10AM Hour: DoD’s Emil Michael on AI Fears, Fed Decision on Deck, C-Suite Warns about Fuel Prices 9/16/26
Squawk on the Street
- Published
- September 16, 2026
- Duration
- 42:33
- Summary source
- description
- Last updated
- Sep 16, 2026
Discusses anthropic, ai-regulation, investing.
Summary
The Defense Department’s Under Secretary for Research and Engineering and CTO, Emil Michael, joins Squawk on the Street as the AI pacing debate intensifies, with Anthropic CEO Dario Amodei doubling down at Dreamforce on the need for a slowdown. Michael leading the Pentagon’s decision to blacklist Anthropic earlier this year. Plus, it’s Fed decision day, w…
Fed decision day sparks debate over whether a rate hike is right or wrong, as AI safety concerns heat up, Intel surges on SK Hynix deal rumors, and surging fuel prices rattle truckers and railroads.
Key takeaways
- The Fed is expected to hike rates 25bps for the first time since July 2023, but a significant minority of economists argue the move is premature given that inflation is largely supply-shock driven (oil/tariffs) rather than demand-led overheating.
- Pentagon Undersecretary Emil Michael challenged Anthropic's AI pacing proposal as a coordinated lobbying effort by incumbents to concentrate AI governance power, while acknowledging the OpenAI rogue-agent incident exposed serious gaps in independent safety testing infrastructure.
- OpenAI is exploring a potential new funding round at a valuation of $1.2–1.5 trillion to create employee liquidity ahead of an anticipated 2026 IPO, though no formal decision has been made.
Why this matters
For B2B leaders, the convergence of a contested Fed rate hike cycle, escalating AI safety regulation battles, and record-valuation private AI fundraising rounds signals a macro and technology policy environment that will materially reshape capital costs, vendor risk, and competitive dynamics across every sector.
Entities
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10AM Hour: DoD’s Emil Michael on AI Fears, Fed Decision on Deck, C-Suite Warns about Fuel Prices 9/16/26
Squawk on the Street
September 16, 2026
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Show notes
The Defense Department’s Under Secretary for Research and Engineering and CTO, Emil Michael, joins Squawk on the Street as the AI pacing debate intensifies, with Anthropic CEO Dario Amodei doubling down at Dreamforce on the need for a slowdown. Michael leading the Pentagon’s decision to blacklist Anthropic earlier this year. Plus, it’s Fed decision day, with former Atlanta Fed President Dennis Lockhart discussing the outlook for rates. And one industry executive sounds the alarm over soaring fue
Themes
- anthropic
- ai-regulation
- investing