Squawk Pod: Expanding Trump Accounts with IRS CEO & SSA Commissioner - 07/16/26 | Audio Only

Summary

The podcast covered the expansion of Trump accounts for children's savings, a bullish analyst call on Netflix ahead of earnings, President Trump's prediction of lower oil prices, U.S. tariffs on Brazil, Uber's acquisition of Delivery Hero, Apollo Global Management's financing talks with the Yankees, and World Cup results.

• Frank Bisignano, IRS CEO and SSA Commissioner, leads Trump accounts expansion aimed at reaching 70 million children with index fund investments.
• MoffettNathanson analyst Robert Fishman recommends buying Netflix, citing sustainable growth, advertising ramp, and attractive valuation.
• President Trump expects oil to fall to $55 or lower once geopolitical tensions ease.
• The U.S. levies 25% tariffs on most Brazilian imports, exempting certain goods like beef and orange juice.
• Uber agrees to buy Delivery Hero for $14.8 billion to create the largest delivery firm outside China.
• Apollo Global Management in advanced talks to raise $3 billion in financing for the New York Yankees.
• Argentina defeats England to face Spain in the World Cup final.