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Squawk Pod

Testing Positive: Coronavirus Contact Tracing at the White House

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 2 October 2020

⏱️ 26 minutes

🧾️ Download transcript

Summary

President Donald Trump and First Lady Melania Trump have tested positive for the coronavirus, prompting further economic and political uncertainty just 32 days before Election Day. Former FDA Commissioner Dr. Scott Gottlieb says the President is likely to recover, but “the risk is still high.” CNBC’s Eamon Javers breaks down the whirlwind of Covid contact tracing currently underway at the White House, as well as the domestic and global political implications of the diagnoses. The House passed the $2.2 trillion Democratic coronavirus stimulus bill Thursday night, but Republicans oppose the package and bipartisan discussion continues. Plus, 661,000 jobs were created in September, a disappointing number in the last Jobs Friday before November 3rd. CNBC’s Jim Cramer joins Joe Kernen, Andrew Ross Sorkin, and Melissa Lee to discuss the many factors contributing to market movements this week.

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

President Trump and First Lady Malania Trump have tested positive for the coronavirus,

0:12.0

just days after the president downplayed concerns

0:14.7

about masks and large rallies at his first debate against Joe Biden.

0:18.6

So far we have had no problem whatsoever. We do them outside. We have tremendous crowds. When needed I wear masks.

0:25.6

Okay, I don't wear masks like him. He shows up with the biggest mask I've ever seen.

0:29.4

And only 32 days before the presidential election.

0:32.6

Dr Scott Gottlieb, former FDA commissioner.

0:35.1

There's every reason now to expect that the president will do well and recover.

0:38.2

And we're all wishing him well, but the risk is still high.

0:41.4

And Jim Kramer joins Joe, Andrew, and Melissa to break down today's jobs report and what these

0:46.1

positive COVID diagnoses might mean for stimulus negotiations, the Supreme Court makeup,

0:51.3

in your portfolio.

0:52.3

I'm not saying this much to do about nothing.

0:54.0

I am saying that people should have a pilot ready.

0:56.6

It's Friday, October 2nd, 2020,

0:59.2

Squack Pot begins right now.

1:01.9

Good morning and welcome to Swack Box right here on

1:04.3

see and bee. I'm Andrew Osork and along with Joe

1:06.1

Kernan and Melissa Lee Becky is off today. We have some breaking news this

1:09.8

morning just hours ago President Trump and first lady

1:12.4

Malani of Trump testing positive

...

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