Ten year is yielding around 0. 65 . Yeah, 0. 648 30year is at 1. 383 andrew thanks, becky nice to see you. Meantime, civil Rights Groups involved in that meeting with facebook which we previewed for you yesterday right here on squawk, well, the companys platforms, they are calling that sitdown meeting disappointing. They say they were unable to get commitments from Company Leaders on how they plan to combat hate speech and misinformation on the site facebook spokesperson said this was an opportunity for the company to reaffirm the commitment to combatting hate on the services well talk a lot more about this later with somebody who was on that phone call. I dont know if it was a phone call or a zoom. They dont do zoom, guys. They didnt i thought it was a zoom . Facebook now has their own. They do they have their own platform now. I dont know if you are going to meet with well, ive had meetings on facebook they often use blue jeans. I thought it said zoom but it might have been used saying kleenex or something we might be using it that way these days thats true. Everything is a zoom call. Be funny if facebook just insisted were using our stuff, you know, just the corporate profit yeah, weve got to use that while theyre doing this to show that its not all about you know, ive been thinking a lot about this. Them . Andrew and becky. Im uncomfortable. Im uncomfortable. I saw something about over in europe they have dealt with this in a much more strident way they have an actual independent human rights monitoring body of the council of europe. 47 members each member, all the e. U. Member states, they each give dealing with racism, xenophobia, antisemitism, intolerance and they get together and they do dictate whats okay and whats not okay i just wonder how does facebook walk the line . What happened to the old aclu . They used to just i mean, i used to see things from the aclu where i said, thats too much you cannot possibly think its okay to say that now it seems like its all switched where its just hard for me to understand who you put in charge of deciding what other people are allowed to see. Well, thats the great conundrum with facebook. You really do have one person. Right facebook would rather see somebody else in charge with this he would like to see regulation and somebody else deciding. It would help to get it out but what do we want do we Want Companies to regulate themselves or do we really want a more heavy handed approach from regulators. Obviously, we is a lot of different people who want different things. The royal we. I thought about the three of us. What do we want . Its interesting. In a strange way, maybe the now you could argue that maybe the advertisers are being coopted by organizations or this and that. Whatever the outcome of this ultimately is could be a quote, unquote marketbased solution. Now youre appealing to me. The corporations are trying to make money. Fine line based on the corporations i dont know i think right now facebooks in a particularly complicated position because if they i dont want to say if they if they if this group and the advertisers quote, unquote, win, right yeah. Then people will say Mark Zuckerberg again, only doing things completely unprincipled, will always go where the money is if he goes the opposite direction and says i have this principle about what he thinks about free speech, which other people may disagree about, then people say, you know, hes allowing hate speech on his platform i also think theres an issue of the philosophical view of this which is i think theyve gotten about 90 of it probably somewhere right. I think were talking about the 10 that is up for grabs then there is the technology piece which is you have to have Artificial Intelligence to catch this stuff early unlike frankly pornography and other things, its demonstrably harder to do there are things for example, you know, a rap song that uses the n word, theyll allow that on the platform if its used in a different way, they wont allow that the technology has to be able to figure out how its being used right. So its very complicated. Andrew, its complicated but they have solved much more complicated problems part of it is not wanting to be in a position of doing this. Thats what im he saying 100 i do think the technology is not as simple as in some cases its made out to be. Look, weve solved much more complicated technological problems though. Except that if you use only ai, you miss a lot of things and then if you use only humans, then youve got the subjectivity of every human and what he feelings we need an android. You cant keep up part human, part machine. We dont have those yet. I was talking to max about this, to our producer. Look at the supreme court, how difficult their job is every time we try to put a new person on the court, look how we try to get the 5 4, even 4 4 with the swing vote because the issues are so difficult. The slightest issue goes through the court. Finally this really specific issue ends up these guys labor over which is the right decision to make, 5 4 it comes out. How do we do that with facebook about every single issue i mean, its very difficult. Again, back to facebook not wanting to be the one making this call. Mark zuckerberg would love to see regulation, somebody else who is spons sishl for making those decisions. We dont want a group of 47 people to tell us do you want a company telling us id rather see certain things that i might find that i dont like than not see anything than just see this perfect world. I dont know were talking about the policing youre not talking about whether or not its going to be policed, youre talking about whos going to police it is it every companys responsibility to do that . Right. I cant imagine any of these Companies Want to be in that position over there they have laws and people watching and if you do it u youre in big trouble. Okay lets talk about the ryder cup. This is not so great but maybe its good. Compared to what we watched last time with our team, id like to delay it another year before seeing that torture when the euros just eat our lunch espn and golf tour reporting the pga is going to postpone the ryder cup for a year because of the coronavirus pandemic this was delayed until the same time frame in 2021 the president s cup, which is the u. S. Versus the rest of the world, scheduled for september 2021 that will be pushed back a year as well. And this makes sense to golf fans i can watch them play without crowds but not in the ryder cup. Thats the whole deal with the ryder cup. The euros all of that and its really good its really fun. All in good sportsmanship, most of it. Right so i can understand why theyre going to do that everything is different, isnt it yes, it is. New normal yeah. All right when we come back, President Trump said yesterday that he will put pressure on governors to open schools in the fall. Well get reaction from dr. Scott gottleib thats next. United airlines is scaling back its flight schedule for august in a securities filing the company said that it expects to fly about 35 of what it flew last august. Thats down from a 40 pro jerktion that it issued just last week. Squawk xilbeig bk. Bo wl rhtac you say that customers make their own rules. Lets talk data. Only Xfinity Mobile lets you switch up your wireless data whenever. I accept 5g, everybodys talking about it. How do i get it . Everyone gets 5g with our new data options at no extra cost. Thats good. Next item, corner offices for everyone. Just have to make more corners in this building. Chad . Your wireless your rules. Only with Xfinity Mobile. Now thats simple easy awesome. President Trumps Administration will put pressure on governors to open in the fall. We hope most schools are going to be open we dont want people to make political statements or do it for political reasons. They think its going to be good for them politically so they keep schools closed. No way were going to put pressure to open schools, get them open. Its very important. Very important for our country very important for the wellbeing of the student and the parents. So were going to be putting a lot of pressure on open your schools in the fall. Separately dr. Anthony fauci said he thinks governors should mandate the use of facemasks and he said indoor bars are the perfect setup for infection and he cautioned on complacency based on one particular metric. Its a false narrative to take comfort in a lower rate of death. Theres so many other things that are very dangerous and bad about this virus dont get yourself into false complacency. Meantime, floridas Health Agency is reporting that more than 40 of hospitals in the state have maxed out their icu capacity or are close to running out of beds. Theyre running at 78 capacity. Another hot spot, texas. Texas reporting a record surge of more than 10,000 new viruses. There are three more states on the tri state quarantine list. Delaware, oklahoma must remain guaranteed. Joining us to talk about this is dr. Scott gottleib he is a former fda commissioner and cnbc contributor dr. Gottleib, another day and so many more questions for you all over again why dont we start with this question of the schools. Obviously parents would like to see their kids go back to school but they would also like to make sure that their kids are safe in that scenario. What would you be thinking as a governor knowing the president wants you to reopen these schools. I would imagine the governors would like to reopen them but every governor is dealing with a different situation in terms of what the caseload is in his state. Thanks, becky weve long talked about the importance of getting the schools open in the fall, not only because of the social and educational benefits for children but youre not going to be able to restart the economy until youre able to open the schools more fully i think the way to achieve that is get resources into schools to better protect the teachers in particular and also the children proper ppe, protective equipment for teachers testing in schools Different School districts are looking at testing i also think its important to give local discretion to districts. Give the districts discretion to make the decisions base. There may be schools that dont have the same physical infrastructure they might want to go to a schedule of two or three days of Distance Learning and one or two of in class learning that may be appropriate where you see a lot of spread and certain schools dont have the same infrastructure and resources. Giving instructions on what the resources are and what the guidelines are for keeping the schools closed. Do you think theres any governor that wants to keep the schools closed for political gain ive talked to a number of governors about this question, both republican and democrat they all want to open their schools. Different states are adopting different measures here in connecticut they may require the wearing of masks by children theyre trying to test both the kids and teachers on a regular basis. Massachusetts has looked at some of those issues as well. Maryland has done the same when i speak to the governors, theyre focused on getting the schools open they realize the importance of opening the schools to the kids and economy. Distance learning didnt work that well in many states this does have a detrimental effect on kids, on the social wellbeing and educational advancement. Doctor, thats actually the argument, as you know, that the American Academy of pediatrics made on behalf of why children should go to school and why that should be the goal and i think it is the goal for so many of us, including parents, who would like to see their kids back because of both the learning issues, social issues and so many others. The question i would ask you is there are so many different studies going on around the world trying to ascertain whether children not only get it, but lets decide theyre low risk unto themselves, which i think they are, but whether they spread it. You look in certain places like israel and theres an example where there clearly was an outbreak you look in places like denmark and they will tell you that theyve done a great job and havent had problems theres that paris example, france example where things went very well but then there was an outbreak in australia. Is there anything that you can as scertain from that where you say kids are going to spread it or arent going to spread it why dont we have better data on that at this point look, this has been the challenge. There is data on both sides of this debate. This debate is pretty intense. People feel very strongly on both sides of this question. You can find a study to support your position depending on what your position is the challenges that we havent studied this systematically. Countries that did open their schools didnt study the impact on what the infection rate was there was one study, a seroprevalence study and found lower exposure for children 5 to 9 but then equivalent exposure for children above the age of 9. There was another study that looked at younger children and older children, in younger kids, 2. 8 and 3. 5 in the older kids here in the United States its probably the case, we dont know, theres a askedy of the exposure to kids is lower people make comparisons between covid and flu and say not a lot of kids have had bad outcomes with covid, thats true. Covid appears to be less risky in kids than adults, but with flu you get 11. 5 million kids who become symptomatic from flu, that was the 20182019 year. We havent had that many kids infected hopefully with covid when we do the seroprevalence study. You cant make the cross comparisons between the experience in flu each season where it becomes epidemic and the experience in covid where the exposure has been low so fa in kids. If you think the key is making sure we get enoughppe equipment, personal protective equipment at the schools, who should be responsible for that, the federal government or the states the states are looking at doing it and theyre getting resources into the schools thats my discussions with some of the governors i think the federal government can assist with that that would be a role for the federal government to play to try to get the schools reopened. Theres ways that you can support the schools, especially with testing i think testing could be used more widely to get the schools open and maintain the schools and make sure you dont have outbreaks in the school setting. I think its hard for the schools to implement that. The states dont have a lot of excess resources to do the testing around the schools and thats why you are probably not going to see a lot of schools doing that colleges are starting to do testing but theyre using their own resources for it in many cases they have Research Labs to repurpose for research use only to do testing of students if they get a positive they can verify with an approved test. Dr. Gottleib, thank you great to see you well talk to you again tomorrow. Thanks a lot. All right. Later on squawk box, were going to talk more about the plan to reopen schools in the fall in this case Purdue University and president Mitch Daniels will join us at 7 30 a. M. Eastern. Up next though were going to talk about the impact on the pandemic on executive jobs squawk box coming right back the economic fallout from the coronavirus has resulted in millions of lost jobs. New report shows theres been high turnover in the c suite especially in the entertainment and leisure sector rahel solomon joins us do tell. Reporter ceo turnover in this sector is up almost 83 this year compared to the same time last year through june there were 42 departures compare that to 23 for the same time period in 2019. The finding from challenger, gray, christmas is interesting when you consider this is the same area of the economy, the bars, restaurants, hotels that were the most impacted by covid lockdowns. We see it in the unemployment numbers each week and the jobs report each month and records suggesting that the disruption we saw play out with employees may have worked its way up to the c suite as Companies Struggle to respond to the pandemic when we broaden out and look at top areas of departures, thats government thats followed by health care and the services industry. Finally, there were also at least three departures due to racism challenger Senior Vice President andy challenger saying in the report that the black lives matter movement, quote, may lead to a me too Like Reckoning for not only chief executives but executives overall as they demand equity in hiring practices, joe. This has legs, rahel. I have a feeling we report on it a lot and its something that were going to have to watch closely. There are times that i think about that as c suite executives try to transition and transform their entire work force into a more diverse work force. Right. At the top its invariably being done by white guys right. Not even not many women either i dont know that certainly is part of the conversation, right . Yeah. As these companies try to make their work force more diverse, as you said, part of that diversity should work its way to the top so some of the people making these decisions also reflect what the country looks like right now. Rahel, thank you. Appreciate it. Andrews going to take us out. Andrew im going to take us out when we come back, stocks on the move take a look at futures right now. We are in the red on the dow but not by much. Nasdaq looking higher, up 35 points well talk strategy. As we head to a break, look at yesterdays s p 500 winners and losers back in a moment youre first. First to respond. First to put others lives before your own. And in an emergency, you need a network that puts you first. That connects you to technology to each other and to other agencies. Built with and for first responders. Firstnet. The only officially authorized Wireless Network for first responders. Because putting you first is our job. U. S. Equity futures and the dow are adding to some of those losses that we saw yesterday, which came after outsized gains the day before turning around the nasdaq continues to shine though in terms of being in the green most of the day setting some new records and being up more of the time becky, whats this whats this . Warren buffet . Joe, there is just some news hitting the wires. Warren buffet has Just Announced his annual charitable donations to the five philanthropist that will be receiving his fortune. He is distributing 15. 9 billion <