Squawk on the Street
Tax Bill Standoff Effect, Musk Highlights, Target Off the Mark 5/21/25
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Show notes
Carl Quintanilla, Jim Cramer and David Faber explored tocks falling and yields spiking in light of the Capitol Hill standoff surrounding President Trump's
tax and spending cuts bill. Hear Cramer's take on the proposed legislation. David broke out highlights from his blockbuster interview with Elon Musk, including the
Tesla CEO's comments on robotaxis. TJX and Lowe's joined the retail earnings parade along with Target, which saw shares slide on disappointing results and guidance --
the CEO's message on pricing and tariffs in the mix as well . Also in focus: UnitedHealth responds to a report which states the company is the subject of a Medicare fraud probe.
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