Squawk Pod: Internet blackout in Iran & protests in Minneapolis - 01/09/26 | Audio Only

Summary

Squawk Pod covers political and policy developments including unrest in Iran and Minneapolis, a Senate interview on immigration and healthcare subsidies, and a California wealth tax debate. Market-related headlines include potential oil investment in Venezuela, a possible Glencore-Rio Tinto mining merger, and Johnson & Johnson's drug pricing deal. No clear speaker-owned investment recommendations were presented.

• Iran restricts internet as protests spread amid inflation and currency collapse.
• Senator Hagerty discusses Venezuela war powers vote, immigration enforcement, and Obamacare subsidies.
• San Jose Mayor Matt Mahan opposes California wealth tax, citing capital flight and innovation-economy risk.
• Glencore and Rio Tinto reportedly explore a $260 billion mining merger.
• Venezuela oil sector draws interest from Marathon Petroleum, Chevron, and trading houses.
• Johnson & Johnson reaches drug-pricing deal with Trump administration for tariff exemptions.
• Hosts debate political and social issues around ICE enforcement in Minneapolis.
• No clear investable trade ideas were expressed.