After New York’s primaries, House Minority Leader Hakeem Jeffries (D-NY) discusses the future of the Democratic Party in a midterm election year. Plus, Zynga founder and Reinvent Capital partner Mark Pincus has written a book, “Life at the Speed of Play.” Pincus discusses his thesis of how to build successful products from good ideas, as well as his investments in SpaceX and Anthropic. Pincus is still waiting for the “technology treasure” invention of the AI age. Plus, CNBC’s Kristina Partsinevelos explains the surge in Qualcomm and Micron shares. Kristina Partsinevelos - 8:41 Mark Pincus - 19:08 House Minority Leader Hakeem Jeffries - 36:40 In this episode: Hakeem Jeffries, @RepJeffries Kristina Partsinevelos, @KristinaParts Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie 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.

House Minority Leader Jeffries & SpaceX Investor Mark Pincus 6/25/26

Squawk Pod

# Full Transcript

**Podcast:** Squawk Pod

## Participants

- **Joe Kernan** (CNBC)
- **Mark Pincus** (Zynga / Reinvent Capital)
- **Hakeem Jeffries** (U.S. House of Representatives)

## Transcript

[SPEAKER_02] You're listening to this podcast, so you've got a curious mind. Here's a helpful fact. Drivers who switch and save with Progressive save over $900 on average. Visit Progressive.com to see if you could save on car insurance. Progressive Casualty Insurance Company & Affiliates. National average 12-month savings of $946 by new customers surveyed who saved with Progressive between June 2024 and May 2025. Potential savings will vary.

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[SPEAKER_12] Bring in show music, please.

[SPEAKER_04] Hi, I'm CNBC producer Katie Kramer. Today on Squawk Pod. Who's in the middle? Really? A question we can't get away from today. Talking about the politics of tech policy with Mark Pincus, the Zynga founder and entrepreneur, is out with a new book on the speed of life.

[SPEAKER_05] These unicorns, what I call internet treasures, have not been invented yet.

[SPEAKER_04] And a Democratic primary that shook up a few incumbents in New York City in favor of candidates more and proudly on the left. The Democrats' leader in the House, Brooklyn's Hakeem Jeffries.

[SPEAKER_13] The Democratic Party at its best, the country at its best, believes in a strong floor and no ceiling. In other words, you work hard, you play by the rules in this country. You should be able to live an affordable life, a comfortable life, at minimum a middle class life.

[SPEAKER_04] Plus, memory chip stocks surge.

[SPEAKER_07] Does the AI build out get to a point where it's built out? Are we going to keep going until we create God?

[SPEAKER_04] Does it make a market?

[SPEAKER_06] So you're saying this time is different? Yes.

[SPEAKER_04] It's Thursday, June 25th. Squawk Pod begins right now.

[SPEAKER_08] Stand, Andrew, by. Three, two, one. Up in, Andrew.

[SPEAKER_06] Two. Good morning. Welcome to Squawk Box right here on CNBC. We're live at the NASDAQ market site in Times Square. I'm Andrew Ross Sorkin. Back in the chair with Joe Kernan. Becky's off today, so it's just the boys. Nice to see you, sir. Good to see you. After an eventful week and a half. Well, I don't have any.

[SPEAKER_07] You would need to go on a dissect every day for you because you're on, you know, Pures Morgan. You're at conferences. You've just got a lot going on. I've been working, as they say. There was a vacation in there, too. There ...

House Minority Leader Jeffries & SpaceX Investor Mark Pincus 6/25/26

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

House Minority Leader Jeffries & SpaceX Investor Mark Pincus 6/25/26

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.