RUSH TRANSCRIPT Cheryl President ░░░░░░░░ saying that Elon Musk ░░░░░░░░ foreign business dealings should ░░░░░░░░ looked at The question ░░░░░░░░ this is even constitutional ░░░░░░░░ Spunt is live at ░░░░░░░░ justice the department David ░░░░░░░░ hi Cheryl Well we ░░░░░░░░ t know if it ░░░░░░░░ constitutional or not it ░░░░░░░░ more could it be ░░░░░░░░ political crisis for the ░░░░░░░░ if he gets involved ░░░░░░░░ something like this He ░░░░░░░░ asked directly earlier this ░░░░░░░░ at the white houses ░░░░░░░░ Elon Musk is a ░░░░░░░░ security threat Watch this ░░░░░░░░ Musk s cooperation and ░░░░░░░░ technical relationships with other ░░░░░░░░ is worthy of being ░░░░░░░░ at reporter a savvy ░░░░░░░░ Cheryl has a large ░░░░░░░░ stake almost 2 billion ░░░░░░░░ Twitter prompting that question ░░░░░░░░ the White House press ░░░░░░░░ The president though suggesting ░░░░░░░░ after a free speech ░░░░░░░░ like Twitter entity like ░░░░░░░░ raises even more questions ░░░░░░░░ asked the press secretary ░░░░░░░░ explain What does that ░░░░░░░░ It s raising some ░░░░░░░░ The national security adviser ░░░░░░░░ Sullivan just answered that ░░░░░░░░ I m not going ░░░░░░░░ go beyond that He ░░░░░░░░ as you know the ░░░░░░░░ to the national Security ░░░░░░░░ I m just not ░░░░░░░░ to go beyond that ░░░░░░░░ as the president said ░░░░░░░░ as I I have ░░░░░░░░ many I ms we ░░░░░░░░ to the committee reporter ░░░░░░░░ Jake Sullivan mentioned cfius ░░░░░░░░ a board made up ░░░░░░░░ treasury commerce State Department ░░░░░░░░ DoJ officials so the ░░░░░░░░ suggestion that Musk s ░░░░░░░░ should be looked at ░░░░░░░░ in a way that ░░░░░░░░ Biden is essentially telling ░░░░░░░░ Department of Justice what ░░░░░░░░ do even though he ░░░░░░░░ the White House is ░░░░░░░░ from the DoJ In ░░░░░░░░ 20 2021 the president ░░░░░░░░ asked if he thought ░░░░░░░░ should investigate those who ░░░░░░░░ the January 6th subpoenas ░░░░░░░░ he said I do ░░░░░░░░ No comment from DoJ ░░░░░░░░ this recent suggestion by ░░░░░░░░ president Cheryl Cheryl I ░░░░░░░░ to add the prince ░░░░░░░░ had a stake in ░░░░░░░░ since 2011 so because ░░░░░░░░ Musk takes over Twitter ░░░░░░░░ it s an issue ░░░░░░░░ you know there s ░░░░░░░░ lot of questions here ░░░░░░░░ Spunt thank you reporter ░░░░░░░░ are Cheryl thank you ░░░░░░░░ that report Let s ░░░░░░░░ reaction from executive chairman ░░░░░░░░ nation of victims author ░░░░░░░░ Ramaswamy Taking that to ░░░░░░░░ The prince has had ░░░░░░░░ stake in Twitter since ░░░░░░░░ He s now the ░░░░░░░░ largest shareholder in Twitter ░░░░░░░░ Elon Musk but what ░░░░░░░░ changed here as far ░░░░░░░░ the prince s stake ░░░░░░░░ the company So look ░░░░░░░░ s actually changed in ░░░░░░░░ but the problem is ░░░░░░░░ are two very different ░░░░░░░░ issues here Do I ░░░░░░░░ that other countries China ░░░░░░░░ particular use multi national ░░░░░░░░ headquartered in the U ░░░░░░░░ to advance their geopolitical ░░░░░░░░ here They absolutely do ░░░░░░░░ financial institutions and other ░░░░░░░░ fall into this trap ░░░░░░░░ that is different from ░░░░░░░░ asemimet reu78 rick asymmetric ░░░░░░░░ to a company like ░░░░░░░░ where a saw aty ░░░░░░░░ on Twitter would not ░░░░░░░░ make the list of ░░░░░░░░ top 10 of operations ░░░░░░░░ through American companies Precisely ░░░░░░░░ Elon Musk has signaled ░░░░░░░░ the government is not ░░░░░░░░ to be able to ░░░░░░░░ what speech gets taken ░░░░░░░░ on Twitter that s ░░░░░░░░ threat to President Biden ░░░░░░░░ so they re using ░░░░░░░░ statute cfius that may ░░░░░░░░ had good reasons to ░░░░░░░░ Chinese wiz relationships but ░░░░░░░░ advance a political objective ░░░░░░░░ we should say that ░░░░░░░░ we learned from Mark ░░░░░░░░ on Joe Rogan s ░░░░░░░░ of all places that ░░░░░░░░ Biden Administration had reached ░░░░░░░░ to them as far ░░░░░░░░ watching out for things ░░░░░░░░ said on their platform ░░░░░░░░ obviously Twitter obviously the ░░░░░░░░ Administration has at lot ░░░░░░░░ concerns about what they ░░░░░░░░ seeing on social media ░░░░░░░░ Elon Musk says and ░░░░░░░░ is reportedly that there ░░░░░░░░ be a bankruptcy filing ░░░░░░░░ Twitter and he s ░░░░░░░░ executives that are leaving ░░░░░░░░ he s pushed out ░░░░░░░░ do you make of ░░░░░░░░ Again there s a ░░░░░░░░ that that was something ░░░░░░░░ mentioned yesterday So look ░░░░░░░░ think there s little ░░░░░░░░ that Twitter is in ░░░░░░░░ trouble What Elon said ░░░░░░░░ the start of this ░░░░░░░░ and I take him ░░░░░░░░ his word this was ░░░░░░░░ a principally financially motivated ░░░░░░░░ for him He wanted ░░░░░░░░ turn it into a ░░░░░░░░ speech network and the ░░░░░░░░ of them can crass ░░░░░░░░ personally think there are ░░░░░░░░ out of his challenges ░░░░░░░░ the end of the ░░░░░░░░ if you transition away ░░░░░░░░ an advertise ther dependent ░░░░░░░░ model that goes hand ░░░░░░░░ glove with the plan ░░░░░░░░ I think he needs ░░░░░░░░ implement No viewpoint based ░░░░░░░░ on the platform period ░░░░░░░░ government coordinate nation coordination ░░░░░░░░ If you re going ░░░░░░░░ take down downfalls speech ░░░░░░░░ the company has the ░░░░░░░░ of proving that it ░░░░░░░░ false and when in ░░░░░░░░ give the power back ░░░░░░░░ the users to decide ░░░░░░░░ they do and don ░░░░░░░░ get to see on ░░░░░░░░ site rather than making ░░░░░░░░ decisions centrally The good ░░░░░░░░ is that model could ░░░░░░░░ a lot less make ░░░░░░░░ much more effective free ░░░░░░░░ platform and most importantly ░░░░░░░░ you give power back ░░░░░░░░ the user you can ░░░░░░░░ them so even if ░░░░░░░░ boycott yoked you you ░░░░░░░░ not as hurt from ░░░░░░░░ business standpoint I don ░░░░░░░░ think this is in ░░░░░░░░ way destined for failure ░░░░░░░░ are paths to success ░░░░░░░░ it’s up to