Election Day with Bill Ackman & Rahm Emanuel 11/3/26

Happy election day! Results from the midterms could impact CEOs (cnbc.com/2026/11/02/stock-market-after-midterm…), dealmaking, and the regulatory landscape; CNBC’s Megan Cassella reports on the key races Wall Street is watching (cnbc.com/2026/11/02/the-midterms-are-here-how-…). Hedge funder Bill Ackman, with nearly $33 billion under management at Pershing Square, shares his perspective on the markets as the midterms begin (cnbc.com/2026/11/03/midterm-election-stock-mar…). While he’s personally invested in SpaceX, he views the company as too uncertain for inclusion in his hedge funds. Rahm Emanuel, former White House Chief of Staff for President Obama, former congressman, and former Chicago Mayor, discusses America’s political landscape heading into the midterms. He’s calling for the Democratic Party to shift back to the center, rather than further left. Plus, OpenAI hired former U.S. Army Secretary Dan Driscoll (nytimes.com/2026/11/02/business/economy/eeoc-t…) as senior counselor for national security modernization.

Megan Cassella - 02:43
Rahm Emanuel - 12:45
Bill Ackman - 31:18

In this episode:
Bill Ackman, @BillAckman (x.com/BillAckman)
Rahm Emanuel, @RahmEmanuel (x.com/RahmEmanuel)
Joe Kernen, @JoeSquawk (x.com/JoeSquawk)
Becky Quick, @BeckyQuick (x.com/BeckyQuick)
Andrew Ross Sorkin,@andrewrsorkin (twitter.com/andrewrsorkin)
Megan Cassella, @mmcassella (x.com/mmcassella?lang=en)
Katie Kramer, @Kramer_Katie (x.com/Kramer_Katie)

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.