Oscar Health Handoff, Trouble Brewing for Binance, & Disney’s Cost Cuts 03/28/23

The CFTC has filed a complaint against Binance, alleging that the crypto exchange violated federal law. Speaker of the House Rep. Kevin McCarthy (R-CA) has sent President Biden a letter pushing for a path forward on the debt limit. In an extended interview, Speaker McCarthy discusses U.S. economic stability, the collapse of Silicon Valley Bank, and the one thing all American lawmakers seem to agree on: cracking down on TikTok. Oscar Health co-founder and CEO Mario Schlosser is handing over leadership to former Aetna and Bridgewater CEO Mark Bertolini. The outgoing and incoming Oscar Health CEOs discuss their mission to shake up the health care system, starting with the company’s profitability. Plus, Disney’s reinstated CEO Bob Iger is cutting costs, starting with layoffs and the Magic Kingdom’s metaverse. In this episode: Kevin McCarthy, @SpeakerMcCarthy Mario Schlosser, @mariots Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie