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Squawk Pod

Vaccines & Voting with Merck CEO; Tech & Politics on the Hill

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 29 October 2020

⏱️ 31 minutes

🧾️ Download transcript

Summary

Ken Frazier, CEO of drug maker Merck, maps out his timeline for a coronavirus vaccine as cases continue to rise around the world. In a conversation with Yale School of Management’s Jeff Sonnenfeld, Frazier discusses the duty CEOs have to encourage voting, civility, and faith in the democratic process. Politics took precedence at big tech’s big (virtual) day on Capitol Hill. Former White House Chief Technology Officer Aneesh Chopra and CNBC’s Ylan Mui break down Jack Dorsey’s, Mark Zuckerberg’s, and Sundar Pichai’s four hour hearing before the Senate Commerce Committee. Plus, less than a week before the Presidential election with no end to the Covid pandemic in sight, the markets are struggling to find steady ground.

Transcript

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0:00.0

This is Guacapod. I'm C.M.C. producer Katie Kramer, today on our podcast.

0:07.0

COVID cases rising around the world have us more eager than ever for a therapeutic or vaccine.

0:12.0

The CEO of Drugmaker Merck, Ken Frazier, says it might be a while.

0:16.5

As it relates to the vaccines, given the timetable now, we don't yet have data, I would say that

0:22.1

there's no way that we can think that they would be broadly available before mid-2020

0:27.0

but I'm optimistic that they will be available at that time.

0:31.0

Tech CEOs returned virtually to Capitol Hill yesterday. at that

0:33.0

time. Tech CEOs returned virtually to Capitol Hill yesterday

0:34.4

did conservatives make the case against Silicon Valley monopolies?

0:37.9

Former Obama White House official Anish Chobra.

0:40.9

As to the public policy risk that they're going to be regulated coming out of this, the probability

0:46.3

didn't really move.

0:47.8

If anything, it probably weakened it.

0:50.1

Those stories plus Wall Street's worst sell-off in months.

0:53.6

Is it better to really scare people on Monday to make a bottom?

0:57.5

The 1900 doesn't feel as bad to me.

1:00.0

No, it doesn't.

1:01.3

It's Thursday, October 29, 2020, Squack Pod begins right now.

1:07.0

Good morning, everybody.

1:08.0

Welcome to Squack Box.

1:09.4

This is CMBC.

1:10.6

I'm Becky Quick, along with Joe K Kernen and Andrew Ross Sorkin.

...

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