Bring in show music, please.
Hi, I'm CNBC producer Katie Kramer. Today on Squawk Pod, Trump Accounts Savings Vehicles for Kids officially launched on America's 250th July 4th celebration, one of the orchestrators, Silicon Valley investor Brad Gerstner.
This is not a program. This is a platform. It is the largest unlock of direct philanthropy in the history of the country. A template to bring the American dream back down to Earth.
Gwen Shotwell's gift this morning, an extraordinary gift. 2 million shares of SpaceX to 2 million kids. They'll hold in their accounts over the course of the next 10 to 20 years. Plus, the rest of today's news that got us squawking. Red card drama. And an affair to remember. A royal wedding in New York City. It's Monday, July 6th, 2026. Squawk Pod begins right now.
Stand back by in three, two, one. Cue it up, please.
Good morning everyone. Welcome to Squawkbox right here on CNBC. We are live from the NASDAQ market site in Time Square. I'm Becky Quick along with Joe Kernan and Andrew Ross Sorkin. President Trump marking the nation's 250th birthday over the weekend in a speech on the National Mall that was delayed nearly two hours by some bad weather. The president mixed appeals to patriotism with some of his themes from the campaign trail calling for new voting restrictions and a listing of achievements. On Friday, the president delivered a similar speech from Mount Rushmore where he warned that communism is a threat to American liberty.
Communism is a mortal threat to American liberty. It is the greatest threat to our country, including World War I, World War II, Pearl Harbor, or even 9/11. We're not going to let this happen to us. It's the enemy of the Constitution. Above all, it's the enemy of July 4th, 1776.
US soccer star soccer forward Fullerin Balan is going to be available to play in the team's round of 16 match tonight against Belgium after FIFA suspended a red card. It was given last Wednesday. It came after President Trump reportedly asked the soccer organization to review the red card. He was given the penalty for what appeared to be an accidental foul stepping on a player from Bosnia. MS Now confirming that President Trump called FIFA President Giani Infantino about the penalty. An official said the US government provided additional evidence to FIFA on True Social. President Trump wrote in his words, 'Thank you to FIFA for doing what was right and reversing a great injustice.' The Belgian Football Association said in its words it was astonished by the reversal. European soccer's governing body is expected to comment later today. We're also learning more about high interest in wagering on the World Cup. Dune Analytics says that Cali saw more than $31 billion in notional trading volume last month. That's up more than 70% from May. Poly Markets International Event Contract Exchange set a record high in monthly volume in June that reversed a downtrend that was seen in April and in May. CNBC and Koshi have a commercial relationship that includes commercial or customer acquisition and a minority investment. Today's big market is the United States versus Belgium game, which takes place tonight at 8:00 p.m. Eastern time. Users see the United States with a 52% chance of advancing versus 48% for Belgium. Belgium's an excellent team, ranked number nine in the world,
and it has beat the United States team in the past.
I watch I've watched a lot and I was a little bit disillusioned watching France and Paraguay because it was such a great game in terms of the defense that Paraguay put up and I didn't think that was a penalty either. They gave and then you know you give it to Mbappe or whatever. I knew of course he's gonna and then they win that way and it's like okay France moves on after and I was surprised Peru just took it all in stride. That's the way it works. I guess it can be a penalty kick can
I will say we were watching 90 minutes of watching that and a penalty kick determines it.
Yeah. And we watched the Cape Verde versus that was an unbelievable game down to the end. The idea that Cape Verde or Cabo Verde whatever you call it could have potentially taken out the team that Messi's on for this whole thing. I mean, that was maybe the best game that I've seen through the entire world.
Yeah. could have potentially taken out the team that Messi's on for this whole thing. I mean, that was maybe the best game that I've seen through the entire world.
And yesterday was amazing. I can't believe I'm saying no. Norway Norway up against Brazil. That guy he looks like he's got this Viking. I mean he looks like a Viking and he scored both goals or at least scored two goals.
Yeah. In two minutes. That was a really phenomenal match as well. And Brazil, you know, they can't even I think they're in shock. And then tonight I'm glad the guy's playing. We need the guy, but you know, it's just And the original foul
Well, the red card, right? It shouldn't have been a red card. No, that was the
So, but then this has never been done where 1962 or something.
Well, let's try and win. Let's, you know, let's now that we got the guy back win. I don't think we should be, you know, sulking around. Oh, god. You know, we're getting an advantage. I go try and win. You know, no one no I don't
if you win the whole world or if you get to the quarterfinals and then go beyond that it's like
higher pressure to win for sure
people love a winner and you know so now that you got this got him back hopefully scores three goals tonight
buzz around luxury giant LVMH this morning this follows the wedding of Taylor Swift and Travis Kelce at New York's Madison Square Garden over the long weekend the couple reported to have worn Christian Dior haute couture because that couture Dior is one of the famous brands owned by LVMH along with others like Louis Vuitton and Marc Jacobs. The couple's shoes coming from Christian Louis Vuitton. This with Swift saying that Swift said to have worn jewelry from Cartier comedian Adam Sandler apparently was the surprise officiant at the ceremony.
Wedding wedding planner, you know, the whole thing. despite not wedding wedding singer. Why did I call wedding planner?
Despite celebrity star power on hand that included by the way Bradley Cooper, Carly Claw, Steven Spielberg. We have yet to see any official photos from inside the venue though there are a lot of AI pictures. I don't know if you've seen and then maybe friend of the show Adam Aaron I don't know if you saw
seems to have posted a whole thing about the wedding and then seemed to have taken it down with all sorts of interesting description about what they had done to transform the inside of the garden with pink carpets and all sorts of flowing things. Apparently you never really realized you were it was done so well supposedly that you wouldn't even know you were inside the garden. Which is pretty amazing. That would be the hope, right?
I've always thought to myself, how could you even do a wedding inside the garden? What would that look like? They must have taken over the garden at least for 3 days given the load in maybe even 4 days. Think about the cost of that. It is kind of an extraordinary extraordinary thing.
One way to prevent cameras from getting in there though.
But cameras everywhere on the outside. I mean, they shot everybody coming in and out of the wedding and all of that. So, a royal wedding in New York City.
Initially, I was thinking if I had my choice where to get married at like MSG be like dead last. But I guess if you get it's going to be a spectacle, then then you
It was a big wedding. Thousand plus people, right?
I thought it might be a head fake that they just
I know that kept implying it would be a head fake.
