Tensions in the GOP, China’s Public Health, & Bill Ackman: Not-So-Sweet on Soda 01/03/23

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 3 January 2023

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Description: Welcome to 2023! It’s a new year, a new Congress, and a difficult vote for Rep. Kevin McCarthy (R-CA), whose potential role as House Speaker hinges on the fate of George Santos. Pollster and political strategist Frank Luntz discusses the now-infamous embellished resume, stress on the GOP, and the gamut of other economic and political issues facing the country in 2023. China has lifted its covid restrictions, and it’s facing a wave of illness. Former FDA Commissioner puts China’s post-covid journey in context with our own in the U.S. Plus, activist investor Bill Ackman is raising renewed alarm over soft drinks, but Warren Buffett still fills up. Despite pushback on his stake in Coca-Cola, the 92-year-old has at least a few cans every day. Happy 99th birthday to his partner, Berkshire Hathaway Vice Chairman Charlie Munger!

Transcript

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0:00.0	Bring in Show Music Please.
0:02.0	Hi, I'm the NBC producer Katie Kramer today on Squack Pie.
0:08.0	It's a new year, a new Congress, and a difficult vote for House Speaker in waiting Kevin McCarthy,
0:15.2	pollster, and political strategist Frank Luntz.
0:17.7	The public actually wants to get things done.
0:20.3	They want the parties to work together on inflation. They want them to work together on inflation. They want them to work together on immigration.
0:25.0	But the problem is this race is pulling the Republican Party apart.
0:29.0	China on a COVID wave as we start 23,
0:33.4	former FDA Commissioner Dr Scott Gottlie.
0:35.9	Remember, we've spent the last three years adapting to this virus.
0:38.9	They're just beginning that process right now.
0:41.0	And activism, soda safety, and what investor Bill Ackman's on
0:45.8	about. It's a rare pleasure, a full-blown Coca-Cola. I know I'm fat, I don't
0:50.2	blame Coke for my fatness.
0:52.6	Those stories plus a big Berkshire birthday.
0:56.0	He just turned 99 on Sunday.
0:58.5	Fear on the football field and resolutions old and new.
1:02.6	Let's hold hands and then go by yachs at the beginning of the new year.
1:05.6	We didn't, we, that's our resolution.
1:08.2	It's Tuesday, January 3rd.
1:10.2	Our first Squawk Pot of 2023 begins right now.
1:14.4	Stand back you by in three, two, one, fuel please.
	...

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