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Squawk on the Street

Both Sides of the Aisle: Majority Leader McConnell & Speaker Pelosi Join “Squawk on the Street,” Airlines Soaring, Massive Movers

Carl Quintanilla, Jim Cramer and David Faber discuss the stimulus plan, or lack thereof, speaking with both sides of the aisle. Senate Majority Leader McConnell and House Speaker Pelosi both explaining their position on getting a deal done. Listen in to hear why, Speaker Pelosi says “perhaps you mistook them for somebody who gives a damn.” Plus, why Majority Leader McConnell says he believes that the GOP & Dems will reach a virus relief deal in the “near future.” Carl, Jim & David also dig through the big movers of the morning. Airline stocks getting a boost after a dozen Republican senators backed $25 billion in additional federal aid for the airline industry, as the spike in Covid-19 cases in the U.S. derails a recovery in travel demand. Plus, the “Squawk on the Street” team digs through the massive earnings movers from ViacomCBS, Restaurant Brands, Bristol-Myers, Etsy and so many more.

Broadcast on:
06 Aug 2020

Carl Quintanilla, Jim Cramer and David Faber discuss the stimulus plan, or lack thereof, speaking with both sides of the aisle. Senate Majority Leader McConnell and House Speaker Pelosi both explaining their position on getting a deal done. Listen in to hear why, Speaker Pelosi says “perhaps you mistook them for somebody who gives a damn.” Plus, why Majority Leader McConnell says he believes that the GOP & Dems will reach a virus relief deal in the “near future.” Carl, Jim & David also dig through the big movers of the morning. Airline stocks getting a boost after a dozen Republican senators backed $25 billion in additional federal aid for the airline industry, as the spike in Covid-19 cases in the U.S. derails a recovery in travel demand. Plus, the “Squawk on the Street” team digs through the massive earnings movers from ViacomCBS, Restaurant Brands, Bristol-Myers, Etsy and so many more.