The future. Standing by first on fox business, republican bill roe. Hes the cosponsor of what is known as the epipen bill, also the chair of the republican doctors caucus. Hes with me live speak toking out for the first time speaking out for the first time about this breaking news. Mylans price hikes on the epipen and mylans ceo Heather Bresch. Its game on for Hillary Clinton and donald trump who just in the last 30 seconds finished his speech, both looking for home runs in swing states at this hour. This as billionaire carl icahn and mark cuban swing verbal bats on cavuto coast to coast. One on team trump, one on team clinton. Trump Campaign National spokesperson Katrina Pierson in her first reaction to mark cuban saying trump gives nothing more than, quote, headline porn with not much else underneath. Cant wait to hear what katrina says about that. Wait until you hear what icahn and trump are warning about with the markets. Im back, lets start the countdown. Liz all right. Lets get to that breaking news, and perhaps it was reallonly a matter of time considering one in fifty americans suffer from fatal allergies, but mylan, the only drug company with the patent to make the epipen which saves peoples lives has just been hit with a Class Action Lawsuit are. Heres what we know. An ohio woman has filed this proposed class action suit in an Ohio County Court claiming that sharp price hikes for the companys epipen device violated the states Consumer Protection law. Again, this is just ohio. But hours earlier new York Attorney general Eric Schneiderman announced hes launched an investigation into whether mylan violated antitrust laws to provide epipens to some school systems. Whats that about . Mylan reportedly told some schools that the only way they could qualify for a price discount was to not was to agree that they would not purchase any competitors to the epipen and their products over next 12 months. Epipen saying it, quote, dropped that requirement, but no word on when they did that. In the meantime, stock and this is an intraday picture. You can see first it spiked at the opening of the bell because people are coming back x there didnt seem to be any big news. You see the drop. Thats when schnide herman, right before noon, said he was going to launch an investigation, and then you saw it climb back out of that hole, and now its back down on news that at least one state has a class action suit that is being formulated right now. In just minutes weve got congressman dr. Phil roe of tennessee in a first on fox interview. Hes going to give first reaction to the breaking developments. He w one of the coauthors of the epipens many schools bill back in 2013, also a doctor. Let us get to politics. With 63 days left on the campaign trail, we are potentially in what were calling the eighth inning of this election cycle. Both candidates out on the trail in major swing states at this hour. Trump just finishing in virginia while hillary is in florida. Both of them taking jabs at each other every opportunity they get, and we should tell you just minutes ago donald trump hit clintons immigration plans to let in what he described as scores of refugees while also slamming the Iran Nuclear Deal and clintons involvement in that. Lets get to blake burman. Hes been looking at developments. These are pretty significant here on both sides. Reporter and this has been, liz, an interesting day on both sides because right now Hillary Clinton is in florida. This is the postlabor day push as both candidates will be in swing states all across the country over the next nineplus weeks until election day. The Clinton Campaign earlier today was out with a new ad called sacrifice in which they are trying to make the case that donald trump is not the right commander in chief to be in place more veterans. Of course, trump has made the case throughout his candidacy that he would be the one to fix whats going on at the veterans affairs. This new ad today tries to paint a completely different picture as to what trump would mean for veterans. The Clinton Campaign rolled that out this morning just hours ahead of a brand new poll from cnn that shows there could be a different kind of change in this race. Donald trump now up two over Hillary Clinton as it relates to likely voters, and that is key, likely voters. As we start getting closer to the election, as those get polled versus probable voters. Or registered voters, i should mean. With that, Hillary Clinton was asked on her Campaign Plane earlier this afternoon as she was heading down to florida what she thought about that poll, and she tried to make the case as most politicians always do when theyre down in polls, it seems that shes not looking at it and cha shes not going and that shes not going to change her course of action. Listen. As to the poll, i really pay no attention for polls. When theyre good for me, and there have been a lot of them recently, i dont pay attention. When theyre not so good, i dont pay attention. We are on a course that we are sticking with. Reporter by the way, liz, donald trump, he just wrapped up a town hall in virginia focusing, again, on foreign affairs, International Policy and the like. From virginia. He heads later tonight to the state of north carolina. Liz . Liz i know. Theyre moving around so quickly, its hard to keep track. [laughter] blake, thank you. Were keeping an eye on that moving target. Dont move a muscle. In just 20 minutes Trump Campaign spokesperson Katrina Pierson about to join us to respond to the latest blistering attacks from fellow billionaire and Hillary Clinton supporter mark cuban. It will be her first reaction to what unfolded on cavuto coast to coast between billionaire carl icahn and, of course, cuban. Icahn, a trump supporter, cuban, himselfs side. To the markets, we have this breaking news. If the fed or were to hold its meeting right now, you can forget about a rate hike. Look at this. In fact, its a moving target. Weve literally had to update this second by second. The odds of the Federal Reserve raising Interest Rates at its september meeting just plummeted from about 21 yesterday to 15 . Why . The data are coming in too weak or not strong enough. Right now all three major indices are actually heading higher. You know the market loves when the Central Banks put pillows down. With a handful of big names breaking out to new records, facebook and amazon hitting lifetime highs today, shares of ecommerce giant alibaba touching highest levels in more than a year. Its a very different picture for crude oil, barely moving after lackluster action from saudi arabia and russia. These two megapowers keep jawboning without any action. They supposedly signed an oil pact but then, yeah, stopped short of announcing any kind of output freeze. Folks, weve got too much supply, no move to cut it down. But lukewarm Oil Benchmarks aside, there is a megadeal heating up in the energy space. Embridge buying houstons specra energy for 28 billion, spectra skyrocketing. Enbridge is gaining at this moment, up 5. 5 , to both surging on the news. And adding to the tuesday merger mania, lets look at ge, snatching two european 3d Printing Companies for a combined 1. 4 billion. That looks like a smart deal because that momentum trade from two years ago on 3d printers kind of cooled down, so maybe these names have gotten cheaper. Finish shares jumping higher. Look at 3d printing systems, up 6 at any. 25 . Lets bring in the traders at the New York Stock Exchange be, cme group and the nymex. Scott redler, youve got all of that news plus carl icahn telling neil cavuto he just thinks anybody whos involved in this market and isnt nervous isnt paying attention. Are you nervous . I think weve been warned probably for the past three years [laughter] the to be nervous. I think its to be nervous if youre not in the market. Before you said four key stocks at historic highs. You have facebook, you have amazon, you have baba on the move, google strong. Everyone that bought these stocks on friday and before is in profits. Obviously, you want to trim and trail along the way, but thats healthy. No one points out the healthiness, and thas mibe why retail doesnt like the stocking market and theyre not involved, because everyone is warned every day to not be involved. Liz you know what . Why dont we look at some leaders and laggards as we continue on that vein, because people own some of these name, alan, and there is that fear both icahn and mark cuban expressed some concerns for different reasons. But, you know, i mean, i think that fear trade has not really worked, especially considering icahn has said there was going to be, i guess, a highyield bond disaster. He said that early in the summer, kind of waiting to see that. Do you see any signs of that at all . None. None whatsoever. Right now im worried about fear of missing out on more opportunity. Really its become a binary equation, like you talked about with dollar. The dollar not going up is going to be supportive of we see metals and minders today, oil stocks have also based out a bit, so i think those particular sectors that have lagged behind can get some boost, and that could give the market a leg up. But its mainly because the dollars declined, now back underneath 95 with really no chance of a rate hike here in september. Liz 1. 12 will buy a single euro. Elliott warren, arguably that trade is certainly affect whats going on in the oil world. But you and i have talked and well talk again, theyre supposed to meet both opec and nonopec members coming up in algeria, what, september 26th . What are they going to talk about, more jawboning . Theyre going to talk about a lot of things. I really agree with what that first speaker had to say because all ive heard is doom and gloom, and it just goes up or holds highs. And i really agree with him again on if the Energy Sector does rebound, it would put your dow over 20,000, but i do not see that happening, liz, because there is a glut of oil. They will talk about cutting production, but nobodys cutting production. I dont think they can actually afford to do that. Really, i think if there is sort of a builtin top around 50. Even if they do, you know, somehow manage to cut production, they would just all ramp it up as soon as theres a higher price in oil and knock it right back down again. Really, i think theyre selfdefeating, you know liz yeah. Give them enough rope, theyll hang themselves over and over. Scott, alan, elliot, well see you next time. Thank you so much. With the closing bell ringing in about 49 minutes, the dow up 25. Kind of staying right there. At the top of the list, chevron moving higher by 1. 37 followed by intel and verizon. Apple in the red as everyone is waiting to see what that iphone 7 might look like, down about 13 be pennies. Mylan had been up 1 earlier, it is now up about half a percent at the moment. Ceo Heather Bresch missing many action as the drug giant faces attacks on all fronts. New investigations and now, in the last hour, a Class Action Lawsuit piled on over its epipen price hikes. Coming up in a fox business first interview are, the republican congressman doctor who coauthored the original bill in 2013 that required epipens in schools. Hes here, hes speaking out for the first time. Tennessee republican phil roe. And knowing now that mylan jacked up the price by 600 , would representative roe still have floated the bill in its current form . What does he say congress should do now . And how do you say sweeten the bid in german . Bayer knows because it just did it in its effort to to swallow up the Worlds Largest seed company. Charlie gasparino on whether u. S. monsanto will finally say da, or yes. And enter the grinch whos about to steal christmas. Get ready to tell your kids that a bankrupt Korean Shipping Company, hanjin, is to blame . Were live at the port of long beach coming up. Dont move. There are two billion people who dont have access to basic banking, but that is changing. At temenos, with the microsoft cloud, we can enable a banker to travel to the most remote locations with nothing but a phone and a tablet. Everywhere where theres a phone, you have a bank. Now a person is able to start a business, and employ somebody for the first time. The microsoft cloud helped us to bring banking to ten Million People in just two years. Its transforming our world. Its scary when the lights go out. People get anxious and my office gets flooded with calls. So many things can go wrong. Its my worst nightmare. Every second that power is out, my citys at risk. Siemens digital grid manages and reroutes power, so service can be restored within seconds. Priority number one is keeping those lights on. It takes ingenuity to defeat the monsters that live in the dark. Liz 2 , thats how much bayer increased its bid for monsanto, a little bit of sprinkling in its bid for the chemical giant. So 127. 50 from 125. Will monsanto finally bite, charlie . I dont from what i understand, they are and they may bite on this, but from what i understand, part of the negotiations right now involves trying to up that bid, that they want it closer or maybe above 130. So thats where the negotiations are now. This deal, this is the way its described to me, to take it from what its worth. Im getting this from people close to the deal. Its not imminent, but it is in the final stages. Its do to die time. Theyre trying to get it higher than liz sure looks like bayers scraping the bottom of the barrel the if its only a 2 yeah, well, theyve got their issues with the board, and a lot of people say dont pay up in this environment because commodity prices, crop prices are down. On the other hand, they believe hon santo fits their monsanto fits their strategic vision. Theres two sides to it, i can just tell you what i hear from the people inside monsanto. The stock is starting to spike a little bit on what were saying here, that they want a higher bid. They want it in that closer to 130, maybe above. Well see what happens. I dont know if bayer has the money to do that. Still, dont look for this deal, from what i hear, not tomorrow, but were coming down the line. Liz monsantos now going down a little bit on our report liz on your report. Anyway liz you saw carl icahn, you heard him on cavuto welcome back, neil, by the way. He comes out and he breaks a great story. Lets play this. Remember, herb baa life, there was the big story that touted that carl was selling his entire herbalife shares. Bill ackman, his nemesis, basically saying that carl was selling it. Listen to what carl had to say today about that report. Ackman, first of all, went on tv and started talking about the fact that an investment banker had called him saying my stock was for sale or something to that effect. Neil right. You know, i never offer my stock to anyone. Plus the fact that you sort of violated a bit of a rule there where, you know, i get this all the time. I would never talk on the about bids i get more my stock. Liz well, you had come out on countdown to the closing bell and said youre hearing he wasnt selling stock, and since then hes bought more. Hes bought more. The company has told me hes still positive on the stock, he hasnt sold it yet. The way the story just proceeded was to bizarre. Usually on big block trades you dont hear about it before trade was done. You hear about it after liz when youve filed the appropriate sec right. And you dont want people front running. Liz do you think hell file a suit against bill ackman . You know, he was so vague. I dont know what youre going to sue liz well, possible legal action over the story. You cant speak for another intent investor. Independent investor. He was being obtuse on who he thought violated the rule. Was it ackman who theoretically we dont know, weve got calls in to him or was it the banker that allegedly told ackman about this, that carl was on the other side of the trade or, you know, or is that even i dont know if thats violative of the law. We do have calls in to ackman, a call into carl, we have a call in to jeff reese who was banker jeffreys who was the banker mentioned. Id have to have it on Great Authority liz can we see an intraday of herbalife . Yeah, we should. Theyre up a little bit from last i checked. Liz now, remember, the interview was around 12 30. Yeah. Heres the thing, you know, they were saying carl was selling based on ackman saying that. Okay . I got it, hes on the record, hes saying it, but carl was never quoted. He wasnt talking to anybody. And literally that night after all this stuff came out, i think it was a friday, he bought more. And then he bought more last week. So it was, they were on dangerous territory. Now, whether this is legal, illegal, i have no idea. But carl said rules. You know, heres where i think its different, theres a rule in the market, your word is your bond. We as journalists try to uncover it, but youre going to rarely does someone, ive never heard another investor go on tv and say liz what another guy is doing. And heres what the bid was because i got a taste from liz yeah, you cant do that. We shall see. Im not saying its illegal, its just odd. Liz charlie, thank you very much. In the meantime, with about 38 minutes before the closing bell is going to ring, youve heard of a make good . Well, how the heck do you make good after you accidentally blown an israeli satellite headed to space . Tesla figuring out how to answer that question with millions of dollars on the line. And nobody wants coal in their stocking come christmas. Robert gray is at the pot of long port of long beach to tell us what a bankrupt Korean Shipping Company could lead to holiday tears this december. Uhoh, the countdown to the closing bell coming right back. The dow up 24. Get ready to hear that one coming up. As a combination of see products. And customers. Every ontime arrival is backed by thousands of od employees,. Who make sure the millions of products we ship arrive without damages. Because od employees treat customer service. Like our most important delivery. Od. Helping the world keep promises. Liz we have got this news alert the fire is still not out from the spacex rocket explosion. Israels companys who satellite was destroyed in the blaze, demanding 50 million or a free flight from elon musk spacex, what looks to be a very expensive make good. No word from spacex how to plans to compensate the satellite maker or facebook who wanted to use the satellite to provide internet to africa. Like water off of a ducks back for tesla shares. Not getting harmed at all here. Back on earth does south korea have its own form of a grinch because one much its shipping companies in danger of stealing christmas. They filed for bankruptcy protection. They are being turned away from ports globally including long beach, where handjin putting up 19 million to help the troubled shipper will that be enough to get ships into support with all of that stuff that needs to be distributed by christmas . Robert gray standing by at port of long beach. How bad could this get, robert . Reporter liz, it could get really bad. You have obviously ships in him he bow around the globe. It could put a real crunch on retailers trying to stock up ahead of the holiday season. We are keeping a close eye as we heard from 90 milliondollar infusion plus cash that government kicks in. What causes all of this, if you look at the graphic, the baltic dry index tracks how much shippers are paid to ship commodities. It has fell to a threedecade low taking shippers with it. Look at guggenheim etf. This is a small etf. These publiclytraded ships companies are smaller than they were. Many others in the pink sheets, penny stocks. They bounced off the lows but historically low levels for both. To continue the discussion im joined by the chief commercial officer with the port of long beach. Noel thanks for joining us. Jump right into the 200 million infusion. That ballpark including what government kicks in as well as parent company. How quickly this could affect things . There are one ship offshore amongst the three coming into long beach and would be unloading goods behind us at their terminal . Thank you for having us. Were monitoring this around the clock to make sure were tracking all developments. Hand gin shipping took two important steps to pave the weigh ships on water to come it berth. One is they filed chapter 15 which provides the protection and allows to mitigate impacts of seizure. More importantly allows the ships to come to beater to have the cargo discharged. Other major step they announced they would be infusing and themselves and government, 180 million which would Fund Operations required to bring those ships to berth and have the containers discharged. To make the contents make their way to the store shelves. Port for the they would have installment plan to pay things down. Now people require cash up front. What happens if the goods are unloaded and money runs out . We have every confidence hanjin understands severity of their issues has caused. Were optimistic that 200 million infusion will allow them to Fund Operations. Every contain irdestined to the u. S. Will make our way into the supply chain and to the store shelves. Reporter i mentioned coming in, shipping companies, public ones are worth hundreds of millions of dollars. Well have to talk about that another time. Send it back to you in the studio. Liz unbelievable. Keep and eye on it, huge global story that may affect everybody watching right now. Robert gray, thank you very much. Were 20 mine minutes away from the closing bell. The dow gained another five points, making it up 30. 18,521 where we stand. Donald trump flying just a bit higher in new polls with 62 days to go until the election but another billionaire trying to knock him back down to earth. Mark cuban taking on donald trump on cavuto coast to coast. Weve got Trump Campaign spokesperson Katrina Pierson standing by with exclusive reaction to the businessmans harsh words. You have to stay with us to hear what he has to say. Here is what cuban say. The guy is master at headline porn. You want to deal with the headlines and not look what is underneath it. There is nobody better at it than him. But that is not the decisionmaking, that is not what i look for when it comes to deciding who i want to vote for, for president. announcer vo who says your desk phone always has to be at your desk . Now, with one talk from verizon. Hi, pete. Im glad you called. announcer vo all your phones can Work Together on one number. You can move calls between phones, so conversations can go where you go. Take your time. Im not going anywhere. announcer vo and when youre not available, one talk helps find the right person who is. Hi, john. announcer vo so wherever work takes you, you can put your customers first. Introducing one talk another way verizon connects your business better. Learn how at onetalk. Com. Across new york state, from long island to buffalo, from rochester to the hudson valley, from albany to utica, Creative Business incentives, infrastructure investment, university partnerships, and the lowest taxes in decades are creating a stronger economy and the right environment in new york state for business to thrive. Let us help grow your companys tomorrow today at business. Ny. Gov liz well, billionaire sounded off on our president ial nominees right here on fox business during neil cavutos return from his time away. Were so glad he is back but Dallas Mavericks owner mark cuban who recently as june would consider being Donald TrumpsVice President went off today on republican nominee to neil. He said if trump would become president the pain will be spread all the way to your pocketbook. In the event donald wins i have no doubt in my mind the market tanks. The one thing the markets hate is uncertainty and right now with donald there sun certainty. Liz well hear from carl icahn in just a moment, katrina, but Katrina Pierson is trump Campaign National spokesperson. This is your first opportunity to react to what mark cuban said. He said that the stock market, that is for our viewers, fox business network, they care about that kind of thing, he said that the markets would tank. Your reaction in donald trump were president . Well i think it is just the opposite. The markets are looking for certainty. Theyre looking for someone that can actually spur growth in the economy. We have had a two cycles now of economic downplay. The markets are being actually held up by zero percent Interest Rates. We have had little to know growth economically. Carl icahn said it best. We have a government at war with business and so i dont understand why supporting a third term of whats been happening is somehow good for the markets. We talk about the epa regulations and banking regulations where ceos cant even get loans to get workers more efficient equipment. This is a problem. Mr. Trump can fix that. Liz some people look at mark cuban, he is a pretty successful guy. He is a bill irthat. He is kind of selfmade. He has been able to make very good decisions in his life. He is the shark tank guy. He owns this big basketball team. He sold at the top during the dotcom bubble, making billions. Then investing it in the right way. You know, is there any validity to certain things that he says about knowing that the markets do like certainty, if you do look what the markets have done, you can blame it on the fed for putting in too much stimulus or giving credit to the fed, rather, but since president obama has become president , over those past eight years the market has done this, it has gone straight up. Well, look everyone has their opinion and mr. Cuban has every right to his but i will also say that carl icahn, who has been around a lot longer, has been in this game a lot longer than him, worth five times as much as mark cuban i think he knows exactly what is talking about. He knows mr. Trumps policies particularly on trade as well will help the market. Liz i will quote carl icahn who just minutes later had said, that he disagreed with mark cuban. He was actually quite polite bit. We were expecting these guys to start, you know, scratching each others eyeballs out but he in essence said Hillary Clinton is not doing what the markets would love to do when it comes to corporations, lower Corporate Tax rates. Allow companies to repatriate money a la apple they have parked oversees. That could come here put to work again. Would that be something, when donald trump becomes president is priority or looking immigration is priority, which some say his opinions on that matter confuse some voters . Well, i would say the economy is the priority. Mr. Trump is a businessman. One. Things that really helped him push his agenda forward, which really set him apart from the republicans other than immigration was the tpp, the transpacific partnership, which would take control over jobs and even wages to that point which is why you saw a lot of the labor organizations, a revolt against that concept. Mr. Trumps number one priority is the economy. If we get back on track economically, we can then solve the other problems our country is facing. Liz i need to quickly ask you, he did today get the support of 88 different generals who have come out saying we are for trump. This on the heels of others saying that they were for Hillary Clinton, but 88 is a significant number. However, even as he gains in the polls, the Electoral College map still favors Hillary Clinton and then you have texas, which is traditionally been a red state, you have the dallas morning news, katrina, saying it will not endorse donald trump or a republican nominee for the first time in 50 years because, quote, his ideas are so far from republicanism, that they have spawned a new description, quote, trumpism. There appears to be some headwind here from the dallas morning news. That traditionally is a paper that endorses republicans. Yes. Even in the state, more importantly, but look still a liberal newspaper. I will remind you, particularly on immigration, the statewide elected officials that we have this last cycle liz if it were a liberal newspaper, if it were a libnal newspaper, why has it always supported republicans. Because it is texas. Because it is texas and they like to make our incumbents in texas very happy. The state leaders we have right now who were just elected those were very much strong proponents of Immigration Reform and making sure we fight back against illegalses coming across the border the see that play out in the Texas Legislature and they all won handily in texas. Liz quatrain, thank you very much, as we watch, pretty significant with 88 generals coming out saying trump is the man. It was good day for the Trump Campaign. Liz thank you very much. Closing bell 18 minutes away. The mylan epipen outrageed rattles the nation is accelerating at this hour. Straight ahead well talk to a republican tennessee congressman who helped craft a bill that got the life saving drugs across the country. Boy, is he furious now with the company. Countdown coming right back. His first reaction to the classaction suit filed in the last hour 1 2. When it comes to healthcare, seconds can mean the difference between life and death. For partners in health, time is life. We have 18,000 people around the world. The microsoft cloud helps our entire staff stay connected and Work Together in real time to help those that need it. The ability to collaborate changes how we work. What we do together changes how we live. Wont replace the full value of your totaled new car. The guy says you picked the wrong insurance plan. No, i picked the wrong insurance company. With Liberty Mutual new car replacement™, you wont have to worry about replacing your car because youll get the full value back including depreciation. And if you have more than one Liberty Mutual policy, you qualify for a multipolicy discount, saving you money on your car and home coverage. Call for a free quote today. Liberty stands with you™. Liberty mutual insurance. Liz this is the developing story that we need to get to. The mylan epipen saga that has taken the nation by storm has only gotten worse. More bad news for mylan. In the past hour 1 2 the company has been hit with a classaction lawsuit over epipen price increases. The suit, we understand, was filed in an Ohio County Court today and this on top of the fact that earlier new York Attorney general Eric Schneiderman took out his sword and started slashing. He is launching an antitrust investigation into mylan over a possible monopoly at schools, just in time for back to the school season. You know schools are required by law to have epipens in there and mylans ceo, Heather Bresch, who said just a week 1 2 ago, im just as frustrated, really . Where is she now . Because she is apparently canceling all kinds of appearances at Different Health care conferences. The farm see ceo in defense mode while desperately trying to control the companys pr disaster after her company jacked up the price of life saving autoinjector epipen by 550 . As sticker shock intensifies and mylan attempts to quell public outrage with discounties on overpriced generics, my next guest bass the cosponsor in 2013 what became known as the epipens in schools bill. This helped push epipens into School Across u. S. To save children. Representative phil roe, also a doctor, republican doctors caucus live on capitol hill. First on fox business representative to react to the whole thing and breaking news. What do you think of the fact that mylan continued to raise the price on this over many, many years . Liz, it is unconscionable what theyre doing. A shame that it will get a lawsuit to get their attention. Steny hoyer, a whip on the Minority Side he has a relative a grandchild with food allergies. The Allergy Network came to us to make sure life saving medications are in schools, if a child has a reaction, the very year we talked about it a child died. This is preventable death. We passed a bill so epipens to be in school. To mylans credit they have given out 700,000 life saving autoinjectors. I carry one wherever i go, i get asked on airplane and whatever, is there a doctor here. I know this can one is out of date. It was bought about 100. Now the exact same thing was 500, 600. The ones with high deductible programs are forced to do without it or do with something else. Liz knowing now mylan drastically hiked the price of epipen time after time, twice every sippingfer year, up more than 30 each time over past couple years, knowing they had done this, how would you changed bill . Would you have signed it or crafted it the way it is now or would you have changed it . No, we would have kept the same out there. What we need out there, what mylan needs big time are competitors to drop this. Fda turned down two generic competitors in the past two months. We need competition out there, liz. Every time generic enters the market, when you have as many as four generic alternatives the price of the brandname drug tends to drop 80 . For example, lipitor, a drug that is used to low you are your cholesterol, which i take, it is at least 80 drop. Liz right. We need to do this, taking lipitor is not life and death. But for children, adults out there, look i had someone, my wife is a nurse and a young man was mowing our yard. Hornet stung him. He had anaphylactic reaction. Went out and gave him eppy negative friend and saved his life. I seen that happen over and over again eppy negative friend. If you look at ceos what their pays are. Liz what would you say to ceo Heather Bresch, who happens to be ceo joe manchins daughter, there are all kinds of questions whether political favors were being done here. Heavyduty, robust lobbying on behalf of mylan to make sure there were requirements that businesses not just schools had to have epipens. Suddenly the fda conveniently is unable to approve any kind of generic. Then Heather Bresch says, im as frustrated as anybody is . Not only was her, but her compensation tied to the benefits that came in financially from higher prices of epipen. What would you say . Well, i hope that scenario you just laid out is not true. I hope it is not. If it is, there should be an investigation of that. I think there will be here on capitol hill. I really do. When we get back, i dont think you can, american citizen, i looked around and looked at price of this drug in canada, france, germany, australia. All of them nowhere else has it done this. I think this is just pure unadulterated greed by this company. Liz what would you, what would you say right now . Because im looking at all that has happened. You have new York Attorney general Eric Schneiderman investigating there whether there was antitrust behavior . That issue has to do with the fact that schools were toll they would not get a discount on the epipen, or free epipens if they bought any competitor, not that there are competitors but there is something called the clip that they could have gotten their hands on. That sounds a little hamfisted on behalf of mylan, doesnt it . That sounds a little hamfisted and quite frankly what mylan needs is not one competitor, they need half a dozen competitors to behave like this. I think it is egregious behavior and certainly, i dont see how they can, hopefully they can be shamed into doing the right thing because there are people out there today who can not afford 600 for this. I can afford it but they can not afford that. They may have a child at home or a loved one who might die because of they cant afford it. This happens fast. As you well know, you have someone in your family has this. Liz i do. It is very fast, when this happens. You have just seconds. Liz seconds. To pull this out, put this injection in your leg to be eated. Thats it. Doctor, youre doing wonderful work. And as we say, we say that the mylan ceo is mia. We have put in multiple, multiple calls since the story broke. Heather bresch is welcome on this program. Any representative from mylan is welcome. We would love to be wrong just as you would love to be wrong on some of this. At the moment the stock price continues. Today slightly up but has plummeted doubledigit percentage as people still continue to want answers. Please join me again, congressman. I appreciate it. Thank you for having me on. Liz anytime. First on fox business congressman phil roe says it is egregious and shameful how mylan is behaving her. Six minutes to the closing bell. Traders done from vacation ready to schalk up their portfolios this hour. A look what theyre buying. Intel leading the dow but nike, nike is the stock to dump right now. Back in may at the salt conference, a woman in charge of nearly 3 million of assets at Charles Schwab warned that upcoming election would rattle markets. Liz ann sonders taking the pulse of investor worries as we look into the final stretch of the president ial race. Liz ann coming up next. Liz traders are back. September is traditionally a volatile month for the market but if youre looking for clues how your portfolio will move, you may want to follow the president ial polls. Charles schwab chief investment strategist Liz Ann Sonders gave us a clue back into the salt conference where you said it would cause volatility. You continue to see that with 6e been in not only election but fed going into september. The market gotten comfortable with the notion that fed had september on the table. We got only weak jobs report and weak ism and Manufacturing Services and there is still uncertainty there. As far as election i think it is important to note, not just unique aspect, leave it at that, the fact there is no incumbent running which if you look back in the history of elections with entity is not in the race. Liz what do you think people should do with their money at this point, liz ann . Should have a plan, you want to stay at your normal equity allocation. What i would say is, use volatility to tactically rebalance around that allocation. So weve had a particularly nice run this summer with very limited volatility. I would say if youre over your equity allocation you might want at that pare that back. [closing bell rings] any kind of ring do in the opposite direction. Liz well have you back with the fed meeting just days away. Liz ann sonders from Charles Schwab, thank you so much. The markets ending at 45 points to the upside for the dow. David and melissa. Melissa absolutely. Stocks staging a comeback. Major averages all ending the day higher. Im melissa francis. Hi, david. David hi. Im david asman. This is after the bell. Glad you could join us with big market movers. Here is what else we have for you at this hour. As we enter the homestretch the race for the presidency could not be tighter. Donald trump pulling slightly ahead of Hillary Clinton in a key poll with just 62 days until the election. Both candidates holding rallies today in key swing states as campaigns look dramatically different than from just a week ago