Speaker Johnson, Mark Duplass, & Getting SALT Back 09/18/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 18 September 2024

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

The House of Representatives is voting on a stopgap funding bill–but Washington expects it to fail. Speaker Mike Johnson (R-LA) discusses the voter verification legislation that he’s attached to the bill, despite limited Republican support. Actor, writer, and producer Mark Duplass is known for his roles on The Morning Show and The Mindy Project, but he’s betting on a big shift for streaming. Ahead of the launch of “Penelope,” Duplass explains his inspiration for his new series and for a new approach to the entertainment business. The EU has ruled to annul a $1.7B fine on Alphabet, and Steve Cohen is stepping further back from the trading desks at Point72, and Ozempic might be targeted for a price cut. Plus, former President Trump has vowed to “get SALT back” if reelected, despite having signed the SALT deduction cap into law during his first term. Speaker Mike Johnson - 16:02 Mark Duplass - 32:38 In this episode: Mike Johnson, @SpeakerJohnson Mark Duplass, @MarkDuplass Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer, today on Squack Pod.
0:09.0	House Speaker Mike Johnson, hours ahead of a vote on a government funding bill, that all of Washington
0:15.7	expects to fail.
0:17.2	He's linked it to voting legislation with limited support among Republicans, but the Speaker
0:22.0	says it's up to his colleagues across the aisle.
0:25.0	If the government shuts down and he refuses to move that bill, it's on him.
0:28.9	The Democrats will have shut the government down, not the Republicans.
0:31.5	We're doing our job.
0:33.6	And actor Mark Duplas plays a staffer on a morning show on TV, but he bets on himself
0:38.5	as a creator.
0:39.7	What we're seeing in the business right now, unfortunately, is the death of the streaming wars.
0:45.0	He gives us a front line view of the streaming wars.
0:48.2	They made too much stuff, they spent too much money, they're not profitable, and now they are
0:52.2	freaking out.
0:54.8	Plus Google wins an antitrust fight in Europe,
0:57.4	negotiating the price of your OZEMPEC,
1:00.0	and eliminating the cap on state and local taxes
1:03.4	popular in surprising places.
1:05.4	I certainly didn't get a tax guy.
1:06.8	I'm not a fat cat.
1:08.8	It's Wednesday, September 18, 2024.
	...

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