The U.S.-Iran Escalation Explained 06/23/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 23 June 2025

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

President Donald Trump said the U.S. has struck Iranian nuclear sites, escalating the Israel-Iran conflict. Retired U.S. Army Col. Jack Jacobs explains the strategic impact of the attack and what Iran might do next. CNBC’s Emily Wilkins covers the reaction in Washington and gives an update on President Trump’s Big Beautiful Bill. Then, Gilead Sciences CEO Daniel O’Day talks about the FDA approval of Yeztugo, a twice-yearly HIV prevention drug, and its importance in public health. Plus, Pixar’s Elio sees the worst box office opening in the studio’s history. Col. Jack Jacobs - 05:06 Emily Wilkins - 17:39 Daniel O'Day - 24:20 In this episode: Emily Wilkins, @emrwilkins Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Zach Vallese, @zachvallese

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in show music, please.
0:03.0	Today on Squawk Pod,
0:07.0	The U.S. is launching key strikes against Iran nuclear facilities.
0:12.0	President Trump says it was decisive.
0:15.0	Bullseye with three exclamation points.
0:18.0	But where does the international community go from here?
0:21.6	I've got a mixture of hope and fear.
0:23.6	Colonel Jack Jacobs, military analyst and Medal of Honor winner, joins us.
0:28.6	We should be concerned about what Iran's going to do next, but we all should be concerned about we're going to do in response.
0:35.6	And reporter Emily Wilkins on the congressional response to the strikes, with the big, beautiful bill still in the balance.
0:43.3	You do see a lot of lawmakers, and heck, there are even Democrats who were praising what was done with the particular strike.
0:50.3	Then, Gilead, with a landmark FDA approval approval potentially marking an end to the AIDS epidemic.
0:58.0	CEO Dan O'Day.
1:00.0	It's a milestone moment in the history of HIV.
1:03.0	This is a first of its kind, medicine for preventing HIV.
1:07.0	And the rest of today's news that got us squawking. Like a disappointing showing for Elio at the box office.
1:14.6	That's the worst ever opening for a Pixar film.
1:17.6	Doesn't help it.
1:18.6	I never heard of it.
1:20.6	Nope.
1:21.6	I'm CNBC producer Zach Vileisi.
1:24.6	It's Monday, June 23rd.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.