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Date
Summary
CNBC’s Ross Sorkin: Trump-Friendly CEOs Shocked By ‘Remarkably Meandering’ Ex-President
Subjects
Source
Show
Squawk Box

Name: Squawk Box
URL: http://www.cnbc.com/id/15838368/
Persons
Rebecca Quick/Becky Quick
, Andrew Ross Sorkin

Name: Rebecca Quick/Becky Quick
Employment: CNBC
Position: Host

Name: Andrew Ross Sorkin
Employment: The New York Times
Position: Financial Columnist
Event
Event location
–
Uploaded
06/14/2024 05:30 pm
Owner
Ann (staff)
Type
Video
Format
MP4 (1280x720)
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Duration
0:03:05
Views
8
Purchases
1
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0
Transcript
QUICK it s up ░░░░░░░░ 63 percent 28 73 ░░░░░░░░ I don t know ░░░░░░░░ to make of it ░░░░░░░░ I don t either ░░░░░░░░ Let s but I ░░░░░░░░ know I don t ░░░░░░░░ if I know what ░░░░░░░░ make of this but ░░░░░░░░ should talk about this ░░░░░░░░ Former President Trump Donald ░░░░░░░░ meeting with 80 CEOs ░░░░░░░░ at the Business Roundtable ░░░░░░░░ quarterly meeting He told ░░░░░░░░ if he s elected ░░░░░░░░ November they re going ░░░░░░░░ see tax cuts and ░░░░░░░░ curtailment of business regulations ░░░░░░░░ to the people in ░░░░░░░░ meeting Trump said he ░░░░░░░░ to bring the federal ░░░░░░░░ tax rate down from ░░░░░░░░ percent to 20 percent ░░░░░░░░ also mentioned a plan ░░░░░░░░ eliminate the tax on ░░░░░░░░ tips that he proposed ░░░░░░░░ weekend Earlier in the ░░░░░░░░ Trump told a meeting ░░░░░░░░ House Republicans about an ░░░░░░░░ to impose an all ░░░░░░░░ policy that enabled the ░░░░░░░░ S to eliminate income ░░░░░░░░ He also spoke about ░░░░░░░░ tariffs to leverage negotiating ░░░░░░░░ over bad actors I ░░░░░░░░ to a number of ░░░░░░░░ CEOs who were at ░░░░░░░░ meeting Do you know ░░░░░░░░ he chose when he ░░░░░░░░ asked why he was ░░░░░░░░ the 21 percent 20 ░░░░░░░░ versus 21 percent QUICK ░░░░░░░░ SORKIN Thought it was ░░░░░░░░ prettier number It was ░░░░░░░░ round number it was ░░░░░░░░ round number QUICK I ░░░░░░░░ it s one way ░░░░░░░░ say SORKIN That was ░░░░░░░░ answer QUICK I think ░░░░░░░░ s what he s ░░░░░░░░ doing is trying to ░░░░░░░░ himself with what you ░░░░░░░░ anticipate from President Biden ░░░░░░░░ he is reelected They ░░░░░░░░ said that they are ░░░░░░░░ to be raising corporate ░░░░░░░░ taxes that that s ░░░░░░░░ goal to it I ░░░░░░░░ instead of maintaining as ░░░░░░░░ is and just saying ░░░░░░░░ contrast is keep it ░░░░░░░░ is versus that He ░░░░░░░░ going to say you ░░░░░░░░ going to lower it ░░░░░░░░ I will say I ░░░░░░░░ surprised I spoke to ░░░░░░░░ number of CEOs who ░░░░░░░░ would say walked into ░░░░░░░░ meeting being Trump supporter ░░░░░░░░ or thinking that they ░░░░░░░░ be leaning that direction ░░░░░░░░ said that he was ░░░░░░░░ meandering could not keep ░░░░░░░░ straight thought was all ░░░░░░░░ the map and that ░░░░░░░░ which maybe not surprising ░░░░░░░░ was interesting to me ░░░░░░░░ these were people who ░░░░░░░░ think might have been ░░░░░░░░ predisposed to him and ░░░░░░░░ walked out of the ░░░░░░░░ less predisposed to him ░░░░░░░░ predisposed to thinking This ░░░░░░░░ not necessarily as one ░░░░░░░░ said this may not ░░░░░░░░ any different or better ░░░░░░░░ a Biden thought if ░░░░░░░░ re thinking that way ░░░░░░░░ was very interesting QUICK ░░░░░░░░ only thing I was ░░░░░░░░ by there weren t ░░░░░░░░ from what I heard ░░░░░░░░ shocking sort of situations ░░░░░░░░ weren t any there ░░░░░░░░ t that moment where ░░░░░░░░ were like oh my ░░░░░░░░ not necessarily It didn ░░░░░░░░ surprise me The message ░░░░░░░░ came out of it ░░░░░░░░ look he s there ░░░░░░░░ a mission to try ░░░░░░░░ woo some of them ░░░░░░░░ which is why he ░░░░░░░░ talking about lower taxes ░░░░░░░░ probably more importantly a ░░░░░░░░ regulatory touch Getting some ░░░░░░░░ the regulations that were ░░░░░░░░ in SORKIN Oh 100 ░░░░░░░░ QUICK Because the CEOs ░░░░░░░░ ve talked to are ░░░░░░░░ concerned about that than ░░░░░░░░ are at the tax ░░░░░░░░ especially when you re ░░░░░░░░ one percent It can ░░░░░░░░ billions of dollars for ░░░░░░░░ companies but I think ░░░░░░░░ they really look at ░░░░░░░░ it s the regulatory ░░░░░░░░ they feel is a ░░░░░░░░ tight regulatory environment to ░░░░░░░░ operating and that concerns ░░░░░░░░ of them SORKIN We ░░░░░░░░ be getting a live ░░░░░░░░ from Washington later this ░░░░░░░░ Talk all about this ░░░░░░░░ later we ll also ░░░░░░░░ to Republican House Majority ░░░░░░░░ Steve Scalise for his ░░░░░░░░ from the meeting.”
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