Watch CNBC's full one-on-one interview with Citadel founder Ken Griffin

Citadel CEO and founder Ken Griffin dominates the financial World his firm citadel's recent $16 billion record profit a crowning Victory making it the top earning hedge fund in history I'm Sarah Eisen and I sit down exclusively with Griffin to hear his thoughts on everything from the markets to artificial intelligence to the future of Education inflation probably comes down over the months ahead the negative to the story again seen higher prices at the gasoline pump and unfortunately gasoline is one of those things that you buy every week for most American families AI is going to have a very uneven impact across the economy in certain areas for example call centers generative AI is going to be transformative I think a lot of people are wondering if you're still backing Ronda santis I don't know what happened in the disantis administration in Florida the future of America is our children it's our kids and if we can't educate the next generation of American students to be successful our country is over either secure the Border or make sure that people who come here can support their families find entry-level employment and build careers this is CNBC Leaders with Ken Griffin it's been a been a really good year for the market particularly with the backdrop of higher real interest rates so if you look at both the yield on the 10year bond and more importantly the real yield for example in the 5-year tips bonds we've seen a again an increase in real rates and nominal rates and yet the stock market's been resilient so that's a that's a really interesting year to see the resiliency of our stock market against this backdrop that would usually be very challenging for equities think it can continue I'm I'm a bit anxious that this rally can continue you obviously one of the big drivers of the rally has been the the just frenzy over generative AI which has powered many of the big tech stocks I like to believe that this this rally has legs I'm a bit anxious we're we're sort of in the seventh or eighth any of this rally well part of it has been the the soft Landing story are you a buyer of that the fact that we just haven't gone into recession despite 525 basis points of tightening so it takes about a year to two years for an interest rate hike to work its way through the economy it's not instantaneous we're now at the point where we're going to see the impact of these hikes really start to play out we're seeing the job market starting to weaken there's been there's been a number of news stories in recent weeks about how companies are willing to pull back with their pain for for starting rols we're seeing uh signs that consumers have had enough in terms of price increases that they're starting to walk away from products they're trying to push through price increases so there's signs here that we're we're heading very quickly into hopefully the soft Landing potentially a more difficult scenario moving into mid to late last year in terms of of an actual recession sounds like you're that's what you're expecting recession I look my personal view is that the United States economy is enjoying a tremendous amount of unanticipated stimulus from Washington still the federal deficit this year is going to Total almost 6% of GDP it is completely unsustainable but it has been yet another shot of adrenaline into the economy that our our fiscal larest continues to push the economy forward but leaving an Ever Ever bigger bill for future Generations do you think it also complicates the fed's job a little bit we're still getting these numbers inflation has come down a lot but but looks to be sticky uh well I mean he's in a no in situation the PA is right because monetary tightening can only do so much to offset fiscal stimulus and in some sense he's it's like he's showing up at a fight with both of his hands tied behind his back because DC is just on a different agenda than he is he's trying to prudently slow the economy bring inflation back down and really engineer the hopeful soft land and at the same time whether it's the inflation reduction act or other programs that have increased spending we keep stimulating the economy out of DC so you're worried about all the the fiscal spending do you think that that the market is starting to worry about that absolutely and let's just take a a step back at the start of the Year people thought that the deficit was going to be roughly 3% of GDP and of note all right it's double that it's six it's almost six where we have full employment full employment in this country things don't get much better and we still can't keep our fiscal house in order and now that the CBOE has put out their projections that for the next several years we're going to run deficits of roughly 5% the fixed income markets are getting nervous it's an unsustainable path you think there's going to be an issue with demand for all the the issuance well one of the questions is is this rise in real yields that we've seen over the last few months really attributable to the FED tightening or fiscal is it fiscal is it the Market's fearful about the magnitude of supply and to be clear this the possibility of credit risk you know we had the US government downgraded by fit a few months ago you think that was the right call if it if it wakes up our politicians in Washington absolutely the the right call I'm not sure it's doing that well it starts somewhere right at some point we're talking about it today right in fact you're curious about this this is the start of how we actually make policy happen in America is we start to talk about the issues and this issue is now coming back front and center we haven't talked about deficits in America in a very long time but now with jet to GDP about 120% near historic highs with deficit spending that haven't seen before in in recent history outside the pandemic this topic is becoming front and center again in the minds of Wall Street so do you think we're looking at sort of persistently higher level of yields because of this so there's no doubt that this will cause us to have higher real yields all else being equal for years to come there's no doubt about it what does that mean that means fewer construction project that means less investment in companies that means that consumers will be more hesitant to buy goods and services higher real yields crowd out needed investment that we have in our economy what does it mean for the overall investing landscape for the equity market so for the equity Market it's a headwind and and that's why we we spoke about earlier are we you're anxious right are we in the seventh or eighth inning because we now have this headwind of higher real yields starting to come through the economy even if the Federal Reserve stops raising rates and even start to cut into next year so I think that you know there's a small chance of one more increase later this year they're going to look at data like today they're going to think about this very long and hard do we have to raise one more time but let's say we're pretty close to the end of this rate cycle how fast they can cut rates comes down to how fast inflation breaks now the good news is is base effects mean that inflation probably comes down over the months ahead the negative the story again we're seeing higher prices at the gasoline pump and unfortunately gasoline is one of those things that you buy every week for most American families and when you see higher gasoline prices inflation becomes better anchored in your mind and that's a problem for the economy so you don't see it coming down to fed's Target to 2% no no I I will'll be at two if we're in a deep if we're in a real recession which it sounds like you don't expect in the next year I'm hoping not but if we get to two that's actually a very bad state of the world right now so you think the FED will have to stay at these levels or even higher into next year look here's here's the conundrum the feds publicly said we're aiming for two it's probably not worth the cost of getting to two the FED should stay on its talking points it's the Central Bank it wants to inspire confidence that they are protecting the value of our currency and the purchasing power of the American Consumer but at the same time you don't want to take the economy off a cliff for the difference between a interest rate or inflation rate of 2 and 3/4% and two it's not worth the cost so they're going to have to walk that fine line I think we'll see them talk about a long-term Target of two more more as we head into the mid twos in other words they're going to make it clear they're going to get to two but they're not going to do it immediately and they're going to make that tradeoff full employment versus hitting their target they don't want to burn it down so do you have confidence in pal I think Paul's done a pretty damn good job he's had a he's had a horrible hand to play right we've had the pandemic supply chain shocks massive fiscal stimul Ulus and he's supposed to try to achieve price stability that's a no- win scenario and coming up I know you you have strong views especially on chair gendler's regulatory agenda too busy too many rules too much change too much haste can you mentioned AI as as something that has captivated investors so far this year I'm wondering how you're thinking about how transformative it's going to be so I believe that generative AI which is what people think about today when they say AI is going to have a very uneven impact across the economy in certain areas for example call centers generative AI is going to be transformative you'll you'll dial a phone number you'll get a human sounding voice on the other side that can respond to your questions and handle your matters all done from a data center no people no no people we're going to see a lot of of relatively root to repetitive activity fully automated by what generative a will bring to the table we're going to see real changes in productivity in certain sectors of the economy in fact right now the strike in Hollywood really revolves around the impact that generative AI has on the number of people that you need to produce a movie you see it in the same way for software Engineers we all already used generative AI in coding at Citadel and it's probably improved the productivity of our software Engineers by 5 to 10% now what's that mean that means that we need 5 to 10% fewer software Engineers now fortunately we're growing fast enough that we'll take that productivity gain and not have to change head headcount but other firms will reduce the size of the software engineering team so we're seeing these impacts start to Ripple through the economy big picture though for most of the economy this is another productivity tool that simply makes us better at our job much like Microsoft Word and Microsoft Excel did 20 some years ago there's no doubt we're more efficient because of email in fact it's just part of life and generative AI is going to have the same part of life aspect for most of us in how we do our work day in and day out is it a big investment theme for you it's it's a theme for us but more importantly for us we're thinking how to use this toolkit to make our firm more productive and more successful there's very few public opportunities to invest in generative AI in fact this is one of the challenges that we have today in our public Capital markets is there are fewer companies that are publicly traded today than 20 years ago there's roughly 1,200 unicorns according to CNBC those are companies that would usually been public companies they're not today some of this has been the the backdrop it's been a harder environment to go public but some of this is the backdrop that we've made it less attractive to be public what do you mean well the SEC has over the last 20 some years put in place an ever increasing number of burdens and costs on public companies it's making our public markets less attractive as a home in which companies live and where their Shares are owned and I think this is a tragic mistake that we're making on behalf of American investors because for the average family they don't have a chance to invest in the startups or the midsize companies that become the apples of today I mean people forget Apple when public at a very modest valuation people have had their entire retirements defined by being an early investor in apple or Amazon or Microsoft by making our public markets less attractive for issuance we're taking those stories away from the American investor I I I know you you have strong views especially on chair gendler's regulatory agenda 22 Pro 22 rule changes that he's passed and more than double that in terms of proposal changes what's your take too busy too many rules too busy too many rules too much change too much haste so chairman gensor may be coming from a good place on many of these rules but if you don't do the homework about what are the real problems and how do you effectively solve those problems you can end up creating an onslaught of legislation that actually destroys value for the American public for American corporations and American investors which ones are you talking climate disclosure rules take climate disclosure for a public company how are they ever supposed to compile this information now if you compile the information it turns out you don't have it right which will often be the case with a new rule how many billions of dollars are they going to spend defending themselves from plaintiff's lawyers who are going to have a field day on the back of this issue I mean chairman Gensler I appreciate you have an interest in climate but advocate for a carbon tax advocate for something that's easy simple straightforward and effective to implement I I don't have you talked to him about this I haven't talked about climate change on that issue but we've been very actively involved in the regulatory process we comment on on virtually all the rules that impact our Capital markets we believe that by running one of the world's largest hedge funds and one of the world's largest market makers we have a very unique vantage point of appreciating how liquidity is created and liquidity is so important because one of the drivers of our of our Capital markets is capital formation yeah right that's how we create these incredible stories like Nvidia they can raise cap in our public markets and they create exits for for Venture Capital backed firms which encourages more VC in America so we have a really powerful vantage point to comment on these rules and they do allow public comment I mean he would say they they take that all into account well that's what they say and unfortunately we haven't seen that yet coming up this idea that you could immigrate to America and then cannot be employed is is utterly mindblowing either secure the Border or make sure that people who come here can support their families find entrylevel employment and build careers we've been talking Ken a lot about the political landscape and bringing in leaders to address some of the priorities that you have like education and the deficit I think a lot of people are wondering if you're still back backing Ronda santis you did publicly but haven't spoken about it in a while well I think if we go back though to to what's important to me education I think education is important to almost every family in America Ronda santis on the topic of education has done a great job in Florida there's a footfall in the last few months that I don't really care for but overall he's done a really good job of expanding access to charter schools in Florida and I'm making it very clear in Florida we're going to focus on Phonics and reading and Mathematics and we're going to keep ourselves outside of the culture wars that have consumed way too much air time in my opinion in way too many classrooms across the United States so you backed him on the the don't say gay bill in Florida well so the the first version of don't say gay which was to keep the dialogue around sex out of the classroom for kindergarten through third grade I think he got that right and in fact one of my closest friends is one of the largest supporters of gay rights in the United States and I I specifically asked him about this legislation I was very curious what would he say about this given his lifetime commitment to fighting for gay rights and he felt the same way that I do which is kindergarten children they're interested in baseball and butterflies we don't need to be exploring what sexual gender they identify with when they're 5 years old now I said there was a misstep the expansion of that legislation through high school I think was a grave mistake I think as children age these issues become very I mean they become very real it's part of the passage into adulthood and to have access to your teacher as a resource to discuss and debate these issues I think is incredibly important and I have a huge huge belief in the importance of freedom of speech and any legislation that curtails freedom of speech in this context with an adolescent student I think is a mistake what about going after Disney you know what like from my heart Ron won that war out of the out of the gate he should have spiked the football and walked off the field and it should have ended there the ongoing battle at Disney I think is pointless in fact it doesn't reflect well on the ethos of Florida you know the the mayor of Miami Dade is a is a Democrat she's really exceptional and you know what she talks about with me how can we make this a great state to do business in Ron needs to stay on that talking point and in his words and in his actions make it clear to the entire United States of America Florida is open to companies that want to create jobs that want to create innovation that want to build a future in our nation and the fight with Disney runs counter to that narrative absolutely so do you support him for presidency so we're we're now through the first debate and I'll tell you what I'm still on the sidelines as to who to support in this election cycle I'm still on the sidelines and in fact it probably doesn't matter Donald Trump has been made the Martyr by the legal system he's right now The Runaway favorite in the Republican primary and interesting enough there's no real Contender against Joe Biden who with all due respect it's it's time for him to enjoy retirement Biden Biden you've also called Trump a three-time loser look if I had my dream we'd have a great Republican candidate in the primary who was younger of a different generation with a different tone for America and we'd have a younger person on the Democratic side in the primary who would have his message for our country and we'd have a debate around ideas and principles and policies to make this a great nation we're not having that dialogue right now and that's really concerning to me so you're not you're still on the sidelines listening to the debates what what how are you assessing how are you making that decision what sort of issues are you listening for because it's not really clear what desantis's campaign strategy is I I I don't know his strategy I I I'm in the same camp you are it's not clear to me what voter base he's attending intending to appeal to factually one of the best first-term governors in the history of the United States Florida under his leadership crushed it during the pandemic they've had just tremendous success the last few months have been different and sometimes success goes to people's head sometimes success means that the the ecosystem that you live in changes people no longer give you good feedback about the pros and cons of your policies I don't know what happened in the disantis administration in Florida I do know first-term Governor pH just a phenomenal job but that hasn't been how this last few months has played out so which one do you worry more about Trump or Biden I you know who do I worry more about sounds like you're not a fan of either I both men have had important roles in American government with Trump we did beat the pandemic and to his credit a number of issues of National Security both defense and economically he put front and center on the table in fact those issues have almost consumed both parties at this point in time time in terms of of debate but he did a lot of good things as president but there were some dark there are you know there are dark sides to that moment in American history too I think it's time for him to move on with with Joe Biden I don't know if the American voter wants to be deciding the president for 2026 in 2027 in the general election and it may not be Joe Biden given his is health so do you really want to go vote for Joe Biden when you when you know deep down there's a really damn good chance he won't finish those four years as president that's a very unusual place for the American voter to be in making that decision to cast a ballot for somebody I did want to ask you about China because I know you've been expanding the firm in Asia and and I think in China as well there are questions about whether China's investable right now given some of the geopolitical issues the economy weakening the debt problems what do you think so we're at a moment in time where the two great superpowers of the world are far more distant from one another than they should be we spoke earlier about the need for us to to get our fiscal house in order China has been a large buyer of us treasuries over the years foreign countries fund our fiscal responsibility we can't be in a geopolitical crisis with the Middle East with China with other countries that fund our debt unless we're going to put our fiscal house in order now to be clear my first choice is to reduce dependency upon foreign Capital to fund America and we can get there by having better policies that encourage growth and productivity and higher real incomes for American families like that's that's what the focus should be but until we get there we cannot destroy our relationships with those countries around the world that fund our economy it's just this is not the way to go are you investing in China we do invest in China we've invested in in that region for 30 some years and there are some just incredible entrepreneurs in China I mean people who have been gamechanging both in their economy and signaling to us in the west things that can be done I mean look at the incredible success that Alibaba had in payments that's changed payments all over the world and for emerging markets it's been an absolute home run in giving local Merchants the ability to more readily sell their goods at a much lower cost point to their consumers so a lot of really good things have come out of China's entrepreneurs and I really do hope that we see and this has been the trend she continued to encourage that level of innovation within their economy but there are questions about that and now there are questions about just the economy in general and whether they're facing something more serious on the debt side credit event so they have challenges both of our countries have challenges both of our countries are dealing with an aging population their demographics are far more challenging than ours he has to lead a nation that has a has had a one child policy for a very long period of time which means that there are far fewer workers to support an ever increasing number of retirees our country because of immigration doesn't suffer the same challenge to the same magnitude now on that topic though it's really important that the immigrants who are coming to America get into the workforce as fast as possible this idea that you could immigrate to America and then cannot be employed is is utterly mindblowing either secure the Border or make sure that people who come here can support their families find entrylevel employment and build careers and if they build careers in America and they create value in America that will help us deal with the retirement bill that we have coming due and you and I both know the power of immigrants to this country has been profound almost half of all the companies in the Silicon Valley were started by people who immigrated to the United States coming up dumb money comes out this week and you are you are played there's a character that is Ken Griffin this is about the GameStop Saga first of all have you seen the movie I will absolutely see it so you're expanding C we talked about in Asia a little bit also expanding it here in New York in in South Florida talk to me a little bit about the decisions that you're making when it comes to real estate because you're you're in building mode we are in building mode but I think real estate is part of of how we make sure that our teams have the best opportunity to collaborate together focus on New York the focus on Miami these are two cities in the United States that have a really important value proposition for young graduates from college they want to be in New York City they want to be in Miami they want to be in these vibrant cities where they can be with friends have a really good experience at work and have a great life outside of work and that that's pulled us towards Miami towards New York from other cities in America where the quality of life is deteriorated over the last several years on the back of a of a variety of of issues that came out of the pandemic Chicago in particular you were worried about safety safety in Chicago wasn't a worry it was a reality yeah I had four colleagues mugged at gunpoint I had a colleague stabbed a few hundred feet from our front door of our office had groups of kids riding outside of our building and throwing shopping carts and items and onp passing cars you can't run a world-class financial institution in a city where Anarchy exists I mean the building I live in in Chicago had 25 bullet holes in the ground floor the store the Dior store across the street they' drive a van through to help facilitate robbing it that's Anarchy that's not crime it's Anarchy you blame the local politicians well local the governor the mayor 100% the buck stops on their desk when you're elected governor of Illinois you're elected to keep the peace and he failed to do so you think it's a better situation now in New York I think New York and Chicago are are completely different today 100% New York New York's at an interesting Pivot Point right now things have clearly gotten worse but I'll give mayor Adams credit there's a focus on fixing the problem and there's an embracing of the importance of fixing the problem in contrast to what I saw from JB pritzer and Lori Lightfoot which was in some sense just an acceptance of the issue and almost a willingness to support that chaos and Anarchy by reducing the ability for the men and women who served in the police department to just maintain safety on the streets I mean in Chicago there was a game it was a game could you hit somebody hard enough to knock them out cold on Michigan Avenue that's terrifying that's terrifying yeah and you lost a third of the retailers in what McKenzie described as one of the five greatest shopping districts in the world it's it's also a reflection the buildings of of your strong views on people being at work Folks at Citadel they work in the office 5 days a week and there's still CEOs that I talk to that are having trouble bringing their people back especially in the technology sector and that aren't requiring it you know at this point we've been back together for two years people that don't want to be together have long sense left so I can't really use us as a talking point or model in the for how other businesses should run because today the people who are at Citadel have self selected to being part of a community which means that we have conference rooms full of people debating ideas and we have inperson mentorship and we have a 100,000 College applicants wow we have a 100,000 men and women from the best universities in the United States and around the world who want to be in person they want a career they don't want a job they want a career they they value mentorship they value human engagement and they're going to prosper with us so I'm I'm actually very optimistic about the generation that's coming into the job market today that they have so much personal ambition to not only get a head in life but I I give this generation credit they want to leave a positive impact on the world that they're a part of being in person but also I think would would help that you are now the top earning hedge fund in history surpass Bridgewater last year having another strong year year to date I think the numbers were up almost 11% outperforming other hedge funds what what is the what is the secret sauce well I I think that you talked about one of them already which is our team works together in a business where the flow of information and the debate and dialogue that goes around ideas happens in person is a firm that's very well position from a competitive Advantage perspective and it's multi strategy which a lot of people don't understand yes it's a it's a catchall phrase today we trade equities good oldfashioned stock picking we trade fixed income securities bonds and currencies and we trade Commodities that's what we do at Citadel day in and day out we also lend money to Corporate America and to companies around the world so that's the Pinnacle or the the the um not the Pinnacle but the foundation upon which we run the business and then SEL Securities is one of the largest market makers in the world so we provide liquidity to retail and institutional investors across a broad array of products and and that that team working together is a big part of our success story is there a strategy or an asset class that you're particularly excited about right now I know Commodities were a big hit last year for instance Commodities have been really interesting for the last couple of years and as the world undergoes an energy transformation there are going to be a number of moments where the pricing of Commodities will be in new territory and firms that do better research that have better Insight will be better positioned to take advantage of those moments in time to allocate Capital more thoughtfully more efficiently so we're very excited about Commodities I'm really excited today about the fact that arm is going public hopefully this opens the floodgates to more of the unicorns going public we are a lot of value creation opportunities exist for investors in our public markets so today is a really important day I hope this deal goes goes exceedingly well both for arm for soft bank for the underwriters and for the investment community as a whole which is not to say that that you would invest or tell people to invest in arm just the idea that we're that we have opened the the floodgates yes 100% you know one of the one of the great why is the United States so much stronger than most of the western world it's that vibrancy in our Capital markets from from whether it's the investor at home to your largest mutual funds like Fidelity making independent judgments on the prospects for the businesses that will Define the future of our country and our Capital markets is where these this debate of ideas comes to rest in the form of liquidity and price formation that's what happens in our Capital markets and it's the reason why after the great financial crisis it's one of the key reasons the United States was able to put that dark moment behind us so quickly in contrast to Europe it's also part of the culture that encourages so much new Enterprise formation we could talk about Great American Technology stories it's a much more difficult conversation if we were in Europe to have they don't have the microsofts the nvidias the Facebooks of the world they don't have a culture of Risk Takers that has been so important to job creation and improving the quality of our lives here in America or for that matter around the world dumb money comes out this week and you are you are played there's a character that is Ken Griffin this is about the GameStop Saga first of all have you seen the movie I I've yet to see the movie it was a the game Saga Saga is the operative word you lived through that you've talked a lot about it there there's reports that you're you're not happy with your portrayal in the movie is that true I I haven't seen the movie so I can't really comment on that uh I I have a small vignette according to my friends who saw about 90 seconds of film time look it's a story I hope they produced a great movie I will absolutely see it and I hope that it has a lot of important lessons for American investors in it you know you want to be part of making the call on the right business that's going to be defining tomorrow you want to be the investor in Nvidia you want to be the investor in apple when jobs returned you don't want to be the investor in a speculative bubble that eventually bursts that's not where you want to be GameStop or am GameStop AMC that's I mean the amount of money lost there by people who didn't have that money to lose is really sad but there's also some questions about whether you're taking legal action anything like that against the movie uh we're not doing I have other things to do with my life but I know you're upset about the the actor who played you I know you were hoping Offerman yeah you were hoping for I mean like look if I could get Daniel Craig you know i' prefer that but you know Nick works great Ken please stay with us if you would because we we want to talk to you more we want to talk about why we're here today at Success Academy with the woman who is in charge and the founder of this place the founder of Citadel has set his sights on the classroom Ken Griffin reimagining how students achieve academic success not just at his alma mater Harvard but in high schools like one Eva first of all thank you for having us here today I know Ken is is a big believer and a big fan of your work and what you've built here so for those that aren't familiar with with Success Academy tell us about what it is sure we opened five weeks ago with 21,500 students kindergarten through 12th grade 94% of our students are black and brown 16% are special needs about 82% live below the poverty line and yet uh we are educating them up to a very very high standard in fact our kids outperform kids in the affluent suburbs on the state tests on AP exams we have a six-year record of 100% of our graduates going to four-year colleges I mean the track record is amazing Ken how did you get get involved with success so I've been involved with Robin Hood in New York for years and Robin Hood's been a a big fan of of charter schools in New York City and of success in particular and then Dan lobe who runs third point is is certainly part of the Eva fan club and he he made a real point to making sure that I came to learn more about the just literally the miracle that happens here at success acmy what what are the takeaways more broadly Eva about what you're doing here and how to scale that and and broaden that Across America where I mean you've seen some of these these new statistics it's not good and especially postco 8th grade reading is at a two decade low I think math is at a three decade low what do we take from this well I think we have to uh take a step back and fundamentally rethink the service of Education uh we are not getting the basics right in America even though we spend more money on education than any country around the globe uh take something like reading for 20 years years we canell phonics any educator worth their salt knows that an evidence-based program is essential we're not teaching kids to count in kindergarten anymore that's very very basic uh the problem is really one of political will it's not one of we don't know how to educate children we actually do know how to educate children we're just not giving them what they are entitled to and deserve and I think it has major implications for America's Global competitiveness uh it is a tremendous drag on our system when we have poorly educated uh kids and we don't really want a society I hope not where we have educational halves and Have Not So enter Ken Griffin you you've funded Harvard Miami Dade Success Academy clearly education is one of your key priorities why well let let's take a huge step back yeah you and I will spend our days talking about arm and Microsoft and Nvidia that's not the future of America the future of America is our children it's our kids and if we can't educate the next generation of American students to be successful our country is over we talked earlier about the size of the federal deficit if we can't profoundly change productivity in America we can't make the promises that we've made to the Baby Boomers our retirees and those who really do have a hardship in life we need to radically improve education K through 12 in high school and we spoke about political will let's be clear we need the voter to make this an issue but I'm I'm so pleased to support what Eva does here at success acmy because she shows us a different way she takes kids who come from the Saab story that unions use in trying to justify their poor results in public schools and she proves them wrong not just a little wrong enormously wrong and the kids here they're remarkable billionaire philanthropist headline maker Ken Griffin is Frank as ever about the markets regulations and the hype around technology this has been CNBC leaders thanks for watching [Music]

Channel: CNBC Television

Views: 21,972

Keywords: Brian Sullivan, Finance, Finances, Market news, Markets, Money, News, business news, cnbc, news station, stock market, stocks, us news

Id: MBG78ISavxM

Length: 43min 3sec (2583 seconds)

Published: Wed Dec 20 2023