Squawk Pod

The Democratic Party: What Now? 07/22/24

Jul 22, 2024

CNBC's Eamon Javers and Axios's Mike Allen discuss the potential nominees for the Democratic Party following President Biden's endorsement of VP Kamala Harris. Venture capitalist Vinod Khosla calls for an open convention and emphasizes the importance of values in this election. Other topics include Berkshire Hathaway's stock sale and Delta's IT outage.

38:37

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Episode guests

Mike Allen

Eamon Javers

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Episode notes

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Quick takeaways

Advocating for transparency, Vinod Khosla supports an open convention process in the Democratic Party.

Emphasizing values over personal gain, Khosla denounces support for candidates lacking moral integrity.

Deep dives

Open Convention Advocacy

Advocating for an open convention process in the Democratic Party, Vinod Khosla emphasizes the importance of a broader selection process. He believes that the lack of a formal democratic primary necessitates a more inclusive approach to allow various candidates, possibly including Senator Joe Manchin, to participate. Despite expressing confidence in Vice President Kamala Harris' potential to beat Trump, Khosla underscores the significance of a transparent and competitive selection process to strengthen the nominee's position.

Intro

2min

Transition of Power and Internal Campaign Dynamics

10min

Democratic National Committee Ballot Concerns, Republican Lawsuits, and Berkshire Hathaway Bank of America Stock Sale

4min

Analyzing Vice President Harris' Advantages and Speculations on Running Mate

2min

Challenges and Strategies in Vice Presidential Candidate Selection for the Democratic Party

11min

Democratic Party Candidates and Values Discussion

2min

Advocating for an Open Convention and Candidate Selection Process

9min

Venture Capitalists and Political Alignment in Silicon Valley

2min

After President Biden ended his re-election bid, he endorsed Vice President Kamala Harris. CNBC’s Eamon Javers reports on VP Harris’s spike in donations over the weekend, as well as the road toward the Democratic National Convention in August. While some Democrats have already endorsed VP Harris, former President Barack Obama and former Speaker Nancy Pelosi have not, which leaves the door open for other candidates vying for the nomination. Axios’s Mike Allen explains the other candidates who could come forward. Venture capitalist Vinod Khosla is an independent who hosted a Biden fundraiser in May; today, he’s calling for an open convention, but will support VP Harris if she wins the nomination. For Khosla, values are at stake this election, and more important than economic issues. Plus, Warren Buffett’s Berkshire Hathaway has sold $1.5B worth of Bank of America stock, and Delta is still recovering from the largest IT outage in history.

Eamon Javers 2:07

Mike Allen 16:30

Vinod Khosla 29:57

In this episode:

Vinod Khosla, @vkhosla

Mike Allen, @mikeallen

Eamon Javers, @eamonjavers

Becky Quick,@BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin,@andrewrsorkin

Katie Kramer,@Kramer_Katie

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Squawk Pod

The Democratic Party: What Now? 07/22/24

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Open Convention Advocacy

Values vs. Opportunism

Financial Support and Political Alignment

Silicon Valley Dynamics

Remember Everything You Learn from Podcasts