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Transcripts For CNBC Squawk On The Street 20240712

Increase you dont have to sell your stocks to beat some kind of Capital Gains rate that is quo going to be punitive for rich people im not saying it is solely business as usual. But i am saying that if you own tech stocks, which a lot of people do, there is nothing to keep the stocks from going higher remarkable night, pollsters seem to think there would be this blue wave that got avoided if anything, there is, i think, a recognition that whatever the heck we had before election day seems to be the same after so, david, you know, i feel kind of business as usual for us. Well, it is, carl, not business as usual this morning as you say as the votes continue to be counted in important battleground states. Three you mentioned. Want to add georgia in there, potentially North Carolina, still those early votes, carl, being counted and tabulated and were paying close attention we are, guys. In fact, front and center this hour, the president ial election remains unsettled as voting continues as

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Transcripts For CNBC Closing Bell 20240712

Wall street is looking for any clarity on stimulus following President Trumps tweets, suspending further negotiations until after the election yesterday but calling for targeted relief since then for airlines, Small Business and a new round of 1200 checks. Eli lily saying its seeking emergency use authorization for antibody treatment dr. Gottlieb says its a major step forward got a bit of reversal from yesterday. Quite so. On todays show, restauranteur danny meyer putting out a plea for lawmakers to come up with a stimulus plan. He will discuss what it would mean for the Hospitality Industry if help doesnt come through soon plus kara swisher on whether any of that will mean real change Steve Liesman has the fed update for us, and joining us to break it all down is jeff sherman from double line capital. Steve, lets start with you. Wilf, thanks. Fed officials in their meeting from september had begun to have concerns about the possibility additional stimulus would fail in congress. They

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Transcripts For CSPAN2 House Hearing On Coronavirus Impact To Restaurant Operations 20240712

Public officials and stand up until the American People exactly what they thought. To paraphrase place in that day in 1972, coming to be that candidate. It i will say to you, with every breath in my body and i will never ever let you down. On sunday profile the former Vice President joe biden. And President Donald Trump from cspans video library. 6 30 p. M. , on the political career of joe biden. Standing 30 years from his three president ial campaigns, his time in the senate and is Vice President. In a 9 30 p. M. , Jonathan Carl of abc news and julie pace from the Associated Press political career of President Trump going back to decades from real estate developer, Reality Television start becoming the nations 45th president. What profiles in the president ial candidates, sunday at 6 30 p. M. And 9 30 p. M. Eastern. On cspan and cspan. Org. Resident cspan radio app. Watch book tvs coverage of the 20th and book festival this weekend, this Virtual Event hosted by library of congress fea

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Transcripts For CSPAN2 Pharmaceutical Executives Testify On Drug Pricing Day 2 20240712

Twopart hearing with drug company leaders. It is three hours 35 minutes. Welcome to todays hybrid hearing pursuant to House Speaker rules some members will appear in person and others will appearer remotely. Some members are appearing in person, let me first remind everyone that pursuant to the latest guidance of the house attending physician, all individuals attending this hearing and person must wear a face mask, unless you are speaking. Members whono are not wearing a face mask will not be recognize recognized. Let me also make a few reminders for these members appearing in person. You will only see members and witnesses appearing remotely on the monitor in front of you. When they are speaking and what is known as web act as active speaker view. A timer is visible in theib room directly in front of you. For members appearing know youre all familiar with web ex by now, but let me remind you of a few points. Whether they are in person or remote song as they have their web ex set to ac

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Transcripts For CSPAN2 House Hearing On Coronavirus Impact To Restaurant Operations 20240712

Substantive debate even as we conduct our business from afar. I will continue to work with Ranking Member mr. Smith. In his staff to ensure the right of all members are respected in this new virtual format. And so before i turn todays important topic i want to remind members of a few procedurals to help you navigate this platform. First, consistent with regulations, the committee will keep microphones muted to limit background noise. Members are responsible for amusing themselves when they seek recognition. But when recognize for over five minutes segment. And second, members and witnesses must have their cameras on at all times. If you need to step away from the proceedings, please leave your camera on rather than logging out. And finally we have several members are waiting on to the subcommittee for todays hearing. Given the large number, i will recognize members in order the represents a balanced ratio beginning with members on the subcommittee. Understand the mr. Smith does not wis

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