economic uncertainty leading to a global selloff. i want to thank peter johnson, jr., for joining us. great to have you. stacey dash, eboni, melissa. great day for news. back on tv monday. >> eastern. "happening now" starts right now. "happening now" starts right now. we begin with a fox news alert. a pennsylvania police officer is shot on the job. now the hunt is on for the gunman. >> that officer rushed to a hospital with wounds to his face, his chest and also his leg. we're covering all the news. it's happening now. are you going to vote for hillary clinton in november? >> yes. yeah. i think the issue right here is i'm going to do everything i can to defeat donald trump. >> bernie sanders says he is now on board to back the presumptive democratic presidential nominee, but will his millions of supporters follow his lead? the last thing i would do is tell anybody to do something

that's contrary to their conscience. of course i wouldn't do that. believe me, chuck, i get this is a very strange situation. >> this is too tough to do it alone, but i think i'm going to be forced to. >> the two gop leaders have their fair share of disagreements but can paul ryan and donald trump put aside those differences to win in november? and -- >> several people we've talked to have lost their homes. >> burned to the ground. more than 50 homes gone in an instant after a western wildfire blazes a new path of destruction. it's all happening now. we begin with the fallout from brexit vote. the uk votes to leave the european union, sending shock waves around the globe. welcome to the second hour of "happening now." i'm jon scott. >> i'm heather noward in for jenna. the people have spoken.

they want more control. >> british prime minister david cameron opposed brexit and is now planning to resign as prime minister come fall. >> benjamin hall is live in london for us. so what is the mood there? what's been the response, benjamin? >> john, people here are simply shocked. they woke up this morning to a new britain, an independent britain but also a very uncertain britain. this is 40 years since the uk voted to go into the eu. now overnight they've voted to leave. the early successes in the north of england showed the first signs that the government was in trouble. as the night went on it became clear that the outcome would surprise everyone. the final decision was called just after 7:00 a.m. this morning. not long after that, david cameron, who it staked his leadership on the outcome, resigned. >> the british people have made a very clear decision to take a different path, and as such i think the country requires fresh leadership to take it in this

direction. >> and this direction is away from europe. the "leave" camp leaders promised it would take control of the sovereignty, trade deals and immigration. >> the eu is failing. the eu is dying. i hope we have knocked the first brick out of the wall. i hope there is the first step towards a europe of sovereign nation states, trading together, neighbors together, friends together. >> of course that rhetoric sounds very good, but the hard work starts from now and that is uncertain. jon. >> what does happen next? >> i have to say, jon, we don't know. very few people know. this has never happened before, and it is unclear. we know that negotiations have to take place with other european countries. how to pull out safely while dealing with them. europe is terrified other countries might follow and the whole union may fall apart.

we're seeing the uncertainty in the markets. we're seeing optimism as well. for some it's a new start. fear and hope at the same time here in england. jon. >> benjamin hall keeping an eye on things live from london. thank you. the unprecedented brexit vote has shaken up the financial markets. the dow plunged 700 points from p premarket trading. what does it mean for you and your retirement savings? liz from our sister network fox business joins us live from the floor of the new york stock exchange. hi, there, liz. now what happens? >> let me tell you something. at the morning moment where the stock market here opened, stocks were absolutely torpedoed. you can still see a lot of red on the screen do you the dow jones industrials right now down 512 points. just off session lows. you saw selloffs all over the place. what you saw this morning may or may not be the exact same thing,

better or worse, by the end. people should sit tight. we'll see if the path forward is a little bit calmer. those who wanted the brexit or exit of the uk from the european union, there were all kinds of celebrations this morning. the previous reporter just mentioned david cameron, the prime minister, markets, heather, hate uncertainty. what do you have? who is the next prime minister because david cameron came out today before the cameras and said i'll probably be gone by october. when you have that kind of uncertainty, markets tend to start wobbling and wavering. do they fall is the big question. the ftse 100, the dow 30's version. down 3%. not the worst in the world but ugly. their currency, the british found was terribly bad. what's bad and what's looking good? winners and losers. the so-called flight to quality or safe haven places.

things like gold, tobacco. any of the metals except for copper which is certainly one of those industrial plays. those are moving higher. utilities tend to have a safe return, a yield. what's going down? banks. the united states banks, foreign banks, are really frightened right now. you see a lot of money coming out of there. on top of that, oddly, technology. why is tech moving lower? names like, are you ready for this, facebook, google, the new alphabet is the name and of course apple, they get a lot of their revenue, heather, from the european union countries, the bloc of now 27 countries that buy all of our goods. so temporarily they may be moving down, but right now i am looking at the markets. s&p 500, a broader s.w.a.wath o stocks down 63 points. a good chunk. >> you can catch up with liz later today on countdown to the closing bell at 3:00 p.m. on fox business network. if you're not sure where to find

fox business in your area log on to fox business.com/chann business.com/channelfinder. the republican national convention is now less than a monthw away. it seems the gop is no closer to uniting behind donald trump. house speaker paul ryan appears reluctant in supporting the party's presumptive nominee. some say ryan has offered from trump needs to get on message and build a strong republican campaign. daniel henninger is deputy editor of the "wall street journal." i could make you a deputy director. nice job to have. you say there is a house of ryan and a family of trump, and the two of them need to get together. >> yes. and sign a condominium which is something in international law, two sovereigns get together when battling over contested territory and cannot agree. here we have the spshg eaker of

house and donald trump. the plot of land is the republican party and it needs to be unified before it goes into this election. it is not good to go in disunited the way donald trump and ryan are right now. >> the prospects for the convention look shaky right now. everybody said that there was going to be a floor fight at the convention. then it looked like trump won. now delegates are saying, hey, we want to vote for anybody -- basically anybody but trump. >> yeah. you have to go in there, form a party platform, big donors and fund-raisers showing up wond degr -- wondering what they should do. there is a possibility at hand to come together. that's what paul ryan and the republicans in the house did over the past two weeks. created an agenda covering tax, economics, national security, health care and poverty. it's a built-in template that i think donald trump by and large

should be able to adopt 90% of it as his own. bear in mind, just last october the house republicans were tearing each other apart over john boehner's succession. conservatives versus the establishment. the unifying person who came forward was paul ryan. and those people have gotten together on this agenda. and i think that is the basis on which trump and ryan could decide, we'll run together, sing from the same hymnal, allow the members to campaign together in a way that would allow them to support donald trump. >> as you pointed out, they've publicly stated their disagreements, these two. >> big disagreements on the matter of trade, free trade and mainly immigration. in most of the other areas, tax policy, health care or even poverty -- i mean, their section on poverty is all about upward mobility, and i think donald trump has a real opportunity to go out and appeal directly to black voters on that basis. because they're very disaffected now. so i think it's possible for

this party to get closer together than many people think right now, and that ryan agenda would be the template for doing it. >> but ryan has been a big proponent of medicare reform, for instance, entitlement reform. donald trump says i don't want to touch that stuff. >> you know, trump is right that a lot of this is going to be subject to negotiation. but i don't think trump literally says that he is against reforming entitlements and spending money endendlessly. one of the other issues out there right now is the fund-raising for the trump campaign. a lot of big donors saying we're not going to give money until we have a better idea of what mr. trump stands for, what he's going to be running on. i think trump does have to come together with a set of ideas of the sort that are contained in what the house republicans just developed that would allow him to raise money and also get those republican volunteers out in the states that reince

priebus put together in ohio, pennsylvania, wisconsin. they're sitting out there waiting for a message from the trump campaign, and this i think would be the substance of it to give him something to run forward on. >> the decision on immigration yesterday from the supreme court heightens the impact the next president is going to have. >> you do not need tension of the sort they have inside the republican party right now. donald trump and hillary clinton went toe to toe in two speeches this week. i think mr. trump showed he can stand up to her if she wants to punch it out with him. she is going to get punched back by him. but going forward, to get the turnout you need in the battle ground states, you are going to need volunteers and donors getting behind trump and understanding in a common way why they are running. i think it has to be something beyond just stop hillary. there has to be substance there to give voters. it should be contained in what the house republicans just produced. >> deputy editorial page editor of the "wall street journal."

thank you. another wildfire scorching thousands of acres in california. why this may be the most destructive one yet. then deadly flooding sweeping through west virginia. prompted rooftop rescues amid-rising waters and a lot of flooding taking place there. we'll have the latest on how the state is reacting. will do you really know what it means? no. the answer is no. because it's complicated and science-y. but with my nutrition mixes, you don't have to worry about the science. you can just put it in your pie hole. planters. nutrition starts with nut.

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. welcome back. this is where we started this hour. one suspect is now in custody in a police shooting in pennsylvania. officer christopher dornan is said to be in stable condition after he was shot in the face, the chest, and also the leg at about 9:30 a.m. eastern time today. he is a 25-year-old officer and has been on the force for just a year now. police say he was responding to drug activity near the train tracks in the city of folcroft southwest of philadelphia.

train service has been suspended in the area as they've continued to search for suspects. we'll keep you posted. jon. >> breaking now, the state of west virginia dealing with deadly flooding. at least four have died after a storm dumped up to 9 inches of rain in areas. divers searched a creek in wheeling for hours before finding an 8-year-old boy who had been swept away by swift water. the child later died at the hospital. high waters reached nearly to the rooftops and overturned a semi as you see there. crews used rafts to rescue dozens of stranded people. the governor declared a state of emergency in 44 west virginia counties. >> that's so terrible. also a real disaster happening in california. it's another fox news alert. a devastating wildfire spreading across southern california. more than 1,000 homes are now threatened by the growing inferno that's already sofrped at least 100 home. will carr is reporting live from

lake isabella, california, with the details of this fire. hi, will. >> reporter: heather, 1500 residents are still under a mandatory evacuation. when you see the extent of the damage here, you can certainly understand why as we've been driving around throughout the course of the morning. we have seen ho just like this one completely gone here. you can see they have their cars, what's left of their garage. the fire broke out just before 4:00 p.m. yesterday here in kern county, about three hours north of los angeles. the fire chief says the forces of nature collided with a single spark. it was hot, it was dry. there were strong winds. the fire quickly raced across two ridges and burned everything in its path. to give you an excellent example, the kern county fire public information officer actually had a live stream for about an hour yesterday afternoon where he drove through these neighborhoods as they were burning. you could see the homes burning, propane tanks were exploding. and these neighborhoods truly

looked more like war zones than communities. take a listen. >> the home you see burning is a total loss. they're not trying to save the home. they're trying to save the neighboring homes and keep it from the home to the left there. this is engine 21 from taft. as i said, resources from all over the county coming to try to save as many structures as we can. >> the bad news is they're expecting similar bad conditions throughout the course of the day, expecting them to get even worse this afternoon. 15 homes are still being threatened right now. we're told they have 350 firefighters, both on the ground and fighting this blaze from the air. many were fighting a fire in nearby santa barbara earlier this week and have gotten no rest over the past couple days. all occurring as you have so many residents on the outside wondering what they'll come back to. i spoke to a gas station owner about ten miles from here. he tells me he slept at his

station last night and is praying, heather, that when he returns to the neighborhood that his home will still be standing. >> that's devastating and frightening for the mexico folke area. stay safe, please. bernie sanders still has not endorsed hillary clinton. but today he is promising to vote for her in november. will his supporters follow suit? the global community reeling from the stunning brexit vote. so what happens next? our next guest says there is nothing for americans to worry about, at least for now. think fixing your windshield is a big hassle?

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♪ "dinner!" "may i be excused?" get the new xfinity tv app and for the first time ever stream live tv, watch on demand, and download your dvr shows anywhere. a fox news alert. britain's historic vote to leave the european union is sending

wall street and world markets plummeting. but looking beyond today's market instability, can the brexit eventually be a good thing for america? our next guest says emphatically yes, that the decision will make britain a stronger partner for the u.s. on issues from trade agreements to the fight against terrorism. nile gardner director of the margaret thatcher center for freedom and a firm supporter of britain's exit from the european union. nile, you must be rejoicing today. you say that americans should be celebrating as well. why? >> absolutely. i think it has been a day of tremendous celebration here in london. even the sun has been shining, actually. so i think the brexit is all about self-determination. about sovereignty, it's about taking powers away from huge, bloated bureaucracies and back into the hands of the people. i think the brexit will result into a more powerful britain on

the world stage, a better, stronger partner for the united states. i think you'll see a resurgent britain, a self-confident nation freed of the shackles of the european union, which has been in steep decline for many years. the eu has evolved in a vast supra national entity that suppresses the sovereignty of the nation states. it was time finally for the british people to break the shackles and become a truly free country once again. >> but one of the arguments against the brexit or against u.s. endorsement of brexit, i guess, is that the british were able to carry sort of american arguments into european union negotiations, whether it be terrorism or, you know, what to do about russia's activities. britain was sort of representative of the american point of view. that's not going to be represented there anymore. how do you see that? >> well, i think, you know, that is certainly the argument made

by president obama and the obama administration as though britain is some sort of trojan horse for the united states. ultimately this vote was a decision for the british people alone to decide. it's a decision based upon the british national interests. and i do think actually the special relationship is far better off with britain outside of the european union. in fact, the eu has acted in many instances, i think, to hamper and impede u.s.-uk cooperation rather than help it. i think that, if britain is freed from a lot of the huge regulation within the european union, the interference of the eu, it's going to be a better partner for america. and also a stronger power on the international stage. the eu certainly is an organization, i think, in very, very steep quick decline, strategic decline, political decline. there is tremendous turmoil within the eu. and of course, britain wanted to reassert control of its own borders. there is a growing, mounting,

islamic terror threat in europe. brexit will enable britain to protect its own borders. that i think is good for america's security as well. >> all right. nile gardiner. much more i would love to ask you about. getting the wrap from the producers. nile, thank you. >> thank you very much. shock waves from the stunning vote sending wall street and global markets into a bit of a tailspin today. coming up why brexit could turn out to be a very good thing for the united states and our continued special relationship with the uk. plus, a vote of confidence for hillary clinton coming from her democratic rival. what? why bernie sanders says he is all in for clinton in the general election, despite the fact that he's still in the race, right? last time we checked? >> but he says he'll vote for her. we'll tell you about that when we come back.

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call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now - and down the road. i have a lifetime of experience. so i know how important that is. welcome back. bernie sanders not bowing out of the democratic race, but he now says if push comes to shove he will vote for hillary clinton in the general election. the vermont senator making the remarks on a morning show earlier today even though he still has yet to endorse formally, hillary clinton. listen. >> are you going to vote for hillary clinton in november? >> yes. yeah, i think the issue right here is i'm going to do everything i can to defeat donald trump. >> senator, if you have accepted the arithmetic of the race and

realize she is likely to become the nominee, why not withdraw. >> why when i want to fight to make sure that we have the best platform. >> joining me now is a senior political contributor at forbes and co-host of steele and unger. tony sayack. a fox news contributor. wait. he's still in the race. >> this is the second time in the last two weeks he has actually said he wants to stop donald trump and that's his motivation. look, voting for hillary clinton, obviously, when she is the nominee, is the logical place for him to go. his problem is he is not talking about uniting the democratic party right now. he said in the same interview that hillary clinton hasn't said yet what she needs to say, whatever that means, probably about the democratic platform and making concessions. and the larger issue, heather, is the fact that, for bernie sanders' supporters, they didn't join this populist movement to

stop donald trump. they joined to reorder the establishment -- >> talking about the establishment. rick, i remember being on the campaign trail talking to voters. they all said they would vote for bernie sanders or they would vote for donald trump. i talked to few who were really that excited about hillary clinton because they just wanted to do away with the establishment. is it a chance they would go with donald trump instead of hillary clinton? >> probably not. look, as much as i hate to say it, my buddy tony has it pretty much right. there are people at this point -- i have spoken to quite a few who are still smarting badly from bernie's defeat. it's no shock that bernie is coming around to voting for hillary. i don't think anybody expected anything else but the question remains, as you asked, what about his followers? if it follows the normal course of history, the majority of bernie followers will swallow hard and vote for hillary in the

fall. how many of them vote for donald trump, i honestly don't think many will -- >> but she represents the establishment. everything that so many of his supporters don't like in someone. here is what they say that they do like about sanders and donald trump. you may not always agree with their policies but you like that they're authentic, you like that they're going to speak the truth. that's what people told me. >> yeah. you see, by the way, heather, a lot of establishment folks from the republican side. some of the old neo-cons from the co the foreign policy side are endorsing hillary clinton because they know she won't change things much. that's what this is about. the outsider against the establishment. a bloomberg poll just came out. a majority of democrats who were sanders supporters said they will not vote for hillary clinton. that doesn't mean they'll vote for donald trump. 22% said they would vote for trump. 18% said they'd vote for

libertarian gary johnson. the third option, they won't show up. a lot of these millennials will not be motivated by hillary clinton. >> rick, do you think a lot of the young voters might stay home this year? >> there is no question about it. they're going to be put off. they will stay home. they're not a very reliable voting bloc to withbegin with. you can't forget about gary johnson. i don't know if he'll stick at the 18% but he's coming dangerously close to qualifying for the debates. that will have an amazing impact. >> we all thought the fascinating race this year would be the republicans. i want to read you part of bernie sanders' quote. he said the issue is here. he didn't go on and on and say he loved hillary clinton. he just talked more, tony, about wanting to beat donald trump. >> he has had two opportunities in the past two weeks to shut the door.

it boils down to the fact that people misunderstand the sanders movement. everyone assumes it's about the populist, progressive democrats. it's not. a lot of independents are in the movement who are not wedded structurally to a democratic candidate. sure, your social justice guys in the sanders bucket will probably vote democrat. rick is right. they'll fall in line. you have a whole swath of them, those who don't feel that aligned to hillary clinton or the democratic party, who can go in three different directions. >> we'll leave it there. the only presidential candidate who doesn't really want to win. i can't figure that one out. rick younger and tony sayac. thank you and have a terrific weekend. jon, what have you got over there? this fox news alert. great britain has voted to leave the european union, so now what? the move to invoke article 50 of the lisbon treaty is unprecedented. it's that uncertainty that has thrown world markets into turmoil. the global community now has to

figure out where to go from here. ken brown is senior columnist for the "wall street journal," and you're saying take a breath here, the sky is not necessarily falling. >> right. so the markets had believed that britain was going to stay, and so there's been this rally going into it. some of this is the unwinding of the rally. so the uk stock market will end the week -- ended the week earlier today right where it ended last week. now, the big risk is the british pound, and that's something we all have to watch. >> the u.s. markets, though, have been pretty rattled by what happened. and i don't know. explain why. >> well, so it's uncertainty, right. this is a bad time for the global economy. the u.s. has been weak. europe is worried it's going to go back into a recession. a whole bunch of stuff. people are a little nervous. the u.s. market had a pretty good run. it was near a recent high just a few days ago. up 200 points yesterday.

for the u.s. economy and the u.s. market it's not that big of a deal. 5% of u.s. trade is with the uk and about 10% of overseas corporate revenues are with uk companies. >> that's what surprises me so much. it's not a huge trading partner in terms of, you know, hour global alliances, and yet the stock market was down, what, at least futures were down 700 points at one point today. and the stock market itself down i think close to 600. >> yeah. yeah. yeah. no. it's been a big reaction. we are in a period of uncertainty and nervousness. the bad scenario is that this leads to more political turmoil in europe, more countries decide they are going to have votes. there will be a pulling apart of the eu. that's going to take a long time. the other bad scenario is that the british pound keeps falling, and that can create all kinds of disruptions. the uk, like the u.s., is a country that runs a current account deficit, so we borrow and they borrow every year, to fund their spending.

well, if people won't lend them money the pound keeps falling until people decide this is a pretty good deal. the pound has fallen a lot. if it keeps falling, it's a real concern. >> so speaking of deals, it's a great time to visit britain if you want a cheaper hotel room in terms of spending u.s. dollars. >> yeah. absolutely. to look at the bright side of things, yes. but the economy is likely to slow down. there is a risk of a recession there. so these things weigh on people. and people are nervous. >> the president, president obama, obviously campaigned -- made pronouncements, at least, against britain leaving the european union. obviously he has a little bit of egg on his face now. was he wise to get involved? should he have just stayed out of it? >> it's hard to know, right? the uk and the u.s. have a pretty tight relationship, and the uk was often a u.s. representative in europe. they did what we liked and we agreed with them and they pushed our agenda because we think more alike than us and the europeans

in terms of economic policy. so that's a loss for the u.s. so it's hard to say. >> so when does this actually -- the disentanglement actually happen? what's -- how do they go about it? >> it's going to take a while. the europeans are a little annoyed and a little impatient. so they could push things forward. the brits are sort of like, let us figure this out. cameron said my successor deal with this. there could be tension. if the europeans try to get it moving fast there could be tension and that could also lead to nervousness. >> ken brown, senior columnist at the "wall street journal." thank you for your insight. >> thank you. >> heather. quick programming note. don't miss a new fox news reporting documentary called "beware, danger at the doctor." one new study finds medical errors may be the third leading cause of death in america behind heart disease and cancer. this is considered an epidemic

and doctors are struggling to find a cure for it. >> one person with a storiy and janie. she was a navy corpsman and held several private sector jobs before studying to be a nurse. now she has a decade's worth experience as a nurse. laura ingles spoke to her. >> in 60 days of being a nurse i saw a pisatient killed by a medication error. >> that must have been a shock. fresh out of school. excited for your new career. >> worse than that, i discovered the medical error. >> don't miss it tomorrow at 8:00 p.m. eastern time with the host bell hemmer. you saw laura ingle. it will air again sunday at 9:00 a.m. don't miss it! well, markets and politicians are not the only ones shocked by britain's vote to exit the european union. the mainstream media across the pond has some egg on its face as well. our next guest explains how uk voters just gave their

establishment press a major reality check. dozens of people getting treated for burns after walking on hot coals as tony robbins' event. the latest response from the motivational speaker. >> i am out of words. i'm shocked. i've never seen this in all of my events. i have to say it has nothing to do with the training. it is absolutely nothing to do with tony robbins. youthat's why you drink ensure. sidelined. with 9 grams of protein and 26 vitamins and minerals. for the strength and energy to get back to doing... ...what you love. ensure. always be you. the verwin number one:n event you get america's largest,e. most reliable, most consistently fast 4g lte network.

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♪ everything your family touches sticks with them. make sure the germs they bring home don't stick around. use clorox disinfecting products. because no one kills germs better than clorox. nearly 40 people treated for burns to their feet and lower extremities following an event with motivational speaker tony robbins in dallas. fire officials say it happened after robbins encourage them to walk on beds of hot coals as a way to conquer their fears. well, five people were taken to a hospital. the rest treated at the scene. robbins released a statement through his company saying, quote, someone not familiar with the fire walk observed the event

and called 911 erroneously reporting hundreds of people requiring medical attention for severe burns. while we're grateful to the quick and robust response from dallas emergency services, only five of 7,000 participants requested any examination beyond what was readily available on site. so there you go. >> i think i would skip that fire walk. but that's me. great britain sending shock waves around the world after voting to leave the european union. now critics and supporters alike are taking a closer look at the media's coverage of the historic referendum. here is fox business network's charles gasparino sounding off on the bbc's handling of the vote. >> i've never seen newspapers, the bbc -- it sounded like over the last couple of days an advertisement for remain. the brexit people are fighting

establishment pressure from establishment politicians. conservative politicians and labor. fighting the depressed and air-headed celebrities, all coming out against brexit. maybe that's what the odds-makers are reflecting. >> joining me howie kurtz, the host of media buzz and a fox news media analyst. this is something to watch. bbc and mainstream media pushing for the brits to stay in the eu. then the tabloid papers kind of promoting to get out. >> the bbc, certainly the voice of london elite saying this was a terrible, horrible, bad idea. looking at the tabloids, there were years of coverage that was hostile to europe, not just the tabloids but principally the tabloids. this is what sold, that is what readers wanted it. a couple recent headlines. ten bombshells in the eu is keeping secret until after you voted. this one i liked.

greediest snouts in the eu trough. i saw one in the sun. checkpoint charlie's, euro judges open flood gates to illegals. that gives you some of the sentiment of what british newspaper readers were fed over a period of years making them for hostile to the european union. >> back to the bbc and the more mastream types. some of the papers and publications were on different pag pages. was there a back lash against that? they didn't like the bbc telling them how to vote, that they weren't smart enough to figure this out on their own? >> they may have been. i think this was a dismissive attitude toward many people backing brexit. these were a collection of moron morons, yahoo!s and others. kind of like people will donald trump. he isn't going to win the nomination because we can't see it happening. donald trump supported brexit,

though not in a vociferous way. there really shouldn't be so much shock and amazement. the polls showed that it was very tight. i think there was a collective attitude here and perhaps in the british media, in the end the brits will come to their senses and not vote to exit. >> was there a sense that some of the reporting was, if you are against keeping the uk in the european union, that you're racist, that you're xenophobic, you don't like immigrants? was there a strong push to that narrative? >> i think that there was. and, you know, it is a classic example of blaming the voters. the voters who in this case turned out, a majority of them, 52% i guess was the final tally, saying that what we get from the european union is too many burdensome regulations, open borders. there really are echos to the american political debate as well. and it doesn't make sense. i mean, every movement is a collection of groups and some of these people may have had less

than pristine motives but it doesn't make sense to blame the voters. the voters get to decide in a democracy. >> it's an interesting parallel. some people here who support building a wall, some donald trump supporters, are called racist because they want border security. seems like that was an issue over there as well. i am wondering, howie, what the message is. what's the takeaway for u.s. media as we go forward in this election having watched what just happened there. >> i think there are a couple takeaways. one is stop predicting the outcomes and rely a little bit more on evidence and don't just assume that because everyone you know, in your elite circles, thinks this is a terrible idea, whether it's the election of donald trump or britain exiting from the european union, that it's not going to happen. secondly, you know, trump has a lot of detractors. he has a lot of people who love him. he has obviously touched a nerve with a lot of people who are

media elitist who sometimes don't have contact with and respect for and that's totally shaken up the american political system. today donald trump in scotland holds a long press conference about this when he went there basically to hype the reopening of his golf course. >> good to see you, howie. we'll see you on sunday to watch your show "media buzz." severe weather flaring up across the u.s. parts of the east bracing for thunderstorms while crews are battling wildfires out west and hoping for a little help from mother nature. specially blended for your optimal nut-rition. that's right, i just changed a word in the english dictionary, forever. . .

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hello, everybody. martha maccallum in for gretchen carlson today. we will listen to the president as he speaks for the first time about the brexit vote. this after donald trump took a

swipe at him this morning. plus what does this vote mean for trump's chances come november? and the horrific flooding in west virginia. the likes of which has not been seen in the century. the governor's going to give a press conference at 2:00. we will go there live. we'll also talk to someone who is trapped in a mall with hundreds of other people, because of the flooding. all that coming up when we see you at the top of the hour. a fox news alert. any moment now in palo alto, california, the president is going to be delivering remarks at the global entrepreneurism summit in california. he's participating in a panel discussion with facebook's mark zuckerberg and other entrepreneurs. but one of the expected hot topics, obviously, is going to be britain's exit from the european union. now you might have heard that famous remark from, i believe it was april, when the president was in europe, and saying, you know, britain ought to stay in

the european union, because we're negotiating some trade deals with the union right now, and if britain gets out, they're going to go to the back of the pack. i'm paraphrasing. but essentially that's what the president said. >> the back of the queue. >> yes. >> as they would say over there. >> a lot of, well a lot of people took that to be a bit of a slap in the face to a country that has always held a special relationship with the united states. so again, president obama about to make some remarks at this global entrepreneurism summit. that's a tough word to say. >> it sure is. >> and we'll get the president's pronouncements on what he this. at least we're expecting the president will make some pronouncements on what he thinks. >> he did say a little bit earlier today, the people of the uk have spoken and we respect their decision. and then he went on to talk about that special relationship you mentioned. want to hear what more he has to add to what happened in that referendum. >> we'll see if he can lift the dow, which is now down 498

points. maybe they'll like what the president has to say. here he is from palo alto. >> thank you. thank you. thank you very much. thank you. everybody have a seat. thank you so much. thank you. oh, thank you so much. this is a good-looking group. thank you. well, first of all, let me thank president hennessy for the introduction, and the entire stanford family for letting us take over the campus for a few days. as some of you know, john is stepping down after 16 years as president of stanford. fortunately for me, i cannot do that. to -- to stick around longer than my term limits.

john i'm sure there's some people who want you to stick around longer. but, i've -- i'm confident that you're going to do extraordinary things. and we could not be prouder of john hennessy and stanford and all the great work that they have done. so please give him a big round of applause. that summer break, just so all of you know, stanford is not always this quiet. this school is unique. folks ride on bicycles everywhere. and athletes are also computer engineers. this is the place that made nerd cool. so -- so we are thrilled to be here. i know that i am not the first speaker that you've heard from. but, many of you have traveled

here from a long ways. we've got more than 170 countries from every region of the world represented. some of you, this is the first time you are visiting our country. so, let me just say on behalf of the american people, not only welcome to our global entrepreneurship summit but welcome to the united states of america. we are glad to have you. i'm not going to give a long speech blaus what i really want to do is have a conversation with some outstanding young people who are part of a panel and we're going to introduce in a moment. but i do want to begin by offering some opening thoughts about the time in which we gather here today. and i'm going to start with the british people's decision to leave the european union. the vote that took place yesterday. just a few hours ago i spoke with prime minister david cameron. david has been an outstanding

friend and partner on the global stage, and based on our conversation, i'm confident that the uk is committed to an orderly transition out of the eu. we agreed that our economic and financial teams will remain in close contact as we stay focused on economic growth and financial stability. i then spoke to chancellor merkel of germany and we agreed that the united states and our european allies will work closely together in the weeks and months ahead. i do think that yesterday's vote speaks to the ongoing changes and challenges that are raised by globalization. but while the uk's relationship with the eu will change, one thing that will not change is the special relationship that exists between our two nations. that will endure. the eu will remain one of our indispensable partners. our nato alliance will remain a cornerstone of global security. and in a few weeks we'll be meeting in warsaw for the nato

summit. and our shared values, including our commitment to democracy and pluralism and opportunity for all people in a globalized world, that will continue to unite all of us. and that is the work that brings us here today. the world has shrunk. it is interconnected. all of you represent that interconnection. and many of you are catalyzing it and accelerating it. it promises to bring extraordinary benefits. but it also has challenges. and it also evokes concerns and fears. and so part of why this global entrepreneurship summit has been so close to my heart, something that i've been so committed to, is because i believe all of you represent all the upside of an interconnected world. all the optimism and the