Betting on Barbie with Mattel CEO & A Congressional Stock Ban with Sens. Hawley & Gillibrand 7/27/23

It’s Barbie’s world and we’re just living in it. Mattel CEO Ynon Kreiz emphasizes the power of the brand, the doll, and the movie-prompted cultural phenomenon. Kreiz discusses the company’s quarterly results and the connection between $162 million at the box office and Mattel’s bottom line. In a bipartisan push, Sen. Kirsten Gillibrand (D-N.Y.) and Sen. Josh Hawley (R-Mo.) is aiming to ban Congressional stock trading. The unlikely duo discusses why a ban is necessary and simple, and why exceptions for blind trusts just muddy the problem. Plus, something for investors to chew on: Comcast , Meta , Chipotle , and others have reported quarterly financials, and the Federal Reserve has hiked interest rates again . In this episode: Ynon Kreiz, @Mattel Sen. Kirsten Gillibrand, @SenGillibrand Andrew Ross Sorkin, @andrewrsorkin Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Cameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.