. >>> by the way, a big lineup later this morning guest host at 7:00 a.m., heidi heitkamp we talk to her about all these issues and some things happening in her state, energy is a big issue there. we will talk about what's happening with the energy complex. then at 8:00 a.m., senator rob portman, republican from ohio joining us, will be guest host for that. >>> back to the broader markets, joining me, director of fidelity investments. great to have you with us. good morning want to ask you about one of the biggest events in the markets, that was decline in crude. we saw crude oil down 4.4% what does this drop in crude tell us, especially since we are at the height of summer driving season, we are back at levels on crude prenovember opec production cuts. >> i think that clients in crude oil are really specific to energy and not representative of larger sort of repatching commodities. my favorite cater is cod raw industrials, which is a good proxy for the global economy that's been holding in very well i wouldn't read too much into energy weakness as an indicator of week driving. energ

heidi heitkamp from north dakota and martin walsh and scott maw, and phil mickelson in 30 minutes timeop of the show. lots to come on "squawk box" in ten minutes. >>> still to come, setting you up for the trading day with futures pointing to higher open on wall street stick around "worldwide exchange" will be right ckba [vo] when it comes to investing, looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward. at wells fargo, it's our expertise in finding this kind of insight that has lead us to become one of the largest investment and wealth management firms in the country. discover how we can help find your unlock. (b♪by crying) minutes old. ♪ a baby's skin is never more delicate. ♪ what do hospitals use to wash and protect it? ♪ johnson's® the number 1 choices in hospitals. >>> back to "worldwide exchange." i am wilfred frost with courtney reagan u.s. futures taking a lead from markets around the rest of the world. nasdaq was the best performer last week. joining us, steven england, hea

heidi heitkamp is one. >> kennedy: and schumer is sitting there, we want to work -- it's been all about obstruction and resistance. the other thing, i'm worried that these two parties get together because it's going to be even worse than obamacare, but democrats are starting to see that obamacare is officially in its death spiral. if this fails, then it means we are left with obamacare. that is a democratic problem. the only thing i can do is reach out and get some ideas. >> meghan: it's also kabuki theater for the cameras. these people shoved obamacare down everyone's throat. nancy pelosi said we are going to pass that evidence he was inside. they had no interest in working with republicans, no interest in working with conservatives. now and it could be repeal and replace, now they want to play ball? it's grandstanding for the cameras and it's ridiculous and it's why people hate chuck schumer. >> trish: why should they want to see it succeed? they couldn't get squat done. your health care is in worse shape. they are innate good spot. from their angle, they are saying will pretend like

she didn't have a single question for them, nor did senders heidi heitkamp and claire mccaskill, then the committee. why the silence? she joined us tonight. thank you for coming on, you wrote a powerful piece in "the new york times" in which you said that not only do these purported feminists in the senate ignore you, an actual woman who has suffered under sharia law, one of them, claire mccaskill questioned the reason for the hearing in the first place and ineffective school to do by implication for complaining about it. >> we were shocked. , we have lived experience in the phenomenon of an ideology of extremism within islam. it is a spilling blood throughout the world and it's causing too many casualties among women especially. we thought we would have an engagement with women and senders in particular. we sat there as i sit before you right now and they completely ignored us. i looked them in the eye and they never would even look us in the eye. this is a failure on the part of too many progressives in tackling the very serious issue of islamic extremism. if it's a crisis today an

there is some bipartisan support from even some democrats like senator heidi heitkamp, senator joe manchinagain, they've got to get through gse reform, they have to get through a host of other issues, and those russia sanctions. very busy to do list moving through the senate. david: tnk you very much. alex wayne there as well and tim o'brien joining me. our chief washington correspondent. here onaking news glencore. glencore seeking to buy allied stake for $2.55 billion. let's get a check on the markets this afternoon, bloomberg's julie hyman is here with the latest. the nasdaq, and the dow all touched intraday record straight however, it's a different picture right now. the nasdaq turned sharply lower, off 3/4 of 1%. the volume today is eye-popping, 20-day average, specifically for the nasdaq. selling on heavy volume. i have a new acronym for you. admittedly much more difficult to sacred goldman sachs highlighting this group. amazon, apple, microsoft, alphabet, or google. the low volatility in this group according to goldman's leading investors to underestimate their risks that could incl

moderates like joe manchin of west virginia and heidi heitkamp of north dakota who say they're willing to discuss improvements to obamacare. more liberal members like elizabeth moran for messages it's an bernie sanders from vermont are calling for universal health care. >> congress would love to work to get health care for -- fix what's wrong. >> claiming they want lower premiums but if they come with higher deductibles and higher co-pays, nobody benefits. it is a bait and switch. >> key conservative says doomsday predictions aren't fai fair. speak with the majority of americans get their health insurance from their employer or spouse or parent's employer. our bill doesn't touch that. that is a majority of americans right there. >> the test will be whether giving a time for the fourth of july break will only make matters worse. >> bill: thanks. mike emanuel from capitol hill. more on the health care reform effort with the chairman of the republican conference. senate is set to leave town. and what to condition do you depart? >> senate republicans are an entrepreneurial group. there is

and large, also remember that there are a few democrats, namely claire mccaskill from missouri, heidi heitkamp from north dakota. who expressed willingness, candidates who are up for re-election next year. kennedy: and states where donald trump happened to do quite well. >> that's right, they among others said yeah, if you come with a plan to make changes as long as it's not too radical, we would be happy to fix it. the republicans aren't going to offer anything really to the democrats, and the democrats aren't really interested in having a negotiation with republicans about legislation that they hate, and so what they will do is a kabuki dance where they pretend to be interested in compromise, maybe, maybe, and at end they'll say the other side is so bad it excuses our misconduct and never mind. kennedy: happens on bad tinder dates [laughter] . kennedy: thank you very much. talk about the tone of the speech, obviously, it was much more of a rally. and stock issues raised not only on the campaign trail but since the president was inaugurated that resonate with crowds that view him favorably. d

joe manchin in west virginia, he mentioned west virginia, heidi heitkamp in north dakota, senators up in 2018 and very trump friendly states. they're democrats. you know, at this point though, i think i hate to use the barge ship metaphor but i do think the ship has sailed on donald trump winning bipartisan support for almost anything. we saw the fbi director. that was an attempt to throw another piece of chum out there and say here's a story that this guy gets pretty good reviews. >> he named a new goib new fbi director. >> and now this story on infrastructure. comey testimony is, you can tell, look there right next to me is the comey count down clock. that tells you what people are most focused on. it's going to be a huge moment i think for washington and for his presidency. he knows it and he can't do anything about it. >> there is a huge infrastructure problem here in the united states right now. david gregory. if he says he wants to spend a trillion dollars there's a trillion dollars worth of problgs rebuilding roads, airports, bridges. there's work that needs to be done and this

belongs in the senate of the united states and let the moderate democrats from energy states like heidi heitkamps see if they vote for the paris climate agreement. stuart: a really good idea. that's original. >> that would be entertaining. stuart: welcome to "varney & co.". we like that stuff. really cool. mr. heninger, see you next week. >>> look who's here, dennis miller. comedian, dennis, look, thank you very much for being on the show today, dennis. you are a genuine star, it's great to have you with us. >> stuart. who was the guy on before me. i haven't seen that color orange in a golf shirt since don johnson was on miami vice. who was that guy? stuart: the ceo of squatty potty, and you well know. >> the squatty potty ceo. [laughter] i don't know what the little logo was on the shirt, and by the way, i think i heard the squatty potty say his product resonates? is that what he said? stuart: he did say that. [ laughter ] yes. >> good to know. stuart: he's trying help people poop. is that clear? >> i understand! but i don't know if i want to use the product and feel resonance down there in my

heidi heitkamp in north dakota, joe mentioned west virginia. let them step up and voted in favor of a treaty to stay in the paris accords. maria: the point here is this is an economic issue more than anything else. you are talking about all on slot of rules and regulations to follow which will ultimately slow down economic growth. >> still the best in the world in terms of reducing emission. they will improve the environment. >> is more technological development. much faster than a large part of europe in part because of hydraulic fracturing that led to the rise of natural gas. >> which the environmentalists oppose. it's so crazy. dagen: mark russell who is tweeting about how the world is coming to an end if we leave the paris accord is opposed to fracturing. how is he against this? he's just putting everything under the same relative. >> germany did the same thing. after the nuclear meltdown in germany, they backed away from nuclear energy which is much better than the environment. last year they burn 40% of their electricity comes from coles.

i get that point we did have senator heidi heitkamp here a democrat from north dakota and her point isdn't be allowed to export our oil, but i don't tell them that they have to leave their crops lying follow in the field, that they can't export their corn. >> that's the issue, right you mentioned the fact that we'll get to 10 million barrels a day potentially by next year that's the estimate in terms of production if we do, we need a place to go with that oil. we need a market to sell -- >> her point is it's an artificially low market particularly with the lng. i can see both sides of this argument >> yeah, it's tricky hard to say who's exactly right at this point. what i will say about president trump is, there is a method to his madness. he has a strategy. whether it's going to work long-term -- >> did you see the article i think it was in the journal, that basically after ten years of fighting over the dakota pipe lin it's getting done, but now nobody wants the oil >> right >> because we're oversupplied with oil >> interesting how these things have a way of changing >> supply and de