Sen. Bill Hagerty on GOP agenda, Obamacare subsidies and Trump's immigration crackdown

Summary

Sen. Bill Hagerty joined Squawk Box to discuss the Senate GOP agenda, including a procedural Venezuela vote and stalled Obamacare subsidy negotiations. He criticized ACA subsidy fraud and rising premiums, defended the administration's immigration enforcement, and predicted Trump retains strong GOP support. He also pointed to a coming capital expenditure wave, trade negotiations, and deregulation as economic tailwinds. The interview contained no specific security or asset trade recommendations.

• Hagerty said the Venezuela bill vote was procedural and has no immediate impact.
• He said ACA zero-premium subsidies are rife with fraud and the program is broken.
• He noted bipartisan and reconciliation options are being discussed for healthcare subsidies.
• He defended ICE enforcement and criticized leaders encouraging non-cooperation.
• He downplayed GOP defections, calling them typical midterm politics.
• He cited capex, trade negotiations benefiting Tennessee, and deregulation as economic tailwinds.
• No specific stocks, sectors, or tradable assets were named in the interview.