begins right now.
1:18.6	Stand Becky by in three, two, one, pure please.
1:22.6	Good morning, everybody, and welcome to Squawk Box right here on CNBC.
	...

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