Elizabeth Warren’s Message to the Fed 06/18/24

Senator Elizabeth Warren (D-MA) is taking on big banks and Federal Reserve Chair Jay Powell, to whom she says, “do your job.” She has a spirited conversation with Becky Quick and Joe Kernen about the Fed, the banking system, and tax code fairness. And after the Surgeon General’s warning on social media’s harm to kids, former FDA Commissioner Dr. Scott Gottlieb discusses the science proving social media’s toll on teens, and he compares Congress’s strategy today with the FDA’s strategy navigating illicit opioid sales on social media, years ago. Plus, CNBC’s Emily Wilkins reports on the boom of “revenge porn” deepfakes, Apple will stop offering buy now, pay later loans in the U.S., and some victims of the AI craze: Chegg stock is down 90% since OpenAI’s launch of ChatGPT. Sen. Elizabeth Warren - 10:36 Dr. Scott Gottlieb - 28:26 In this episode: Sen. Elizabeth Warren, @SenWarren Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie