Boeing Strikes, DEI Rollbacks, & China Week on the Hill 09/13/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 13 September 2024

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Over 30,000 Boeing employees are on strike after the workers union rejected its negotiated contract. After “China week” on Capitol Hill, Rep. Raja Krishnamoorthi (D-IL) discusses the 2 dozen China-focused bills lifted in Congress, and argues that the CCP would prefer the uncertainty and division of a second Donald Trump presidency. Companies including Tractor Supply, Molson Coors, John Deere, Lowe’s, and Ford have announced they’re rolling back Diversity, Equity, and Inclusion policies at their respective companies. Human Rights Campaign President Kelley Robinson calls the decisions shortsighted for employees and customers, and says, at least $1.4T of LGBTQ+ spending power is at stake. Plus, tech CEOs like Nvidia’s Jensen Huang went to the White House this week. Rep. Raja Krishnamoorthi - 14:34 Kelley Robinson - 21:47 In this episode: Rep. Raja Krishnamoorthi, @CongressmanRaja Kelley Robinson, @HRC_President Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in show music please.
0:04.0	This is Squack Pod from CNVC.
0:07.0	I'm producer Cameron Costa and on today's episode,
0:11.0	Boeing Union Workers go on strike for the first time since 2008 after
0:17.2	overwhelmingly rejecting their contract.
0:20.0	What shocks me with this is how out of step not only the company was with the union rank and file,
0:26.7	but the union leadership that actually negotiated this.
0:29.7	And it's China Week on the hill.
0:33.2	Congress is making a policy push,
0:35.6	but Democratic Congressman Raja Kishnamorthy
0:38.6	says do better.
0:40.1	I think China Week was weak on China.
0:42.6	From his perspective, more is needed.
0:45.3	This is not lost on the Chinese Communist Party.
0:48.0	They believe that we're hopelessly partisan,
0:50.4	hopelessly divided and tribal.
0:53.0	Plus, some companies are rolling back their diversity, equity, and inclusion policies.
0:58.0	President of the Human Rights Campaign, Kelly Robinson joins us to respond.
1:03.0	This is not where the majority of the companies are,
1:05.0	and it's not just out of the kindness of their hearts,
1:07.0	it's because they know that this is what the workforce and consumers demand.
1:10.0	Those conversations and much, much more this September, Friday, the 13th.
	...

Transcript will be available on the free plan in -200 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.