Squawk Pod

Elon Musk, Sued! CEOs & the GOP with Fmr. Speaker Paul Ryan 01/15/25

Jan 15, 2025
Former Speaker Paul Ryan, now chair of Teneo, discusses the GOP's path forward amidst factionalism and the need for unity. He highlights challenges posed by recent legal controversies, including Elon Musk's SEC lawsuit. Ryan delves into the Republican Party’s ambitions for a reconciliation bill while balancing traditional values with populist influences. Economic optimism among CEOs is juxtaposed with the necessity for strategic legislative action in a divided Congress. The conversation wraps up with insights into crisis management related to California's wildfires.
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ADVICE

Republican Unity

  • Republicans need to stay unified to pass the reconciliation bill and deliver on their promises.
  • This unity is crucial, especially given the tight margins in the House.
INSIGHT

Reconciliation Strategy

  • There are differing opinions on whether to use reconciliation once or twice for the tax cuts bill.
  • Paul Ryan suggests deferring to key committee members like Mike Johnson and Jason Smith.
ANECDOTE

Call for Unity

  • Joe Kernen playfully needles Paul Ryan for now calling for unity after previously arguing.
  • Ryan explains that he wants Trump to succeed as it benefits the country, despite their differing conservative views.
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