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cover of episode Dave’s Hot Chicken & The Reconciliation Bill’s Next Stop 6/2/25

Dave’s Hot Chicken & The Reconciliation Bill’s Next Stop 6/2/25

2025/6/2
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Bill Phelps
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Katie Kramer
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Markwayne Mullin
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Mike Santelli
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Katie Kramer: 参议院将审议众议院通过的大型和解法案,但参议院对该法案的修改将主要集中在内部调整,不会改变其基本结构。 Markwayne Mullin: 作为参议院与众议院和白宫就和解法案的联络人,我认为国会的运作方式旨在使其行动缓慢,谈判是其中的一部分。我们不会推翻众议院法案的框架,只会进行一些内部调整,法案的结构将保持不变。我们希望在7月4日之前完成这项工作,并将与白宫、众议院和参议院保持一致。埃隆·马斯克对法案的批评源于他对国会运作方式的失望,他希望事情能像商业一样快速解决。总统像一位真正的领导者一样积极参与其中,每周甚至每天都与白宫保持沟通,并明确表示一切都可以谈判。

Deep Dive

Chapters
Senator Markwayne Mullin discusses the reconciliation bill's journey from the House to the Senate. He expresses confidence that the Senate's revisions will be minimal, focusing on aesthetic changes rather than substantive alterations to the bill's structure. The discussion touches upon negotiations with the House and White House, potential challenges within the Republican party, and managing expectations regarding the bill's impact on the national debt and Medicaid.
  • Reconciliation bill moves from House to Senate
  • Senate changes expected to be cosmetic, not structural
  • Negotiations ongoing between Senate, House, and White House
  • $1.6 trillion in cuts as a hard stop
  • Concerns about the bill's impact on the national debt and Medicaid addressed

Shownotes Transcript

In a roughly $1 billion deal, Roark Capital has added Dave’s Hot Chicken to its portfolio of Auntie Anne’s, Subway, and Dunkin’. CEO of the chicken chain Bill Phelps recounts the company’s journey from folding tables in a parking lot to hundreds of locations around the world. The reconciliation bill has moved from the House) to the Senate; Senator Markwayne Mullin (R-Oklahoma) serves as the legislation’s liaison between both branches of Congress and the White House, and he’s confident that the Senate’s changes to the bill) will remain cosmetic, rather than structural. Plus, a moment from Squawk Box made it to the Oval Office, and the state of trade) and tariffs) is still in flux. 

 

Mike Santelli - 15:12

Sen. Markwayne Mullin - 21:05

Bill Phelps - 34:14

 

In this episode:

Markwayne Mullin, @SenMullin)

Becky Quick, @BeckyQuick)

Joe Kernen, @JoeSquawk)

Andrew Ross Sorkin, @andrewrsorkin)

Katie Kramer, @Kramer_Katie)