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Squawk Pod

SEC Chairman Exit Interview; Vaccine Supply & Distribution; David Boies & an Uncontestable Election

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 19 November 2020

⏱️ 37 minutes

🧾️ Download transcript

Summary

David Boies, the lawyer who counseled former Vice President Al Gore in the 2000 election Florida recount, says President Trump will be unable to overturn the 2020 election results. Covid-19 cases are rising with hopes for an effective vaccine. In light of positive news from Pfizer, Moderna, and AstraZeneca, former Aetna CEO Mark Bertolini considers the current plans for managing supply and distribution and offers his own method as an alternative. SEC Chairman Jay Clayton is leaving his post after 3 years. In his exit interview on CNBC, he weighs in on cryptocurrency, the SPAC frenzy, and the next disruptors to the US financial system.

Transcript

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0:00.0

This is Squawk Pod. I'm C. NBC producer Katie Kramer. Today on our podcast.

0:07.0

COVID cases rise and so do the hopes for a vaccine.

0:11.0

Former Aetna CEO Mark Bordalini, on supply and distribution.

0:15.0

We've decided to allocate it up to the states, and I think that's wrong.

0:19.0

And how he'd do it instead.

0:20.7

As the vaccines come along, you need to have the ability to track and trace

0:25.3

Diagnostics, antibodies, and the vaccines because we don't know yet in any of these

0:31.5

vaccines how long the immunity is.

0:33.9

SEC Chairman Jay Clayton's exit interview.

0:36.4

He's saying goodbye to his post, but he's keeping an eye on disruptions to the financial

0:40.1

system, like SPACs and of course crypto.

0:43.0

Our current payment mechanisms domestically and internationally have inefficiencies.

0:48.0

Those inefficiencies are the things that are driving the rise of Bitcoin.

0:52.0

Plus the lawyer who counseled Al Gore. things that are driving the rise of Bitcoin.

0:53.0

Plus the lawyer who counseled Al Gore in the 2000 Florida recount David Boys on 2020.

0:59.4

There is no way that's no

1:04.0

political way there's no legal way there's not going to be any military

1:08.4

coup it's Thursday November 19th 20 20 20

1:12.2

20 20 make it stop.

1:13.6

Feels like March still.

1:15.2

Squawk Pack begins right now.

1:17.9

Good morning, everybody.

...

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