Sneakerhead Wardrobes, Washington’s Shakeup, & Taming the Wild West 11/18/22

In the wake of the midterms, a leadership shakeup in Washington: Nancy Pelosi will step aside from her leadership post, and Rep. Kevin McCarthy (R-CA) is likely to take her place as Speaker of the House. FTX’s fiasco has triggered a crypto meltdown, and the mistakes of its leadership have renewed urgency for regulation in the space. Former SEC enforcer Lisa Braganca explains how regulators can protect crypto investors from future collapses like this one. Plus, in the reign of Elon Musk, Twitter is undergoing major layoffs, and, a story for the sneakerheads! Foot Locker’s new CEO Mary Dillon discusses her company’s big quarter and the trends giving a new life to “sneaker wardrobes.” Have a long memory about corporate name changes like Joe Kernen? Check out this classic CNBC report on retail bankruptcies and how Venator became Foot Locker. In this episode: Lisa Braganca: @LisaBraganca Mary Dillon:@Footlocker Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Becky Quick @BeckyQuick Katie Kramer, @Kramer_Katie