Weathering the Texan Storm; Vaccinating America; Rebuilding Detroit

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 17 February 2021

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Operation Hope’s John Hope Bryant and Shark Tank co-host Kevin O’Leary discuss what’s at stake in the House Financial Services Committee’s hearing on the Reddit- and Robinhood-fueled market volatility this week. Real estate developer Roderick Hardamon tells CNBC’s Diana Olick how he’s helping to rebuild Detroit and improve access to capital for women and minorities in his community. Plus, Bezos is back at the top of the billionaires list, Texas is weathering energy outages as the cold front wears on, and Dr. Anthony Fauci is clarifying the U.S. vaccination timeline.

Transcript

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0:00.0	This is Squawk Pod. I'm C.N.C. producer Katie Kramer. Today on our podcast,
0:07.0	The Cold Front taking Texas Energy by Storm,
0:10.4	CNBC's Brian Sullivan.
0:12.1	Because the predictions of the storm were apparently so far off,
0:16.0	the energy demand needs, or at least estimates, were far off.
0:21.0	And playing the game, awaiting the Reddit Rebellion hearing on Capitol Hill,
0:25.0	entrepreneur and investor Kevin O'Leary knows who he's rooting for.
0:29.0	In investing, you win and you lose. You make money, you lose money. That is for for every investor and if we can get an
0:34.5	18 year old learning that early on because we certainly haven't covered it for
0:38.1	them in high school or college if they have to learn it on Reddit and they have to
0:41.8	learn it trading on Robin Hood I'm okay with it.
0:44.4	But what's best for our system? Operation Hopes John Bryant.
0:47.8	It's in Wall Street's best interest.
0:49.8	He got to create a new generation of investing by educating them in the market with the market by the market.
0:57.0	Plus, Bézos is back on top. Dr. Fauchy clarifies our vaccine timeline and we'll hear from a new developer rebuilding Detroit
1:04.4	and battling bigotry.
1:06.0	Back to capital is a stark problem that emerging developers, African Americans, women,
1:11.6	minorities across the board, people across the board face and struggle with.
1:15.0	It's Wednesday, February 17th, 2021, Squawk Pod begins right now.
1:21.0	Good morning and welcome to Squ Box right here on see NBC.
1:25.0	I'm Andrew Ross working along with Joe Kern and Becky Quick is off today.
1:28.0	Jeff Bezos has reclaimed the title as the world's richest person
	...

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