Squawk Pod
“Long Live the King:” State vs. Federal Rights 2/20/25
Feb 20, 2025
The podcast tackles the heated debate over New York City's congestion pricing and the tug-of-war between state and federal rights. Business leaders weigh in on the pros and cons of this controversial plan. Meanwhile, Palantir's stock takes a hit amidst CEO Alex Karp's share sale news. Discussions also include Trump's potential plan for DOGE dividends and Andrew Ross Sorkin's upcoming book about the 1929 Wall Street crash, linking past financial crises to today's challenges. It's a riveting mix of economics, politics, and urban strategy.
31:42
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Quick takeaways
- The ongoing debate on congestion pricing in New York City illustrates the tension between state authority and federal oversight in local economic strategies.
- Recent fluctuations in Palantir's stock, following CEO Alex Karp's share sale announcement, highlight how leadership decisions can significantly impact investor confidence and market perception.
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