Trump's Greenland 'framework,' Dimon's credit card cap rebuke, YouTube's AI slop plan and more in Morning Squawk

Market Overview - Stock futures are higher, indicating a positive start for the trading day following a positive session for the three major averages [1] Federal Reserve and Political Developments - The Supreme Court showed skepticism towards the Trump administration's argument regarding the firing of Fed Governor Lisa Cook, suggesting her position may be secure [2] - Justice Brett Kavanaugh expressed concerns that allowing the president to fire Fed governors without judicial review could undermine the Federal Reserve's independence [3] Corporate Earnings and Projections - Procter & Gamble reported a modest earnings beat but missed revenue expectations, leading to a 1.5% decline in shares during premarket trading [7] - The company experienced a net income decrease compared to the previous year, despite a 1% increase in net sales, and lowered its fiscal 2026 outlook due to higher restructuring charges [8] - Intel's stock surged over 11% ahead of its earnings report, reaching its highest level since early 2022 [11] Industry Insights - JPMorgan Chase CEO Jamie Dimon criticized President Trump's proposal for a temporary 10% cap on credit card interest rates, labeling it an "economic disaster" [4] - Dimon also expressed discontent with Trump's immigration reform efforts, seeking more details on the implications of Immigration and Customs Enforcement raids [5] Technology and AI Developments - YouTube CEO Neal Mohan emphasized the platform's commitment to reducing "AI slop" and managing AI-generated content, highlighting the challenges in distinguishing real content from AI-generated material [9][10]