SI Cover Model Martha Stewart, House Speaker Kevin McCarthy, & House Minority Leader Hakeem Jeffries 5/17/23

Squawk Pod

CNBC

Investing, Business News, News, Business

4.2 • 543 Ratings

🗓️ 17 May 2023

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

As debt ceiling discussions in DC near their default deadline, Squawk Pod delivers two conversations with two of the four debt ceiling negotiators: House Speaker Rep. Kevin McCarthy (R-CA) and House Minority Leader Rep. Hakeem Jeffries (D-NY). Both discuss the progress made in their latest meeting with President Biden and the critical piece of bipartisanship: avoiding a U.S. default. Plus, entrepreneur and author Martha Stewart talks about gracing the cover of the latest Sports Illustrated swimsuit issue, building a sprawling business empire, and creating content for TikTok, all at 81 years young. In this episode: Martha Stewart, @MarthaStewart Hakeem Jeffries, @RepJeffries Kevin McCarthy, @SpeakerMcCarthy Eamon Javers, @EamonJavers Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Hi, I'm C. NBC producer Katie Kramer.
0:05.0	Here's what's coming up on a packed edition of Squawk Pod.
0:09.0	Dancing on the debt ceiling, another White House conference between President Biden and the big
0:13.9	four leads to maybe some hope. What has changed in this meeting is the president
0:19.7	changed the scope of who's all negotiating.
0:23.0	What gave me the most hope is that everyone,
0:26.0	including the speaker, agreed we need to be bipartisan.
0:29.0	Those negotiating teams actually met on Capitol Hill last night,
0:32.0	given that the deadline is just
0:33.5	around the corner here they want to get going guys. We're bringing you two of the four
0:37.6	from the room where it happens. First, House Minority Leader Hakeem Jeffries. We're not going to
0:42.3	solve the fiscal health of the American people
0:45.2	over the next 10 years in two weeks.
0:47.6	That's what Republicans are suggesting they'd like to do.
0:50.1	And Speaker of the House Kevin McCarthy.
0:52.6	For 21 straight years, we spent more than we brought in.
0:55.7	No household would live this way, and no business or CEO would continue this pattern.
1:00.0	The left, the right, and the American people stuck in the middle.
1:03.6	We got all sides.
1:04.6	We get all sides.
1:05.6	We've even got the fun side of news, like entrepreneur
1:09.4	and now Sports Illustrated cover model Martha Stewart
	...

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