Sanctions, Crypto, & ESG with Secretary Janet Yellen. 03/25/22

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 25 March 2022

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Treasury Secretary Janet Yellen responds to BlackRock CEO Larry Fink’s warning that the end of globalization is nigh. In a wide ranging interview, she weighs the concerns and the benefits of crypto assets, whether we need sanctions on China, and America’s slow journey toward renewable energy. CNBC’s Kayla Tausche reports on NATO’s deal to cut European reliance on Russian oil in Belgium. Plus, March Madness upsets continue, bitcoin is prompting action in the S&P, and Bed Bath & Beyond has struck a deal with activist investor Ryan Cohen. In this episode: Janet Yellen, @SecYellen Kayla Tausche, @kaylatausche Andrew Ross Sorkin, @andrewrsorkin Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer, today on Squacpot.
0:08.0	A big interview with Treasury Secretary Janet Yellen,
0:11.0	our reliance on foreign oil, our economic vulnerabilities.
0:15.3	I don't think that the ESG movement and the emphasis on climate change is creating the problems
0:22.2	that we have. If anything the problem is that we haven't
0:25.5	moved as rapidly as we should have. And the value of digital assets. I have a little bit of skepticism
0:32.4	because they're, I think, valid concerns around it.
0:36.0	On the other hand, there are benefits from crypto, and we recognize that innovation in the payment system can be a healthy thing.
0:45.0	Plus the president cutting a deal to cut Europe's dependence on Russian energy
0:49.8	and the rest of today's stories that got us squawking,
0:53.2	Bitcoin, Bed, Bath, Beyond, and basketball.
0:56.6	I've got a new system that's absolutely full proof.
0:59.8	I bet on the opposite of my bracket picks.
1:02.0	The rest of us knew that for a long time.
1:04.9	It's Friday, March 25, 2022.
1:08.0	Squawk Pod begins right now.
1:10.0	Stand back you by in three, two, one,
1:12.8	Q, three.
1:15.1	Good morning, everybody.
1:16.3	Welcome to Squackbox here on CNBC.
1:18.8	We are live from the NASDAQ market site in Times Square
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.