Raising an ‘Anxious Generation’ & Protecting Consumers 5/17/24

The 2024 campaign cycle is in full swing. Pollster Frank Luntz discusses the candidate appeals to voters, and the first debate’s details that remain unconfirmed. President Biden announced a plan to forgive $7.7B in student loans, former President Trump will start accepting crypto donations, and challenger Robert F. Kennedy Jr. is rallying retail traders on X.  Plus, Urban Outfitters brands Free People and Anthropologie performed well in the last quarter, Vivek Ramaswamy has taken a stake in Buzzfeed, and CNBC’s Phil LeBeau reports that America’s cars are aging. Almost 9% of registered vehicles in the U.S. were made before 2000.  Frank Luntz - 13:53Phil LeBeau - 21:51 In this episode:Frank Luntz, @FrankLuntzPhil LeBeau, @LebeaucarnewsBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinMichael Santoli, @michaelsantoliKatie Kramer,@Kramer_Katie

Scarlett Johansson is taking aim at OpenAI after the company used a voice “eerily similar” to hers for its ChatGPT40 chatbot. Former White House CTO Aneesh Chopra weighs in on the controversy, the latest leadership shakeups at OpenAI, and the ways to build guardrails for society’s newest technology. Whole Foods co-founder and former CEO John Mackey shares his journey bringing health foods mainstream. Mackey discusses his new book, “The Whole Story,” as well as GMOs and the future of grocery. Plus, JPMorgan’s Jamie Dimon is discussing his succession plan, and Andrew Ross Sorkin is in Paris just 66 days until the 2024 Olympic Games.  John Mackey 16:46Aneesh Chopra 32:17 In this episode:Joe Kernen,@JoeSquawkBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie

Iran’s President Ebrahim Raisi has died in a helicopter crash. Karim Sadjadpour, senior fellow at the Carnegie Endowment for Peace Middle East Program, explains the issues Raisi’s death poses for Iranian leadership and succession. Hayman Capital Management founder and CIO Kyle Bass discusses China’s real estate crisis, its impact on GDP, and the CCP’s electric vehicle strategy. CNBC’s Kristina Partsinevelos explains Microsoft’s plans for AI PCs, many of which will be unveiled at the company’s Build developer conference. Plus, Xander Schauffele won his first major PGA title, and Blue Origin’s tourism rocket launched passengers to the edge of space after a two year hiatus.  Karim Sadjadpour - 16:15Kyle Bass - 22:50 Karim Sadjadpour, @ksadjadpourKyle Bass, @JkylebassJoe Kernen,@JoeSquawkBecky Quick,@BeckyQuickKatie Kramer,@Kramer_Katie

NYU Social Psychologist Jonathan Haidt discusses “The Anxious Generation,” his new book that explores the impact of social media on childhood mental health. Limits of screen time, age verification, and delaying smartphone introduction for kids are among Haidt’s suggestions for a safer youth. The Supreme Court has rejected an argument against the funding structure for the Consumer Financial Protection Bureau; CFPB Director Rohit Chopra says he’s relieved to get back to work protecting consumers and companies. Plus, Reddit and OpenAI have teamed up, Boeing supplier Spirit Aerosystems and the world’s top golfer Scottie Scheffler was arrested at a PGA championship event.  Rohit Chopra - 12:37Jonathan Haidt - 23:43 In this episode:Rohit Chopra, @chopracfpbJoe Kernen,@JoeSquawkBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie

President Biden and former President Trump have agreed to two unorthodox debates this election season. Former communications director for President Trump Anthony Scaramucci reacts to the news and the prospect of another Trump presidency. Scaramucci, an outspoken bitcoin bull, also discusses crypto’s recent surge. Sean Evans, host of viral YouTube show “Hot Ones,” discusses how he monetizes his celebrity interviews over hot chicken wings. Plus, Berkshire Hathaway has announced its secret stock pick: Chubb. Anthony Scaramucci  - 13:16Sean Evans - 26:43 In this episode:Sean Evans, @seanseaevansAnthony Scaramucci, @ScaramucciJoe Kernen,@JoeSquawkAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie

VaynerX Chairman and branding expert Gary Vaynerchuk discusses the evolution of media and advertising as upfront season kicks into gear. Federal prosecutors at the Department of Justice say Boeing breached its 2021 settlement protecting the company from criminal prosecution for the two fatal 737 Max crashes. CNBC’s Phil LeBeau discusses the implications for Boeing and the importance of the company for the industry at large. Senator Mark Warner (D-VA) is honing in on risks for the 2024 election, less than 6 months away. Plus, Nvidia’s CEO Jensen Huang made over $30m last year, a 60% hike from the year prior, Vanguard hired a former BlackRock executive as CEO, and the meme stock rally continues! But it might be fizzling out.  Phil LeBeau - 07:28Sen. Mark Warner - 15:57Gary Vaynerchuk - 23:43 In this episode:Gary Vaynerchuk, @garyveeSen. Mark Warner, @MarkWarnerPhil LeBeau, @LebeaucarnewsJoe Kernen,@JoeSquawkAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie

In a rare extended interview, Saba Capital Management founder and CIO Boaz Weinstein explains his campaign against the world’s largest asset manager, BlackRock. Weinstein, a renowned risk-taking trader on Wall Street, takes on BlackRock’s closed end funds over a decade after he famously “harpooned” the London Whale in 2011. Plus, meme stocks like GameStop are still surging, thanks to “Roaring Kitty,” the Biden administration is ramping up China tariffs, and Kraft Heinz is reportedly exploring an Oscar Mayer sale. Boaz Weinstein - 16:10 In this episode:Joe Kernen,@JoeSquawkBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinKatie Kramer,@Kramer_Katie

The Biden administration is planning to quadruple tariffs on Chinese electric vehicles. Investment banker and former Treasury official Roger Altman discusses fiscal policy’s impact on inflation and the road ahead for the American economy. Warby Parker co-CEOs Neil Blumenthal and David Gilboa are doubling down on their brick and mortar strategy, despite starting as an e-commerce brand. The two discuss their company’s journey since IPO, their history of monetization, and their omnichannel approach to driving revenue. Plus, OpenAI is launching a new product, Apple workers at a store in New Jersey have voted against unionization, GameStop is on the rise again, and some Duke students walked out of Jerry Seinfeld’s commencement speech in protest.   Roger Altman - 12:47Neil Blumenthal & David Gilboa - 24:02 In this episode:Joe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie 

Microsoft is investing $3.3 billion in an AI strategy in Wisconsin. Steve Case, co-founder of AOL and chairman and CEO of Revolution, discusses his own investments in projects in middle America and his optimism about big tech’s opportunities for economic growth outside of Silicon Valley. Happiness expert, author, AEI president emeritus, and Harvard professor Arthur Brooks weighs in on the turmoil across American college campuses. He’s optimistic about America’s period after unrest, and encourages listeners to love challenges to their perspectives, and to view the world beyond a good/evil binary. Plus, Chinese EV company Zeekr is ready to IPO, and Target is reportedly scaling back its Pride collections this summer.   Steve Case - 12:04Author Brooks - 24:45 In this episode:Arthur Brooks, @arthurbrooksSteve Case, @SteveCaseJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY 

House Speaker Mike Johnson (R-LA) discusses his own party’s push to oust him from his role. He says, lawmakers cannot afford to play petty politics with tensions high at home and abroad. Journalist Johann Hari has taken Ozempic for a year. He says it’s changed his life, but his new book “Magic Pill” details the dangers of weight loss drugs as well as their benefits. Plus, President Biden has given Israel an ultimatum, Disney and Warner Bros. Discovery are set to bundle their streaming content, and China’s electric vehicle race is speeding up.  Mike Johnson- 14:12Johann Hari - 27:54 In this episode:Mike Johnson, @SpeakerJohnsonJohann Hari, @johannhari101Joe Kernen,@JoeSquawkBecky Quick,@BeckyQuickAndrew Ross Sorkin,@andrewrsorkinCameron Costa, @CameronCostaNY