TSA with the Transportation Secretary & the EU-U.S. Relationship 3/19/26

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 19 March 2026

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

As the funding shutdown of the DHS wears on, TSA agents and regional airports are under pressure. Transportation Secretary Sean Duffy discusses the looming airport shutdowns and his concern about national security amid funding squabbles on Capitol Hill. CNBC’s Dan Murphy reports on the latest strikes in the Gulf region and the potential long term effects for oil supply. Former EU Commissioner for Competition Margrethe Vestager discusses Europe’s relationship with the U.S. in wartime, including the bloc’s perspective on AI innovation, independence, and propping up the EU’s own strength. Plus, the Federal Reserve has kept interest rates unchanged, and Micron reported blowout earnings, but the stock fell on concerns of chip supply crunch. Dan Murphy - 03:41 Sec. Sean Duffy - 16:32 Margrethe Vestager - 28:59 In this episode: Sean Duffy, @SecDuffy Dan Murphy, @dan_murphy Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin

Transcript

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0:00.0	Bring in show music, please.
0:02.5	This is Squawk Pod and I'm CNBC producer Cameron Costa.
0:08.5	On today's episode, A new phase of the Iran War, CNBC's Dan Murphy reports on Israel's
0:16.1	strike on the world's largest natural gas field in Iran, and Iran's retaliatory strikes at Qatar,
0:23.6	the UAE and Saudi Arabia.
0:25.6	Analyst telling me today that even if the war stops right now, the damage to these facilities
0:31.6	could take months to repair, likely keeping prices higher for longer.
0:36.6	The war has brought our ally relationships to the four,
0:40.3	former EU Commissioner for Competition, Margreta Vestier,
0:44.3	on partnership and respect between the US and Europe.
0:48.3	I think the relationship has been changing for a very long time,
0:51.3	and it sort of encourages European leaders to be more and
0:55.7	more independent from the U.S. Plus, the Federal Reserve leaves interest rates unchanged,
1:02.4	and Transportation Secretary Sean Duffy addresses the funding shutdown of the Department of Homeland
1:08.4	Security. TSA agents across the country are quitting as airports strain.
1:13.9	But the Secretary is also concerned about national security.
1:17.4	We're in a conflict with Iran.
1:19.6	There is a heightened risk.
1:20.9	And can bad things happen if you don't fund homeland security?
1:23.7	They can.
1:25.7	It's Thursday, March 19th, 2026, and SquawkPod begins right now.
1:30.9	Stand Becky by in three, two, one. Cue, please. Good morning, everyone. Welcome to Squackbox
	...

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