Squawk Pod

After Disney’s quarterly results, CFO Hugh Johnston discusses the company’s business, potential successors to Bob Iger, and Netflix’s planned purchase of Warner Brothers Discovery’s film assets. The Fed-critical Kevin Warsh is President Trump’s pick for Federal Reserve chair. Former SEC Chair and current U.S. attorney for the Southern District of New York Jay Clayton discusses the choice and its impact on the investor sentiment. Plus, Clayton weighs in on the Epstein files and Don Lemon’s arrest. Other stories in the headlines: silver and gold prices, resolving a partial government shutdown, and Nvidia CEO Jensen Huang is clarifying details of the company’s investments in OpenAI. 
Hugh Johnston - 18:27
Jay Clayton - 34:55
In this episode:
Becky Quick, @BeckyQuick
Joe Kernen, @JoeSquawk
Andrew Ross Sorkin, @andrewrsorkin
Katie Kramer, @Kramer_Katie

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Gold and silver prices are volatile after their worst trading day since 1980, oil prices are pulling back after President Trump indicated talks with Iran were ongoing, longtime government economist Brett Matsumoto has been named the new head of the Bureau of Labor Statistics, President Trump plans to close the Kennedy Center in Washington for 2 years of renovations, and new Amazon documentary “Melania” brought in $7 million at the box office in its opening weekend.

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After much Wall Street and Main Street anticipation, President Trump has announced his nominee for Federal Reserve chairman: Kevin Warsh. CNBC’s Steve Liesman discusses the choice, what it means for the markets, especially given Warsh’s history of critiquing the central bank itself. Exxon Mobil posted strong results this quarter, despite oil’s price decline. Exxon CEO Darren Woods discusses the global oil supply and Venezuela’s future. Plus, Maryland Governor Wes Moore discusses the future of the Democratic Party, including his own approach to affordability, wealth redistribution, and taxes. 

 
Governor Wes Moore - 03:44
Steve Liesman 20:38
Darren Woods 34:33

 
In this episode:
Wes Moore, @GovWesMoore
Steve Liesman, @steveliesman
Becky Quick, @BeckyQuick
Andrew Ross Sorkin, @andrewrsorkin
Katie Kramer, @Kramer_Katie

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Luke Rosen was working as an actor and writer in New York when his daughter Susannah was diagnosed with KIF1A, an ultra-rare neurodegenerative condition. It's often fatal. At the time they received Susannah's diagnosis, Luke and his wife Sally didn't have much hope. There was no treatment for KIF1A, and there wasn't much work being done on it among researchers.
 
But Luke, one of the most optimistic people you'll ever meet, did what so many parents of children with rare diseases do...he threw himself at the problem.
 
He and Sally started the KIF1A.org Foundation so they could start building research that could go towards finding a treatment for their daughter.  It was the beginning of a long journey for the family. Ultimately, that journey led them to the n-Lorem Foundation, an organization founded by CNBC Cures Advisory Board member Dr. Stan Crooke that offers free ASO treatments to individuals with nano-rare diseases. Thirty years in the making, Antisense oligonucleotide (ASO) technology bridges genomic discovery to personalized medicine one patient at a time. Because of the work done by n-Lorem, Susannah is now receiving treatment for her KIF1A. Luke says the treatments helped for while, though he's now worried the disease is catching up.

For more about Susannah's story: visit: https://www.kif1a.org/
n-lorem's work is here: https://www.nlorem.org/
 
Join us in advancing awareness and understanding of rare diseases. Visit CNBC.com/Cures to access clips, resources, or to sign up for our weekly newsletter. 
 
Follow Becky Quick on X: @BeckyQuick
Please share your thoughts or rare disease story in the comments, and join us on The Path.

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Meta has reported strong quarterly results, highlighting AI-driven shifts to the company’s business. The SEC and CFTC are hosting a joint conference to underscore collaboration on crypto and the digital assets market structure bill. SEC Chair Paul Atkins and CFTC Chair Mike Selig discuss the dynamic between the crypto and finance industries and making America competitive for crypto business. President Trump has warned Iran that it should make a nuclear deal with the U.S., or face a large-scale American attack. Former senior advisor on energy policy in the Biden administration’s State Department Amos Hochstein discusses the prospect of an attack on Iran over the weekend. Plus, Accuweather’s Bernie Rayno considers the likelihood of another winter storm over the weekend.

 
Paul Atkins & Mike Selig - 8:27
Amos Hochstein - 20:15
Bernie Rayno - 30:20

 
In this episode:
Paul Atkins, @SECPaulAtkins
Mike Selig, @MichaelSelig
Amos Hochstein, @amoshochstein
Brian Sullivan, @SullyCNBC
Becky Quick, @BeckyQuick
Andrew Ross Sorkin, @andrewrsorkin
Katie Kramer, @Kramer_Katie

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