scott gottlieb is going to join us to break it down plus former secretary steven mnuchin on the strengththe economy, the fed's next move and latest investments in cyber security and whether he finally bought any bitcoin you're watching "squawk box" on cnbc >>> the biden administration unveiling a new road map for handling covid-19. it shifts the focus from responding to the pandemic to a new normal focus on managing this disease those goals include a vaccine program for children under 5 if authorized by the fda. a test to treat initiative that would allow people to get free anti-viral pills immediately after testing for covid, and new authorizations to speed up vaccines joining us now to talk now is dr. scott gottlieb and scott, we definitely are shifting to normal mode. things feel pretty good in most places of the country right now. what does this new plan do and do you think it is enough to be prepared for any variants that might come down the road? >> well, look, i think it's a very comprehensive vision how we deal with this as a sort of a constant menace. covid is not going to go aw

we actually had steven mnuchin out this morning on "squawk box" coming out and saying he supports that now on funding it looks like it's happening on its own. intel you mentioned and others are trying to build out factories here in the u.s. should we be adding subsidies and incentives for companies to be doing this? >> yes, it's necessary look, the demand for semi-conductors is through the roof globally. so these companies are going to build more facilities to make more chips we want them to build those facilities in the united states of america the reality is if we want them to be in america and not in malaysia or asia or taiwan or other places, we are going to have to work with the private sector to provide an incentive to make those investments in america. i want to be clear about this. when i mentioned intel as making a $20 billion investment, that is their money the vast majority of the money that will be invested in new semi-conductor facilities is private capital. we are going to provide a relatively small amount of private capital to un -- excuse me -- public capital to unlike

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