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Squawk Pod: Sen. Warren grills Jay Powell & Scott Gottlieb on vaccine future - 06/26/25 | Audio Only
CNBC Television· 2025-06-26 16:45
Market Trends & Economic Policy - The Nasdaq 100 climbed over 4% in June, indicating a strong performance in the tech sector [1] - Nvidia reclaimed its position as the most valuable company after a dip in January [1] - Senator Warren believes Trump's economic chaos, particularly tariffs, hinders interest rate cuts [2][3] - The Fed's inflation forecast increased from 25% to 31%, while GDP growth prediction decreased from 21% to 14%, attributed to Trump's tariffs [3] - Oil prices are back down to $64, influencing decisions to wait and see what happens [1] Federal Reserve & Monetary Policy - President Trump is considering naming a new Fed chair as early as this summer, potentially influencing investor expectations [1] - Potential Fed chair candidates include Kevin Walsh, Kevin Hasset, Scott Bessent, David Malpass, and Christopher Waller [1] - The dollar has slid about 10% this year [1] - The Fed acknowledges fiscal policy can theoretically add to inflation [3] Legal & Regulatory Issues - A mediator proposed a $20 million settlement between President Trump and Paramount Global over a 60 Minutes interview [2] - Paramount offered $15 million to settle the suit, but Trump's team seeks $25 million and an apology [2] - FCC Chairman Brendan Carr indicated a third-party complaint about the interview's edit could affect the Paramount Sky Dance merger review [2] - The Federal Housing Finance Agency is directing Fannie Mae and Freddie Mac to consider crypto assets in mortgage loan risk assessments [2] Vaccine & Public Health - Robert F Kennedy Jr's new vaccine advisory panel includes members with unabashed antivaccine views [1][19] - The panel is focusing on the MMR and varicella vaccine, with concerns about febrile seizures [20] - There are discussions about removing thyarasol, currently in 4% of vaccines, and alum from vaccines [23][24] - MMR vaccination rates are declining, with over 50% of states below herd immunity [41]
ACIP recommends Merck's RSV shot for infants under 8 months old
CNBC Television· 2025-06-26 13:34
Let's change things up entirely here and get a news alert out of uh of RFK Junior's newly reworked vaccine panel. For that, we go over to Angelica Peele. She has the details for us.Angelica, good morning, David. Yeah, we have our first vote from this newly reconstituted vaccine panel. Remember, this is the committee that advises the CDC on how to use FDA approved vaccines, and they just voted 5 to2 to recommend that babies less than 8 months um 8 months old entering their first RSV vaccine can get Merc's RS ...