brad smith.celo bill, mary? about softbank's new deal. stay tuned you're watching "squawk box" on cnbc carl, say hi to nina, our schwab financial consultant. hm... i know how difficult these calls can be. not with schwab. nina made it easier to set up our financial plan. we can check in on it anytime. it changes when our goals change. planning can't be that easy. actually, it can be, carl. look forward to planning with schwab. schwab! ♪♪ >>> a whole new list of tax hikes have been floated around as a way to pay for the $3.5 trillion infrastructure plan let's find out more. robert frank joins us now. really, some creative things, robert american ingenuity it's awesome. >> yeah, joe lot of ideas on the table. president biden's plan alone includes more than 80 tax hikes, credits and new forms of taxation most of the trillions of dollars that could be needed for this reconciliation bill comes from just three big tax hikes from a dollar perspective, these are the ones that really matter. the biggest,

>> i think he does one of the things that microsoft does well, brad smith, who is the president, they'veaken a responsible look he wrote tools and weapons about how tech can be used many people, all due respect to jim, i love him. facebook is not. they are looking for blame saying well cars are good. making all of these painful metafors and saying we have all these problems and we are looking for action microsoft had its day in court and didn't do so well. >> you spoke would netflix's ceo and talking about competition and much expected expansion into gaming >> i look at it like any other vertical of content. a couple of years ago we weren't making unscripted or movies or foreign language content i look at it that games are this evolution of story telling and that's something we do all day >> wanting to invest in content and games and not interested in a device not interested in live sports. subtle digs at disney. >> not subtle. >> a lot of people are worried about netflix even though they've sort of run laps around others for years not the best, some are pretty good disney is probably hi

greg adams of kaiser permanente, brad smith of microsoft, and bob chapek of the walt disney company areke with the president today. soon the labor department will require a vaccine mandate for companies more than -- with more than 100 employees. >> this is a pandemic of the unvaccinated. >> biden hopes more businesses will choose to require vaccinations before it becomes the rule. >> pfizer is planning to submit data to the fda by the end of the month with hopes for a green light to start vaccinating kids, ages five to 11, by late october. across the bay area, starting to repair to distribute those shots once the vaccine is approved for emergency use. deveney sierra is digging into what we can expect. there is a lot going on here with little kids, boosters, etc.. >> it could happen before halloween. while there are several steps that need to happen before the decision is made, counties across the bay area tell us they are preparing now. vaccination clinics can open immediately after. >> protecting the unprotected. that is the hope pfizer's covid vaccine is giving anxious parents with yo

greg adams of oakland-based kaiser permanente, brad smith of microsoft, among the ceos who spoke with the president today. kristen: emotional testimony. olympic gymnasts call for answers on capitol hill over abuse by ausa gymnastics dr.. historic launch. four people had to space and they are not astronauts. hispanic heritage. we kick hispanic heritage month today, with a look at two bay area doctors making history. spencer: we may have rain in the man, look at that internet that doesn't miss a beat. that's cute, but my internet streams to my ride. ok chill, cause mine's so fast no one can catch me. sweet, but my internet gives me unlimited wireless with 5g. that's because you all have xfinity. whoa! internet and wireless so good, it keeps one-upping itself. get started with xfinity internet for $19.99 a month for 12 months with a 1 year agreement. plus, save up to $400 a year on wireless over at&t when you add xfinity mobile. switch today. what can i du with less asthma? with dupixent i can du more... yardwork... teamwork... long walks.... that's how you du more, with dupixent, acks.

joining us now to discuss, microsoft president brad smith. the coauthor of "tools and weapons, the promise and peril of the digital age". always good to see you. i wish it was about better news. even if the delta variant didn't exist, we are seeing a huge push from workers in sort of every industry who have now said, i've been home for a year and a half, i don't want to go back to work. is this going to be a long-term reality? >> i think, stephanie, that we're going to see a future for the long term that gives many people, not everyone, but many people more flexibility and more choice. it is worth keeping in mind there's a large number of workers that have never had the ability to work from home. people who are in critical service jobs and the like. but for people in offices, as you point out, technology has sustained them, it has sustained all of us, and i think we have a future where people will be back in the office, they'll be back together in certain scenarios and many people will also want to work more from home and it will be more of a

brad smith observed that today information is sideload and we need these entities been a position to scan the entire horizon and connect the dots between all of that and what is taking place. wind, has devised having a single entity to which all of us can report, building speed and agility and argue private enterprise should be instructed for reporting requirements being name for community vision for private sectors to put together on addressing this issue. kevin mendiola testified about the importance of centralizing intelligence for the speed at which the picture and vision will come together. hearing convinced me congress must act to ensure cybersecurity and infrastructure agency, timely cyber incident for critical infrastructure owners and operators. chairman thompson, ranking memberitoh, the reporting framework, i would like to think - i would like to thank them both for their efforts. the draft legislation is the product of months of dialogue, with private sector stakeholders. i want to express my gratitude to those who work with the committee to provide various drafts of legis

microsoft president brad smith observed that today information is siloed and that we need one entity in a position to scan the entire horizon and connect the dots between all of the attacks or hacks that are taking place. solar winds president testified having a single entity to which all of us can report will serve the fundamental purpose of building speed and agility and argued that private enterprises, quote, should be instructed with reporting requirements and we made part of this community vision where public and private sectors can work together on addressing this issue, end quote. at the same hearing fire eye ceo testified about the importance of centralizing intelligence to improve the speed of which the picture and vision will come together, end quote. that hearing convinced me that congress must act to ensure the cyber security and infrastructure security agency known as sisa receives timely infrastructure operators. since then i've worked to draft legislation to establish a mandatory cyber incident reporting framework at cisa, and i'd like to thank them both for their effo

president brad smith being appointed as vice chair. he looks familiar to me. >> friend of the show. >> he was on last week, right? that's how i -- >> he's on pretty frequently >> he is wasn't it just -- i think -- see, you guys don't know. >> it was last week after i came back so it was the end of the week >> just last week. >> see, i remembered that. >> can't get much by us. >>> investors this morning also talking about apple after the tech giant's big product unveiling yesterday afternoon. here's what the company announced. a new low cost ipad and an ipad mini various versions of the iphone 13 but the promise of better battery life and the apple watch series 7 the new models charge faster, have a bigger screen area and they're more crack resistant people calling this revolutionary -- or evolutionary not revolutionary. big buzz check out apple shares though. they were down yesterday briefly. you can see this morning up by half a percent >>> meantime, in global market news casino stocks dropping as regulators in china beginning a 45 da

the company announced president brad smith has been appointed vice chairman, microsoft shares up 1 and a half percent. a different story for some of the chinese stocks this morning on more fears of the crack-down out of china. .macao. secretary of state's house testimony coming up and shaping crypto policy, potential of regulating the crypto market as securities and exchange chairman defends his plans. he has begun with the regulatory changes. the american dream home. we will take you live to florida where a star basketballer's home hope to fetch millions of dollars. wait till you see the home. you're watching mornings with maria live on fox business. ♪ ♪ ♪ it's time for the biggest sale of the year, on the new sleep number 360 smart bed. it helps keep you effortlessly comfortable by sensing your movements and automatically responding to both of you. and, it's temperature balancing to help you stay comfortable all night. it even tracks your circadian rhythm, so you know when you're at your best. in other words, it's the most energy-building, wellness-boosting, parent-powering, proven q