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Squawk Pod

Sen. Rob Portman on Biden's Infrastructure Proposal, Tesla Crash Investigation & Cannabis Crypto

Squawk Pod

CNBC

News, Investing, Business, Business News

4494 Ratings

🗓️ 20 April 2021

⏱️ 32 minutes

🧾️ Download transcript

Summary

GOP lawmakers are pushing to shrink President Biden’s more than $2 trillion infrastructure plan. Sen. Rob Portman (R-OH) discusses his pitch to pay infrastructure reforms, potential bipartisan support on gun control, and keeping the crypto community out of the legal shadows. In the wake of a fatal Model S crash outside of Houston, Tesla CEO Elon Musk has denied that “autopilot” features were responsible. CNBC’s Phil LeBeau discusses the two federal probes investigating Musk’s claims. PayPal’s Venmo will now let users buy, hold, and sell bitcoin and other digital tokens, a potentially significant step toward moving cryptocurrencies into the mainstream. Homeowners in the United States likely saw their property taxes jump. CNBC’s Robert Frank reports how much more Americans are paying and who’s feeling the most pain. Plus, CNBC’s Frank Holland shares the green behind the green: a look at the marijuana marketplace on the famed 4/20.

Transcript

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0:00.0

This is Squawk Pod. I'm C.N.C. producer Katie Kramer today on our podcast.

0:07.0

Tesla trying to put out a PR and regulatory fire after a fatal model S crash in Texas.

0:13.0

We've all tried to put out a grease fire with water where it's like,

0:16.5

whoa, that was dumb.

0:18.0

Taxes, crypto, and gun control with Republican Senator Rob Portman.

0:22.6

There are ways to tighten background checks,

0:24.4

and I think you'll see some bipartisan agreement on that

0:27.8

coming together over the few weeks here.

0:29.9

Those stories, well, at least nothing weird happens anymore.

0:34.0

Plus, I'll then mow you some Bitcoin and yep, it's 420.

0:38.0

What was your candy of choice for those moments, Andrew?

0:41.8

What kind of moments are you referring to?

0:44.5

It's Tuesday, April 20, 2021,

0:47.5

Squawk Pod begins right now.

0:50.4

Good morning, everybody.

0:51.4

Welcome to Squawk Box here on

0:52.8

CMC. I'm Becky Quick along with Joe Kernan and Andrew Ross

0:56.1

Sorkin. Guys, do you remember one year ago today? It was when oil prices

1:00.9

actually went negative.

1:02.8

Kind of a long road that we've come since then,

1:04.8

W TI, now back at about $64.

1:08.2

Is that exactly a year?

...

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