meta_pixel
Tapesearch Logo
Log in
Squawk Pod

Worse than Teenagers: Sen. Rand Paul on Congressional Spending 7/10/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 10 July 2025

⏱️ 44 minutes

🧾️ Download transcript

Summary

Senator Rand Paul (R-Kentucky) stood firm on his “no” vote on President Trump’s megabill. He explains why the legislation’s additions to the deficit were too high for him to change his vote, and why he proposed a spending “leash” as a compromise. Rockefeller Capital Management CEO Greg Fleming digs into market performance in 2025. We were due for an adjustment, he says, but the U.S. stock market is resilient, and American exceptionalism is not over yet. Plus, X CEO Linda Yaccarino is stepping down, Ferrero Rocher is buying cereal company WK Kellogg, Nvidia has touched the $4T market cap threshold, and President Trump is threatening a 50% tariff against Brazil for political reasons. Megan Cassella - 7:41 Rand Paul - 21:14 Greg Fleming - 34:59 In this episode: Sen. Rand Paul, @RandPaul Megan Cassella, @mmcassella Joe Kernen, @JoeSquawk Contessa Brewer, @contessabrewer Robert Frank, @robtfrank Katie Kramer, @Kramer_Katie

Transcript

Click on a timestamp to play from that location

0:00.0

Bring in show music, please.

0:03.0

Hi, I'm CNBC producer Katie Kramer.

0:07.0

Today on Squawk Pot.

0:09.0

Voting no, Republican Senator Rand Paul stood firm on his no on the giant spending bill.

0:15.0

It adds about $270 billion to the debt.

0:18.0

In addition, they raised the debt ceiling $5 trillion.

0:22.0

He was ready to compromise as long as Congress would revisit the debt ceiling every three months.

0:27.8

You need a shorter leash because you haven't shown that you're responsible with money.

0:32.5

And Rockefeller Capital Management CEO Greg Fleming on the surprising market performance in 2025.

0:39.2

In the last three or four months, the word I'm using is resilience.

0:43.4

Plus, the Trump tariffs hitting Brazil, a change at the top of X, NVIDIA's massive market cap.

0:50.1

Just in the past year, they added an entire Berkshire Hathaway.

0:54.0

And the sweet smell of a candy, cereal marriage.

0:57.8

What happens to lucky child?

0:59.0

I mean, that, you're not lucky anymore if you don't have the green shamrock.

1:03.1

It's Thursday, July 10th, 2025.

1:06.2

Squawk Pod begins right now.

1:08.7

Stand by Joe.

1:09.6

And three, two, one.

1:11.8

His mic.

1:12.2

Thank you.

1:14.3

Good morning and welcome.

...

Transcript will be available on the free plan in 7 days. Upgrade to see the full transcript now.

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.

Copyright © Tapesearch 2025.