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

November 3, 2026 · 50 min

Show notes

Happy election day! Results from the midterms could impact CEOs, dealmaking, and the regulatory landscape; CNBC’s Megan Cassella reports on the key races Wall Street is watching. Hedge funder Bill Ackman, with nearly $33 billion under management at Pershing Square, shares his perspective on the markets as the midterms begin. 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 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

Rahm Emanuel, @RahmEmanuel

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Megan Cassella, @mmcassella

Katie Kramer, @Kramer_Katie


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