Squawk Pod

At the World Economic Forum in Davos, Switzerland, Andrew Ross Sorkin sits down for an extended interview with JPMorgan Chase CEO Jamie Dimon. He weighs in on President Trump’s second term and his plan for tariffs, American political sentiment, the impact of geopolitics on finance. Jamie Dimon - 04:25 In this episode: Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Andrew Ross Sorkin sits down with Microsoft CEO Satya Nadella at the World Economic Forum in Davos the morning after President Trump announced Stargate, a joint venture between OpenAI, SoftBank, and Oracle aimed to raise at least $100B for AI infrastructure. Nadella discusses AI’s impact on the labor force and Microsoft’s relationship with OpenAI, despite Salesforce CEO Marc Benioff suggesting a fissure in the relationship. Satya Nadella - 04:41 In this episode: Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

It’s the 55th annual World Economic Forum in Davos, Switzerland. While Becky Quick is in Washington covering President Trump’s first week of his second term, Andrew Ross Sorkin is in the Alps with business leaders like Ray Dalio, Bridgewater Founder. The famed hedge funder who authored “Principles” is out with new reading material: “How Countries Go Broke: Principles for Navigating the Big Debt Cycle, Where We Are Headed, and What We Should Do.” In a sit-down interview with Andrew, Ray Dalio explains America’s deficit, ways to navigate a debt crisis, and investing amid a global transition to a new world order. Ray Dalio - 6:56 In this episode: Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

In this special extended episode, Becky Quick speaks to insiders from Wall Street, Washington, and C-suites ahead of President Donald Trump’s inauguration as the 47th President of the United States. Tune in for over 2 hours of conversations with investors like Stanley Druckenmiller and David Rubenstein, Pfizer CEO Albert Bourla, and DC insiders including Senator Markwayne Mullin (R-Oklahoma), Senator Bill Hagerty (R-Tennessee), and Senator Chris Coons (D-Delaware). In this episode: Eamon Javers, @EamonJavers Steve Liesman, @steveliesman Robert Frank, @robtfrank Emily Wilkins, @emrwilkins Becky Quick, @BeckyQuick Cameron Costa, @CameronCostaNY

The Supreme Court ruled to uphold the TikTok ban in the U.S. in a unanimous decision. LightShed Ventures’ Rich Greenfield discusses President-elect Trump’s affinity for the app, and whether, despite the SCOTUS ruling, TikTok will remain functional. The ceasefire deal between Israel and Hamas could be approved this weekend; Amos Hochstein, the White House official who brokered the Israel-Hezbollah deal explains current negotiations in the Middle East, including the imminent exchange of prisoners. Plus, on Capitol Hill, cabinet confirmation hearings continue in the lead up to President-elect Donald Trump’s inauguration. Amos Hochstein - 14:09 Rich Greenfield - 28:28 In this episode: Rich Greenfield, @RichLightShed Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Israel and Hamas have reached a ceasefire deal, but last minute disputes have held up its approval. Former foreign policy advisor in the Bush Administration Dan Senor explains the nuances of the deal and argues, while it isn’t a good deal for Israel, he still supports it. Plus, President Biden delivers a warning in his farewell address, short seller Hindenburg Research is shutting down, and a number of tech CEOs are headed to Washington, for President-elect Trump’s inauguration. Dan Senor - 10:04 In this episode: Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

The SEC has filed a lawsuit against Elon Musk, alleging the billionaire underpaid for his shares of Twitter by at least $150 million. In big tech, Microsoft is cutting back on spending, and Meta will lay off 5% of its workforce. Ahead of the inauguration next week, former Speaker Paul Ryan discusses the GOP’s road forward and the unity required for a successful reconciliation bill. As LA plans its future beyond the fires, crisis management expert Eric Dezenhall highlights the political and economic fallout. Plus, Dezenhall’s new book, “Wiseguys and the White House," explores the relationships between U.S. Presidents and gangsters throughout U.S. history. Paul Ryan - 11:21 Eric Dezenhall - 26:52 In this episode: Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Four business days before he resigns on Inauguration Day, SEC Chair Gary Gensler reflects on his tenure at the agency, his relationship with the crypto community, and his legacy for investors across asset classes. In his exit interview before the SEC transitions to new leadership in a new administration, Gensler discusses legitimacy for various tokens on the blockchain, as well as the future of financial regulation. Plus, China is reportedly considering selling US TikTok to Elon Musk, and European regulators are eyeing big tech (again), and Starbucks is closing an open-door policy. Gary Gensler - 16:35 In this episode: Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

As Los Angeles fires continue, LA sports teams have partnered with Fanatics to contribute to the LA Fire Department Foundation and the American Red Cross. 100% of the proceeds from the “LA Strong” team-branded t-shirts will be donated; it’s part of Fanatics CEO Michael Rubin’s plan to support those affected by the devastation. CNBC’s Contessa Brewer offers insight on the efforts to rebuild from her location on the ground in LA. Billionaire investor Marc Lasry is doubling down on his sports investing strategy. He says, while he’s seeing debt financing opportunities in Northern Europe, he’s excited about the returns on sports leagues, especially women’s teams. After buying and selling the Milwaukee Bucks and investing in pickleball, Lasry says he has the cheat code for a successful sports investment. Plus, Meta’s Mark Zuckerberg criticized Apple in a recent interview with Joe Rogan. Marc Lasry - 14:26 Contessa Brewer - 32:40 Michael Rubin - 38:55 In this episode: Contessa Brewer, @contessabrewer Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

The Department of Justice and the SEC have filed civil and criminal charges against short seller Andrew Left. In a rare pre-trial interview, Left sits down with Andrew Ross Sorkin to discuss the case, the trades in Nvidia, Tesla, and others that are under scrutiny, and what the litigation means for other activist short sellers, including their posts on social media. Plus, the latest jobs report blew past expectations, CEOs and companies are donating to President-elect Trump’s inauguration, and Rep. Dusty Johnson (R-SD) has introduced a bill that could pave the way for the U.S. to purchase the Panama Canal, while the public considers the implications and debates the necessity of buying Greenland. Andrew Left - 18:30 In this episode: Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Zach Vallese, @zachvallese

Today the nation remembers President Jimmy Carter, whose state funeral is taking place in Washington. Stuart Eizenstat, who served as White House Domestic Policy Advisor under President Carter, delivers one of the eulogies during the funeral; in an interview beforehand, he reflects on his time working with the late President, as well as Carter’s economic legacy. Private equity firms aren’t like they were in the 80s! Steve Klinsky co-founded Goldman Sachs’s Leveraged Buyout Group in 1981, and he’s led his own firm New Mountain Capital since 1999. He reflects on the way the business started, and the type and scale of work he does now. He and his colleagues expect more dealmaking in 2025. Plus, Meta will allow some eBay listings on Facebook Marketplace, and in southern California, fires persist uncontained. Emily Wilkins - 11:45 Stuart Eizenstat - 14:55 Steve Klinsky - 24:53 In this episode: Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin

In a news conference lasting over an hour at Mar-a-Lago, President-elect Trump discussed the addition of Greenland, the Panama Canal, and Canada to the United States. Axios senior political reporter Marc Caputo explains that after over a decade of Donald Trump in American headlines, the public should take him seriously–at least some of the time. Trump also weighed in on the changes underway at Meta, including the shift from third party fact checking to a community notes model. Facebook’s first general counsel and former chief privacy officer Chris Kelly discusses what Mark Zuckerberg’s original intentions were, with his platform, and whether social media platforms should be “arbiters of truth.” Plus, fires continue to spread near Los Angeles, and Nvidia CEO Jensen Huang has projected a timeline for useful quantum computing. Chris Kelly - 18:06 Marc Caputo - 28:34 In this episode: Marc Caputo, @MarcACaputo Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

With just over a week left in her role as Chair of the Federal Trade Commission, Lina Khan reflects on her four years regulating corporate mergers and acquisitions. In an extended sit down interview, she discusses her hopes for her successor and weighs in on big tech’s goals to stay big in the coming years. Meta is making big changes; the UFC’s Dana White will join the company’s board, and Meta is rolling out “community notes,” ending its third party fact-checking program in favor of a model similar to what’s used on X. Plus, Canadian Prime Minister Justin Trudeau is stepping down. Jon Fortt - 13:26 Lina Khan - 23:02 In this episode: Jon Fortt, @jonfortt Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

After House Speaker Mike Johnson’s dramatic reelection, the lawmaker and President-elect Trump are reportedly planning a sweeping, multi-trillion dollar piece of legislation. Former Speaker Kevin McCarthy discusses the GOP’s position heading into the inauguration, as well as the future of DOGE, potential tariffs, and Elon Musk’s role in the incoming administration. During his last weeks in office, President Biden is pushing through executive orders ahead of Trump 2.0. The fitness industry has weathered the pandemic and the rise of GLP-1 weight loss drugs in the past 5 years. Joey Gonzalez, Co-CEO and fitness bootcamp instructor at Barry’s, discusses the GLP-1 impact on his industry and his clientele. Plus, tech CEOs including Apple’s Tim Cook are donating to Donald Trump’s inauguration, and NYC congestion pricing has begun. Kevin McCarthy - 14:54 Joey Gonzalez - 30:00 In this episode: Kevin McCarthy, @SpeakerMcCarthy Joey Gonzalez, @BootcampJoey Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Bourbon Street in New Orleans has reopened with a heavy police presence after the New Year’s Day attack that killed 14 people. Walter Isaacson, a Tulane University professor and New Orleans resident, weighs in on the city’s resilience. Next, college football’s inaugural 12 team playoff brought a revenue surge to college sports. Sports Business Journal editor Abe Madkour discusses the blowouts and the tweaks that may come next season. Plus, President Biden has officially blocked Nippon Steel’s $14.9 billion effort to buy U.S. Steel, a U.S. appeals court struck down the FCC’s landmark net neutrality rules, and the U.S. surgeon general issued a warning officially linking alcohol to cancer. Walter Isaacson - 10:02 Abraham Madkour - 24:18 In this episode: Walter Isaacson, @WalterIsaacson Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie

Happy New Year! 2025 brings executive turnover to multiple corporate teams, including Apple, which is replacing its CFO, and Disney, where Morgan Stanley’s James Gorman is helping find a successor to Bob Iger. Dartmouth Tuck School of Business professor Paul Argenti weighs the succession plans at both companies. And this January, we’re in the thick of cold, flu, RSV, and norovirus; former FDA Commissioner Dr. Scott Gottlieb discusses the uptick in illness this winter, as well as potential changes to the U.S. healthcare system. Plus, New York’s congestion pricing looms, and deadly incidents in New Orleans and Las Vegas prompted security concerns on New Year's Day. Scott Gottlieb - 13:26 Paul Argenti - 25:32 In this episode: Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie

In what U.S. Treasury officials described as a “major incident,” a state-sponsored Chinese hacking operation was able to access third-party software to tap into Treasury employees’ desktop computers. Theresa Payton, CEO of cybersecurity company Fortalice Solutions and former White House Chief Information Officer, discusses the implications of the hack. Next, CNBC’s Emily Wilkins breaks down why the last session of Congress is the least productive in the past several decades, enacting 427 pieces of legislation compared to numbers over 1,000 during other recent sessions. Plus, New York City congestion pricing is set to start as planned after a final ruling, and Elon Musk changed his name on X to “Kekius Maximus” and profile picture to Pepe the Frog. Happy New Year! Steve Kovach - 09:35 Theresa Payton - 19:45 Emily Wilkins - 31:18 In this episode: Theresa Payton, @TrackerPayton Emily Wikins, @emrwilkins Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie

Former U.S. President Jimmy Carter died on Sunday at age 100. Roger Altman served as assistant secretary of the U.S. Treasury under President Carter, and he reflects on former President Carter’s legacy in and after the White House. Next, The Wall Street Journal’s Tim Higgins discusses the rift between members of President-elect Trump’s inner circle and Elon Musk over immigration and H-1B visas. He explains about where Trump stands in the Musk-MAGA divide and examines Musk’s influence in political debates. Plus, Trump asked the Supreme Court to pause a law that could ban TikTok, and Treasury Secretary Janet Yellen said the Treasury will need to take “extraordinary measures” to avoid the debt ceiling. While the world mourns Jimmy Carter, the business community also mourns HBO and Cablevision founder Charles Dolan. Roger Altman - 14:08 Tim Higgins - 27:52 In this episode: Tim Higgins, @timkhiggins Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie

Recent rifts in MAGA-world have taken place both online and in the House Chamber. On X, Elon Musk is sparring with far-right activist Laura Loomer over HB-1 visas, dividing Musk fans. During the government funding battle last week, President-elect Trump criticized Rep. Chip Roy (R-Texas), a vocal opponent of the Trump-backed spending bill. Rep. Roy explains his and the other 37 GOP votes against the bill, underscoring his commitment to smaller government and responsible spending. Next, Russia rejected a call for an immediate ceasefire with Ukraine but said it’s ready to hold negotiations. Richard Haass, Council on Foreign Relations president emeritus, breaks down the implications. Plus, Netflix set a streaming record with its Christmas NFL games and Richard Parsons, former Time Warner CEO, has died at age 76. Chip Roy - 17:21 Richard Haass - 27:03 In this episode: Rep. Chip Roy, @chiproytx Richard Haass, @RichardHaass Andrew Ross Sorkin, @andrewrsorkin Melissa Lee, @MelissaLeeCNBC Katie Kramer, @Kramer_Katie

Disney has reclaimed the top box office market share this year with “Moana 2,” “Inside Out 2,” and “Deadpool and Wolverine.” CNBC’s Julia Boorstin reports on the booms and the bust of the Lion King prequel “Mufasa.” Next, Aman Advani, CEO of the workleisure company Ministry of Supply, discusses the challenge that President-elect Trump’s tariffs pose to retailers and the potential cost of reshoring. Plus, which tech companies won Christmas? CNBC’s Steve Kovach breaks down the top tech gifts under the tree. Julia Boorstin - 13:12 Aman Advani - 16:56 Steve Kovach - 25:30 In this episode: Julia Boorstin, @JBoorstin Andrew Ross Sorkin, @andrewrsorkin Melissa Lee, @MelissaLeeCNBC Katie Kramer, @Kramer_Katie