Transcripts For FBC Mornings With Maria Bartiromo 20170607

Trade to closer look at the Public Private partnerships. And then, the latest polling data exchanges in ohio may need some counties in this table have 00 marketplace options next year. No coverage. The president will meet with victims when he visits the state later today. Terrorism in tehran. As this claiming responsibility this morning preparing attacks in irans capital. Targeting parliament in iran in the shrine to the Ayatollah Khomeini. It looks like on the geopolitical event seems to be impacted investors. The election in the u. K. The European Central Bank Decision tomorrow and the testimony of fbi director jim comey to the committee. Dow industrials down about 11 points. Nasdaq composite up three points. Similar situation. The cac quarante is the best performer up almost one sixth of the percent and the day yesterday. The best performer shanghai f1 and a quarter of the made in that. Gruber takes action after his harassment probe. Fire 20 employees and will make other place between workplace changes as well. One mcdonalds franchisee, Corporate Staffing in to take down the billboard after the billboard went viral. A couple of months ago the Cincinnati Red Scooter Gennett is making a name for himself. All those names coming out. Dagen mcdowell, kevin kelly and the president of miscreants give partners partners lee carter is here. Great to see you. Good morning. Good morning to you weve got a loaded week of the markets because you see volatility levels go a threeweek highs albeit historically low. Starting to take effect. Yield on the tender closed for the year so far so there is worry there as well. I also want to ask a question, will President Trump live to eat the testimony . You seen all of these events to see whats going to happen. Everybody wants to know. The question is whos got plans to do a speech during it, but is he going to spend all of his time tweeting . Hes going to control the story. Maria everybody wants to know what jim comey affair. Dagen he will start my review some of the things the president has said publicly. The big question is how effective is comey and is the embarrassing to the president. Maria a lot of the docket this morning. Wilbur ross joining us this morning along with a member of the Armed Services with mike rounds with us. The House Majority leader and california congressman Kevin Mccarthy walker timeline. A meeting with the president yesterday. Ceo Caesars Entertainment mark thesaurus with us. Plus the ceo of express scripts is that does come at what worse. Stay with us. This guy was President Trump and his infrastructure plan on the road. Set to discuss his 1 trillion infrastructure plan to overhaul rose covered bridges, waterways. The plan would rely heavily on Publicprivate Partnerships while the white house has yet to detail specifics, the administration is funding improvements at 200 billion in tax breaks over nine years that would generate the administrations approach yesterday. They are putting people back to work fixing those roads and bridges that allow our economy to thrive in grow. The president approaches this is this is that of the businessmen in the Publicprivate Partnership to back those dollars and put people back to work and not just transfer federal dollars to state dollars bush doesnt have the same Economic Impact of engaging the rudeness. Maria i sat down with transportation secretary elaine chao last month where we had at that time. There has to be a more creative, and more innovative way to ensure the resources we need to rebuild our infrastructure. One of the ways to do that is through the Public Private partnership to use federal funding up to 200 billion of leverage that spacebar monies can comment and have resources we need to build and repair the infrastructure. Trade to the way this breaks down will be interesting. What he think about this in terms of the banks, Financial Services . The banks seem to be on the winning ad does get a the idea to really five minutes. She hit the nail on the head with the government does need to be more creative. The probably have talking about this private Public Partnerships is that not all of these projects are going to be profitable. But they need to do and focus on their sound that not more. Is they wi put them together and take a lot of time. Back in march, the American Society of civil engineers. 4. 6 trillion needs to be updated. So if you can spread the risk across, we could get some. True to my say those numbers are inflated because its in their own interests. The wall street journal has a great analysis today is the issue is not is the money they are the private dirt. A record amount of money is raised and Infrastructure Fund last year globally with 59 billion was committed to Infrastructure Fund. The question is theres a dearth of projects that a lot of these investors because of the permitting hurdles, the timeline and the lack of profitability they dont want to get in bed with these projects are with the government. There is one project that the wall street journal notes that blackstone has spent is six years secured the permit to bury electric transmission lines from quebec to new york city. Just six years to get the permits to do that. Its going to be a great deal of good to get that up and running. Maria talking about 200 billion of tax breaks. Is that going to be enough to pay for it . The 200 billion on the Government Spending side and they expect to get to the 1 trillion 200 billion is to help and advice on state municipalide. They dont have that knowledge to do some of the deals. Thats the issue. It cant be done because of a certain is important to note is out talking to people where he does so well that is reframing the conversation or 10 to two. Hes going to tie this back to jobs coming economy and thinks people want to hear about. Dagen also here at a revival of raising the federal gas tax. That is actually happening in washington because the gas tax money coming in hasnt been raised since the mid90s and the gas tax has not kept up with inflation, the cost of her. Our road is our cars use less fuel because they are more fuelefficient. Trade to let that Kevin Mccarthy about. Charles krauthammer longer than i have. In ohio, and the pulling of the States Obamacare marketplace with 20 counties in the state without a single insurance come be willing to sell a player for 2018. Listen to this. The last statewide insurer in the state of ohio is leaving. They dont have any insurance. That means another 20 counties in the state of ohio will have no Health Care Plan. If congress doesnt act to save americans from this democrat in the foot date catastrophe, dexter is only going to get worse. Dont know how to get worse than 203 of democrats will find a way. Trade do he will meet with the obamacare of it is today. Is this going to drive lawmakers to come together to get the Health Care Plan across the line, the finish line . You would really hope so. The way donald trump is framing it will not motivate people on the left to get on board at all. I think what needs to happen right now is just like the last time, we cant change the conversation. What he needs to do is talk about this is that working. Talk about the benefits of the plan is whats going to happen. You hear nancy pelosi and democrats in good blaming the Trump Administration for these insurers now leaving. There is a bit truth to that and what they look like the year after that that even if they were already waiting at but the collapse of obamacare, this is speeded up the decisionmaking. As democrats can step back, do nothing and they can message because the republicans quite frankly on this. Maria you said that a long time ago. They will vote it real quick. Truth or you could talk about obamacare. This is a republican note debacle if they dont is makes it. They tie this to taxes so that gaves wi. 23 Million People want tax breaks for the rich. It is a shared this administration typos to together they wanted to say that trillion dollars by redoing the obamacare taxes. We needed to do health care for us because of that. Peoples health care should have nothing to do with taxes. Maria well take a quick break. Rickey broussard of tehran. Isis now taking responsibility for a pair of irans capital. The latest on the developing story this morning. Mcdonalds billboard has gone viral for all of a lot of reasons. Attempted to use humor to sell breakfast burritos. Corporate is not laughing. We will be back in a minute. Is think again. This is the new new york. We are building new airports all across the state. New roads and bridges. New mass transit. New business friendly environment. New lower taxes. And new University Partnerships to grow the businesses of tomorrow today. Learn more at esd. Ny. Gov i even accept i have a higher risk of stroke due to afib, i accept i take easier trails than i used to. A type of irregular heartbeat not caused by a heart valve problem. But no matter what path i take, i go for my best. So if theres Something Better than warfarin, ill go for that too. Eliquis. Eliquis reduced the risk of stroke better than warfarin, plus had less major bleeding than warfarin. Eliquis had both. Dont stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. Eliquis can cause serious and in rare cases fatal bleeding. Dont take eliquis if you have an artificial heart valve or abnormal bleeding. While taking eliquis, you may bruise more easily. And it may take longer than usual for any bleeding to stop. Seek immediate medical care for sudden signs of bleeding, like unusual bruising. Eliquis may increase your bleeding risk if you take certain medicines. Tell your doctor about all planned medical or dental procedures. Im still going for my best. And for eliquis. Ask your doctor about eliquis. Maria breaking news out of iran. A suspended responsibility for attacking tehran. Gunmen opened fire at the Arabian Parliament while attackers included a suicide bomber targeted the shrine to the ayatollah. Shouldnt the parliament is underway while a Security Guard was killed. Several others injured in the attack at the shrine pitch in and is a senior fellow Lieutenant Colonel tony sceffer. Goodo see you. Thanks for joining us. When i first saw the story, my question was i dont get it. But as his target iran . Ices is from the sunni side. The arabs are the ones who have been supporting behind the scenes of this qatar saudi arabia grant is isis has been secretly funded by a number of arab countries. You have to remember, i ran this person and she. The isis group pays as much as anyone else because they dont believe in the sunni and wahhaby are targeted. If you recall we have a radiant militias us in iraq, and syria now, too. This is a logical, if you will not display suffered by isis to go after additional targets. This is within the context of the isis charter. Maria implications here . The implications are huge. The fact you have a police state in iran being hit in the middle, iran is the largest state sponsor. Here they are being attacked themselves. The second thing notable is not distinctive is currently a suicide bomber was used in attack again Ayatollah Khomeinis mausoleum. They are using a female bomber so this could be a huge change in their operational techniques as well. More importantly, this will force the arabian to expand their effort against isis as bizarre as this is, we will be working with the iranian to the region are readily. Will that be mostly focused on iraq and afghanistan or will we expand out elsewhere . Starting to see it will spread more and more. The problem is that what point do we stop. The afghan issue. Their region of afghanistan is well controlled and they will to prevent isis for a move in on western part of afghanistan. The other areas you mentioned, the arabian militias have been one of the more effect decided services. With that said, the fear as they move that will take control of the region that is sent me the kurds are also worried about. The enemy of my enemy is my friend. In this case talking about using the iranian as part of the iraq effort especially in syria as well. I want to move onto qatar because this is an incredible story. Sean spicer was pressed on President Trumps response to the escalating tensions in the middle east after several arab countries cut their ties. That kind of talk about the implications here. There has been tension among qatar for quite some time through diplomatic channels. The United States continues to be a close communication to resolve the issues that restore cooperation with Regional Security tear. There is note that his message of toughness on terror finance is being heated by countries in the region. The u. S. Still wants this issue be escalated and resolved immediately. Countries cutting ties with qatar because of qatars support of terrorism. What do you believe to be the catalyst for this to happen . A lot of people do are understood they were supporting terrorism terms of relationship. At hpened just recently that triggered this . I was asked to capitol hill yesterday. The answer i gave them, ill give you. There may be a real grass behind the scenes between the saudis and other groups. President trump into saudi arabia. We have a 28 pages that the saudi arabia government was supported of the 9 11 terrorists. This may be a bellwether change we are hoping for. Is maria we have our military base there. Thats the issue we have to deal with this qatar has the biggest Central Command base forward and we have to deal with that. Something we have to deal with very carefully and gingerly. Maria well see if the president talks about that. Good to see you. We will be right back. Drink two welcome back. General motors is responding had rejected a proposal to divide shares as an activist was pushing has been pushing for some time. Cheryl casone with the details. Maria good morning pgm shareholder showing patience and chief executive Hedge Fund Manager to split the stock into two classes. 90 of investors rejected the plan that calls for dividend had another with additional earnings to investors who General Motors stock has declined 10 in the past three years. She is not adoring cheers undervalued stock which are maintained at 33 level price back in 2010 in the wake of the Auto Industry prices. The market value sitting 51. 8 trillion. Mcdonalds in new mexico receiving backlash for putting up this billboard. The fast food chain making a joke about marijuana to sell doritos. Seems to make sense. The reader reads usually when you wrote something this good its illegal. According to the corporation, the billboard is coming down because it does not meet standards. It has reportedly been well received by the low close but mcdonalds has decided to pull it anyway. It was an historic for Cincinnati Reds second baseman gennett. Crush four home runs against the cardinals within Major League Record in a game. He joined 16 other players have done the same thing in history. Beginning tonight with 38 career homers in season five. Five seasons. Since been picked late in spring training, he finished the night with 10 rbis. This kid was unemployed two months ago. Didnt have a job. Now hes a legend in baseball. Baseball is so hard. This is really historic. To do this in the age of postped is that all the guys were knocking him out to do some they might face is exciting. There is Nothing Better to me. Thats what sports are all about. Dagen until they get eric had come again caught on video s they go their head and act like a. They all do. All of them almost. Maria but well take a break. Coming up, the u. S. And mexico strike an agreement on sugar. American producers are not planning just yet. Wilbur ross is with us. He will play in next. Heidi clue, the supermodel teams up with a grocery chain to decide a high line fashion line. We will have the details coming up next. Stay with us. Will you be ready when the moment turns romantic . Cialis for daily use treats ed and the urinary symptoms of bph. Tell your doctor about your medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain, or adempas® for pulmonary hypertension, as this may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have a sudden decrease or loss of hearing or vision, or an allergic reaction, stop taking cialis and get medical help right away. Ask your doctor about cialis. Gentleman welcome back good wednesday morning. Thanks so much for joining us. Ima massive. It is wednesday, june 7, your top stories right now 6 30 a. M. East coast the white house tackles trade, the u. S. Mexico have agreed to a landmark deal on sugar production avoiding a pontial trade war could set the stage for new negotiations, something President Trump has been pushing for. See if we can make it a fair deal it has been a horrible deal for the United States has been very good for canada it has been very good for mexico, but it has been horrible for the United States. Maria coming up i will speak with commerce secretary wilbur ross a key negotiating that is next markets on edge a bit investors waiting on tomorrows british vote European Central Bank Decision jim comeys testimony markets reversed course gains across the board, it is fractional but dow industrials now up 4 points nasdaq up 6 points, yesterday, felt like about markets starting to take notice of the geopolitical events for the first time in a long time, perhaps not so we will be watching marks this morning, european markets little changed a bank deal to report in spain, acquiring, saving bank from collapse will look to raise nearly 8 billion dollars to cover cost of bolstering the Balance Sheet, the deal is looking pretty good for banks the banks are among the stronger points also european markets reversing course showing gains right now cac quarante ep almost 1 in paris asia overnight best performer in China Shanghai composite up 1 and quarterly percent on main index terrorism strikes in europe he French Police opened fire a student shouting this is for syria, attacks officer with a hammer outside Notre Dame Cathedral in paris very latest attack that has the region on high alert once again this morning, in france. A masse shakeup uber to report the Ridesharing Company fires at least 20 people, about those as part of a harassment probe sears to disclose 70 more stores future coming up stock down to 6. 615 share, down eyeing gaming a mobile video game business working on a new game based on megahit movie avatar we break about that down this morning super markets one store hopes heidi klum with an help back customers top story this half hour u. S. Mexico, strike a landmark deal on sugar production, preventing a potential trade trade war mexico would cut exports of refind sugar, sand ensure sugary not below cost across the border would sfwlee. Measures accept penalties for violations u. S. Producers have refused to endorse this deal pushing for even more concessions from mexico joining is customers secretary wilbur ross seening ross second ross good to see you put in context with overall negotiations plans to redo nafta why did you need to do this sugar deal now in order to clear the path for the nafta redo. Well, it wasnt that it was necessary to do the deal but it was certainly desirable. Reason being this has been a very nettlesome aggravating factor for quite some little while we thought it was a very good idea to try to get it out of the way so that we could get on with the much bigger parts of nafta that need changing. Maria and, of course, the Sugar Producers want more, they want more concessions from mexico, how are you going to win over the American Companies the Sugar Producers . Well, we basically gave them the vast bulk of everything that they had asked for we are now down to in their minds a technical issue and that is in the event that the department of agriculture forecaster sugar needs are wrong turns out much more needs to be brought in exactly what are the circumstances under wisconsin mexican sugar could come in what is the amount of purity, all that kind of sort of inside baseball or in this case inside sugar detail. Maria look obviously people want to see the u. S. Prisoner protected, they want to make sure, that this is there is going to be supply to customers consumers the concerns cost passed to consumers if price of sugar goes up what are you doing to ensure that doesnt happen how worried should we be that we are about to see a spike . Well, i dont think this deal should result in a great big spike. Because the difference in pricing under the old 2014 agreement the base price for raw sugar was 22 and half cents now goes to 23 cents. Im sorry it was 22 and a quarter cents now goes to 23. The price of refined is going up. It had been a price of 26 cents a pound. Now that will go to 28 cents a pound. So there are those smallish changes but i dont think that is really the major part transaction the major part that is there will be a much higher percentage of raw sugar available to the United States refineers and, therefore, they will be able to do better because they will make what now is roughly a nicl refining margin rather than it become refind in mexico, or rather than having a particular particular sugar relatively unique to mexico coming in in substitution for refind sugar. Maria so you see that margin a positive that Sugar Producers should see this is really the story of this deal. The margin, and also a higher percentage of raw sugar coming in, because that is what will determine when country gets the refining margin. And under old arrangement there was only going to be 43 percent raw sugar coming in. Now it is 70 so there will be much more sugar for the american firms to refine. Maria i see, secretary let me ask you reforming nafta what are priorities as as to how far you are into it at this point . In terms of about negotiations were not yet permitted to be in very far because under the rules of the trade promising authority the socalled fast track, there is a certain process that needs to be followed. In the key ingredient to that is the socalled 90 day letter which we sent to the congress in mid may so mid august is when negotiations can go into the next phase. In 30 days before the mid of august namely mid july we have to discussith the congressional committees a much more precise set of negotiations principles than we had discussed with them so far. Is there one overriding principle that you want to make sure is present in any redo of nafta . Well, there are a couple of components to it. Nafta is an ancient agreement the first of the big trade agreements that the u. S. Made, and, therefore, it is a bit obsolete doesnt address digit economy at all in fact there wasnt a Digital Economy back then didnt a address very much about services, especially not about Financial Services, and as you know, Services Part of our economy both if domesticly in terms of exports have become very, very important, it also didnt talk about Natural Resources mexico has opened up quite a bit the exportation of its oil and gas reserves so there are a lot of chapter headings that really werent even present in a meaningful way in the old agreement. Maria i see. Then there are parts of it that with the passage of time, and the change in technology became obsolete, for example, in automotive have to limited the percentage content in a car that could come from outside nafta and, yet, the accorded the favorable tariff agreement under nafta. Well many of those parts are no longer used in automobiles so that was not in now day terms a very useful provision so that needs to be changed, then there is another whole layer ofhings. Mexico had been a parent in the transpacific partnership. And while that never came to pass, alarmlargely because u. S. Withdraw there were concessions that mexico had made in that agreement and those should become a basis for Going Forward with the new one there is a lot to do several thousandpage document. We look forward to more clarity this he summer after 30day period let me ask you real quick wilbur in terms of the infrastructure plan the president going to ohio today do you expect an infrastructure plan this year we are talking about Health Care Reform tax reform the president kicking off infrastructure conversation do you think that happens in 17 . Infrastructure is a continuum, some parts of it will start in 2017, but not to take any thunder away from what he will be unveiling but there are a lot of complicated things that need have to be fixed in infrastructure and the president in his team will fix them, one thing that takes too long to get permits, it can of an take 8 years 10 years to get permits to goh to do an from your project he is determined to reduce that time period considerably, case anything you can do to shorten that time period will pull forward the infrastructure expenditures are there infrastrture positive effect on our economy. Maria that makes a lot of sense you mentioned that sometimes things can take 10, 15 years just 20 get permit from idea to execution 15, 20 years hared to get a private Company Involved interested in Something Like that when they know not going to happen a o long time secretary good to see you. Thank you so much. Thanks mar. Maria we will see you soon wilbur ross joining us heidi klum working with Discount Grocery chain to produce high end fashion her latest venture coming up usher, fires dozens of employees is this enough . Back in a minute. Hey, to rediscover, hey sister, do you still believe in ostriches dont really stick their heads in the sand. A peanut is not a nut. And a real john deere is actually real affordable. You learn something new every day. The surprisingly affordable john deere e series tractors. Now you can own americas tractor for just 99 dollars a month. Learn more at your john deere dealer. Wentworth. Maria well back markets look being higher take a look we have hadolatility justn e last 20 minutes or so markets are up, but fractionally nasdaq up 4 points yogsios up 3 points earlier, negative, couple names watching this morning, macys one to watch the stock is down 6year low yesterday retailer warned Gross Margins would be weaker than expected kept guidance same stock up 1 after that selloff yesterday, dave and us aboutter shares tumbling 3 1 2 yesterday samestore sales missed expectations reported record report net income record high search new Stores Opened in addition to five others under construction up 64 in the last year police arresting a man in connection request saturdays he terrorist Facebook Cheryl casone with latest on the latest in terrorist attack. Cheryl out of london this morning good morning authorities saying the 30yearold man was arrested today, on suspicion of quote Commission Preparation or instigation of terrorist acts this comes as police raids continue after three terrorists ran a van on London Bridge stabbed 7 saturday evening, in france, weve got imagines a hammer wielding student attacking Police Officers at Notre Dame Cathedral shouted quote this is for syria, attacked officers yesterday, that man was shot wounded by police, because firemench police can carry guns at home sears reportedly closing more stores to survive not xhoementing but reports say closing 6 more stores will include 459 kmart stores 17 series stores, most closing by september, bringing number to 180 stores that sears shut down shares down more than 49 the past year. Well 21 the Parent Company Fox Business Network is getting into the mobile video game business, the company is buying the game studio aftershock, and working on a aadepartmentalizetation of avatar part of a unit created by fox nex focusing on video games august meanted reality pretty fun 21st century fox shares down stock down nearly 2 so far this year, german super model heidi klum bringing apparel line to the Supermarket Chain selling in factions in little o stores in germany opened first u. S. Stores this month june 15, on web site says her clothing line will be available, i guess makes all sense together maria but clothing super markets i dont know that is new. Maria that is something you would think of as a combination. Cheryl . How joe fresh got start supermarkets . Have canada. Dagen if you can by sushi in supermarkets i wondered who eats that is incredible. Dagen like a sushi counter, under Rockefeller Center drugstore sushi. [laughter]. Maria next upper tells dozens of workers hit the road the giant has fired employees amid a harassment investigation we check it out next stay with us. Think again. This is the new new york. We are building new airports all across the state. New roads and bridges. New mass transit. New business friendly environment. New lower taxes. And new University Partnerships to grow the businesses of tomorrow today. Learn more at esd. Ny. Gov whatever it takes, wherever i have to go. Im beating this. Breast Cancer Treatment is continuing to evolve. Ctca is definitely on the cusp of those changes. We really focus on taking the time with each individual patient so they can choose the treatment appropriate fothem. I empower women with choices. Its not just pickg a surgn. Its picking the care team, and feeling secure where you are. Visit cancercenter. Com breast Appointments Available now. Maria welcome back i he midst of skanldz uber confirmed that it is now fired 20 employees if the midst of a Sexual Harassment investigation Tracee Carrasco on it. Harassment discrimination some reasons 20 Administration Lower level workers fired from uber as a result of ongoing investigation. Perkins couey conducting review looking at 215 complaints, 100 tossed out 57 still under review 31 employees are in counseling or training, uber has been under pressure to address Corporate Culture Software Engineer wrote a blog post accusing managers goirg complaints of discrimination. It shows that the culture is not being ing managed properly they dont have the proper policies in place for he prevention of these kinds of things, 20 people fired immediately, for he Sexual Harassment a freeforall environ. Uber hired officer ran Global Consumer marketing apple music itunes one of many in a laundry list of bad pr for uber last week Company Posted a 708milliondollar loss in the most recent quarter, uber said it owes new york city drivers tens of millions in rundz after accounting error a ceo yelling at drier i reached out for a statement, they didnt have any further comment about these firings. You just mentioned a couple controversies around uber one biggest thing that is going to be impediment for them their lawsuit right now with the wireless the driverless version of google so that is a big thing talking about stealing trade secrets another thing when is he going to be ousted one thing after another after another, you cant have confidence in this management. He is founder, right, still in charge of it but was actually, accused of implementing spying on journalists as well, so i mean this is this is something that there is something a private company . He doesnt need biggest shareholders in the world going to shaning it want to invest in companies that have effect change especially corporate board. There is growing competition that else poured money into they have a real reputation problem, among particularly millennials younger people people in the Tech Industry dont use uber. They dont trust it. I dont use. You use lyft, and juno in new york city. Drivers are not happy i did that story a few weeks ago about being oied that money not happy with uber. Uber takes a lot of their money. They do. A third of at the money, right, and theyve been pushing to keep more fare. In china recently a monster protest for jury as k park, how much obama expects to you pay for that hoodie we will tell you what do you think send a tweet mornings with maria next back in a minute. Keep it keep it there, keep it there keep it there Liberty Mutual stood with me when this guy got a flat tire in the middle of the night. Hold on dad. Liberty did what . 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Good wednesday morning thanks so much for joining us. Im Maria Bartiromo it is wednesday, june 7 your top stories right now, 7 00 a. M. On the east coast, the Intelligence Community in focus attorney general Jeff Sessions offered resignation to the President Trump not accepted former fbi director jim comey reported approached sessions what said concerns are at risk of becoming a distraction for the administration, and senator Lindsey Graham had a warning for the president. I dont know but he should Jeff Sessions is a good man had to recuse himself i am know you are not a lawyer there was no way Jeff Sessions could pride he presided over this investigation you need to listen to lawyers every time you tweet makes it harder on all of us trying to help you. Dont get in the way of investigation that could actually clear you. Maria a chooseer look terrorism in tehran isis claim responsibility for terrorist attacks in the capital of iran targeting parliament and shrine to Ayatollah Khomeini voters head to polls in uk tomorrow for the parliamentary election how terrorist attacks there will affect the Voter Sentiment we take you live to london coming up markets flatlining this morning, very close to where they ended the day yeerdain addition to the british vote and jim comey testony investors are waiting on European Central bank we will here from mario draghi a decision on Interest Rates and stimulus, in europe, futures, are fractionally better on session dow industrials exactly where it closed yesterday, s p 500, nasdaq fractionally higher in Europe Markets are a little changed as well in spain, santander is acquiring Banco Popular, saving bank from a collapse san tandzer to raise nearly 8 billion dollars to cover cost of bolstering Banco Popular Balance Sheet markets up dax next up a quarter of a percent cac quarante in paris up almost 1 asia overnight mixed performance china best shanghai composite up one and a quarter percent as you see, dish ebb necks forced to pay up company will pay customers nearly 300 Million Dollars, over robocalls, we tell you about the dish story and walmart offering a new way to grocery shop how giant is testing vending machines, a high fashion sweatshirt . Eyepopping price tag a Jurassic Park hoodie made by dolce gabana. And joining me to talk about it fox business neck Dagen Mcdowell recon capital kevin kelley pet, lee carter is here. Great to see you lets talk about. Tomorrow the rest of the week today and not only even just politics but you have finance mario draghi tomorrow going to talk about decisions on their Interest Rate policy for the ecb that is going to be driving markets as well. Maria . Easy money in europe that is continuing. Investors pouring money there. Dagen people here cant get it together people who policy cannot get business together do something. Two weeks the question contract always tells you that two weeks two more weeks. They have 43 days, now 42 days, in terms of working days in congress to get a lot of stuff done. For 2017, that is striking this is only 42 days left. Between all of them we will talk about that this morning big Broader Market ahead coming up this morning joining the conversation folks news senior judicial analyst judge Andrew Napolitano here Kevin Mccarthy here mark is ifora is with us wentworth joins us a big program we kick off this hour with top story, attorney general Jeff Sessions reportedly suggesting he should resign amid rising tensions with President Trump tensions reportedly escalating recently since soegs recused of himself from the investigation into russia alleged meddling in election, the president allegedly turning down the offer of resignation from Sessions Press Secretary Sean Spicer visibly flustered when asked about the situation watch. How would you describe the president s level of confidence in the the orange Jeff Sessions. I have not had discussion with him about that. There was a development i am asking if i am answering a question which is i have not had that discussion with him. Confidence as attorney general . I said i have not had a discussion with him on the question, i dont if i havent had a discussion with him about a subjeci nnot speak about it. This as New York Times report jim comey asked attorney general Jeff Sessions to keep him from being alone with the president dont leave me alone with President Trump, comey allegedly said private intaksz with president inappropriate, joining us now south dakota senator rick rounds good to see you thanks so much for joining us. Appreciate the opportunity to visit. Tell us about this what do you make of these developments. Jeff sessions is a man of integrity. If he felt the need to step in and suggest that would resign, he did it for the right reasons because i have utmost faith in Jeff Sessions. Should he have recused of himself on you been russia investigation. No question that was right thing to do. If he felt any type of conflict he did right thing one of the things we all respected with jeff when a United States senator was he was always trying to do right thing and still is. So Top National Security officials set to testify before the Senate Committee this morning, they are likely to discuss the firing of jim comey, as he will testify tofrm regarding the claims, that the president asked him to back off investigating general flynn, the trump family responded to this listen to this would like to get your reaction, sir. He has ahead of testimony i wish him luck thank you, everybody. I have never seen hatred like this to me not even people, it is so, so sad morality gone, moral thrown out window we deserve so much better than this as a country. What do you think what are you expecting from committee testimony. The facts that is what we are looking for the facts. That is what these are all about we said from day one going to follow the facts all the way through, and that is exactly what the American People expect from these Intelligence Committees the house and senate, that is what you are seeing, they are following through on the issues they are going to get to the bottom of it, and you know right now as you have heard time and time again there is no evidence of collusion any place, but that doesnt mean stop an investigation, it means you do exactly what you are told the American People you would do, you follow through, ask you the questions, and you to will the lead, that is exactly what these what the Intelligence Committee is doing what we expected them to do. Senator he kevin kelly i am glad you reach out to consistency often and up of coffee and conversation with them. E of the things that constituents you know, for i have with my senators is that they dont want to redo the filibuster or attack it in any which way i am hearing from representatives saying listen we need if senate to do something it is hurting the agenda agenda cant be done Mitch Mcconnell said not one single senator in the majority who wants to change the filibuster where do you stand with that how do you address those concerns with your constituents . I think we all want to get things done, and i have had members on both sides of it talk to me about it some are saying look get rid of the filibuster rule all folks are saying make this thing work it worked in the past you ought to be able to work through system in place now, a group of us have actually talked about trying to be able to move on to a subject matter without having a 0 vote decision so that we could get on debate an issue, without having full 60 votes required, but to get off it or to actually have a final vote leave 60 votes in place, how do you find the opportunity to debate how do you get in find areas of agreement, how do you find those spots in which you can actually discuss and make better in a proposal if you cant debate it to begin with, and that is kind of what we find ourselves in right now is that you have to have 60 votes just to get on subject matter, i am not exactly sure that is what United States senate was designed for first place if we can debate issues if we can work through issues come up with new ideas, this better chance actually getting something done for American People. I would love to be able to eliminate 60 vote rule for getting on subject matter but then require 60 votes for final passage opinion. Senator, i one of the things a lot of American People are frustrated by is instead of focusg on issues around the economy tax reform Health Care Reform talking about comey and russia, to what a extent is which a impacting your agenda . Are there things you want American People to know that you are working on while everybody else is distracted by other things . Yes, because it i think the United States Senate Anyway is good at come part mentalitiedlizing what we are doing we know important investigation attention of American People want facts Intelligence Committee where issues are resolved at this time, the rest of us you ever working on other issues we spent three days, together is as Senate Republican conference talking about health care now i think we have done that three, four weeks that is huge amount of time to spend on one particular issue, with literally members participating i think getting someplace the about basics coming together i am still optimistic that weve got a pretty good shot getting something done but not just the health care, it is it is a matter of tax reform, and also the budget itself the appropriations process. You know if one thing i could see change would be appropriations process, it has not worked in 43 years, only worked four times during that time period could pass 12 appropriationbills why in the world do you keep doing the same thing over and over again if not working the way it was supposed to weve got to be able to simplify appropriations process so we actually vote not just on defense nondefense discretionary but on the entire budget 1. 1, on 4 trillion dollars. Dagen with all due respect you talk appropriations the need to reform it to average american, people who might have voted for you members of your party they dont care. You they want you to improve care costs down they want you to raise their wages create jobs, reduce taxes you talk about the Health Care Reform when . When will you guys vote on something when will you get something to committee . I think when it comes to health care, i think we will have a pretty good shot at least leadership would love to have something done before july break but personally i think people would rather have it done correctly than screwed up sent to american pub saying there we did something i am more interested taking our time doing it controllabling o improving the Health Care System youve got to be able to stop upward trend in the crisis south dakota, our prices have gone up 124 since 2013 and individual market up 40 next year that is not sustainable, so when we talk about doing it, lets not just throw something together say we did our job lets do it right this time, lets not do the same thing that happened with obamacare where they came in, they put the best thing they could at the time together knowing that it wasnt right thing to get done that it was another step forward in terms of perhaps a single payer system that does not work in the United States we want a competitive product, that will stand test of time. Isnt it true you only havef. To actually get work done for 2017. You want to get it done right, how long does getting it right take . That is going to be depend how long it takes us to get 50 votes out of 52 in the United States senate. That is what it is going to take to get it done, so i look i think leadership is moving in the right direction saying look we are not going to put a fiemframe on this were going to do best we can to a stabilize markets helpeople. If you cant what are wlikts implications if you cant do it 40 days. You will we obamacare continue to crumble. What does that mean for your party. That we will not have gotten job done we wanted to get done it means we will not have been able to fix obamacare exactly what weve been saying is going to happen day one which is it is going to tear this country apart in terms of cost of health care. Your comfortable with that you hypothetical speakings, cloeks colleagues no house should loss hours. You are talking about entirely different issue we are talking about taking care of American People for a second take politics out of it just talk about what it takes to actually fix the system for people that really need help think about what it takes to help average american out there, seeing Health Insurance prices go crazy. Right. Think about people paying more for Health Insurance now than house mortgage focus on that he forget politics we are focused in right thing i am seeing in United States senate we care about price of health care for people we kier about quality of health care for people that is what we are trying to fix obamacare is not getting it done it is there it is in front of us we have to be able to fix it that is what we are focused on doing. Do you have the same battles would you say within tax reform package do you have the same kind of fight a is this going to wire just Like Health Care i am talking about borderadjustment tax the deductions, et cetera. I i proposed we do a flat 2 reduction in tax rates across the board, the average south dakota family would end up 800 dollar a year savings, down payment on true tax reform, but move from there i like ron johnsons idea about zeroing up corporate a lot of different ideas and have you same kind of fight then. Absolutely, no question about it but that is the way the system works. Senator thank you, thank you so much for joining us senator mike rounds there we will be right back. Safety isnt a list of boxes to check. Its taking the best technologies out there and adapting them to work for you. The ultrasound that can see inside patients, can also detect early signs of corrosion at our refineries. Hightech military cameras that see through walls, can inspect our pipelines to pvent leaks remotecontrolled aircraft, can help us identify potential problems and stop them in their tracks. At bp, safety is never being satisfied. And always working to be better. Im the one clocking in. When youre clocking out. Sensing your every move and automatically adjusting to help you stay effortlessly comfortable. I can even warm these to help you fall asleep faster. Does your bed do that . Oh. I dont actually talk. Though im smart enough to. Im the new sleep number 360 smart bed. Lets meet at a sleep number store. Compartmentalize compartmentalize. Maria welcome back is almost aek state is claiming responsibility for a pair of dell attacks in iran. Cheryl gunman stormed Irans Parliament and shrine of Ayatollah Khomeini if tehran this morning killing at least seven wound he go at least 30 others four people reportedly taken hostagfour attackers dead according to ste media iran state tv saying one attacker of the shrine was a suicide bomber, this marks the first attack in iran that has been claimed by isis, which is at war with iranian backed focuses in syria and iraq we are learning more about reality winner 25yearold Government Contractor accused of sharing classified intelligence with news outlet the interceptor her twitter account indicates strong dislike for President Trump posted under sarah winner, on Election Night posted this, well, people saw hashtag Election Night later at will donald trump most dangerous entry to this country was the orange fascist we let a into the white house, liberal bumper stickers flood her car seen in images, no reported found classified report king key words into National Security agency system, she had clearance headline this morning a judge ordering dish neck to dish out 280 Million Dollars in fines, connection with robo call telemarketing lawsuit the judge found the tv company violated the do not call laws, that millions did millions times going to federal government and four states biggest penalty foretell marketing violations dish says it will appeal this ruling, there is the stock closing 64. 58 last night lmart set ofing a giant very end about machinfor customers shopping for groceries at stores the machine is right now in parking lots of a super center in oklahoma you place order online drive to the store, in bins in key of course when you get there type in a code your grows preposterous appear within a minute. We will see if that catches on, and, finally, this, dolce gabana selling a jury attic park hoodie tshirt with price tag scary as t. Rex letting you take home for 675 dollars. Yeah. Right. The tshirt 425 maria scott you can original logo from the movie. I can this can of so many things to spend 600 something on. Dolce gabana. I can top that. I can top that, you have gucci sweatshirts look like something you would buy at the gap, that are like 2300 to 2600 dollars pb doesnt have cool Jurassic Park logo on it, akitty cat sweatshirt 4500 dollars. My gosh. There you go. Coming up wow britain heads to polls to choose new leader in 24 hours how expected to Impact Global markets navigateing what is ahead and nasa inside way to roll on red planet first look at the agencys ambitious rover concept could carry humans across mars amazing, back in a minute. Think again. This is the new new york. We are building new airports all across the state. New roads and bridges. New mass transit. 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The most common side effects were pain, redness, and swelling at the injection site, limited arm movement, fatigue, headache, muscle pain, joint pain, less appetite, vomiting, fever, chills, and rash. Get this one done ask about prevnar 13® at your next visit to your Doctors Office or pharmacy. 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™, about replacing your car because youll get the ful value back including depreciation switch and you could save 509 on auto insurance. Call for a free quote today. Liberty stands with you™. Liberty mutual insurance. Maria breaking in morning british employer confirmed that the body pulled out of river thames is 8th victim of saturdays London Bridge attack Ashley Webster in london live on the grounds with latest anterior attack how it could impact the election, good morning. Reporter good morning to you maria i think already has very hard conversations pretty damning headlines in papers how could three attackers from saturday night get away with it including one youssef zag barr loud back in after italian authorities identified this him as very dangerous terrorist those questions asked about minutes theresa may last night getting tough saying we are going to have to change laws this have country if we are going to be able to track down monitor terror suspects take at a listen to which a she said. I mean longer prison sentences for those kwoiktsdz of terrorist offenses making its easier for authorities to did he port he foreign trir suspects back to their country if human rights laws suffer from doing it we will change the laws so we can do it. So there you have it, by the way, 38yearold man arrested at heathrow he in connection with to Manchester Bombing investigation raids in certain parts of london as police try to get a handle on who these people are, whether they are part of a big network on minds of voters as they head to polls tomorrow morning. We check back Ashley Webster inlon british vote one more item investors watching tomorrow a busy day waiting european zral Bank Decision testimony of former fbi director jim comey joining us Wells Fargo Institute headed Global Market strategy Paul Christopher thanks for joining us are all things getting in the way are becoming distraction for investors. I dont think so, if you think about elections, only if an election result could undermine the economic recovery do we think investors will Pay Attention likewise terrorism unfortunately, the economy remains the focus, and even with ecb we i think torque probably more set up for eventually not immediate tapering. Mid year outlook what is your mid year outlook. Seize the opportunes we think u. S. Investors have been buying largecap stocks a long time we see consolidation into year end i didnt say bear market we think cycle continues but as goo opportunity to take profits on winners and recycle cash into other places where we have convictions. What is risk in the marketplace right now i sigh tailwinds, you are starting to see the dollar get softer that has been a boon for the uas he large caps which you think, 46 46 points of view revenues why overseas global multinational corporations can benefit from lowInterest Rate environment where is robbery offing you are talking about pulling out where should they do that. Main risk ultimately from fed rate hikes as fed continues to hike probably not immediate, but you are going to see i liquidity draining we are seeing liquidity slow from stronger positive to weaker positive eventually that liquidity turns negative at that point you get a shock you end up seeing forced selling, investors cant get liquidity and they have to sell that is main risk Going Forward. We think, by the end of the year the consolidation occurs because, investors simply have to take more account of the fed, but the opportunities are in a variety of places, look. If you took wins out of large catchies you could think about international, u. S. Investors have neglected for a bunch of years there is opportunities there we are even. Maria europe. Lining europe like emerging markets. Higher dividend pairs in dwrurp across the board across sects dividends hiving than in u. S. Sects. What is impact if health care doesnt get season some uncertainty there. We have made no allow phenomenas for any sort of assumption on tax reform for 2017 targets. Maria why not any aallowance isnt that one of the key reasons the market is up. It is was one of the reasons has been reversed. Okay. The whole and more than just the idea of a trump trade it has been the idea of global reflation has been disappointing as well so take that one out of the cohesion but you still got liquidity growth positive you still got a synchronized recovery driving whole thing stocks have been resilient until now. Would you add more would you add new money to technology stoksz so thawe would not at this point we dont think it is tech bubble 2. 0, evaluations on tech stocks could get higher before we get that stretched but we do think there is better places in the market we slick he Consumer Discretionary industrials Financials Health Care would underweight at this point Energy Consumer staples industrials excuse me and utilities. Maria all right. We will be watching the redirect, thanks very much good to see you, wells fargo, Fox Business Network having full coverage of u. S. Elections tune in special reports from lou dobbs tonight cavuto coast to coast right here live on fbn coming up legal battle over travel ban raging what to expect as you await Supreme Court decision on whether to take up the case back in a moment. I am totally blind. If youre totally blind, you may also be struggling with non24. Calling 8448442424. Or visit my24info. Com. You on a perfect car,rch then smash it into a tree. Your Insurance Company raises your rates. Maybe you shouldve done more research on them. For drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. Liberty mutual insurance. Ostriches dont really stick vitheir heads in the sand. Ve horns on their helmets. And a real john deere is actually real affordable. You learn something new everyday. The surprisingly affordable john deere e series tractors. Good wednesday morning everybody. Thank you so much for joining us. Its wednesday june 7. Your top stories right now on the east coast. Revamping the travel ban. Sixteen states have asked to revise the executive order. The move coming with due fares around the world. It comes as the u. S. Avoids a possible trade war. The government and mexico had agreed to a landmark deal on sugar production. Commerce secretary told me about the deal. This is been a very aggravating factor. With that is a very good idea to try to get it out of the way so that we could get on with the much bigger parts of nafta that need changing. Of nafta that need changing. Markets moving this morning. The fractional move. In europe similar story markets are little change. In spain they were acquiring that. The index is up a quarter of a . Its down affection. Mix performances as you can see there. The biggest performer up a one and one quarter percent. What you need to know about e. Coli concerns hit up to 202000 pounds of beef. In the tesla lovers rejoice. The company is on track to begin production of the highly anticipated model three. Nafta is also unveiling the new wheels of its own. The mars rover concept that history out of hollywood. To transfer people across marts. The new hotel is that is looking to find success under the sea. We will tell you about it. We await a decision on whether or not the nations top justices will hear a white house challenge to lower courts suspension of the temporary travel ban from six predominantly muslim countries. Present trumpet may be sinking seeking his own case on twitter. George, a former candidate for that general position among the critics. We need a travel be in. For certain dangerous countries. Lets bring in the fox news senior analyst. He just made a face that said it all. I made a face because i had been arguing for months that the First Executive order was constitutional and the second executive order which rescinded the first one is attacking those orders and giving judges the ability to invalidate them had been the words of donald trump as candidate trump. Now we are hearing words as President Trump which are also giving them fodder for the canon as well. The whole purpose of the executive order is to enhance National Security it is an instrument of Foreign Policy which under the constitution as interpreted by the Supreme Court is primarily almost exclusively in the hands of the president. And the ability to terminate the immigration from given countries as well grounded in the statute. But when the language intimates this makes it more difficult to defend. You just brought up a great point. Those countries cant track or know who those people are. The issue is that im hearing it from the left all the time. When the terrorist attack happened on saturday they said it wouldve happened from anybody in the uk. When you have these six countrs that we are talkg about. They cannot properly that these people. I think they dropped the ball. Very dangerous. They let him in. How they could let this guy in. If you leave the country to study jihad is sacrifice and surrender your right to return to the country. With respect to the executive order at the head scratcher that the president would criticize the Justice Department for preventing presenting the second executive order. He comes out with these tweets basically saying what they should have done that tells people that hes not on the same team of the Justice Department and this created all of this is effectively what were seen. It is a head scratcher but i do believe that the president glories in being politically incorrect. And in a meeting has base even if there is a price to pay for it. Hes not delivering on what he promised today. With the comments that you separate peoples rage but hes not delivering on the actual promise. Dont upset the apple cart. What is every lawyer tell you. Shut your mouth. Shut up. When he puts these tweets out he gets positive reinforcement. Ive done several focus groups they love these tweets. What are you tweeting about. Tweets about the domestic agen where you are. To criticize youown Justice Department. Do they love them if theyre just words rather than the delivery of policy changes. They say we love it. That is a small portion of the population. There is another 80 of moderate and liberals he cant take this anymore. If the Washington Post is reporting accurately that the attorney generals it would be catastrophic. He no longer has the confidence of the white house. Particularly because he just got fired and that created a firestorm in and of itself. The Justice Department should have pushed the original travel ban. Hes angry and is also clearly angry at Jeff Sessions. But he did not even been confirmed when the first order was written. The flaws in it where that they were not able to do that. I thought the second order effectively accomplish the same thing. But was written and more language. It turns out i was wrong. The courts shut it down anyway. These are the same nations that president obama had. If barack obama had signed a first or second order they would have passed muster. What undermined those orders is not what is in them it is the words of the neck then candidate trump. Is any of this because he set up a relationship like that between himself. I think it is the words that he used as a candidate that cannot be undone. For them to cherry pick the words. He said it back in july. Eventually yes. There can wait for the night circuit to rule. In the late wait for the trial. There hasnt even been trials in these courts. It wont reach the Supreme Court until the end of donald trump term. We still had bedding at the border. But the barring of people has been staged. Are you going to live tweet. Im going to live comment. There is a story out there. About jim coming that that Judiciary Committee gave those. D he refused to answer the questions because he said i am a private citizen. When you volunteer you can pick and choose what questions are answered. You will see a different james comey tomorrow. Not an fbi director. He is trying to buff his reputation. Great insights. Thanks so much. Joes crab shack whether restaurant is filing for bankruptcy. Elon musk sheds new on the companys direction. At fidelity, trades are now just 4. 95. We cut the price of trades to give investors even more value. And at 4. 95, you can trade with a clear advantage. Fidelity, where smarter investors will always be. And at 4. 95, you can trade with a clear advantage. Buttrust angies list to help. , [ barks ] visit angieslist. Com today. Possible e. Coli contamination, lead causing a major beef recall. So food distributor Creation Gardens has issued a recall on more than 202000 pounds of beef after a company test showed e. Coli contamination. The beef items were produced between may 31 into june 2. The Parent Company of a joes crab sck has filed for bankruptcy. They were immediately purchased. They had agreed to by the houstonbased ignite restaurant group. They operate that. Theyre been saying about 50 million for the entire shebang ignite has filed for chapter 11 bankruptcy. Kelly operates more than 100 restaurants in 22 states including the facts at hand. There is a stack for you. It has lost about 97 percent of their value and of course this was delisted from the stock exchange. Nasa has a mars on its mind. The space agency unveiling the latest concept for a vehicle to explore the red planet. Its big. 28 feet long. It is both a vehicle in and a lab is an aimed at educating people about mars. Before going on to her as part of the summer of mars program to buy its famous for luxury but here is the latest example. It is a floating seahorse. It is a home that sits on one of them and made islands. Its half submerged in water as you can see here. The homes can go as high as 12 million of course you can only get there by boat to your new home. And those are your headlines. We want to get right to breaking news right now. President trump is tweeting about the fbi director. I ll be nomiting chris for a ray a man of impeccable convictions. We will have more on this as it develops. We know President Trumpeted interview Christopher Ray for the job of fbi director. He works currently and private practice. A law firm in litigation. And under jim coming. Under the Justice Department. But he has since been at the law firm since he left in 2005. The president is just tweeting this. Hes going to nominate Christopher Ray is the next fbi director. We were not talking about this name and all. In fact the people ive been talking with they really wanted something it was a law and order background. They have some background in that. I think the issue here is that a lot of people that they wanted dont want to work for this president the way he tweets about them and things like that. There has been a crisis of confidence when it comes to a lot of the nominees. This is a lawyer not a policeman. I think that is worth noting. The whole idea of getting a line order person that is is why we were talking so much about ray kelly. And he hasnt been in government for over ten years. We will keep watching this. Ea we will be right back. And hey, unmanaged depression, dont get too comfortable. Were talking to you, cost inefficiencies and data without insights. And fragmented care stop getting in the way of patient recovery and Pay Attention. Every single one of you is on our list. For those who wont rest until the world is healthier, neither will we. Optum. How well gets done. Your insurance on time. Tap one little bumper, and up go your rates. What good is having insurance if you get punished for using it . News flash nobodys perfect. For drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. Switch and you could save 509 on auto insurance. Call for a free quote today. Liberty stands with you™ Liberty Mutual insurance. Welcome back. He just tweeted who he is nominated for the fbi had. Details to follow. We are following this. With a single tweet there the president seemingly changing and the narrative on that. That being Christopher Ray. Famously known during that time. For its involvement with the enron case in the recent years though. They have the personal attorney of the new Jersey Governor Chris Christie. Not only friends but close political confidant. And seemingly that connection is there. We at least know that ray will be the nomination from the president. They were early interviewing earlier this month. Theyre set to testify before the cameras and the American Public tomorrow. The former attorney did that. Is not a Police Officer not a cop. This is an fbi that increasingly since 911 has had to deal with terrorism. Lets bring in the former fbi director. Thanks f weighing in this morning. We are just getting the news. I know of him with regard of his background. I know he is a yale graduate. There may be some reservations about him being the fbi director because he does not have Law Enforcement background the fbi is also involved in a lot of other investigations. I think its a good choice. In view of the fact that he has no political agenda the sky. He has not been on the radar with regard to being very public. Obviously it was someone new and different. Maybe he is seen as been confirmed by both sides. Is that one positive. I think they did a lot of vetting and youre absolutely right. Thank you steve. Steve rogers on the phone. Kevin mccarthy on the other side of this break. 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Gentleman good wednesday morning. Welcome back. Thanks so much for joining us. Im Maria Bartiromo it is wednesday, june 7 your top stories right now 8 00 a. M. On the east coast breaking news President Trump has selected his pick for fbi director, he just tweeted moments ago he will nominate Christopher Wray to replace jim comey, this comes a day ahead of comey positionings testimony before the Senate Intel Committee tomorrow, markets are near the flatline right now in addition to the jim comey testimony tomorrow investors waiting on European Central Bank Decision will there be more stimulus what is happening with Interest Rates, and, of course, the British Election that vote is also we are taking you live covering that all day tomorrow, futures indicating a fractionally higher opening for the broader averages dow industrials up 6, nasdaq up 7, in Europe Markets little changed very similar situation, but the banks are stronger today, that is because there was a dealing in europe, Spains Santander acquiring Banco Popular, assessing that bank in collapse santander will look to raifdz nearly 8 billion dollars to cover bottle of bolstering Banco Populars Balance Sheet in asia overnight mixed performances best was shinea shanghai composite up and a quarter bg news terrorism in tehran isis claimed responsibility for a pair of attacks in iran capital state media says 12 People Killed gunmen target parliamentary shrine to Ayatollah Khomeini uber takes action after the harassment probe fired 20 employees, its planning to make another change other workplace changes we will watch for any new infrequents out of uber. Old glory goes viral, joining me to talk all about it Fox Business Network Dagen Mcdowell, recon a couple veef investment affair kevin kelly, lee carter can when we thought busy enough tons in the markets politics. Dagen doing this ahead of the testimony so again, it says that he is on the job, to at least announce his nomination to replace comey. I am surprised at his choice i am still reeling from this. Dagen why . Because i was so sure it ways is going to be a policeman he talked so much about National Security getting harder on terrorism protecting the people, i would have expected near at an a litigator a fascinating choice i cant help wondering why. More details on this president just tweeted this that he is going to be nominating Christopher Wray man of impeccable credentials new director of fbi details to follow blake burman at the white house right now with more blake good morning. Reporter good morning to you two notes on Christopher Wray this morning he was the lead of the department of justice criminal decision in 203, 4, 5 main case known for during tenure in george w. Bush administration was involvement with enron, after that or at least in the most recent years he has gone into private practice he is a litigator in washington, d. C. , and in his private days he is known for representing the new Jersey Governor Chris Christie for his involvement or at least the questioning of christie during the bridgegate scandal now nominee to lead federal bureau of investigation the process from here for wray will play on out, of course, this announcement comes the day before jim comey comes to capitol hill to testify about what president may or may no have said in their private conversation when you step back here maria you look at how he got to this point, of course, it all began with the president firing jim comey. Earlier this year, and then search was launched by the department of justice. The president had interviewed several candidates the president had identified himself before he went on to first foreign trill that Joe Lieberman was lead candidate seems like just potentially hours away from that announcement, however there was big pushback from democrats, many people saying they didnt want anybody too political lieberman pulled his name out then there was a infuse search launched it was john pistol Christopher Wray identified potentially top two now we have the announcement maria of wray. Maria we thank you so much blake burman at the white house, bring in House Majority leader cream Kevin Mccarthy good to have you on the program good morning. Good morning thanks for chg me back on. Maria your thoughts congressman on this naming of Christopher Ray obviously the president saying he is going to nominate him, he is former assistant attorney general in charge of the u. S. Department justice Criminal Division. Look at background from u. S. Attorney general and other qualified to run the agency, confirmed before by senate unanimously. A greet opportunity. Was there pressure on president to make a nomination announcement right before jim comey goes to testify tomorrow is if we know that is going to really be focus of so emattention tomorrow. I dont believe so he has been going about this looking at individuals interviewing different individuals throughout so i think when he thought that he found the right person, that he would nominate him. We were surprised on panel because he talked so much about law and order we noto thought a law and order candidate like ray kelly somebody has Police Background yet a lawyer. Well you also have to understand, youve got to run the entire agency, youve got to have experience, with it i think probably very good selection for him to make sure this agency comes back together, this agency has had some real challenges internally so i want to see it build be even stronger. Congressman let me move on to domestic agenda i know you have been working hard on this, yesterday you had a meeting with the president can you tell us about that meeting in terms of what you talked about in terms of infect a agenda. It was very good meeting bicam house layup we had been able to Pass Health Care bill out of house the senate is working on that we are getting updates there, talking about where we will move next, on to one the budget, then tax reform, we had secretary trshdz mnuchin in the room as well so it is really getting on regular basis back together analyzing just measuring metrics where we are where we are moving forward where we can constantly improve. You couldnt have timed better with news flow that is for sure, one of the lead stories, ensures ohio exit ups ante for gop headlined in journalling anthem Insurance Company pulled out of ohio one more Insurance Company to pull out now weve got almost another stepped up kroings mo facing after blue shield in kansas 70 pulled out your thoughts obamacare. You have iowa 94 out of 99 kroipz will not the insurance this is every single week that is happening, that obamacare has collapsed, and this can about what the premiums of those that actually do have the insurance, health and Human Services came out with a study he premiums increased more than one hundred percent doubled in timeline this is really been a major failure, and that is why we have focused on being able to repeal and replace obamacare to provide health care for those people who need it i think it has been loss in the this debate a lot of people are just focusing on the bill but need for it i think that is going to continue to happen week over week. Maria built because you have been focused on this and working working on replacement bill a lot say republicans own it dems trying to say the reason obamacare is failing because uncertainty a line from anthem ceo basically said were pulling out, citing uncertainty surrounding key issues including federal cost sharing payments that help reduce cost for low income aca enrollees we know that the House Republican bill did not include appropriation for those payments for next year, President Trump has threatened to stop them how much responsibility should gop take on obamacare failing even further right now . Lets just put in perspective, no bill has passed changed obamacare 18 of the 23 coops collapsed your premiums doubl they want to crease again next year, the Insurance Companies have pulled out without a bill passing, before we even got here, so i think that is a lot of smoke and mirrors to me it is almost you been laughable democrats would bring that forward i think they are embarrassed for obamacare we would continue payment a smooth transition next two years then put the new system up and running for the individual, so i think that is a very weak argument i think it is a place that the calibrates are just trying to stretch to, because they cannot answer the question, about their vote for obamacare how bad it failed American Public. We know 32 of all u. S. Counties are down to one Health Exchange insurer at this point you i had you said you talked to president about colleagues where we stand right now where do we stand, congressman tell us what your looking at in terms of Health Care Reform getting a will be from senate on to tax reform . We will that is a great question if i could first put it, remember the first 00 days what is Interesting Company called quarry um Harvard Students created this company if you take first 100 days from hw. Bush forward on Congress Number bills passed you know which continuation most productive the one currently in more than 103 bills passed first 100 days, then if you look at the president the same time period, the number of bills signed, about president barack obama signed 15 bills, in first 100 days, President Trump has signed 30. So we have dealtith regulatory we have moved out of the house the health care bill, it is now in the senate, we expect them to get that done, before we leave on august break, we will then move into tax reform, we are having those hearings right now in the house. Which is the appropriate place, because remember the constitution article one section seven all tax reform starts in the house, once we get that done, then that will will move to the senate, an then move to infrastructure. I think weve got a very full plate before us, we are going to get this done, and this will continue to be one of the most productive continuations in quite sometime. You certainly had a lot of productivity in terms of of the rolling back regulations, and all that you have outlined you can understand the concern on the part of the American People given you only have 42 scheduled workdays left, between now and the end of the fiscal year, 42 days is when you and your colleagues in senate are both working the House Freedom caucus is saying they want to cancel august recess to continue working. Would you cancel august recess if it is not done. Look lets do the work right now, people are not talking about what is on the floor this week the repealing doddfrank getting capital back into the market, making our Community Banks actually able to work again. We are very productive as we go, i dont want to worry about future i am actually going to get everything done right now, and make it happen. Maria do your members understand severity of this timeline that if you dont get something done, in terms of tax reform, i feel like that is what america voted for they want tax reform they want jobs, they want movement on Economic Growth if you dont get that done, in fiscal year 2017, you are going to loss could you lose house next year are you prepared for that . Look, i i am well aware of this, the public put their trust into us we have to get the job done, we will not stop working until we get this job done. Maria in other words, you would cancel the august recess then if you dont get it done. Eye will make sure we get our job done, and make sure we get everything moving forward are we focus on jobs, this election was about those individuals that have fallen back in the last 8 years. When you look at last 8 years of the past administration, and you take their highest growth year, that is still lower than the lowest growth year under bill clinton. The middle class of fallen behind in this process weve got to get america working again that has been the focus of this president. It is always continuing about jobs you look at Congressional Review Act where in the history of america only one signed into law he has now signed 14 of those, getting a number of billions of dollars off the back of business in america, growing again, health care we look at collapse weve got that through the house now in senate, tax reform, so we could actually be competitive, that is what we want to do, i always bank on america, if we have a levelplaying field we will win. Maria congressman let me ask you about tax reform for a second before you go what is the lowhanging fruit what are ease things you think youve got Common Ground on with Senate Everybody is saying look, they are going to have same battle that they had in health care, over tax reform and going to stretch out and not going to get done so where is the lowhanging fruit you can agree with colleagues on senate on. Very first low i hanging fruit we learning from lessons of health care we work closely together, remember the administration didnt have everybody appointed yet even, tom price wasnt appointed moving through health care the very beginning so we have everybody together, working in the process, so we are all have synergy corporate rate too high highest rate in the world we have to lower that to make it competitive. It is confusing why do we have seven individual rates why dont we just have three of those, why dont we actually lower the rates to make it more competitive for people to keep more what they earn a, and have greater investment in america, change the structure of tax where they actually dont benefit you to import give you benefit to export where you create more jobs in architecture. We leave it there congressman we are watching obviously we are rooting for you, and colleagues that you get something done this year good to see you, sir. Always great to see you. Thank you congressman Kevin Mccarthy joining us and we will be right back. Sary er visi. And hey, unmanaged depression, dont get too comfortable. Were talking to you, cost inefficiencies and data without insights. And fragmented care stop getting in the way of patient recovery and Pay Attention. Every single one of you is on our list. For those who wont rest until the world is healthier, neither will we. Optum. How well gets done. Thithis is the new new york. E . Think again. We are building new airports all across the state. New roads and bridges. New mass transit. W ness friendly environment. New lower taxes. And new University Partnerships to grow the businesses of tomorrow today. Learn more at esd. Ny. Gov breaking news joining us President Trump has nominated a new fbi chief, the president tweeted this morning, i will be nominating christopher a. Wray man of impeccable credentials to be director of fbi details to follow Christopher Wray worked in president bushs Justice Department as former assistant attorney general in Criminal Division oversaw Enron Task Force we bring developments that come in on potential i director. To take the home next isis claiming responsibility for two doled terrorist attacks in tehran iran, Cheryl Casone with details. Cheryl yee following getting inside details on this one maria gunmen stormed Irans Parliament in shrine of Ayatollah Khomeini in tie tehran killing at least 12 wounding dozens more 12 people reportedly hostage in parliament four tweeshgz dead we are trying to get details on that iran state tv also says one attacker at shrine was a subsided bomber on fourth floor first iran claimed byis at war with iranian backed forces in syria and iraq. Back at home uber can firj it fired 20 employees over Sexual Harassment claims renes therl fired as a result of ongoing investigation. Uber has been under pressure to address Corporate Culture after he former Software Engineer wrote a blog post accusing managers ignoring complaints of Sexual Harassment. Normal to worry about kids when not around jamie warner utah no different imagine reaction after saw 7yearold on Security Camera riding bike to a neighbors house reciteing pledge of allegiance. I pledge allegiance, to the United States of america, and to the republic for which it stands one nation under god individual with liberty and liberal and justice for all. Cheryl after reciteing pledge wyatt rang neighbors boor dell mom shared this instagram to show apparents do you think kids are not listening sometimes they are they try to teach kids how lucky they are to live in this country, all right, coming up, Caesars Entertainment twobilliondollar gamble on renovations the ambitious upgrades for the casino giant, obamacare, on life support another major provider pulling out of ohio, why anthem leaving the marketplace mornings with maria will be right back. Previews fisticuffs to break out if he former fbi director jim comey testifies on capitol hill. Ive been blind since birth. I go through periods where its hard to sleep at night, and stay awake during the day. Learn about non24 by calling 8448442424. Or visit my24info. Com. So new touch screens. And biometrics. In 574 branches. All done by. Yesterday. Banks arent just undergoing a face lift. Theyre undergoing a transformation. A data fueled, security driven shift in applications and customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Hello, mr. Deets. Every Branch Running like headquarters. Thats how you outmaneuver. Tthats why at comcast,t to be connected 24 7. Were always working to make our services more reliable. With technology that can update itself. And advanced Fiber Network infrastructure. New, more Reliable Equipment for your home. Annew lture built around customer service. It all adds up to our most Reliable Network ever. One that keeps you connected to what matters most. Maria breaking news right now President Trump just tweeting getting ready to leave for cincinnati in the great state of ohio, to meet with obamacare victims, and Talk Health Care and also infrastructure. We will have more straight ahead on that. Lets talk about can we talk a little bit quickly with the panel about what with lee and kevin about what is happening with President Trump is going to have to talk about this Christopher Wray Christopher Wray nomination to run fbi i want to get to next guest high steaks kroorz indeterminant largest unit nearing exit from a giant investing in renovation mark how is Company Looking to expand we were talking in break maria is back by the way, we are talking in the break about how busy you guys are in las vegas. Yes, it has been a strong market for us last couple years, and we are excited obviously to come out of bankruptcy, looks like september will finally be out, finally being able to talk our investor Story Company done really well improved ebitda over 756 Million Dollars last two years 800 basis point imprement in marginal growth 13 last two years we feel good about the prospects Going Forward. For so many years talking about how macau was subsidizing vegas, where are we in that, because you know, for longest time vegas was not doing well, you saw how well chinese were operating in macau is that still going on. Yeah what is going on right now a big crackdown, from the Chinese Government obviously on money leaving the country, is to what has happened even in macau there has been a crackdown on that caused a lot of depression in the sales there macau is a really good place to still be, because again. Maria that was your cash cow. We actually earned are macau 66 ebitda from strip from investor standpoint today that actually is very appealing because vagaries what goes on in china in terms of government, what could happen policy wise there, so we do get some advantage on that right out in long term would be nice to have a foothold there we have a korean project right now getting a listens in korea incheon korea. Investors in stocks that tr publicly traded are talking about japan as next wave of growth you just talked about korea what do you think the impact will be and on the growth that you are looking at you mentioned vast majority coming from strip, how do you see that shifting overtime . I think asia also a good place to have a foothold, the incheon korea great japan, meeting with foreign officials they love the fact actually we are not in mac awe ends up an advantage caesars has brand name in japan they love our compliance program, which is have you robust because we are licensed in more states than anyone else, and weve got more ploeksz anyone se in United States locaons than anyone else in United States allows strategic advantage applying for one of the 11 or 12 licenses they are going to put forward next couple years in japan. Caesars froth from v growth from veg has who do you attribute turnaround to a lot of efficiency initiatives that we have had ended up, becoming as much smarter in our marketing dollars, so we are always had good total Rewarding Program 55 million membership in total rewarding that was a driver Labor Productivity improved, almost 800 basis points as well that was improved. In addition to that Hotel Business has really caught on we are up almost 11 in adr. Average daily rate your pricing that is double what strip average was but that is due to the fact we refushed a lot of rooms 7,000 rooms 24,000 on strip 7,000 this year 5,000 last year, by 2020 we will be at 90 all strip being renovated that is dr. A higher average daily rate typically get 20 to 40 dollars more room positive night on refurbed room driving cash business holtz up more profoundly than Gaming Business believe it or not. Maria how is the president doing funny to see former colleague in the Hotel Business in vegas run the country. Yes, that is great, in terms of you know weve got a lot of questions about housing impacting our business too soon to tell as far as i am concerned, and early days in right now hard to trau inclusions on that hopefully gdp growth continues, that is dr. Our business model. Maria will be twochg developments thanks so are joing us, battling Opioid Epidemic how largest pharmacy benefits manager fighting addiction before it begins President Trump nominates new fbi chief credentials for creates First Responder wray to pick you ousted fbi director jim comey. Back in moment. Maria good wednesday morning. Welcome back everybody thanks for joining us happy wednesday, i am Maria Bartiromo, it is wednesday, june 7, your top stories right now 8 30 a. M. On the east coast, breaking news this morning, President Trump says he will nominate his fbi director tweeting who he will nominate Christopher Wray to replace jim comey this is his pick for next fbi director a day ahead of comeys testimony before senate i spoke with House Majority leader Kevin Mccarthy about the decision this hour. I dont know him permanently but he is well qualified you look at background from the u. S. Attorney and others qualified the run the agency he has been confird before by the senate, unanimously, so i think there is a great opportunity here. Maria more on the president s decision coming up, the announcement coming as President Trump moves on to next phase of his economic proposal that is the infrastructure rollout he will head to ohio today to discuss the next part of his plan, on infrastructure. He tweeted on the visit saying this getting ready to leave for cincinnati greet state of ohio meet with obamacare victims tanning health care infrastructure. We will take you to ohio coming up pb futures indicating a mixed market this morning take a look, dow industrials nasdaq s p 500 higher but fractionally so. In europe, markets are also close to the flatline as you see here ft 100 down a fraction the cac quarante in paris up almost 1 the dax index in germany up a third of a percent, in asia overnight, mixed performances you will see shanghai composite best up one and a quarter percent fight to control the Opioid Crisis in america staggering statistics, show that more than 90 americans are dying from opioid he overdoses every day in the country one company is take on crisis head on. Textile lovers rejoying elon musk says on track to begin production of a highly anticipated model three, could netflix reach 130 million subscribers one Company Thinks staggering growth is coming for the screaming king netflix, and drones to super soakers hot heest toys help children have summer of dreams, this summer wait till you see what is on tap, first breaking news President Trump, tweeting this morning, this, i will be nominating christopher a. Ray impeccable credentials to be new director of the fbi, details to follow this is the president heads to ohio today where he is expected to promote his trillion dollar infrastructure plan jeff flock with the latest on the agenda. Reporter another hey maria another day perhaps this infrastructure thing would be headlined of the day obviously we have been watching you know there are plenty of headlines as you alluded to the president himself tweeting a short time ago, that he is getting ready to head here to cincinnati where he will Talk Health Care because of pullout of anthem, of the Health Care Exchanges more people left without health care, so that is part of the story today as well. As well as other breaking news but a back to the subject of infrastructure, as you know the president earlier in the week talking about the air Traffic Control system prooif typographicalsing that point two dams levees like ohio river part of it behind me the president promising a trilliondollar in infrastructure spending, that would be 200 billion dollars worth of tax breaks to leverage another 800 billion private investment, the at the levies part as well the problem with that in some regards you get private money involved it leads to then user fees, tolls the barge folks that operate barges tows up and down rivers dont like to get hit with extra costs if that is what it comes down to he so we will see how that goes as well the president will be here not spending a whole lot of time with river town perino on the ohio river perhaps you see Police Officers already getting boats in the water out there behind me, and ready for the president here in ohio. To talk about something that promised dung the campaign. An upgrade of the infrastructure hopefully wont be overtaken by all the other news of the day. Maria there is a lout of it for sure jeff all right thanks very much beautiful shot behind you jeff flock, in cincinnati in communities across the country, opioid addiction is taking a he devastating deadly toll more than 0 americans are dying every day, from opioid overdoses the farmings pharmacy benefits manager announcing a comprehensive solution and reducing object yes, i did abuse joining us in fox business exclusive is the president ceo, Tim Wentworth thanks for joining us. Thanks for having me maria. We know all about this, we have been talking about Opioid Crisis sometime tell us about your with latest effort to help fight this deadly crisis in america. You are right it is a crisis, and something we believe we can make a major step forward, in helping to prevent, so today, we have 600 major Employers Health plans we got together we are launching a program that is specifically aimed at patients that are newly prescribed opioids bringing together, Data Analytics bringing together behavioral science things that we are very uniquely positioned with importantly a direct line to a specialist pharmacist in neuroscience for n won of these patients to help the front end ensure they use products appropriately and understand the products, when we ran a trial with two different groups over 100,000 folks, we saw a 40 reduction in emergency room visits 38 reduction in hospitalization up to 20 reduction in the amount of drugs that actually the patients had on hand were taking by virtual of this program so we are very excited based on those results, to now be launching it nationally. Tim, last year, phrma one of the drugs had to do with the object yes, i d object ye did epidemic, what are price protection rebates, how does it play out, when it comes to pbns. Sure price protection rebates something that we put into place to try to prevent frankly phrma companies from escalating price unreasonably when they do that rebates come back to us and go back to our clients to, help lower their net cost providing the care to patients. Maria but explain this to us, tim i got to foum on that you and i had this discussion in the past, we have had, ceo of mylan basically getting rolled over coals because of increased that she her company did for epipen she blames express scripps the pharmacies benefit managers how much are you taking out of the epipen increase . He next to nothing, i mean the irony heather point to go everyone but hers for her precise increases, i have heard every excuse named a i think the important piece is from our standpoint, we are in business to get patients their men affordable xeech in the game of providing benefits we hear employers pulling out other health plans pulling out of different exchanges and things we are in the business of keeping them in, and when Companies Like hers raise prices without concomitant value puts a job for us to bring prices down that is what were doing. What about anthem talk about the latest news in terms of insurers pulling out anthem pulling out of obamacare marketplace in ohio, citing low enrollment there this decision leaves 20 counties in its state without a single insurer willing to sell a plan on exchange for 2018, 32 of all counties in the u. S. Are now down to one Insurance Company what is your reaction . Yeah, i mean my reaction is you know we are in business to help patients get medicine it is when i hear about that, you know is a shared with you at a point we Just Launched something for the purpose patients who dont have insurance to get essentiallily same rebates you referred to, at the point of sale for them if paying cash so that we can buy down, 40, 50, 60 the price they are paying as cash payers we dont people without insurance when are we needed a swliegs we built that solution. Dagen it is Dagen Mcdowell can you talk at all about the use of he novel breakthrough therapies to treat cans rs like immuno there were drugs. It is early in the game as far as drugs not seeing lots i think that market is you know, is from very, ry im amateur in terms of where it will end up, what we know is this one is there are patients need those therapies the only way system is able to afford them if we xpress discrepancy our industry Healthcare Providers can bring down the hosts many other places to create headwind we did last 20 years generics that we were able to get to market 90 are geriatric creating room for first specialist wave needs to be to pay for patients ensuring best care much lower price. Thanks we will watch the situation pressure you joining us, Tim Wentworth ceo xpress scripps. President trump announced pick for jim comey everything you need to know Christopher Wray next netflix shares this morning the Company Stock is up a quarter of a percent as approaches a milestone stagger amount the giant could have back in a minute. Welcome to tennis channel report for fox business. Tuesday was a frustrating day, there were 3 1 2 hours of weather delays, between showers two women took spots in semi finals. Play resumed, broke the heart took out opponent to reach final four after 64, managed to keep concentration despite rhetoric breaking five times firing 25uz winners on her way to victory, breakout elena a place in the final after teen took care of business against former world number one, how about reaching semi finals as early birthday prevent. Our live coverage from paris continues wednesday at 5 00 a. M. Eastern. And adapting them to work r you. The ultrasound that can see inside patients, can also detect earlsigns of corrosion at our refineries. Hightech military cameras that see through walls, can inspect our pipelines to prevent leaks. Remotecontrolled aircraft, can help us identify potential problems and stop them in their tracks. At bp, safety is never being satisfied. And always working to be better. Maria welcome back. Breaking newsthis morning President Trump nominating new fbi chief tweeted this this morning, i will be nominating christopher amount of. Wray man of impeccable credentials to be next director of the fbi details to follow, joining me the host of Varney Company Stuart Varney weighing in on this, good morning, stu. Good morning, maria. I am not sure what i have to add about mr. Wray other than he was Chris Christies lawyer during the bridgegate affair what that means for his future as fbi director i really dont know. I prefer to save my comments for whatr. Comey will say, the former and now fired fbi director jim comey what he is going to sigh tomorrow headlined to me is he will not charge that President Trump obstructed justice that is big deal that is an ebb about about impeachable answer of that is what democrats wander to lay on our president if not going to say he tried to obstruct justice i think the wind is out of the impeach about nl sails that is why i think the market is dead flat around historic levels. When it became clear to the left or dems who are against the president , that he was not going to push obstruction they bring out this other issue, from the former nsa director right dan coats now you got that. That is more about that this morning, it is more of this noise that political noise that turmoil from the swamp i agree it is important in many, many ways i got that. But it is not important to peoples every day lives, what we report is important to peoples every at a lives. Taxes, health care, jobs, wages. He money, the markets, what we do is of concern to everybody, not what goes on in the swamp. Maria that is what we will be there 10 minutes stu see you top of the shoe varng varneyi. Could need 20 factories one of the many announcements ceo musk made last night Nicole Petallides cog the story. Teslaiar hit alltime high yesterday has been soaring this year up 65 , elon miscellaneously spoke to he shareholders yesterday talked about fact bursting at seems in california factory have one going to three may be 10 worldwide may be even 20, also noted that model three will be the production begins in july and you have two choices color and wheel size cant get time other choices because they really too many choices they said on model three i will note the wall street journal heard on street that musk had a glaring omission that was the strategy on china, moving on to netflix obviously a darling on wall street for up over 30 guess what if you didnt think enough viewers soaring according to one report saying they are going to 128 million subscribers will bring in 15 billion dollars, by 20 by year 2022. Asia pacific on rise good news for netflix looking higher today, that is latest on two hot names could hit new highs again back to you dagen. Dagen thank you so much schools letting out and toys are in, drones to hover cars we have a sneak peek at hottest toys of the summer Maria Bartiromo is right back. Schools out for summer across the state. New roads and bridges. New mass transit. New business friendly environment. New lower taxes. And new University Partnerships to grow the businesses of tomorrow today. Learn more at esd. Ny. Gov dagen welcome back. From plaza outside headquarters right now fun in the sun, Outdoor Sports toys brought in 328 Million Dollars last year and the industry is expected to grow as new Summer Season means new toys for kids if your life joining us right now hottest products is toy inspired sr. , editor, good to see you thanks for joining us. Thank you for chg me. Tell me be he toys so popular. Summer is time to play parents want kids up and active outside having a great time all toys perfect for that. Inflate nl toy kids can inflate over 4 feet wide jump, and all right taking Outdoor Sports to new level. It is. Look at so next toy hoverboards new way. Ive got this is the neon cart from this lets kid use hoverboard you have put on cart control with hands sit down completely new riding experience, for your hoverboard that you already have. A problem there for some that you can really trust, like the razor hover our x7 from odyssey these can fly up to 320 feet away. They have ones that you can see if you crash them not a big deal, there is superlightweight tons and tons of fun. Look like a lot of fun a battery there. Totally rechargeable 89 to 12 minutes flight time. Is that a drone. Not a drone quad copters, you see pretty cool. A new take on a parachute look at that this is a classic game. This is our parachute simon says game. Best part this comes as game pad that will give kids take to right wave up and down good stuff. Or leave it there is. Are you having fun with that. Yeah. You like that . So power wheels car rolling out summer newest chapter of Disney Pixar Cars three. This is our power wheels lightening mcqueen from fisherprice kids bring home favorite movies how school is that. Two and a half miles an hour, one kid at a time looks like lightning. Two and a half miles an hour you want to show us how it is done . He wants to talk. Then weve got this new 64 that is goto toy for kids this summer right. Sidewalk, this is First Time Ever kids basically have an entire rainbow to choose from they can 64 different colors special effects glitter neon tiedye creativity. That is gallon i like crayons, fun. Look at that crayon so thick. Thick, square awesome means wont roll around your driveway get lost so many colors for kids to choose from. That is a good crayon right there on to next thing weve got keeping kids out of the water part of the summer but weve got this you super soaker. Not summer would you have the perspire soaker not only stream water 38 feet 40 ounces but shoots regular foam you get best of both words two blasters in one a big water gun. Great price. Cool really great thanks for bringing all toys. Thank you for chg me. Great to see you, joining us there good to see you we will be right back with allstar panel and their final thoughts. Stay with us. All right, welcome back, i want it thank our panel, Dagen Mcdowell, lee carter, kevin, fantastic show as always. That will do it for us. Stuart, take it away. Stuart very nice indeed. Maria having fun here. Stuart good stuff. Breaking this morning, President Trump nominates his new fbi director, this is on the day before the former director James Comey Testifies for the senate. The new man is Christopher Wray. Well tell you more about him in a moment. As for mr. Comey, he will not accuse of president of obstructing justice. Thats the headline and the bottom loin as washington gears up for its own super bowl. The comey hearings. Good wednesday morning, everyone. Hello, everyone. Obstruction of justice is an impeachable offense. The left, along with many in the media wanteo pin an obstruction charge on