Squawk on the Street

Fed Decision Day, Tesla Investor Angst Over Musk, FTX and "Old-Fashioned Embezzlement" 12/14/22

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Carl Quintanilla, Jim Cramer and David Faber focused on markets anticipating Wednesday's Fed interest rate hike decision, policy statement and Fed Chair Powell's news conference. What's at stake for your portfolio? The anchors explored Tesla's ongoing stock slump as key investors express frustration with Elon Musk's focus on Twitter. Also in the spotlight: A Senate Banking Committee hearing on FTX's collapse one day after new FTX CEO John Ray III told House lawmakers the bankrupt crypto exchange engaged in "old-fashioned embezzlement." Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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