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Squawk Pod

Shutdown, Startup and Peace in Gaza 10/10/25

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2543 Ratings

🗓️ 10 October 2025

⏱️ 38 minutes

🧾️ Download transcript

Summary

Amid a government shutdown, Congressman Mike Lawler (R-NY) explains his argument with House Minority Leader Hakeem Jeffries over the sticking point in the Capitol Hill stalemate: extending the Affordable Care Act tax credits. The Labor Department will bring some furloughed employees back to resume work on September’s Consumer Price Index data, though other data remains on hold during the shutdown. Chinese customs are beefing up scrutiny of semiconductor imports to ensure that local companies are not ordering Nvidia’s less powerful chips specifically engineered for China. Plus, two-year community college Campus is employing both AI and humans to tackle higher education debt and graduation rates. Campus founder Tade Oyerinde discusses his mission and his new acquisition of Sizzle with Sizzle’s founder and new Campus CTO, Jerome Pesenti. Mike Lawler - 17:58 Tade Oyerinde & Jerome Pesenti - 32:44 In this episode: Rep. Mike Lawler, @lawler4ny Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0

Bring in show music, please.

0:04.3

Hi, I'm CNBC producer Katie Kramer.

0:07.1

Today on Squawk Pod.

0:09.9

Stand still.

0:10.7

In Washington, the government remains shut down for more than a week,

0:14.6

and some members of Congress are growing weary of the standoff.

0:17.8

New York Republican Mike Lawler joins us.

0:20.2

To me, this is about solving a short-term

0:22.3

problem while actually giving us time to fix the longer-term issues here. The latest hot

0:29.9

artificial intelligence startup moving house, an AI veteran of META and IBM's Watson, Jerome

0:36.3

Pesenti joins us. I believe that humans plus language models will always be greater than just language model.

0:43.3

His learning platform, Sizzle AI, is being acquired by campus, a college startup backed by Peter

0:50.0

Teal's Founders Fund, among others, Tade Oirinde.

0:53.5

What campus is doing is like, hey, let's buy a college, let's rebuild the

0:57.0

entrance of that college from the ground up for a modern tech-driven AI age, and let's do it

1:02.0

and get the graduation rates up.

1:03.0

Plus, the move to get key inflation data out, in spite of a shutdown, China's hardline on rare

1:10.0

earths, and the hope of a lasting peace plan in Gaza has President Trump calling for a win.

1:15.8

And even before the dots had been crossed and teased and eyes and everything that he was announcing, I'm coming over to sign this thing.

1:23.1

It's Friday, October 10th, 2025. Squawk Pod begins right now.

1:29.0

Stand Becky by in three, two, one.

1:31.9

Cuea, please.

...

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