Market Dynamics & Regulatory Landscape - Public markets have long been discussed for their benefits, but private markets also hold many companies, leading to the idea of public access to private markets [2] - The IPO market, once a primary way for companies to raise capital, has been overshadowed by robust private markets due to capital availability and impediments to being a public company [4][5] - The SEC aims to make IPOs more attractive by addressing red tape and impediments, with a focus on improving disclosure to make it more understandable and less driven by potential lawsuits [8][9] Investor Access & Protection - There's a debate on whether to make being a public company more attractive or to make private markets more accessible and transparent to the public [6] - The SEC will review rules regarding accredited investors, considering tweaking them due to investor demand for private products, while ensuring investors understand the risks involved [11] - Tokenization of assets, particularly private company shares like SpaceX, is seen as an innovation, but the SEC needs to provide clear regulations to foster innovation while ensuring investor protection [2][15][17] Innovation & Efficiency - The SEC aims to provide a firm regulatory foundation for innovation and new product development, moving away from regulation through enforcement [16][17] - Tokenization and other innovations can enhance trading and holding securities, potentially leading to quicker settlement times, building upon the move to T+1 settlement [18][19] - Digitization of securities and book entry, exemplified by the DTCC, was a significant advancement, and tokenization represents the next step towards greater market efficiency [20]

We are just about a week away from revealing America's top states for business for 2025 in CNBC's annual study. Once again this year, the cost of insurance factors into our rankings. Scott Kong joins us from the epicenter of a national crisis in California.Scott, good morning. Melissa, we're in Pacific Palisades. Uh uh 6,800 structures were destroyed here and 12 people died.Uh, still a great deal of destruction, but as you can see, there is some rebuilding going on and critically here in Southern California ...

We've got ADP crossing the wires. Let's get to him. Minus 33,000.ADP saying that uh non-farm payrolls declined by 33,000. That's substantially below for the second month in a row the estimate of a 100,000. It is the only decline since March of 2023.Good sector not doing too badly of 32,000. The losses appear to come from the services sector. We'll show you details in a second of - 66,000.And there's the non-farm payroll estimate which includes government and the private sector for tomorrow, Thursday. Rememb ...

Corporate woke wars have found their latest battleground in a freezer. Semaphore reporting that Unilver cutting off funding to Bett and Jerry's foundation. This after a clash over transparency and ideological control. Joining us right now to get into it all, Liz Hoffman, Salfor's business and finance editor. This is a fascinating story. Um, tell us what's really going on here. So, you know, Unilver bought Ben & Jerry's 25 years ago and kind of first they really like their kind of quirky progressive politics ...

Fed chair Jay Powell said yesterday that President Trump's tariffs had lifted inflation forecasts and were keeping rates on hold. Joining us now for more on the Fed and the US economy, David Malpass, former World Bank president and now distinguished fellow of international finance and inaugural fellow of global business and infrastructure at Purdue's Business School. David, great to have you with us. Hi Melissa, good to be on. Um, where do you think rates would be had it not been for the tariffs? Would we b ...

President's uh reconciliation bill is back in the House now with just two days left really until the self-imposed July 4th deadline. Our next guest is tasked with getting Republicans to vote for it. Joining us right now is House Majority Whip, Congressman Tom Emmer. Good morning to you. We just had a guest on who you know very well who said he's not voting for it and he's hoping that um maybe uh this can get pushed out to next week and that there's some kind of compromise to be had. But now that the Senate' ...

Tesla expect to report second quarter deliveries in the next 90 minutes or so. Yesterday, the EV market makers market cap falling below the $1 trillion mark for the first time since June and it's currently the only mag 7 name trading below that level. Joining us now with more is Colin Rush Oenheimer, senior research analyst.Colin, great to have you with us. Um, Southside estimates is 385. Where do you fall on this given we we have some indications from Europe and and China already.Yeah, we're we're a little ...

Let's talk markets now with Joe Amato, president and chief investment officer at Newberger Burman, which has $515 billion dollars in assets under management. Joe, great to have you with us. Morning.Good to be here. Obviously, you know, second half there, you you take a look at what you should be doing with your own portfolio and a lot of people are wondering and and what happened yesterday's market was really interesting because it was like July 1 hit and there was just a rotation out of the higher multiple ...

Welcome back to Squawkbox. Look at that handsome picture of a guy named Robert Frank, uh, who knows a lot about money and how we spend it and how to save it maybe and all those things. But today, he's going to tell us what the bill might look like come next April, the Senate passing President Trump's sweeping tax cut and spending bill.In today's edition of Inside Wealth, that man, the handsome one, Robert Frank, taking a look at what it means for the tax bill for high earners and investors. So, is it is it ...

who heavily criticized the Senate's version of Trump's spending bill. >> Meantime, our next guest voted present on President Trump's reconciliation bill during the first round in the House, and he now says he can't vote yes for the Senate's version. House speaker Mike Johnson can only afford to lose a few votes in his chamber, or the measure will fail.Joining us right now is Maryland Congressman Andy Harris. He is the chair of the House Freedom Caucus. Good morning to you.Where are we here. Tell me, how man ...