UnitedHealth stock fell on a Wall Street Journal report that the DOJ is investigating the insurer’s Medicare billing protocol. Former FDA Commissioner Dr. Scott Gottlieb explains the nuances of the health insurance system, and he considers how the Trump administration will handle rising cases of bird flu. And big news from Coinbase: CEO Brian Armstrong says the SEC will drop its case against the company. Armstrong explains his approach to regulation in a new administration, the future of memecoins, and the merit in prediction markets. CNBC’s Robert Frank discusses the IRS plan to cut 6% of its workforce. Plus, Meta has approved a plan for bigger bonuses for some executives.

Robert Frank - 10:23

Dr. Scott Gottlieb - 18:40

Brian Armstrong - 32:57

In this episode:

Robert Frank, @robtfrank

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

President Trump has declared New York City “saved” from congestion pricing in a recent Truth Social post. President and CEO of the Partnership for New York Kathryn Wylde weighs in whether the state is his to save, and shares the pros and cons for the city’s plan. Palantir is plunging after the CEO Alex Karp unveiled his share sale plan, and President Trump is weighing a plan to offer DOGE dividends. Plus, Andrew Ross Sorkin has written a new book! “1929: The Inside Story of the Greatest Crash in Wall Street History” is out in October.

Kathryn Wylde - 21:28

In this episode:

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

New York Governor Kathy Hochul has met with NYC officials amid resignations and corruption and quid pro quo allegations in Mayor Eric Adams’s office. NYC Comptroller Brad Lander, who attended Gov. Hochul’s meeting and is currently running against Mayor Adams in the 2025 mayoral race, explains his concerns about a “leadership vacuum” in New York. Lander weighs in on immigration policy and the city’s future. President Trump has moved to expand the White House’s authority in his second term; UC Berkeley law professor and former official in President George W. Bush’s Department of Justice John Yoo explains the tension between the branches of government, as well as the constitutional implications of President Trump’s executive orders. Plus, DOGE’s power and 25% tariffs are brewing–and concerning–for pharma companies and autos. Happy Birthday, Andrew!

Brad Lander - 15:01

John Yoo - 32:58

In this episode:

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

Palantir CEO and co-founder Alex Karp has written a new book: “The Technological Republic: Hard Power, Soft Belief, and the Future of the West.” Karp explains his call to arms for Silicon Valley, underscoring the geopolitics ingrained in Western tech innovation. In Riyadh, the Saudis hosted the U.S. and Russia for discussions to end the Ukraine-Russia War–without the Ukrainians or any other Europeans. Former Deputy National Security Advisor to President Trump Victoria Coates explains the significance of the meetings and what it might portend for geopolitics, including global energy markets, and access to rare earth minerals in Ukraine. Plus, four officials have resigned from the NYC Mayor’s office amid calls for Mayor Adams’ own resignation, and a Delta plane crash in Toronto resulted in zero fatalities.

Phil LeBeau - 10:08

Victoria Coates - 18:09

Alex Karp - 27:48

In this episode:

Phil LeBeau, @Lebeaucarnews

Becky Quick, @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie

Maryland's proposed tax overhaul aims to address a $3 billion budget deficit by increasing taxes on the wealthiest residents. Governor Wes Moore discusses the details of the state’s new budget proposal, weighing spending cuts versus raising taxes and strategies to spur growth in the state. Then, "Saturday Night Live" celebrates its 50th anniversary with a special three-hour live broadcast. Former and current cast members including Alex Moffat, Garrett Morris, Taran Killam, Jay Pharoah, and Chloe Fineman crash the Squawk set to discuss the show's 50-year legacy. Plus, CNBC's Eamon Javers analyzes President Donald Trump's flurry of executive orders, and GameStop explores potential investments in bitcoin and other cryptocurrencies.

Eamon Javers - 02:16

Gov. Wes Moore - 18:09

SNL Cast - 29:25

Eamon Javers, @EamonJavers

Saturday Night Live Cast, @nbcsnl

Wes Moore, @GovWesMoore

Joe Kernen, @JoeSquawk

Kelly Evans, @KellyCNBC

Zach Vallese, @zachvallese

Elon Musk will withdraw his $97.4 billion bid for OpenAI’s nonprofit arm if the ChatGPT maker stops its conversion into a for-profit entity, according to a court filing. Geoff Lewis, Bedrock founder and an investor in OpenAI, discusses AI competition, Elon Musk, and more. President Trump announced new 25% tariffs on all steel and aluminum imports into the U.S., on top of existing metals duties, in another major escalation of his trade policy overhaul. Jeff Currie, Carlyle chief strategy officer of energy pathways, discusses the impact of President Trump’s tariffs on commodities, producer inflation, and the state of U.S. oil production. Plus, Alibaba says it will be Apple’s AI partner in China, and President Trump announced his call with Russian leader Vladimir Putin, during which they discussed negotiating to end the war in Ukraine.

Geoff Lewis - 8:46

Jeff Currie - 17:20

In this episode:

Geoff Lewis, @GeoffLewisOrg

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Cameron Costa, @CameronCostaNY

President Trump and Elon Musk defended DOGE’s sweeping government reforms during a joint Oval Office appearance, highlighting their effort to curb what they call excessive federal spending. Trump signed an executive order providing new guidelines for agencies to implement DOGE, reinforcing Musk’s vision of a leaner bureaucracy. Joe Lonsdale, 8VC founding partner, Palantir co-founder, and friend of Elon Musk, shares his thoughts on Musk’s growing role in DC, his $97B+ bid for OpenAI, and the debate over carried interest. CNBC’s Phil LeBeau reports on whether the U.S. has hit peak truck and SUV demand, Disney, Goldman Sachs, and PBS are rolling back aspects of their DEI programs, and JPMorgan Chase workers are pushing back on the five-day office mandate.

Joe Lonsdale 17:10

Phil LeBeau 37:34

Joe Lonsdale, @JTLonsdale5

Phil Lebeau, @Lebeaucarnews

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Cameron Costa, @CameronCostaNY

Hamas has postponed its next hostage release, alleging Israel of breaching their ceasefire agreement. Amos Hochstein, former Biden senior advisor and lead broker of the Israel-Lebanon deal, maps out the next incremental steps toward a stable Middle East. In the U.S., a judge has blocked the Trump administration’s proposed cuts to the National Institutes of Health's research funding. Dr. Scott Gottlieb addresses the potential impacts of these funding reductions on clinical studies, and he considers potential cuts to the FDA, as well. Elon Musk is leading an investor group’s $97.4B offer to take over OpenAI; CEO Sam Altman confirmed to CNBC, he is not taking it seriously. Plus, President Trump has paused enforcement of a law banning US companies from bribing foreign officials, claiming it puts American firms at a disadvantage.

Amos Hochstein - 15:49

Dr. Scott Gottlieb - 28:34

In this episode:

Amos Hochstein, @amoshochstein

Dr. Scott Gottlieb, @ScottGottliebMD

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Cameron Costa, @CameronCostaNY