President-Elect Joe Biden has unveiled his $1.9T Covid relief package, and his newly appointed Council of Economic Advisers Member Jared Bernstein makes the case for the proposal and discusses the pandemic’s “dual shock” to the American financial system. The New York Times media columnist Ben Smith joins OZY Media CEO Carlos Watson to examine what comes next for big tech as Silicon Valley giants grapple with protections for users and for free speech. Plus, 2021 is only 2 weeks old, but it already has IPO fever. The Squawk Box anchors unpack the biggest listings so far, and the speedbumps that may lie ahead for investors eager to jump in while the deals are flowing.