Squawk Pod

Discover how Treasury Secretary Scott Bessent predicts a smooth passage for President Trump’s tax bill. Explore the excitement around a $200 million funding round for betting site Polymarket. Dive into the new opportunities for crypto investors seeking private company access. Learn about chip design firm Ambarella’s potential sale and the impressive quarterly results expected from Micron. Plus, gain insights into investment strategies that promise to maximize potential!

Mike Lawler, a Republican Representative from New York, provides insights on the complex Israel-Iran conflict and discusses the SALT deduction cap's implications for homeowners. Kathryn Wylde, President of the Partnership for New York City, analyzes the competitive landscape of the mayoral race, focusing on rising candidates and business community concerns. Their conversation intertwines international tensions with local election dynamics, emphasizing the political and economic challenges ahead as New Yorkers prepare to cast their votes.

Retired U.S. Army Colonel Jack Jacobs, a Medal of Honor recipient and military strategy expert, discusses the U.S. military strikes on Iranian nuclear sites and potential repercussions for U.S.-Iran relations. Daniel O'Day, CEO of Gilead Sciences, shares insights on the FDA's approval of a groundbreaking injectable HIV prevention drug and its significance for public health. Both guests provide valuable perspectives on geopolitical tensions and innovations in healthcare, underscoring the interplay of politics and science.

The podcast dives into major market shifts following U.S. strikes on Iran and their impact on oil prices. Tesla launches its robotaxi service in Austin, reshaping transportation. Apple is potentially boosting its AI capabilities with a major acquisition on the horizon. Plus, a celebration as the Oklahoma City Thunder captures the NBA Championship amidst concerns about player injuries and ratings challenges in the league. These intriguing developments set the stage for dynamic discussions around business and sports.

Nir Barkat, Israel's Minister of Economy and Industry, shares insights into Israel's strategies against Iran and the implications of potential U.S. military involvement. Katie Haun, CEO of Haun Ventures, discusses the GENIUS Act, which seeks to regulate stablecoins and hints at a transformative future for digital currencies. Their conversation touches on geopolitical dynamics, the rise of U.S. millionaires, and the evolving landscape of cryptocurrency regulation, emphasizing both the complexities and opportunities in these areas.

Get ready for crucial updates impacting the stock market! President Trump hints at a decision on U.S. involvement in the Middle East soon. Meanwhile, a meeting between Iran's foreign minister and European counterparts sparks intrigue. SoftBank is eyeing a massive robotics and AI project with TSMC in Arizona. On the tech front, Microsoft may pull out of negotiations with OpenAI. And in a dramatic twist, a SpaceX Starship rocket explodes during testing in Texas. Buckle up for a whirlwind of significant news!

Retired General Wesley Clark shares his insights on U.S. military strategy regarding Iran, advocating for a balanced approach of diplomacy and military readiness. Former presidential candidate Andrew Yang raises crucial concerns about AI's threat to the job market, emphasizing the need for protective measures like Universal Basic Income. They also touch on the competitive landscape for AI talent, with big players offering hefty salaries, and highlight recent shifts in food industry practices towards eliminating artificial ingredients.

Tensions rise as Israel and Iran exchange airstrikes for the sixth consecutive day, prompting discussions about potential U.S. military action. Amazon's CEO reveals how generative AI could shrink corporate workforces. In a surprising twist, a New York City mayoral candidate is released after an arrest at an immigration court protest. The Senate moves to regulate stablecoins with the passage of the Genius Act, while looming tax cuts under Trump are estimated to add $2.8 trillion to deficits over the next decade.

This podcast features Scott Gottlieb, the former FDA Commissioner and current board member for Pfizer, who discusses the vital effects of funding cuts on health research and the innovation pipeline. Additionally, investor Steve Eisman shares his outlook on market risks tied to the Israel-Iran conflict and the potential for a trade war, offering his unique insights on navigating these turbulent times. The discussion also hints at the emerging drama between OpenAI and Microsoft and the public market ambitions of crypto billionaire Justin Sun.

Phillip Swagel, Director of the Congressional Budget Office, provides insights on the U.S. economy, including concerns over a potential $2 trillion deficit linked to proposed tax cuts. Frederick Kempe, President and CEO of the Atlantic Council, discusses the escalating tensions between Israel and Iran and their historical significance. They explore the implications these conflicts have on regional stability and the future of Israeli-Saudi normalization. The episode also highlights key takeaways from the G7 summit and Anne Wojcicki's acquisition of 23andMe.