it's rugged, big-sky, cattle-ranching country.'m on my way to meet a lifelong resident whose father left him a chunk of this land. >> nice to have you here. >> thanks for having us. >> my name's clayton phipps. and in 1997, my father passed away, and i inherited from him a small portion of the family ranch. and along with that came a few pretty exciting surprises. >> 41-year-old clayton phipps is like a character out of "red river" or "lonesome dove." [ horse neighs ] >> most of the time, i'm on my own. i'm happy that way. this ranch had been in our family since my great-grandfather homesteaded here. and it's a part of me that i just didn't feel like i wanted to ever part with. >> clayton grew up and learned to cowboy here on the ranch his father shared with three brothers. he describes the operation as cash-poor but reasonably successful. >> my dad worked us hard, but that was a good thing, too. >> after clayton's father dies in 1997, the ranch is split up. at age 24, clayton inherits 1,100 acres and 30 cows. that may sound like

unabashed here -- [laughter] the summer meeting of the national association of attorneys general in big sky, montana, on june 20, 21 and 22. [laughter] and while you're there, while you're in montana, sir, we'd love to visit with you about indian country and public safety. thank you. mr. sessions: thank you. that's a big part, a big challenge for the department of justice. it really is. we had one indian tribe, small tribe, in my district. only one in alabama. i learned something about the challenges and legal issues. in going around talking to my colleagues in the senate prior to confirmation, which didn't do a lot of good for a lot of that, but -- [laughter] i listened and said i'd remember what i heard. i heard a lot about this issue. it really is an issue that hopefully we can do better. i would seek your advice on it. let me again thank you for the opportunity to be with you. to tell you that we've announced today the establishment of a federal task force that will bring in the work and advice of all our state and local officials. and this task force will be designed to execute what th

>> yellowstone club, big sky, it's all the same. it's great.iing here at yellowstone club and big sky than any other place in the country. >> fair enough. thank you, sir. great to see you. >> thanks. bye. >>> when we return, we have stocks to watch today. plus, winter storm stella giving the northeast the blues. the latest forecast and snow amounts straight ahead. >>> in the meantime, take a look at the futures. so far this morning, they've been under pressure for much of the day. just barely. dow futures still down by about 18 points. s&p futures off by two. the nasdaq down by four. "squawk box" will be right back. finally. hey ron! they're finally taking down that schwab billboard. oh, not so fast, carl. ♪ oh no. schwab, again? index investing for that low? that's three times less than fidelity... ...and four times less than vanguard. what's next, no minimums? ...no minimums. schwab has lowered the cost of investing again. introducing the lowest cost index funds in the industry with no minimums. i bet they're calling about the schwab news. sc

it's rugged, big-sky, cattle-ranching country.o meet a lifelong resident whose father left him a chunk of this land. >> nice to have you here. >> thanks for having us. >> my name's clayton phipps. and in 1997, my father passed away, and i inherited from him a small portion of the family ranch. and along with that came a few pretty exciting surprises. >> 41-year-old clayton phipps is like a character out of "red river" or "lonesome dove." [ horse neighs ] >> most of the time, i'm on my own. i'm happy that way. this ranch had been in our family since my great-grandfather homesteaded here. and it's a part of me that i just didn't feel like i wanted to ever part with. >> clayton grew up and learned to cowboy here on the ranch his father shared with three brothers. he describes the operation as cash-poor but reasonably successful. >> my dad worked us hard, but that was a good thing, too. >> after clayton's father dies in 1997, the ranch is split up. at age 24, clayton inherits 1,100 acres and 30 cows. that may sound like a lot. but to

it's rugged, big-sky, cattle-ranching country.my way to meet a lifelong resident whose father left him a chunk of this land. >> nice to have you here. >> thanks for having us. >> my name's clayton phipps. and in 1997, my father passed away, and i inherited from him a small portion of the family ranch. and along with that came a few pretty exciting surprises. >> 41-year-old clayton phipps is like a character out of "red river" or "lonesome dove." [ horse neighs ] >> most of the time, i'm on my own. i'm happy that way. this ranch had been in our family since my great-grandfather homesteaded here. and it's a part of me that i just didn't feel like i wanted to ever part with. >> clayton grew up and learned to cowboy here on the ranch his father shared with three brothers. he describes the operation as cash-poor but reasonably successful. >> my dad worked us hard, but that was a good thing, too. >> after clayton's father dies in 1997, the ranch is split up. at age 24, clayton inherits 1,100 acres and 30 cows. that may sound like a lot.

you can see the sign behind me, they are going to talk jobs and we were over at the big sky diner, goodood over there. the coffee was flowing and so were the conversations about donald trump. here's a little taste of that. take a listen. >> i think he's doing a fine job. he's my hero. all the bad stuff that has been brought up is all about the media and the democrats. >> how much do you care about his tax returns, seeing them? >> i didn't care at all about seeing them. >> do you think in the future all presidential candidates should be able to withhold their taxes? >> i think so. don't bother me at all. >> i never trusted him. from years and years in the past, the way he's treated his employees resorts in florida and casinos. i'm not going to give him a pat on the back at all. probably ever. >> pats on the back. all right. so no pats on the back from that. we'll tell you that the president is here to talk about cafe standards. we're talking about fuel efficiency and there is some expectation that he could roll back a late obama administration agreement that would force au automakers in

we spoke to a pretty small group of folks eating breakfast at the big sky diner not far from here. those who voted for donald trump on the november 8th are more committed to him oday. and likewise on the contrary, those who voted for secrery clinton or for someone else is more committed to their opposition to the president. there's still a lot of work to do to bridge that divide. as we've seen in the first 7 1/2 weeks with this trump administration, that does not seem -- that bridge does not seem to be build. there aren't any bricks or pavers going up to bridge that divide. so the country's still very divided, here am michigan, around the country. >> thanks, ron. steve, let's go back -- i think they're c.a.f.e. standards or is it -- >> you have it right. >> some people told us it's pronounced c.a.f.e. the standards, and you talked about how environmentalists are upset about this. but what will automakers do, do you think? because consumers want fuel efficiency, right? will they still be producing cars with greater fuel efficiency despite the fact they're not held to those standards

we went to the big sky diner earlier, good coffee and food and conversation going on over there, about five, six minutes away from this center for mobility. by the way, can you see some cars behind me, the president is expected to talk about jobs in this industry and technology. we are expecting maybe perhaps he'll announce rollback obama increase on fuel efficiency standards. we'll see. the president is running a little behind. we spoke to a small group at the diner, and i think anyone who voted for donald trump on november 8th is more dug in on their support for him. those that did not vote for him are more dug in today than they were today against donald trump. here's a trump supporter talking about all the various controversies we've seen in this first 7 1/2 weeks of the trump administration. take a listen. >> what do you make of just the atmosphere of this white house? there are a lot of controversies that we're covering in the in the first two months and it seems like it's been a year already because it's been one thing after another. >> well, it's mostly all brought up by the me