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Squawk Pod

NYC Mayor Adams’ Exit Interview & America’s Affordability Crisis 12/15/25

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 15 December 2025

⏱️ 40 minutes

🧾️ Download transcript

Summary

New York City’s outgoing Mayor Eric Adams gives an exit interview just weeks before he hands the office over to Mayor-elect Zohran Mamdani. He reflects on decades serving New York, and shares his concerns about the city’s next chapter. Then, pollster and political strategist Frank Luntz warns that Americans are at their breaking point when it comes to affordability. Plus, SpaceX is gearing up for an IPO in 2026, police are investigating the tragic shootings in Rhode Island and Australia, and NEC Director Kevin Hassett makes his case for Fed Chair. Mayor Eric Adams - 13:15 Frank Luntz - 33:13 In this episode: Eric Adams, @NYCMayor Frank Luntz, @FrankLuntz Melissa Lee, @MelissaLeeCNBC Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0

Bring in show music, please.

0:04.6

Hi, I'm CNBC producer Katie Kramer.

0:07.5

Today on Squawk Pod.

0:10.3

New York Mayor Eric Adams gives his exit interview

0:13.3

as he prepares to hand the reins of America's largest city

0:16.8

and business capital to mayor-elect Zoran Mamdani.

0:20.7

Many people don't know of the Democratic Socialists of America.

0:24.1

They should read their agenda.

0:25.6

If he follows that agenda, we're going to be having some real quality of life issues in our city.

0:30.6

Then the affordability crisis across the country is driving voters.

0:35.6

Political strategist and pollster Frank Luntz on the pressure

0:39.4

and the pain points for Americans.

0:42.0

The public is not just decided between Republicans and Democrats. They're deciding whether or not

0:47.2

they even want to participate in the democratic process, and that's when you know you've reached

0:51.7

the breaking point.

0:53.5

And trying to make sense of a weekend of tragic news,

0:57.0

from a shocking Hollywood death to the attack on an Australian beach Hanukkah festival.

1:02.0

I think when you see stuff like this, you have to say to yourself, something else is going on here.

1:08.0

It's Monday, December 15th, 2025, Squawk Pod begins right now. Stand, Andrew,

1:16.3

by three, two, one, up and Andrew. Good morning and welcome to Squackbox right here on CNBC. We're

1:23.9

live at the NASDAQ market site in Times Square. I'm Andrew Ross Sorkn along with

1:27.5

Melissa Lee. Good morning to you. Good morning to you, Andrew. Hanging out. Becky and Joe are off

...

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