they did prefer a hensarling or a sessions. >> pete sessions, another text tex texas.nd below this is the house whip, which mccarthy is serving as, and it looks like that could be a three-way race that could involve his deputy winning, someone he tapped for that. so it shows you how difficult it can be to break up this establishment clique. >> i know kevin mccarthy has supported it, working mibehind e scenes to get some votes of the members. a majority of the republican conference to support this, i've been told they had as many as 144 in support to do something this year. before this election. and now half of that support has melted away. >> i think the results of cantor's defeat mean it's probably dead for this year. and that's unfortunate, paul, because i think there's a danger of reading too much into what happened to eric cantor. if you look at other races, renee ellmers in north carolina faced the tea party opponent, ran on immigration. ed gillespie in virginia, just won the republican nomination for senate. he is very pro comprehensive reform. so i think there i

he did prefer a hensarling or a sessions. cantor endorsed -- >> pete sessions, another texan. >> yes, two texans. cantor endorsed mccarthy for this position. and it's interesting, the step below this is the house whip, which mccarthy is currently serving as. and it looks like that could be a three-way race that could involve his deputy winning, someone, again, that he tapped for that. so, it shows you how difficult it can be to break up the establishment clique that the antiestablishment folks have been trying to do for a few years now. >> well, what about the future of immigration reform? i know kevin mccarthy has supported it. paul ryan and mario diaz-balart of florida had been working behind the scenes to try to get some votes of the members. a majority of the republican conference to support this, i've been told that they had as many as 144 in support to do something this year, before this election. and now, half of that support has melted away. >> i think the results of cantor's defeat mean that it's probably dead for th

in fact, jeb hensarling made that point 2010. to do that in 2011 when the republicans took over congress. the republicans controlled the house from '95 to 2006. no legislation passed about fannie and freddie. it wasn't until i became chairman under the democrats that we worked with paulson to put them into conservatorship and then in 2011 the republicans took over again and three and a half years since then they have done nothing so jeb talks a good game on fannie and freddie has literally, including his chairman, done nothing to advance that. >> i just want to make sure you're still on board because now we'll have a chance to move on this. i'm sure jeb still believes that fannie and freddie have to be dissolved. i don't know what his agenda will be. we'll see about that. >> we know what it isn't. larry, we know what his agenda isn't, and it apparently isn't to do anything about fannie and freddie except talk about them. >> want to bring in eamon javers in here from washington as we await this news conference. we're expecting to

the chairman of the house finance committee jeb hensarling 41. why? >> why?> it is pretty a clear. there is up pretty clever term but it is corporate welfare at the end of the day. one out of 1,000 probably have not heard about that but that substantially with the company's light ge '04 boeing than aix-les-bains they create american jobs the when that date helps boeing to sell a jet it hurts delta air lines their thousands of pilots blood dash pilots they cannot help also live in the import/export bank 18ge and others to build the oil refinery hurts the domestic industry. on and on for every job export import creates say kill with american jobs. >> what you are a pickenses is you can see the jobs created as a boeing but maybe the guys with your example but the smaller companies don't know for what is happening to them. >> i think i know was the challenges are ahead of me i have put 1,000 lobbyists kids through college to go lobbied in favor of them but it just is not fair. but i have a small business in my district. i export. but yet it is my taxpayers' money

hensarling is far more hard-core than eric is. eric got bitten because there are certain times when as majority leader you have to show some statesmanship. and he did that. and that's why these folks defeated him. i don't think that, you know, in a normal election, he would have lost. but they do say there were about 60,000 people voting in that primary. in our district 8 primary it was half that. >> this was not a fluke election. this wasn't by primary standards, this was not a low turnout election. this was not a squeaker, like i said at the top of the show. this was also not an example in open primaries in which democrats can vote. based on the early looks at the precincts, this was not democrats voting for eric cantor as far as we can tell. >> can i make a quick point? >> yes. >> apparently he lost in rico county, which is the richmond area. he lost by seven point, even in the most urban and suburban part. now his district had been redrawn to include more rural areas. but he even lost richmond, which to me indicates the republ

. >>> we are just learning republican congressman jeb hensarling from texas will not run for majority leader and we'll get a look at the other republicans jocking for that position as eric cantor reflects on his stunning loss. >> i was in my district every week. there is a balance between holding a leadership position and serving constituents at home. we'll take you live to capitol hill, virginia and this. >>> suspect may be driving a light or white-colored ford bronco. suspect is possibly armed. use caution. >>> today marks 20 years since the double murder that set off the infamous o.j. simpson bronco chase and the trial of the century as it was called. we'll preview a new film looking at the impact on race, justice and society and you can join our conversation on twitter. you can find me @tamronhall and my team is @newsnation. r ] there's a gap out there. that's keeping you from the healthcare you deserve. at humana, we believe if healthcare changes, if it becomes simpler... if frustration and paperwork decrease... if grandparents get to live at home instead of in a home... the gap

hensarling versus mr. mccarthy and in turn, mr.s the other texan may go for mccarthy's current job of majority whip. we'll see soon. connell: not sure whether or not, we used the graphic, description there was the next wall street darling, whether quote, unquote wall street darling whether majority leader in the house. charlie gasparino on liz last hour and brought up paul ryan. whether it is somebody else. maybe it is paul ryan or somebody else that gets the wall street money and wall street attention as a result of the shake-up? >> ryan has said today that he is not seeking this majority leader's job. connell: right. >> perhaps, we'll see what happens if he might have his eye on speaker's chair at some point. conventional wisdom he is thinking of running for president. he is not going to settle tore speaker of the house or majority leader. >> in terms of your question about the money. i think ryan would be an obvious funnel, or source, rather for that money to be funneled too. he will be most likely chairman of ways and means nex

the leadership. >> i think that jeb hensarling could not beat kevin mccarthy.ivided home base in texas because pete sessions, his colleague, was talking about running as well. and so the fact that you didn't have a unified push from texas and the fact that kevin mccarthy has been working this very hard to line up the votes dissuaded jeb hensarling and persuaded him to stay at his committee. >> and john, if it is kevin mccarthy, and we'll find out on thursday, what does that do if anything to change the dynamic for the house -- or for the leadership generally of the republican party here in congress? as we wait to hear from john boehner. >> pretty much nothing. ideologically, kevin mccarthy and eric cantor, his fellow young gun, as the trio along with paul ryan were known a few years ago. they're very ideologically similar. kevin mccarthy is a more genial and outgoing guy than eric cantor. sew might be so he might be a little more skilled at making people feel good than cantor did. cantor was burdened by the suspicion that he was always maneuvering to either for

jeb hensarling is a possibility.ou can see who are the top five contributors to his election cycle. rent-a-center, the industries that are the top insuranceibutors, companies, commercial banks, securities and investment, real estate and miscellaneous financial groups. those of the folks contributing to jeff have -- to jeb hensarling. take a look at pete sessions, republican from texas. you also have talk about tom price who is a republican from georgia. he also could be a contender in leadership. his top five contributors are -- that gives you an idea of the folks that could replace majority leader eric cantor in leadership and become the number two in the house. we can also take a look at the kevin mccarthy numbers -- he, too, wants to move up in currently he is the whip, the number three in the house. look at who is contributing to his funds -- there you have some numbers for you to chew on. we are asking republicans and tea party members only this morning -- is the party divided given what happened in the seventh

tonight i will pray that jeff hen he hensarling runs. p they want to make this more on a referendum on leadership or more of a litmus test for the members, it will be a whole lot more messier. >> for conservatives across the country, they have been frustrate ad long time. they are looking for a leadership in washington, d.c., that got their power because of the tea party wave and have done very little with it. they are looking for folks that have been focused on conservative principles. the majority leader has a limited power and given to him by the speaker. and so this, i think, should blow away the top. i was one of the few that voted against john boehner. this is a message we need to change out the whole team. >> the cam subpoena one of the few that actually talked publicly about this. but he's not the only member of congress that thinks that way. as a practical matter and race to replace cantor, it is likely that only sessions or hensarling would run, not both. no matter which congressman runs have the entire 36-member texas delegati

absence after real conservative challenger like hensarling.ccarthy would have distinct advantage considering contacts and sources he has and relationships on the hill. eric: hensarling is out and mccarthy takes it, what does that mean for the tea partiers? >> the tea partiers will take the cantor loss as a way to embolden themselves very much on the hill, even though that is one victory in, and there have been a number of other losses to tea party candidates in this election cycle. i would just like to see the republican party and republican leadership not cave to the tea party over the issue, for example of immigration reform. i think for the party's presidential prospects this is something they have to deal with. dating back to john mccain's collapse of his campaign in 2007 to mitt romney having to do, jump in a hula hoop and, raise this idea of self-deportation which very much hurt him with hispanics. and even more recently, marco rubio coming out on mimi graduation reform being a leader and having to go back and hide from it because he got

there is some discussion of jeb hensarling being someone else out there. paul ryan is another candidate. walid is with us as well. we will talk about the drama we saw yesterday, 225 miles northwest of baghdad. >> our twitter question of the day -- ♪ >> good morning, everyone, and incredibly busy morning. on "market makers," stephen miller, the nonexecutive chairman of aig. new at aig ands steve miller will be on "market makers." this is "bloomberg surveillance." incredibly busy news day. let's move to iraq. 225 miles northwest of baghdad, less than 100 miles from the had troopser, mosul fully. ian bremmer joins us from atlanta. how should baghdad adapt and adjust to the taking of these territories? important thing they should do is try to work thether with the sunnis and kurds to fight them. the kurds are calling them because it's fair territory in the north. nouri al-maliki has been reluctant to do so. the reason he was reelected was because of the divisions. secretary and fighting is growing quite a bit in this country. >> within those divisions between

then jeb hensarling and pete sessions chairman of the house rules committee and jim jordan from ohioing he will not jockey for the seat. it could lead to a domino effect. >> it is not just the majority leader it it bump down. pete sessions from texas is in the mix. it will be interesting to see how moderate republicans use their position in the caucus now. some are worried. >> chris mcdaniel both say this is a chance to change the stat cuss quo -- status quo in dv. >> people aren't happy with the same things in washington. they want republicans to be bold they want us to be for reducing taxes and against corporate warfare. they want us to be against raising the debt limit. they want us to stand firm on what we are supposedly for. i think the gentlemen who ran it was as much of an ascertainment he is somebody who will carry that forward. >> people of this countryfinall. they know washington, d.c. is broken. they know we are headed in the wrong direction. to fix that we can send new people to washington to represent us. he claims it was too risky to notify congress. >> he did say the a

. -- jeb hensarling as the conservative challenger. we could be looking at his abdication from the house i natural services committee. there is -- financial services committee. there is a lot of important work that he would be stepping away from. there is a reauthorization and is very important to boeing. but then you get into the next congress and we have just seen what i would call an epic frail -- what i would call an epic fail of fannie and freddie. the conventional wisdom that has emerged on the tail of that is that we are unlikely to see housing reform until 2016, partially because jeb hensarling has had a hard line about not only ending fannie and freddie, phasing them out, but not replacing them. a new chairman might shake that up. >> chuck, before we let you run, i need to ask -- cantor was popular on wall street in part because of his stance on the issues you just mentioned. who is wall street going to champion now? well, the important thing is the readthrough for this next republican primary and for this fall. it won't matte

now hensarling presumably stays in that position. that locks down that race.ke a two-man race for majority leader next week. it's still very unsettled, though. still at least some possibility that one or two more names could get into this race before all is said and done. but jeb hensarling says he's not going to be among them, scott. >> what a scramble it is, eamon, to watch. thanks for bringing us that breaking news. and of course we'll stand by to hear from the house speaker, john boehner, 11:30 a.m. eastern time. we'll have it for you live in "squawk alley." and speaking of "squawk alley," let's send it over now to jon fortt with a look at swhaels coming up from the north side festival in brooklyn. all the hipsters are out, jon. 140 characters or less. >> all right. there's more than that. recodes, cara swisher, decodes, the twitter shake-up, and rent the runway ceo coming up on "squawk alley." don't miss it. ♪ [ girl ] my dad, he makes underwater fans that are powered by the moon. ♪ [ birds squawking ] my dad makes airplane engines that can talk. [ birds

jeep hensarling and pete sessions and kevin mcelderccart. for rr, how d issue, particularly as the 2016 presidential race begins. thouldroub for jeb bush and reform marco rubi bothapopul anti wall that toppledca forcr a mixed bag if immigration remains there, it could impact a hillary clinton campaign. brian, for presideob li t, cantor's somuse could do busess with ad all bets are off with a host of issues, let alone immigration. >> chuck todd rounding out the reporting, thanks. >>> overseas tonight, a big styot bger day. this i happening with unbelievable speed. the governmen oqs in a state of shockse violent islamic group launched an invasion, takeover or major cities andtey. they szed someri where this group sweptss the country. they also control parts of neighboring city syria and took mosul, krit ramadi, fallujah so far. we have more o report. conol e and the iraqi laq security are , bos appearbestri uniforms, leaving them in the s, abdoningposts, weapons and vehicles. they are retreating from islamic extremist who consolidated control

mcmorris rodgers -- i think the other thing you have to look at is, like jeb hensarling, who said he wasn't going to run, mcmorris rodgers has very young children as well. the additional job that you have, the additional responsibility is actually quite a lot. i think in both of those cases, hence are laying and mcmorris rodgers -- hensarling and mcmorris rodgers, that might have played as well. guest: i think you need to keep someone like mcmorris rodgers in service. when you look at the 2016 field, women are not something to be overlooked in this next election. they have made up 53% of the electorate. hillary will make that appeal very clear. just as one caller mentioned that african-americans voted overwhelmingly for president obama, and they normally do for democrats anyway, with the first woman running, and you have a lot of women who have come through the feminist movement -- they are going to be as fired up to get to those polls. host: good morning. thanks for waiting. caller: good morning. the american people got what they deserved by voting for who they have over the years.

and i don't think jeb hensarling is actually looking to run. he still seemed undecided late today. so it looks like mccarthy seems poised to be the next majority leader. >> robert costa from "the washington post," thanks so much for your time. >> thank you. >> now, let's talk about eric cantor for a second. eric cantor had positioned himself as an ally of the very tea party that ultimately unseated him. now, along with mitch mcconnell, crabtor has been one of the most damaging obstructionists of the obama era. it was cantor who was a prime architect of 2011 debt ceiling standoff that made tea party recklessness the new normal in washington. >> cantor proposes the that they do something which had not been done before, which is to use the debt ceiling vote for maximum leverage, and threatened to throw the country into default. >> cantor saw the threat of a no vote as leverage to force the president to accept dramatic spending cuts. >> eric cantor's decision to help lead the push to risk the full faith and credit of the u.s. was unprecedented as a political tactic. and it worked. the

i don't know if that's going to set very well with the tea party caucus and those like hensarling whohonest attempt at this leadership post. there's more drama to come here. i do not see this going as a nice clean vote on the 19th of june. there's going to be a lot of wrangling. you've already seen pete sessions announcing earlier, i'm in. so this door is open, baby, and now it's time to grab the popcorn and watch it's like volcan mind games. when they say, this is my guy. i mean shouldn't he know better than to say i want kevin mccarthy to fill my spot in that's going to make the base and contingent party not to have mccarthy in there. >> one thing about kevin mccarthy that's interesting to note, he played a really big part with the new members. a lot of the tea partiers were supported by mccarthy, were given pep talks by mccarthy. he went to their districts sometimes when they were running in tough races when they thought they wrntd going to win. so mccarthy has been able to engrash yat himself over the longish term. he doesn't line up with them i'd lodge lick because he's from cali

two are texas republicans jeff hensarling and pete sessions and the third is california's kevin mccarthy. and while here on capitol hill today, members of congress were consumed with the question who would become the next majority leader, but the implications of cantor's loss go well beyond the corridors of washington power. for the republican power, how it handled the immigration issue, particularly as the 2016 presidential race begins. this could mean trouble for pro-immigration reform republicans like jeb bush and marco rubio. two potential 2016 winners? ted cruz and rand paul. both have successfully tapped into the popular anti-wall street wing, the wing that topped cantor. for democrats, the loss is a mixed bag if immigration remains divisive for the gop campaign, it would help hillary clinton trying to woo hispanic voters. brian, for president obama, believe it or not, cantor's departure could be bad news. cantor is someone the white house could do business with and now all bets are off when it comes to a whole host of issues, let alone, of course, immigration. >> chuck todd roundi

pete sessions of texas is ending his bid and congressman jeb hensarling did as well. the current majority whip served less than eight years in the house. the race to replace mccarthy as majority whip is a different story. three congressmen are all tlie yooiing that position. >>> she was a star on the screen and stage and a power house for civil rights. rue bee dee has died. her career spanned seven decades from "a raisen in the sun." >> hey, you old drunk. what did i tell you about drinking in front of my stoop. move on, you're blocking my view. >> the map just tend to his own business. i love everybody. i even love you. >> hold your tongue. you don't have that much love. . >> one day you're going to be nice to me. we may both be dead and buried, but you're going be nice, at least civil. >> she was nominated for an oscar in her role in "american gangster." together they were political activists and worked for rainfall e equality. rue bee dee was 91 years old. >>> investigators are hoping for a rebound after losses on the s&p yesterday. the dow was down more than 100 p

this is from congressman jeb hensarling's office. he said he will not run as majority leader. i am humbled by the calls, emails and conversations by my colleagues encouraging me to join the remainder of the congress, i will not be a candidate next week and so that leaves the race between the majority whip, kevin mckarthy and house rules committee chairman pete sessions, the republican from texas, obviously, if nobody throws their hat into the ring, but jeb hensarling, big news in the political world and we'll be right back. . it was different than the other times i tried to quit. along with support, chantix (varenicline) is proven to help people quit smoking. it's a non-nicotine pill. chantix reduced my urge to smoke. that helped me quit smoking. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these, stop chantix and call your doctor right away. tell your doctor about any history of mental health problems, which could get worse while taking

mcmorris rodgers -- i think the other thing you have to look at is, like jeb hensarling, who said he wasn't going to run, mcmorris rodgers has very young children as well. the additional job that you have, the additional responsibility is actually quite a lot. i think in both of those cases, hence are laying and mcmorris rodgers -- hensarling and mcmorris rodgers, that might have played as well. guest: i think you need to keep someone like mcmorris rodgers in service. when you look at the 2016 field, women are not something to be overlooked in this next election. they have made up 53% of the electorate. hillary will make that appeal very clear. just as one caller mentioned that african-americans voted overwhelmingly for president obama, and they normally do for democrats anyway, with the first woman running, and you have a lot of women who have come through the feminist movement -- they are going to be as fired up to get to those polls. host: good morning. thanks for waiting. caller: good morning. the american people got what they deserved by voting for who they have over the years.

. >> reporter: two texans are also in the running, jeb hensarling and pete sessions. >> we'll see what happens. i think we work very well together. >> reporter: the party votes june 19th, next thursday. if mccarthy wins, republicans will also need a new whip. members are already throwing their name in the hat for that. cantor's announcement came after a tearful private meeting where house speaker john boehner called for unity. >> he's doing the right thing for the conference. he wants to keep us all united. >> he was held in high regard as a leader. so we're feeling the pain. >> reporter: still up in the air whether there is any chance for immigration reform. that's the issue that propelled cantor's opponent to victory. >> eric cantor saying he opposes amnesty is like barack obama saying he opposes obama care. >> any degree of even modest support for immigration can be effectively cast as pro amnesty. >> reporter: a shocking defeat, leading to a big political shake-up and perhaps more gridlock. but one thing we do not expect to change, house speaker john boehner says he's not stepping

one thing to watch his jeb hensarling. if he does not run against kevin mccarthy, keep an eye out if he mounts a campaign against john boehner. >> eric cantor was known as being friendly to big business. what is the business impact so far? --we have seen bowling bowing falling. you have other piece of which is some doubt -- in some doubt. there are also concerns about highway funding. eric cantor had the idea of ending postal service on saturdays and using the money for a short-term patch. the biggest one of all, immigration reform. eric cantor was not a supporter of comprehensive reform but he was open to discussing aspects of immigration reform and that is effectively over. for foreigne visas workers. peter cook, thank you. join me for more is a real estate entrepreneur and political activist. eebles is vice chairman of the board of congressional black caucus and he was an active fundraiser for president barack and president bill clinton when he was governor of arkansas. great to see you. >> great to see you. thank you f

style, as he discussed on fox news sunday today, deferring to house financial services chairman jeb hensarling say let's let the import/export bank expire. that's significant for a gop leader. speaker boehner is still going to be a large influence over policy and politics. kevin mccarthy's going to work with him. as far as mccarthy's concerned, this is for the next two, three years. >> we'll keep an eye on it. david drucker, thank you so much. >> thank you. >>> it's time to cheer on america in the world's cup. up next, we'll go live right there, where sockers fans are getting ready to support team usa. we'll bring it to you live. ♪ ♪ ♪ have your next burger with a side of awesome. the one-of-a-kind, creamy blend of sweet and tangy. miracle whip and proud of it. ...you have to leave the couch to believe. seize the summer with up to 40% off hotels from travelocity. now they're part of our 2 for $25 guest favorites!r one olive garden dishes. get your all-time favorites like creamy chicken alfredo. plus unlimited salad and breadsticks and dessert. 2 for $25 guest favorites at olive garden. that's

congressman jeff hensarling while he hadn't decided if he'll support it, here's urging renewal of the program to come to the senate floor before its september expiration. >>> the committee will come to order. without objection, the chair is authorized to declare a recess of the committee at any time. the chair is entitled to examining the reauthorization of the export-import bank. corporate necessity or corporate welfare. i now recognize myself for six minutes to give an opening statement. today we'll examine the obama administration's request to reauthorize the export-import bank. first, we should examine where the money comes from to finance ex-im. whose money is it? well, obviously it is taxpayers' money. the cashier at the corner grocery store. it's the cop on the beat, your children's teachers, the small business owner struggling to keep the doors open in a tough economy. where does the money go? it goes to foreign countries and foreign companies in the way of direct loans and credit guarantees. the taxpayer money goes overseas to china and russia. nations that openly challenge o

congressman jeb hensarling of texas chairs this financial services committee. california's maxine waters is ranking member. live coverage here on c-span 3 should start momentarily. >>> once again, we're live on capitol hill. the house financial services committee convening a hearing on the reauthorization of the export-import bank authorization expires in september. politico has a story on the ex-imbank and its uncertain future. on tuesday house speaker john boehner declined to say whether he thinks the export-import bank should be authorized, throwing into jeopardy a program seen as key to american businesses after majority leader-elect kevin mccarthy of california said bluntly sunday that he thought the private sector should absorb the bank's function. across the capitol, the article goes on to say senate majority leader measure mcconnell said while he hadn't decided if he'll support it, here's urging renewal of the program to come to the senate floor before its september expiration. >>> the committee will come to order. without objection, the chair is author

attacks which could put private information about millions of consumers at risk representative jeb hensarling and senator craig believe that this expansion represents an unwarranted intrusion about the private lives of ordinary americans is the ranking republican on the senate banking housing and urban finance committee while answer lena is chairman of the house financial services committee according to the washington examiner the database is expansion means it will include a host of data points such as a mortgage owner's name address social security number all credit card and loan information and account balances now the database will also include the mortgage holders entire credit history including delinquent payments late payments minimum payments high account balances and credit scores oh and it will also resemble household demographic data which will include things like racial ethnic data gender marital status religion education employment history military status household composition number of wage earners and a family's total wealth and assets wow now if this seems a little intrusive t

attacks which could put private information about millions of consumers at risk representative jeb hensarling and senator mike crapo believe that this expansion represents an unwarranted intrusion about the private lives of ordinary americans is the ranking republican on the senate banking housing and urban finance committee will answer lena is chairman of the house.

jeb hensarling of texas sits as chairman of the house financial services committee is their guy who theyould like to see challenges speaker boehner or run forever cantor's number two slot. the hill reporting this out this morning. cantor has canceled his national association of manufacturers speech. chris coons will be speaking today. mark in orlando, florida. democratic caller. my question is -- i missed what the first caller said. was a localy there issue. host: the first caller was from virginia from the seventh district. he said he had voted for i dave brat. he said the media has it wrong. this was about getting eric cantor out, who had lost touch with his district and was too much part of the establishment and that was not a big tea party movement. caller: i live in orlando. the last time i saw her in orlando was to protest against a movement. i'm a progressive and all of that. i disagree with 99% of republicans. people are starting to wake up -- they need people to be responsive to them in a meaningful way. who reads white guy newspapers every day. maybe i'm part of that generation

representative jeb hensarling and senator craig though believe that this expansion represents an unwarranted intrusion about the private lives of ordinary americans is the ranking republican on the senate banking housing and urban finance committee while hensarling is chairman of the house financial services committee according to the washington examiner the database is expansion means it will include a host of data points such as a mortgage owner's name address social security number all credit card and loan information and account balances now the database will also include the mortgage holders entire credit history including delinquent payments late payments minimum payments high account balances and credit scores oh and it will also resemble household demographic data which will include things like racial and ethnic data gender marital status religion education employment history military status household composition number of wage earners and a family's total wealth and assets wow now if this seems a little intrusive that's because it is this mortgage database is unprecedented and would

but there are many others, like jeb hensarling from texas. others will position themselves for leadership. paul lyons says he's not going to do it. >> that's right. what about jim jordan of ohio, kathy mcmorris rogers, lynn jenkins of kansas -- names are flying all over the place. but these elections will happen at the end of july as well. what does it mean for the gop and coming together moving forward before the midterm? >> well, it means that these lawmakers are going to be looking closely at the issues they vote on. this had an amazing impact. we talked last night at length about how this likely wasn't solely about immigration because it was a big anti-establishment vote for dave brat. he did campaign against cantor on the issue of immigration. and with the breaking news out west about the children -- illegal immigrants being in arizona and texas, it seemed to compound that issue but i think you're going to see immigration reform move to the back burner again. i think the hopes of passing something comprehensive for supporters of that are

people like paul ryan and jeb hensarling, want open markets. if big business wins that is okay and if small business wins that is okay. melissa: how -- he didn't know h do enough after financial crisis. he had too many ties to goldman sachs. and then in the very end he was not hard enough on immigration. too much middle of the road. sound like kevin mccarthy is at least that and more. >> maybe, a little different focus. he is a werner calfornian. i think that is good to the extent the republican party is listening more to silicon valley than to wall street in terms of the innovation culture and what it takes to create new business. melissa: okay. i can't let you go without showing you a picture of this. this is really unbelievable. firefighters in lake whitney, texas. they set this mansion on fire. as it is falling off a cliff, i expect wiley coyote to come in the picture. they're burning the house down before the whole thing collapses into a lake. local authorities saying they didn't have too many options when it came to demolishing the colapp

fellow texan jeb hensarling has dropped out saying, although i'm humbled by the calls from my colleagues, encouraging me to return to leadership, i will not be a candidate for majority leader next week. here's house speaker john boehner. >> i do think the members are going to make this decision. we're going to do it next week. i'm sure some will argue it was too soon, some will argue it was too long. but it's important we resolve this issue in a fair amount of time so that we can do the work that we were elected to do. >> now, with hencer ling stepping aside, that avoids a texas versus texas feud. but this will all be sorted out in a week. >> my mom just called me because she is the queen of cliches. it's put your hat in the ring, not your ribbon in the hat. mom knows best always, right? what is the mood now? i know we heard from nancy pelosi and other democrats, right? >> that's right. nancy pelosi says she is too busy to be gleeful. but some people were pushing her buttons trying to get her to engage or to laugh about the bit of chaos on the republican side of things at this point. she

others have remarked on this, if you look at some of the others running for this spot including hensarlingcertainly a point posture of the business community and the markets as a whole, particularly the business community in new york. it will be interesting to see, republicans have done a dpood job of deflecting things away from healthcare and some of those issues. the bigger issues having bergdahl and whether or not that release should have taken place and issues that have not normally been ascribed to republicans. it's going to be interesting to see how they play this. from a legislative standpoint it's hard to imagine anything meaningful being done between now and the end of the year and anyone who had hopes of immigration being addressed, i don't think that will happen. >> maybe beyond depending onbey. lloyd blankfein speaking out tonight about his concern over eventual gridlock reemerging, you cited it as a real positive, now you have to wonder if we'll go back to washington's old ways. >> i can understand those concerns, but i think we preebl shouldn't jump too far ahead of things he

hensarling, who unfortunately didn't bring a lot of money into his district, but maybe he didn't work the district. i don't know. and mr. mccarthy, who always supported the ex-im bank, did have over $69 million that came into his district. this is about jobs. my colleagues on the other side keep saying, we're going to do jobs. we're going to do jobs. where are they? people seem to have a very short memory. when we went through the great crisis, nobody went after the banks. nobody went after the insurance companies. when we look at the ex bank and we hear my colleagues talking bf that they found four employees, can i remind everybody, yes, they found four employees. they did an investigation, and they let them go. that's the way the system works. anybody that understands any business, there are always going to be people that are going to try to rig the system. if we brought this bill up on to the house floor, we would get it passed. so stop with this. let's do jobs -- >> time of the gentle lady has expired. the chair now recognizes the gentleman from illinois, mr. hultgren, for one min

the republican who was seen as the biggest threat to him jeb hensarling of texas decided not to challengean pete sessions entered the race only to quickly back out in the face of mccarthy's strength. yesterday afternoon a tea party friendly conservative who was first elected in the gop wave of 2010 jumped in the race. the question is whether labrador actually has a chance to twin. he entered the race late, but there are conservatives who are now trying to stoke grassroots opposition to mccarthy to the idea of handing off cantor's slot to another establishment figure. conservative writer phillip klein of the "washington examiner" wrote that, quote, if republicans respond to the shocking primary defeat of majority leader representative eric cantor by elevating his handpicked successor representative kevin mccarthy it would be beyond tone deaf, it would be pure absurdity. red state's erick erickson wrote a post simply titled "not mccarthy." are the skids greased for mccarthy or is there another conservative backlash that nobody see sees cocoming? and here is our panel to discuss. you're cove

know, in the battle for replacing cantor as the majority leader of the house, again, congressman hensarling has launched his share of ugly attacks on president obama, like this one. listen. >> i'm not sure how much more damage one man can do. i mean, bless his heart, he's clueless when it comes to what it takes to create a job. ultimately, i fear he doesn't believe in the same american exceptionalism we do. ultimately, i believe he's putting us on the path to becoming a european-style social democracy. >> now, this guy could be the new majority leader, the number two guy in the house. are we going to see a mad grab for leadership with ugly attacks on president obama, mudcat? >> well, the first thing they better realize is this election had nothing to do with barack obama, absolutely nothing. i mean, here's been -- here's one of the president's number one critics, eric cantor, and he gets the hell beat out of him in a primary in his home district. this was a referendum on eric cantor. this race was the a, b, c, race, anybody but cantor. wasn't about immigration. >> we're going to run out of

fellow texan jeb hensarling pulled out of the race.se speaker john boehner did not throw his support behind either candidate, but said he would work with whoever wins. >> the members are going to make this decision. we're going to do it next week. i'm sure some will argue it was too soon, some will argue it was too long. but it's important we resolve this issue in a fair amount of time so that we can do the work that we were elected to do. >> ifill: boehner also said american's frustration with president obama's failed policies contributed to eric cantor's loss. but house minority leader nancy pelosi said republican leaders are to blame and that a new leader won't make much of a difference. >> we have not passed inflation. we have not passed the voting rights act which has always been bipartisan. we have the votes for the immigration bill. it passed the senate in a bipartisan way. so i don't know how things could get worse than the obstruction that is already here. >> ifill: eric cantor, who was defeated tuesday, will serve out his ter

. >> two texans also in the running, jeb hensarling. if mccarthy wins, republicans will need a new whip and republicans are throwing their names in the ring for that job. >>> the upcoming ipo by go pro. in the latest filing with the sec go pro plans to sell almost 18 million shares at about $24 a share. that would value the company close to $3 billion. the company also appears to be taking care of its employees, allowing them to sell their shares immediately. no word yet on the exact date of the ipo. >>> new this morning, expanding its restaurant beyond the bay area. the cafe chain opening up a location in l.a. it will serve up more than the usual fare. the chain will cater and night crowd with sandwich and burgers and cocktails. back in 2012 for about $100 million in cash. >>> california ride sharing companies have two weeks to stop giving rides to and from airp t airports or risk being shut down altogether. bob redell is live outside san jose airport and this is something that state regulators say that the companies are doing that isn