DC Aid Packages, Bitcoin’s Volatility, & Trump Media’s Slide 04/16/24

Days after bitcoin’s weekend plunge and days before the bitcoin halving, Galaxy Digital CEO Michael Novogratz discusses the trajectory of crypto assets amid geopolitical and monetary policy uncertainty. Shares of Trump Media are down 60% from the company’s high in March, after its debut. Semafor business and finance editor Liz Hoffman discusses Truth Social, the platform Trump Media owns, and she considers who owns the volatile stock–and why. House Speaker Mike Johnson plans to split an aid package for Ukraine, Israel, and other U.S. allies into separate bills. Punchbowl News co-founder Jake Sherman discusses what’s at stake for Speaker Johnson (R-LA) and for the GOP. Plus, CNBC’s Emily Wilkins reports on lawmakers encouraging the Nasdaq to delist Chinese companies blacklisted by the Defense Department. And don’t forget to show your support for Squawk Pod! We’re up for a Webby Award, but we can’t win without your votes. Vote for Squawk Pod here, and check out our nominated special series, "Charlie Munger: A Life of Wit and Wisdom," featuring our final interview with the Berkshire Hathaway Vice Chair. Jake Sherman - 02:27Emily Wilkins - 06:33Mike Novogratz - 12:06Liz Hoffman - 24:02 In this episode:Liz Hoffman, @lizrhoffmanJake Sherman, @JakeShermanEmily Wilkins, @emrwilkinsMelissa Lee, @MelissaLeeCNBCAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.