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Transcripts For CNBC Squawk On The Street 20240712

Underestimate senator mcconnell and his ability to corral maybe as many as 20 republican senators who believe that we have a vshaped recovery which of course is what President Trump has been saying. Its the senate that we look to, i think all discussions between secretary mnuchin and Speaker Pelosi have not borne fruit. One of the things i think they havent borne fruit because the republicans simply are not in favor of giving the states money. Speaker flossy wants to give many different businesses and states money because they are all strapped will this matter to that i dont think so i wish it would, i mean, in business i think it would, but not in politics. I feel, david, when i look at these numbers and i look at whats happened to the president , of course, we wish him well, i think that somehow nothing comes together in washington that you would think. Theres not a kind of a sympathetic lets get together, lets stop the war of words. It just doesnt happen like that anymore. No. There

Transcripts For DW Business - News 20240712

Germany. Where exactly. Was fun and learn a lot of our sculpture history. Travelogues extremely worth a visit. German car giant dimer agreed to pay more than 2000000000. 00 to settle emissions cheating claims in the United States to deal comes 5 years after german car makers were 1st exposed for widespread dirty dealing we are American Consumers are ready to forgive you for gas. Also want to show us jobless claims have dropped but tens of millions of americans are still out of work and waiting on more help from the government. German travel giant to we post enormous losses a day from receiving another lifeline from the government. This is the new business im paid for it from welcome to the show Darren Miller is to pay more than 2000000000. 00 to settle claims about emissions cheating in the United States the bulk of the money will go to u. S. Authorities but the further 700000000 satisfied to cover lawsuits from consumers revelations of widespread emissions forward among german Car Com

Transcripts For DW Business - News 20240712

Tens of millions of americans are still out of work and waiting on more help from the government. The german travel giant to leave post enormous losses a day for receiving another lifeline from the government. This is a business im paid for and some welcome to the show daryn miller is to pay more than 2000000000. 00 to settle claims about emissions cheating in the United States the bulk of the money will go to u. S. Authorities but the further 700000000 to cover lawsuits from consumers revelations of widespread emissions fraud among german Car Companies emerged in 2015. Lets talk more about this with the Business Correspondent to in new york yes is this a good or a bad day for dire. Its always good for a company if you have a price taken to a dime though was prepared to earlier this year they set aside the money so in that respect its a good day on the other side its clearly comes as a time when every one of most companies of the world are in dire need of money all whats going on was t

Transcripts For CNBC Squawk On The Street 20240713

Low. Our roadmap begins with red october. Stocks off to the worst since the crisis futures have a new open. After the worst manufacturing in a decade, sources work on that this morning. Shares of pep ki so fueled by sales growth and a nice earnings beat ceo will join us first on cnpc in a few minutes market versus a rough time in an economic slow down a second selloff resulted in the dow falling more than 800 points s p lost its gains from queue and q3 combined. Investors will be paying close attention to Services Data in less than an hour from now jim, they say of the two times that ism manufacturers contracted, we havent had a recession because Services Held in last night i had marty mucci on from paychecks. My old colleague larry kudlow chief economic adviser to the president says thats where it comes from its not like gm creates jobs. He says this was the best time theyve had and september was a strong month in the country and was constrained by not being able to find more employee

Transcripts For CSPAN Senate Banking Hearing On Export-Import Bank Reauthorization 20240714

This is an hour and 20 minutes. Today, the committee turns its focus to the export, import men come the United States. Kimberly reed was elected chairman along with judith prior. The nominations of the Board Members have been approved by this committee and are pending on the full senate floor. The United States exporters are able to compete very effectively in International Markets on the basis of price and quality. However, when aggressive foreign governments provide subsidies as a matter of policy or practice to their exporters, u. S. Exporters are placed at a competitive disadvantage purely because of such financing arrangements. ,ccording to the 2017 xm Bank Competitiveness report, chinese export credit agencies provided a more medium and longterm investment support than the rest of the world combined. As President Trump and other senior officials in his administration have noted, a fully functioning exportthanks the import bank has ability to provide financing and level the Playin

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