Pfizer CEO & Combating Global Infection; Transportation Secretary Pete Buttigieg; Fighting Inflation Fears

Squawk Pod

CNBC

News, Investing, Business, Business News

4 • 494 Ratings

🗓️ 27 April 2021

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Leaders in Washington continue their debate of “infrastructure” as some lawmakers begin crafting counters to President Biden’s $2T plan. Transportation Secretary Pete Buttigieg discusses the bipartisan effort to invest in America’s infrastructure--and to define what the word should encompass. Pfizer CEO Albert Bourla discusses the Covid-19 crisis in India and addresses the global impact of vaccine hesitancy, at home and abroad. New Bank of America research reveals that amid a busy earnings week, many CEOs are signaling inflation concerns to their investors. Plus, GameStop is in the market for a new leader, and CNBC’s Eamon Javers reports that Washington is budgeting out the minimum wage.

Transcript

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0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer today on our podcast.
0:07.0	Vaccinations continue in the US, but there remains a COVID infection crisis abroad.
0:12.0	Pfizer CEO Albert Borla goes beyond borders.
0:15.0	In a pandemic, you are as protected as your neighbor.
0:18.0	So setting aside the moral issues, if we will not be able to provide solutions for India, if we will not be able to provide
0:24.1	solutions for Africa.
0:25.7	They will become the pool where the virus will replicate.
0:30.2	And the hottest topic in Washington, it's infrastructure for everyone,
0:34.4	says Transportation Secretary Pete Budiche.
0:36.7	This isn't just an issue for quality of life for Americans.
0:39.9	This is an issue for our business competitiveness too.
0:42.7	You look at our allies, you look at our strategic competitors,
0:45.4	definitely China.
0:46.5	They are not shy to make big infrastructure investments.
0:50.0	Those stories, plus hackers in DC, minimum wage hikes, and coming soon, a new CEO for GameStop.
0:57.8	Either of you want to be considered for the CEO search, do you have ideas?
1:01.6	It's Tuesday, April 27, 2021.
1:04.5	Squawk Pod begins right now.
1:07.5	Good morning everybody.
1:08.5	Welcome to Squawk Box here on C.
1:10.7	I'm Becky Quick, along with Joe Kernan and Andrew Ross Sorkin.
1:14.0	First up today on the podcast, the S&P 500, the index of the largest publicly traded companies in the U.S.
	...

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