Need for Institutional Industrial Strategy

The Senate has approved a funding package for the government, a first step in ending the shutdown. Facebook co-founder Chris Hughes offers his critique of the Trump administration’s tariff policy. He discusses the differences between industrial policy and “state capitalism,” and weighs the impacts of these policies on innovation. The FDA is removing a longtime warning for women considering hormone replacement therapy for menopause. FDA Commissioner Dr. Marty Makary addresses critics’ concerns about making this radical policy change without a large body of evidence to support it. Italy’s biggest pasta exporters are preparing to pull products from U.S. shelves in the new year, a response to President Trump’s 107% tariffs on Italian imports. Plus, Warren Buffett shared an update on Berkshire Hathaway and his own health in a Thanksgiving letter. 

Chris Hughes - 11:47

Dr. Marty Makary - 21:38

In this episode:

Joe Kernen, @JoeSquawk 

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

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