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SOTS 2nd Hour: Trump Vs. Musk, Job Openings Hold Up, Banks Break Out 7/1/25

Squawk on the Street

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Senate Tax Bill and Tech Tensions

This chapter explores the developments surrounding President Trump's tax and spending bill in the Senate, highlighting senators' varying positions and impending votes. It also discusses the political ramifications of Elon Musk's actions, including his contributions to congressional campaigns and their potential impact on fiscal conservatives. Additionally, the chapter examines the dynamics between Musk and Trump amid evolving challenges in the electric vehicle market, particularly regarding competition from China.

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