The DEI Push, Pushed Back, & Kevin McCarthy’s Vision for the GOP 01/09/24

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 9 January 2024

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Kevin McCarthy gives his first interview since leaving his role as House Speaker, weighing in on the 2024 election, supporting former President Trump, and the opportunities afoot for the Republican Party. Semafor business and finance editor Liz Hoffman has a scoop: a group of lawyers and investors are planning a lawsuit, targeting corporate DEI policies and claiming those policies have hurt shareholders. Boeing CEO David Calhoun is under pressure to fix the fuselage issues on the now-grounded 737 Max 9 crafts after the Alaska Airlines incident over the weekend. Plus, Tiger Woods and Nike are parting ways after 27 years, and European grocer Carrefour will no longer carry PepsiCo products. Kevin McCarthy - 10:33 Liz Hoffman - 30:32 In this episode: Kevin McCarthy, @SpeakerMcCarthy Liz Hoffman, @lizrhoffman Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer, today on Squawk Pod.
0:09.0	Kevin McCarthy, the former House Speaker, in his first interview
0:13.1	since leaving Congress.
0:14.3	He's not giving up on his party.
0:16.4	The only place Republicans have the majority is the House.
0:19.2	Don't give the power over to the Senate.
0:21.5	Lead and move forward.
0:23.5	Did I lose my job for leading?
0:25.0	Yes, I did, but I do it all over again.
0:28.0	And the group of lawyers and investors
0:30.2	pushing back on diversity, equity, and inclusion.
0:33.2	Semaphores, Liz Hoffman reports
0:35.2	corporate DEO policies may face a wind down,
0:38.6	and CEOs might be okay with it.
0:40.8	They don't want to spend this much time talking about it. They don't want to keep
0:43.4	getting yelled at by Ron DeSantis and Vivek Ramaswami. They just want to do their jobs.
0:48.0	Those conversations, plus the latest in the Boeing fuselage break.
0:53.0	Tiger Woods parts ways with Nike and Pepsi Products European Goodbye.
0:58.0	Toastitos, Doritos.
0:59.6	Yeah, all the toes.
1:01.6	It's Tuesday January January 9, 2024. Squack Pot begins right now.
	...

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