Squawk Pod Palantir CEO Alex Karp & Treasury Secretary Scott Bessent 11/4/25
19 snips
Nov 4, 2025 
Treasury Secretary Scott Bessent discusses the use of the International Emergency Economic Powers Act for tariffs and the current government shutdown's economic repercussions. He outlines emergencies justifying these measures and stresses the need for centrist Democrats to support negotiations. Meanwhile, Palantir CEO Alex Karp reflects on his company's strong earnings, disputes with short sellers, and the importance of AI in adding value without compromising civil liberties, emphasizing the need for inclusivity in AI advancements.
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Remembering Dick Cheney
- The hosts report Vice President Dick Cheney's death and recount his health history and public roles.
- They mention his heart transplant and influential role in the Bush administration.
IEPA Framed As A National Security Tool
- Scott Bessent argues the IEPA use for tariffs is a national security tool used during genuine emergencies.
- He says emergencies included fentanyl, trade deficits, and rare earths threats that required swift executive action.
Reopen First, Negotiate Later
- Scott Bessent urges Democrats to reopen the government so negotiations on health care can begin.
- He explicitly tells five moderate Democrats to cross the aisle and end the shutdown to restart talks.