Squawk Pod Bill Pulte, A UAW Strike in Ohio, & the ‘Good Genes’ Payoff 9/4/25
Sep 4, 2025
Bill Pulte, head of the Federal Housing Finance Agency, details his push against Federal Reserve Governor Lisa Cook amid allegations of misconduct. Shawn Fain, President of the United Auto Workers, discusses a rejected deal and the ongoing strike at GE Aerospace, shedding light on labor rights vs. corporate profits. Eamon Javers, CNBC's Senior White House Correspondent, weighs in on the White House's tech summit and evolving political dynamics. The conversation dives into the intersection of housing policy, labor negotiations, and current economic challenges.
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Company Payouts Vs Worker Demands
- Shawn Fain frames GE Aerospace's stance as financially reckless given massive profits and buybacks.
- He argues workers seek a small share of profits, not outsized compensation.
Frame Demands With Clear Dollar Comparisons
- Do consider the full contract cost relative to corporate cash flows and buybacks when evaluating settlement offers.
- Use clear dollar comparisons to show how small settlement costs are versus shareholder returns.
Wage Percentage Masks Cost Shifts
- Fain says the headline wage percentage hides a simultaneous proposed rise in health-care premiums.
- He contends premium hikes would offset the nominal wage gains for workers.