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Squawk Pod

The Queen of Cable & the U.S. Education Secretary 5/28/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 28 May 2025

⏱️ 40 minutes

🧾️ Download transcript

Summary

U.S. Secretary of Education Linda McMahon discusses the Trump administration’s feud with Harvard, as well as the idea of taxing well-endowed universities more like corporations. Bonnie Hammer, former Vice Chair of NBCUniversal and dubbed the “queen of cable,” discusses the future of streamed and linear content. This graduation season, Hammer warns that AI could be more a hindrance than a help for fresh applicants on the job hunt. Plus, Elon Musk has expressed doubts about the GOP’s “big, beautiful bill,” and CNBC’s MacKenzie Sigalos is in Las Vegas with the crypto world for Bitcoin 2025. MacKenzie Sigalos - 07:30 Linda McMahon - 16:21 Bonnie Hammer - 30:20 In this episode: Sec. Linda McMahon, @EDSecMcMahon MacKenzie Sigalos, @KenzieSigalos 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 CNBC producer Katie Kramer.

0:07.0

Today on Squawk Pod.

0:09.0

The president takes on one of America's most elite institutions.

0:13.0

Harvard said to lose money and contracts from the Trump administration.

0:16.0

Education Secretary Linda McMahon on this unprecedented back and forth and the drive to remove

0:22.0

foreign students from campus.

0:24.1

Not everyone, but there are foreign students who come to this country, I do believe,

0:28.5

who help create this unrest.

0:30.1

They're activists who come in.

0:32.6

And resumes everywhere, but not a job to land.

0:35.6

Cable industry veteran and author Bonnie Hammer says artificial intelligence has taken a toll

0:41.1

on the newest crop of job applicants.

0:43.4

I was always told once I graduated, I would then get a job.

0:46.9

If I got really good grades, I'd get a great job.

0:50.5

And that's not what's happening.

0:53.0

Plus, it's a stressful but exciting time to be a New York Knicks fan.

0:57.1

The crypto world unites in Las Vegas.

0:59.4

And Elon Musk is on the record with some doubts about the president's big, beautiful reconciliation bill.

1:04.8

He's sad about Doge, right?

1:06.1

Right.

1:07.4

It's Wednesday, May 28th.

...

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