The 15 Dollar Wage Debate; Big Tech’s Old Guard; Common Groundwork

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 22 January 2021

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Rep. Josh Gottheimer (D-NJ) and Rep. Tom Reed (R-NY), co-chairs of the Problem Solvers Caucus, discuss the legislative path forward under the Biden administration. After a divisive start to 2021, they’re urging for bipartisanship. Shark Tank’s Kevin O’Leary and Galaxy Digital’s Michael Novogratz debate President Biden’s proposed $15 minimum wage; the two weigh the benefits of higher wages against the pressure they would place on small business employers. Plus, IBM and Intel are struggling to keep up with big tech’s newest players, and James Bond’s “No Time to Die” is (still) waiting for its time in the movie theaters.

Transcript

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0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer today on our podcast.
0:07.0	Can we all just get along? The co-chairs of the Problem Solvers Caucus join us.
0:11.0	Congressman Josh Gotheimer on following President Biden's lead and prioritizing common ground.
0:17.0	We're all talking and we're not screaming at each other and we're actually working together.
0:21.0	And as the President said this week, unity is the answer and we've got to
0:24.3	turn the page on the division and it starts here. But not everyone's on the same
0:28.4	page about Biden's proposals of $15 minimum wage has two of our guests at odds, Kevin O'Leary.
0:34.6	This is the worst idea I have ever heard at this time.
0:39.0	This is a crazy idea right now.
0:41.6	And Galaxy Digital's Mike Novogratz.
0:43.7	It's unethical for someone to work a 40 hour week
0:46.4	and make $8 an hour.
0:48.2	It just doesn't add up.
0:49.8	Plus, Tech's old guard might be moving out.
0:52.1	Biden's executive orders are rolling in and Bond,
0:55.1	James Bond.
0:56.2	Well, we're still waiting.
0:57.6	Oh, I love Pierce.
0:58.8	Did you?
0:59.5	Sean Connery's the best.
1:00.6	Love Pierce.
1:01.6	Daniel Craig's awesome.'s Friday January 22nd 2021
	...

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