Squawk Pod: Tariffs with the USTR & prediction markets with the CFTC - 06/02/26 | Audio Only

Summary

The episode covers trade policy with USTR Jamieson Greer, prediction market regulation with CFTC Chairman Michael Selig, and corporate news including Anthropic's IPO, Google's $80 billion stock sale, and the Andrew Left conviction. Middle East tensions and their impact on oil markets are also discussed. No actionable trading ideas are presented by any speaker.

• USTR Greer defends tariff strategy as nuanced and surgical, citing manufacturing green shoots.
• CFTC Chairman Selig discusses prediction market regulation and distancing the agency from prior political enforcement.
• Anthropic has filed confidentially for an IPO, with OpenAI also reportedly preparing.
• Google announces $80 billion stock offering, including $10 billion from Berkshire Hathaway.
• Short seller Andrew Left convicted of securities fraud for alleged pump-and-dump scheme.
• Bernie Sanders proposes a sovereign wealth fund for AI, met with skepticism.
• Iran-Israel tensions and Hormuz threats cause oil price volatility; market assesses negotiation progress.
• Prediction markets raise new questions about manipulation and insider trading in sports derivatives.