america has spoken, split decision, control of house of representatives flip to go democrats securing 216 majority on senate side republicans keep control of the senate and add seats, the gop flipping four seats so far and three races are still left to be called this morning. arizona, nevada and montana. we are on all key races and what it means to trump administration and booming economy, what happens to policy now, markets are rallying, expected to be up 180 points, three quarters of 1% higher, s&p is up almost 1% and nasdaq is up 1 and a quarter percent. 85 points higher on nasdaq, this after markets closed near high yesterday, in europe this morning money moving to stock as well. cac quarante in paris up 1 and a half percent. in asia overnight, markets finished mostly higher with the exception of china, all the

stories and joining me to break it all down fox business dagen mcdowell, benchmark managing partner kevin kelly and former utah congressman jason chaffetz, great to see you this morning. >> this is like the super bowl, i love this stuff. maria: it is. one major take away? >> i think the strength of president trump in florida really has impact up and down the ticket going into 2020. maria: that was such an important race. >> wow, took senate seat away from democrats and won with a very conservative run desantis. kevin: one of the interesting aspects in a lot of the financial notes i've been read asking the pharmacy and biotech sector may do well in this sort of split congress scenario because the restrictions on drugs pricing can be taken away due to stalemate, that was an interesting note i was reading about how there's been talks from the administration and the republican congress about drug pricing and now a stalemate may

just give pharmaceutical companies to keep raising prices. >> with all due respect, i totally disagree. i think elijah cummumgs are going to pound on pharmaceuticals and you have donald trump that says, let's reduce prices. i think if you are pfizer, you will take a hit and the like. maria: we will see how that plays out but also financials because maxine waters in charge of financial oversight committee. dagen: republicans will be even stronger the senate adding a number of seats with those still to be called. it would be easier to crack down on whatever the house tries to do and then the president has a -- has the power of the veto but also with judicial nominees and also political appointees it gives the republicans greater leverage there and also on

spending controls, again, it's -- if we are going to start worrying about the debt and the deficit now then that will fall on republican shoulders and the senate. >> totally agree with what dagen is saying along those lines, yes, absolutely, that is -- i think the spending out of washington, d.c. will increase, democrats now have to generate the first bill. kevin: happens every year time and time again. maria: the democrats have been complaining about trillion dollar deficits. >> yeah. no evidence of over last 5 years that they care about this. dagen: a number of issues to see whether president trump changes rhetoric on immigration, changes stance, tries to get deal done and also we can break down the way the races worked out but this is a victory for the democrats and the house and victory in some state governors' races and you have the gender gap was front and center.

maria: yeah. dagen: women came out strongly in favor of democratic candidates, 14-point margin, if you look at college-educated women, 26 points in favor of the democrats and then suburban women, 17 points. there's a female problem for republicans looking ahead to 2020, they have to figure out a way to fix it. maria: a lot of leadership changes to tell you this morning, democrats taking control of the house of representatives and all of its investigative and oversight power, current minority leader and potential house speaker nancy pelosi addressed prospect of impeaching president trump last night in an interview, watch. >> it depends on what happens in -- in the mueller investigation but that is not unifying and i get criticized in my own party for not being more in support of that but i'm not, if that happens, it would have to be bipartisan and the evidence would have to be so conclusive. maria: joining us to talk more

about this form ensenior adviser author of mark penn, thanks for joining us, give us your reaction of results last night and i want to ask you about the leadership change, what does it mean for current investigation that is we have been covering so closely, doj and fbi investigation. >> it is unprecedented split decision, i think the voters administered rough justice. i think the republicans in congress had 13% approval rating, health care, they are angry at republicans, 40 of them quit, i think in the senate you had the opposite happen, the democrats went too far if kavanaugh, the voters said i don't want democrats in the senate, i don't want the democrats in the house and the voters got exactly what they got. maria: how does this play out in your view? >> well, i don't think anybody much expected to happen in 2 years running up to next presidential election and nothing much is going to happen. i think, though, that the investigations are going to play themselves out because i think on the one hand the mueller report is going to come down and

now deliver it in the hands of democrats but impeachment with this kind of senate is pointless exercise and democrats will realize that. on the other hand, now trump can go ahead and appoint new attorney general and maybe get a second independent counsel to go investigate the investigators which everybody else has wanted to and so that greatly changes dynamic. hey, the trump white house has been more investigated already than anyone ever was so the house is not going give him -- >> first thing is first, there are more than 50 democrats in the house who said i will not vote for nancy pelosi so what happens in that speaker's race and then also you have, you know, the whip and the other leadership races in the democratic side of the house? maria: one individual voiced interesting voice in speaker role, i asked him about running for speaker and unseating nancy

pelosi, watch this. after 2016 election you wanted to unseat nancy pelosi to become speaker of the house, are you running for speaker to have house this time? >> we have a couple more days, there are a number of candidates that are having conversations that are talk about running, i will say it's not going to be a coronation. somebody is going run for leadership. i think it's important that we have this discussion and have this conversation and i think the american people want a change, i think a lot of democrats want a change and so we are going to have that discussion starting, starting on wednesday and let's hope we are having a conversation about speaker of the house and not leader to have minority party in congress but there's a lot of conversations happening right now, people from across the country, different candidates, different demographic who is are talking about running for that leadership. maria: mark, what do you think? >> i think pelosi will be speaker of the house, i think her hand strengthen by a larger

california delegation but i think she will serve a year. give me my victory lap and i will turn this over in a year and that's what's going to happen. kevin: were you surprised how close it is in arizona with mcsally narrowing -- has narrow lead, i mean that is a red state to have a force coming in that could be blue especially in 2020 election. maria: same thing in texas and same thing in florida. kevin: you had flake and john mccain, always red state and never this close from my recollection. >> democrats got voters out and republicans got voters out and certain place that is have changed somewhat are closer, they didn't turn hands. i think, look, the president is looking at the electoral college this morning saying, you know, florida and ohio, got the ohio governorship, got the florida

governorship, pretty good electoral college but not in terms of popular vote, popular vote clearly went overwhelmingly democratic, it was a switch, not as bad as 1994, 2010, the president says hey, look, i actually come out with more respect this morning as a legitimate president having gained in the senate than i had the day before and democrats at least come home with i said we will get the house and we got it. everybody is a winner. dagen: in terms of the number breakdown, nearly all democrats, 95% of them voted blue, republicans didn't quite have that edge, 91% of republicans went red, that's a problem. the difference ended up being independents, 9-point democratic edge among independents, these are things people will be looking at, these numbers, figuring out in 2 years to fix that. >> if you put your hands on it, there's a republican-trump's

women problem that's huge and it's coming out. trump held the working-class, lost the suburban women, democrats successful of getting back one of the two constituencies that were pivotal to trump. next one depending on candidate up for 2020 maybe up for grabs. maria: does the president change tone in the next 2 years? >> he has to, 57% approval in economy, when i asked the question do you like president trump and 27% say yes, that's a dead weight, what i call the twitter trump is overwhelming the economic trump and that's the biggest problem he's got. dagen: two biggest issues were health care and immigration. economy and jobs fell to 19%. maria: i'm surprised. dagen: but the democrats won on the health care issue, the republicans said boo, they couldn't answer what -- the replacement plan which they didn't pass, they couldn't

message on that and it was also city folks versus country folks, that there was the urban rural divide showed up as well, city dwellers backed democrats by 34 points, country people went republicans by 16 points, that divide was present. >> exactly, but the republicans messed up health care, the democrats i think pelosi's team ran a really smart strategy, the number one issue, they won overwhelmingly, trump -- the immigration was the core republican issue and the issue of what do you think of trump and what do you think of the economy where swing voters decided, right, and that's how this selection went. maria: what about intel and oversight committees, what can they get done before january? >> well, i don't -- the question they still have to get rod rosenstein and find out what happened inside the fbi, what happened here, was there an attempt to remove president trump early on, we still don't know the answer to a lot of

questions. >> i don't think they will get a lot done. maria: tried to put finger on the scale in 2016, peter strzok and andrew mccabes of the world, does that go away? lindsey graham said they have a plan b. >> everybody has subpoena power but the real difference would be only mueller has really been on the investigative trail and he has gone through the campaign and the white house and trump family, once there's an independent attorney general appointed the subpoena power here is going to shift in a big way backed by a, you know, the real justice department. i think that's trump's most important move of the investigation. maria: totally with new ag. real quick on investigations, what are the investigation that is you're expecting from the new house? >> at the top of the list they want donald trump's tax returns and they will do anything they can get them. that will be the front and center, they want to look at

everything of finances and hotels, it'll be nonstop drum beat week after weekday after day. the number one difference when i was chair of oversight committee was the national media would be on the side of the democrats, front and center all over "the new york times" and the washington post. dagen: gobbling up like bowls of candy and they'll backfire. dagen: karl rove said when democrats won the house back in 2006 they swamped the white house with request for information, their role to destroy karl rove and destroy the white house. you can expect something like this to happen starting in january. maria: that can maybe help donald trump in 2020, mark. >> the mueller reports, where it goes, how the house perceives, why should they get big involved

when they have the big cajona coming their way. maria: when is that coming up, by year end? mark penn, good to see you, the house going blue, the red wave hitting the senate hard and some races still close to call. more on senate race next. ♪ ♪ put your data to work on the cloud that drives business. the ibm cloud. the cloud for smarter business.

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♪ ♪ maria: welcome back, there are still senate race that is have not been called yet, cheryl casone with more details now. cheryl: you were talking about this one, maria, no matter who wins arizona it's going to make history in the state, first female senator but the race between republican more that maa mcsally still too close to call, now, democratic incumbent john

tester and republican matt rosendale in tight race in montana, this one is up in the air right now. president trump remember vowed last spring that tester would pay at the polls, first nominee for veterans affairs secretary that was jackson, democrats picked up seat in closely watched state of nevada, rosen defeated dean heller making nevada the fifth state to have two female senators. well, fox has not called the wisconsin gubernatorial race just yet, evers leading and scott walker at 48% right now. state low does permit recounts. we will see, walker is not conceding to evers after ap called the race, then the georgia, republican brian kemp has narrow lead against abrams,

oprah winfrey was on the campaign for abrams and so was president obama, erased those to runoff if neither candidate receives more than 50% of the vote, so we are watching these. now there's also this this morning, tomorrow's meeting between secretary of state mike pompeo and top-ranking north korean official has actually been postponed indefinitely the meeting to decide on date for next summit between president trump and kim jong un, state department say that is the two sides will reconvene when schedulings permit. finally there is this, more news about wells fargo this morning, an error caused 50 customers to lose homes between 2010 and this year, that's up from earlier estimate of 400. wells fargo says it miscalculated fees for the homeowners that were seeking loan modifications, improperly denied 900 applications, shares of wells fargo down 11% so far,

another hit for this company. maria: issues that voters really voted on and what drove voters to vote and top referendum issues including legalizing marijuana among others, the results now ahead. coming up we are watching market reaction, the results what they mean for your money, dow industrials expected to be up 170 points, back in a moment right here. - at afor the financialt's time world to stop acting the same old way. you need a partner that is willing to break free from conventional thinking. we are a different kind of financial company. we are athene, and we are driven to do more.

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now is portfolio manager, michael lee, michael, good to see you, we have a rally underway, futures indicating 200-point at the start of trading. >> divided government has historically been the best playing field for stocks. we went in this election with fantastic economy, one that's only going to improve from here and i don't think that changed one bit, had the republicans held the house you would have gotten, you know, chance for additional fiscal stimulus, maybe some sort of infrastructure bill but i just think there's too many moving parts, too much compromise involved, so corporate tax that went into effect 22nd of december last year and it was more about tax reform, structural reform, the effects of that are only truly going to be seen starting needle of next year, that will last many years, we are entering what's going to be the longest business cycle

that we've had in the united states. kevin: markets are up because of digestible gridlock, most important thing that investors should focus on is gridlock is good but unified government is even better, we saw in 2016 to now what happened. we got fiscal policy that got us out of secular stagnation, previous administration, no long we are the economy grow at 3%, get used to this lower-growth environment, we don't need to get used to it. what do you see happening post 2020, right, we have ginormous amount of entitlement that is will hit the balance sheet, 60 trillion unfunded, dollar that's strong right now, there's worries about a recession, what do you think happens over the next two years into that election with the market. >> so, going out 3 to 4 years is

very difficult. like i was saying before, we are in a interesting scenario right now because we are so far in business psych physical there are no signs of excess, corporate balance sheets extremely healthy, you look at credit spreads from distances were looking almost as good as in history of the s&p 500 and you look at personal balance seats, household network at all-time highs, you look at debt, household debt, debt service payments as percentage of take-home income, lowest levels in 30 years and it seems as, you know, wages jumping when you add average hourly wages, 5 and a half year over year. a thousand manufacturing jobs a day since trump took office, something along those lines. maria: you're saying the economy is on fire and keeps on going. >> and i don't see it stopping any time soon regardless of what happens in congress unless they roll back tax cuts and they need 60 vote which we know isn't

going to happen. maria: i want to get the tweet out from the president, president trump tweeted on midterms, he says received so many congratulations from so many on our big victory last night including from foreign nations, friends that were wait ing me on out trade deals, now we can get back to work and get things done. >> the president makes good point because strength in the united states senate, if you're going to do a long-term deal with one of these foreign nations you to get the concurrence of the united states senate and it showed i think strength for the president, expanded his role in the senate, his ability to get confirmations done and put in his cabinet secretaries were strengthen last night. maria: one of the biggest stories of midterm election, the senate, if you we wanted to win on anything, you we wanted to take the senate and increase exposure there. federal reserve is meeting today, mike, the republicans took the house and the senate then you would have another tax cut plan, more stimulus and that

would leave the fed to raise interest rates, what are you expecting out of this meeting today, we are not expecting interest rate hike but we are expecting one in december. >> path to normalization, grades have been too low for too long and zero interest rate policy actually slowed the money supply, it crushed savers and now that we are getting into some sort of normalized interest rates that's helping a lot of people, freeing up money and while we are nervous about maxine waters as head of financial services, the problem is the fed, the fed looking over the loan books of jp morgan, wells fargo, were undone by the regulatory, the macro credential. >> zero interest policy.

>> did more damage than good and when you combine that with overreach of regulation, you really took what could have been a spectacular recovery to something that was a lot more anemic and while the president likes to criticize the fed, i think jarome powell is helping the economy not only to raise interest rates to normal level which we get in 12 to 18 months, i think that's ultimately good. dagen: just to point thuit the federal reserve rescued the antigrowth policies of president trump's administration and the day of reckoning for the democrats got kicked way down the road because of the really excessive unprecedented policies from the central bank that we don't really know what the ultimately impact would be of antigrowth policies during the 8 years when democrat was in the house. kevin: former president obama went on campaign trail said don't forget who started this, it wasn't him it was the fed

because of restrictive policies. that's what i'm worried about because the fed will end this because they started this. president obama can't take credit for starting the economy, it was the federal reserve. maria: right, of course, michael, we marks real quick. >> i will just say to president obama that when you have a horrific recession like we had, you have a snapback growth we were told this is the new normal and we now know that this is a new normal and the economy can take off when you unleash the shackles of government. maria: it has 4.2% and 3% in third quarter. good to see you, michael lee joining us, top issue for voters, what drove americans to the polls this week and then scouts shuffle, why the girl scouts say boy scouts are infringing on copy right, back in a minute.

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maria: good morning, welcome back, good wednesday morning, november 7th, i'm maria bartiromo, the ballots have been cast, americans waking up to house divided this morning with most of the votes in the democrats taking the house of representatives with a 219 seat majority in the senate, the republicans maybe taken the majority with 52 seats. president trump tweeted about it moments ago and here is what he said about results, received so many congratulations from so many on big victory last night, foreign nations, friends that were waiting me out on hoping on trading deals, now we can get back to work and getting things done, we are looking at rally at the start of trading, futures indicating markets will open up 200 points as earnings continue to flow out as well, take a look at futures, we are expecting gain of 180 points on dow jones industrial average major indices finished higher yesterday as well, so the momentum is continuing this morning in europe we are also seeing money moving into stocks, higher across the board in europe as well, gains between 1 and 2% on

the european indices, as you can see there europe up across the board, 1 and a quarter percent in london, 1 and a half percent in paris and dax index better than 1%, asian markets higher overnight, worst performer was china. republicans expanding republican in the senate, gop flipping several senate seats scoring wins in major battlegrounds states, fox news voter analysis finding health care top issue facing country and healthcare voters favored democratic candidate by 54-point margin, joining us pollster frank, frank, good to see you this morning, thank you very much for joining us. >> it's a pleasure, health care is a big deal to democrats and republicans alike and last night we did our own nationwide survey of voters as they completed their task and i've got two numbers for you, match, exclusive, you're getting it

first, 81% of americans believe that employer provided health insurance should be continued to be tax free because they are nervous that the taxes will be passed along to consumers and 87% believe the federal government should be negotiating with pharmaceutical companies to provide cheaper prices for medicare recipients, issue after issue the american people are not satisfied with simply repealing obamacare, they're not satisfied with the status quo either and they expect washington to make a fundamental difference that does not add to cost, does not take away their choice and control and provides quality that they deserve. this is a big issue and it affects republicans and democrats alike. dagen: frank, it's dagen mcdowell, on the healthcare issue because the democrats ran on fear-mongering related to preexisting conditions saying that republicans do not want to cover people's preexisting conditions.

literally the messaging was if your mother gets cancer, she would not be able to get health insurance, things of that nature, again, that's all they ran on in terms of fixing the health care system. meantime all the candidates democrats that got behind medicare for all, medicare for all is medicare for none. the bernie sanders' bill it gets rid of medicare completely and also gets rid of private health insurance and i don't think that voters out there knew that and maybe that fell on republicans for not messaging it. >> well, i want to make sure that i'm clear here that it is not just preexisting conditions, it is the affordability and afraid if you start to tax employers it's going to hurt employees, they are concerned about accessibility, they are concerned about choice and control and they don't get that with pharmaceutical companies when they have to pay whatever they're being charged for medications they desperately need, do i think that republicans were not paying

sufficient attention to this issue, kind of sprung up on them in the last 6 weeks and did not have an effective response. democrats don't realize that this medicare for all which is simply government control of health care is something that virtually no american wants unless you are pretty far left of center. >> hay, jason chaffetz, immigration, i love it when the president is talking about immigration, tier one issue but some critical of the president in the final push that maybe he should have pushed economy more than he did on the immigration issue, the president went hard on immigration. i think on your poll there number 2 issue was immigration, how do you see that playing out in midterms. looking at immigration and the economy only 28% of americans thought that they received a tax cut from the president's legislation in 2017, the problem there is more than 80% of americans received it and the fact that they don't know about it once again was bad messaging

and a challenge for the gop going forward. in terms of immigration what the public wants more than anything else is secure the border, that's where you start, you have 70% of americans that believe in dream act and that kids brought on their own should not be sent back and path to citizenship, in the the end the american people would like a solution and they would like it by the way in this period between now and the end of the year, they don't believe they have to wait nor new congress, you can get a compromise in what you call the lame duck that's happening in november and december. maria: give us your reaction on what took place last night, a lots of republicans have to thank president trump for last-minute campaign push. he was working tirelessly, 3 rallies in one day alone yesterday for candidates across the midwest and south, senators elect josh hawly, marsha blackburn all thanking the president in speeches.

>> i had a nice call from senator mccaskill, she conceded the race and i want to thank her for her service and i had a very nice call with the president of the united states. [cheers and applause] >> thank you, mr. president, for your leadership. >> i want to say a special thank you to the president and to the vice president for the support. >> there are a lot of people that helped in this race, a lot of people. i want to thank president trump. arp maria how impactful was the president's endorsements and wh- what is your reaction? >> significant, i will give you a statistic that has never been matched, no president and president's son has been to more places, done more rallies, done more campaigns than donald trump and donald trump, jr., i think that this is exceptional and if you take a look at the places that he went to and the statewide candidates that he

supported, there's a lesson here for the house leadership that they probably should have connected a little more with the president because he generates turnout more than anybody else. he's controversial and there are people who don't like him and may turn out against him but in the place that is he went and the message that he delivered he definitely turned out voters and i think he'll have a significant impact going forward. maria: i totally agree, the never trumpers within the congress really should be disappointed in their own performance because they never got behind the president, frank. >> and you could see that and what happened in tennessee with the new senator, you can see in what looks like the new senator in arizona, the people that fought on unified ticket on republican side are the candidates who won. dagen: tay tay equals nay nay, taylor swift did nothing for

bredesen. maria: all the money but donald trump did. dagen: lebron picked up beto pick up states clattering the state, don't mess with texas. >> that's a good point, the people in hollywood, you take a look at big losers, celebrities that went out and campaigned, nobody wants hollywood to tell them how to vote. maria: frank lantz. big issue voters serged -- searched for, we are looking at google searches, lel alizing marijuana for others, up for vote in four states, we will tell you where it passed. kevin, meet your father.

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maria: welcome back, felons who have served time in florida will now be allowed to vote, cheryl casone with the details. cheryl: yeah, maria, interesting ballot measures to tell you about, amendment 4 approved, allows most felons in florida to vote once they complete their sentences or go on probation but anybody convicted of murder or sex offenses will not be allowed to vote, the measure affects about 1 and a half million florida residents. okay, advocates for legalized marijuana are feeling pretty good today, get it, in michigan, 56% of voters supported legalizing recreational use of pot for people 21 or over and

makes michigan tenth u.s. state for recreational marijuana use, voters in north dakota projected ballot measure to extend legalizing pot beyond medical use, set limit of amount of marijuana that people could process or cultivate. a couple of states opening to medical marijuana for the first time, 65% of missourians voted for it, taxing its sales at 4% and in utah 53% supported legalizing medical marijuana for certain illnesses. okay, americans are waking up to a divided congress this morning, democrats taking the house and republicans keeping the senate, maria, and i know that's what you've got right now. maria: yes, we do, we will look at that right now, susan li taking a look at what drove voters and the trends. >> unusual that we had the split last night but not the first time that the house and senate have moved in opposite directions during midterm, it's only happened 3 times, maria,

since world war ii and the last time was back in 1982 when democrats gained 27 seats in the house and republicans picking up 1 seat in the senate, so fairly similar to what we saw last night and the house swung by as you see 30 seats, gop looks like it picked up 3 seats and fox news analyzed voter data, let's look at voting trends, taking a look at ethnicity and among whites the vote leaned a little more towards the republicans last night, but when it comes to minorities if we can bring that up, their votes lean more towards democratic party which i don't think shocks anybody at this table, now what about women, especially suburban women who were considered big swing vote in last night's votes, they favored democrats, what issues motivated americans to the polls? now, we took a look at that, i think we will go through google in just a bit. let's go to fox news analysis and what we see most important

issue facing the country, health care, top issue when it comes to vote, immigration number two, the economy and jobs. and now for the economy, maria, that's usually one of the top concerns, how secure does the average american feel in paychecks security and their jobs, more than half said that the economy still feels good to them, well, over 63% felt family's financial situation was holding steady, so i would say that's fairly positive on an economy that's pace for best year of gdp in 13. maria: how do you not feel the economy strength when you go to polls, 4.2% economic growth in second quarter, 3% in third quarter, earnings 22% higher year over year, unemployment, you know, lowest in record numbers, how do you not feel that? kevin: 28% of the voters said it didn't -- they didn't get the tax cuts when really over 80% got them. maria: that's a talking point, a lie that they keep spewing out

that all the tax cut went to 1% and it's not true and they keep saying. dagen: republicans that were running for office did not point on economy, what should happen to illegal immigrants living in the u.s., 69% pathway to citizenship, 30 deportation, so there's your immigration issue which was number 2 behind health care. >> one weakness in the economy for average american is when your mortgage rates go up 5% and you're paying more on housing which have increase in prices over the last few years in 10-year expansion. dagen: higher interest rate lift consumer confidence, we should point that out, 18-year high, that's one of the reasons people feel better and they are earning money on their cash. maria: they, do wages, don't forget that. susan, thank you, quick break and huge win in texas, dan crenshaw pulls win in texas dais after snl makes joke in snl, disgusting, he will join us

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maria: welcome back it is a story that we have been telling you for few days. >> you may be surprised to hear he's a congressional candidate from texas and not a hitman from a porno movie. [laughter] >> i'm sorry, i know he lost his eye in war, whatever. [laughter] maria: that texas war hero getting the last laugh, dan crenshaw easily winning election, joining on the heels of victory night, congressman elect dan crenshaw, congratulations to you. >> great to be here with you and thank you, we are feeling great about it.

maria: well, we were outraged by the snl skit and we have been talking about it all week, you handled it by such gentleman, i saw a number of interviews afterwards, tell me what the priorities are now once you do take the new job in. >> well, the priorities haven't changed. it is serving the people of the second district, it is gaining their trust, it is gaining the trust of all those who didn't vote for me, you know, elections are funny like that, you can see exactly how many people might not like you and it's important for us to reach out to them and -- and serve their needs as well and listen to their needs, so first and foremost there are a couple of things that i think are bipartisan for the second district anyway and that's led infrastructure, i will look for ways to work with army corp of engineers. >> dan, jason chaffetz, congratulations, sorry that you had to be on the receiving end

of that supposed joke, but it does increase your profile and you got leverage with leadership when you go and ask for committee assignments, have you thought about what committees you want to be involved and engaged in and long-term outside of the district what were you hearing in texas that were driving issues? >> yeah, so the big -- the big issue in my district was flooding, i know that's not the case across the country, immigration was still an enormous issue especially border security so that'll be important for me and health care just like everywhere else. now, as far as committees that i'm looking at i love to be on armed services committee, i can touch armed services and i can bring a lot of expertise and background to the armed services committee and, you know, work on a whole variety of issues that i think i would be a good fit for. maria: are you surprised that texas was so tight, you look at the senate race in terms of ted cruz and beto o'rourke and you look at the change in population there, what do you think is behind that in texas, why was it

so close? >> i think we will be analyzing that for a long time, it's hard to say, i think there was -- i think there was a lot of excitement on the side of beto and those -- that campaign in particular really brought up numbers for other campaigns and i think that's why we saw some pain on the republican side in various districts and i always felt like i was running against beto and not litnin. maria: we will be watching what you can accomplish, thank you. over 100 years ago,

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senate. three races are left to be called, arizona, nevada and montana. we're breaking down the key races this morning and what it means for the trump administration and the booming economy. president trump will hold a news conference at 11:00 a.m. eastern. futures indicate a gain at the start of trading, s&p is 21 points higher, the nasdaq up 1%, 74 points higher this morning on futures. markets closed near the highs of the session yesterday. dow industrials picked up two-thirds of a percent, s&p 17 points higher and the nasdaq up 47 points, two-thirds of one percent. in europe markets are higher, fq100 up 1 1/4%, and the dax index in germany up better than 1%. in asia overnight markets mostly higher with the exception of china which was down a fraction. all those stories coming up this wednesday morning. joining me to break it down, dagen mcdowell, kevin kelly

and former house oversight committee chairman jason chaffetz. nevada has been called. >> dean eller i believe has conceded. martha mcsally is leading. the republican is leading in montana as well. maria: montana and arizona are what we're waiting on this morning. >> they could go to the democrats but right now the republicans are leading. >> we talked about the market being up. the dollar is actually down and bonds are up, meaning the yields are actually down as well. that's because they don't p think there's going to be another major fiscal push just like taxes that were done. so because of that, the dollar's actually coming down as well as bonds. maria: you think the markets are saying okay, the democrats take control of the house, no tax cut 2.0 then. >> exactly. it will be hard for another major initiative to be enacted, another giant fiscal policy that will actually -- dagen: that tax cut 2 own 0 wa-

2.0 was a misfire for republicans. it was the wrong mess a an. had they should have focused on the tax cuts were for everybody, they were for 97% of americans, the average middle class family got $2,000 more in their pocket because of the tax reform. that was a misfire. if you look in the senate, what happened with those results, you want to talk about a referendum on president trump, that was a yeah for president trump, with 10 states where democrats were running in which democrats were running for the senate that trump won, you had mike braun in indiana winning, josh holly in missouri winning, rick scott in florida winning over bill nelson and kevin cramer in north da noh dakota. this was a major win for president trump. you can argue something different in the house but that's what voters said about the senate races. maria: one of the most important things, once you get

the majority in the senate and more seats, he will be able to get his confirmations through. that's real important. >> and trade policy. maria: and trade. he's also going to be able to get the new attorney general in. we're expecting jeff sessions to resign anytime now. once the president has a new a.g., doesn't that change everything for him? >> it does. he's been without an attorney general for two years. this is a huge victory for the president. those that embraced the president and his policies did well last night. those that shunned it, they suffered at the polls last night. maria: some think they deserved it, they should have gotten behind the president. >> look at where the president put his time and effort, that's the difference. that's why ron de santis is the governor-elect of florida. >.dagen: and ted cruz, beautifl texas ted, mended that fencer with the president. it certainly helped him beat

beto o'rourke. maria: how close that was, beto o'rourke, all that money couldn't pull it over the finish line for beto o'rourke. dagen: not all the celebrities who are saying beto 2020, you can stay in your home state. maria: 2020 begins now. okay? now is when we're going to start to focus on 2020. it begins today. the results are in. democrats took control of the house of representatives, the republicans picked up seats in the senate. nancy pelosi speaking out last night on what she expects from this new congress. >> today is more than about democrats and republicans. it's about restoring the constitution's checks an balance toss the trump administration. we will have a responsibility to find our common ground where we can, stand our ground where we can't, but we must try. we have a bipartisan marketplace of ideas that make our democracy strong.

a democratic congress will work with solutions that bring us together because we have all had enough of division. maria: yes, we have. now joining us to break it down, what it means for the trump agenda going forward is sky bridge capital founder and the author of the blue collar president, anthony scaramucci is here. great to see you. >> good morning. great to be here. maria: your take-away -- do you have a mic on? >> i don't know. maria: i want to ask you something about california. nancy pelosi i know, dagen, won by a huge amount in her own district but you made the point earlier that she may won but a few minutes away from nancy pelosi what happened? >> anthony, you had devin nunes who won by more than 10 percentage points. you have jeff denim, valadeo and the democrats really tried, they poured more than $10 million against devin nunes, he won by

more than 10 percentage points. >> it's an amazing trump story. that's sort of the weird thing. larry tribe tweeted out that it was a trump victory. he does not like donald trump to say the least. and so if you just look at every characteristic and every quality of what happened, it's truly amazing that he didn't lose more seats in the house and it's amazing that the senate went the way it did. so you have to give the president credit. maria: big-time. he worked hard. >> 26 events in 11 days. the guy has the energy of 10 people. i was watching president obama guess hoarse after eight events. it's an amazing situation. whether you like or dislike the president, he is what the nfl calls a change maker in the game and he did that over this week. >> you talk about him being a blue collar president and one of his key sentiments is that we don't want to lose jobs especially to china. now we have the g-20 summit

coming up and he's going to be trying to talk to president xi about trade especially there's a lot of tariffs happening. what do you see the president doing going forward with china and his agenda now that the midterms are behind him? >> i'll make a very bold prediction. i think he gets a trade deal done very quickly and if you look at the trump twitter feed, he capitalized trade deal this morning, he capitalized big victory and trade deal. he is signaling to people that he's close on a trade deal with china. >> we've the technology transfer worries and ip worries. maria: they have to admit what they've been doing. they won't even admit they've been stealing from us. >> i think it's closer than people think. maria: i want to ask you about this story from the other day. there was a bloomberg report about he three days ago that said that the president is talking to china and china will buy oil from the united states

instead of buying oil from iran as part of a new trade deal a and the president's going to talk to president xi about that at the g-20. that would be huge. how big would that be if china buys oil from the united states? >> i agree with anthony. i think we are closer to striking a deal with china and the fact that the president grew his numbers in the united states senate, that bodes well for the president. it signals to the rest of the world, because the senate is needed in order to confirm any of these deals, that the president has strength at home. he wasn't just an anomaly. dagen: one thing on the health care issue, that was the number one issue for voters and we've known this for weeks and weeks and months and months and democrats were winning and did win on that particularly in the house. president trump said when he was running for president that he would be open to having the government negotiate drug prices on behalf of medicare. and that is something that the democrats want. i feel like that the republicans didn't message well on health care. they didn't listen to kelly ann conway when president trump was

running two years ago, she knew that would be the one financial issue for women in this country with those rising premiums. it seems like the republican that's are running for the house seats weren't paying attention to the president's playbook from two years ago. maria: they have messaging problems. >> is that a paul ryan issue. >> dagen: yes, it is. >> paul ryan was pretty absent in this. maria: for a while he was a never-trumper. >> for a while or he still is? maria: he still is probably. >> i think he basically advocated after the access hollywood tape and since then he's been flat lined. maria: what happens with nancy pelosi? does she become the speaker? >> you have more than 50 democrats who have vowed they will not vote for nancy pelosi to become the speaker. you can't get the 218 votes on the floor. do they go back on their word saying she's only going to be there for six months or a year? or do they actually stand by their word and you have a new

set of -- >> i got her as the speaker. maria: one congressman who is not voting for nancy pelosi is tim ryan. i spoke with him on sunday about running for the speaker of the house position and potentially unseating nancy pelosi. watch. >> after the 2016 election you wanted to unseat nancy pelosi to become speaker of the house. are you running for speaker of the house this time? >> we've got a couple more days. there are a number of candidates that are having conversations that are talking about a running. i will say it's not going to be a core nation. somebody is going to run for leadership. i think it's important we have this discussion and have this conversation. i think the american people want a change. i think a lot of democrats want a change. and so we're going to have that discussion starting on wednesday and let's hope we're having a conversation about speaker of the house and not leader of the minority party in congress. there's a lot of conversations happening right now. people from across the country,

different candidates, different demographics who are talking about running for that leader p. maria: who are the choices and where does that leave us? >> i really think that there's a joe kennedy that could pop up out of this. i think louonn has a good shot at leadership type of position. hakim jeffries will be able to make a case he should be there and tim ryan is there before anybody. maria: he's a moderate. she says she want to be transitional. >> i have an 11 day phd in washington. she will be the speaker of the house. she has the knife out right now. maria: at least for a year. >> she chopping up, they're chopping each other up. dagen: she can play the woman card too. you're anti-woman if you don't vote for her. >> she will be speaker of the house, okay? i'm letting you know. maria: that will be the new thing, anti-woman if you don't vote for nancy pelosi. she's an incredible fundraiser. >> it's the power of the purse. she does control the narrative

and she has raised a lot of money for the party. >> she is going to be the speaker of the house. you know i'm a vegas person so i'm ready to vote the whole thing. maria: you want to make a bet on anything a that's gets done with this congress the next two years. >> that's a different bet. here's the weird thing about the president. the president can come across the aisle and he can cut a deal on immigration or possibly infrastructure because he has less idealogical anchors than most people who have become president. anything can happen with the president. that will be great if he does that, i think. maria: it's great to have you on the show today. anthony sca scaramucci. >> thanks for the shoutout on the book. maria: president trump said those that worked with me in the midterm election embracing certain policies and principles did very well. those that did not say good-bye. yesterday was such a very big win and all under the pressure of a nasty and hostile media. >> i love the caps. i have to tell you.

when he's capitalizing certain words it's like a decoding mechanism. maria: when we coul back, turkey's defiant tone, we break down the impact on oil and turkey's president says he will defy american sanctions on iran. then america decides, we're breaking down the election results right here, arizona still too close to call. (toni vo) 'twas the night before christmas, and all thro' the house. not a creature was stirring, but everywhere else... there are chefs, bakers and food order takers. doctors and surgeons and all the life savers. the world is alive as you can see, this time of the year is so much more than a bow and a tree. (morgan vo) those who give their best, deserve the best. get up to a $1,000 credit on select models now

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maria: welcome back. we are turning to florida this morning after last night's elections. the sun shine state had a pivotal race. kristina partsinevolos is covering this story. she's in orlando this morning. good morning to you. >> reporter: good morning, maria. it was a big night for republicans in florida. let's take a look at the senate race. we're calling that rick scott did have a lead over bill nelson. bill nelson has been in the senate for 18 years. so wa that was a big switch over there. the margin of victory between both candidates is less than 0.5%. florida state laws show that if

there's a margin of victory equal to or less than 0.5%, there will be an automatic recount. that is still up in the air. bill nelson has not conceded. however, he camp has said he will issue a statement later today. nonetheless, scott declared victory yesterday, making a statement about how the state handled hurricane michael. listen in. >> people from all over the country came down here to help us. people didn't say are you republican, are you a democrat, no, they said do you need water, do you need food, do you need a tarp, what can i do to help. and they did. from all over the state, all over the country, people came together. we can do the exact same thing in washington. >> reporter: we have that tight race but we can declare victory for the governor race. we were at the de santis headquarters in orlando, a lot of people that found out a

little around 11:00 p.m. eastern time. the president tweeted about that race, just about not even 20 minutes ago, ron de santis showed great courage in his hard-fought campaign to become governor of florida. congrats to ron and his family. you had a win, de santis getting 1% higher than gillum. gillum supporters very upset about this because they thought there would be a blue wave, a lot of celebrities backing him. nonetheless, de santis took that in stride. listen in. >> even today the political and media class seem eager to write our obituary. but the great thing about our country is that every two years the people have that one day in november where the elites don't call the shots, where they don't get to craft the narrative and set the agenda. [ cheering and applause ] >> on election day, it's the voice of the people that rules. >> reporter: there you have it. a big day and a big night for

republicans here in florida. back to you guys. maria: thanks so much. kristina partsinevolos this morning. we're waiting for a winner in the arizona senate race. cheryl casone has details on that now. cheryl: the sun needs to come up in arizona this morning. we've got to know what's going on. it may be some time before we know who is going to become arizona's first female senator. the race between martha mcfally and kristin simimus is too close to call. the arizona republican party is questioning the validity of 3,000 votes cast in emergency voting centers on saturday and monday. arizona law says early voting must end on friday. again, the sun not quite up in arizona this morn. democratic incumbent don tester and matt roseendale locked in a tight senate race in montana. president trump vowed last spring that tester would pay at the polls for sinking his first nominee for veterans affairs

secretary. democrats picked up a seat in nevada. jackie roseen defeated dean heller, making nevada the fifth state to have two female senators. a lot to watch this morning. maria: thank you, cheryl. spotlight on the midterms, president trump calling last night's elections a tremendous success. richard daily will join us next.

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all of which helps you do more than your customers thought possible. comcast business. beyond fast. ♪ i'm on my way, home sweet home. ♪ tonight, tonight, i'm on my way, i'm on my way. maria: markets are moving on the midterm elections this morning. one of the top questions

following yesterday's election is how the results will affect the booming economy. take a look at markets, dow industrials up 185 points, the s 500 is up 24 and the nasdaq up 83. joining me right now is the ceo of broad ridge, richard daley. it is good to see you this morning. >> great to be back. maria: what's your reaction to the midterms and how it impacts markets? >> for four decades i've been going to the s.e.c. to me, it's not about midterms. it's about the presidential election. so there's no change at the s.e.c. i feel great about the round table that's going to be taking place at the s.e.c. next week. so for me and broad ridge, the most important thing again is who is in charge of the seg and right now we -- s.e.c. and right now we feel good about it. maria: what about the fact that maxine waters will be in charge of the financial services committee. she's going to be the chairman. is that going to impact the regulatory environment in any way? is that going to put more focus on the banks and the investment

houses? >> at broad ridge, our role is to engage retail investors and to enable the corporate governance process to work. so candidly, regardles regardles in charge of which side of the house or who is in the white house, everyone agrees that retail investors are important and they need to be protected. so it really doesn't impact what broad ridge does. now, when you say there will be more regulation, less regulation, that's been a dialogue for me for a very long period of time and at broad ridge we enable people with technology to meet those regulations more cost effectively. so i don't think regulatory change is anything new and i think as we go forward, there will always be dialogues about more and less regulation. maria: i love the fact that say you've been going to the s.e.c., you'll be participating in an s.e.c. round table, as you step down as ceo to become chairman, give us a sense of where the growth comes from right now at broad ridge.

you reported better than expected first quarter earnings. we want to know where the growth is at the company right now. >> all right. could the future of broad ridge, i call it the a.b.c.d.s, a.i., block chain, cloud and digital. we're leading in fin tech on all of those activities and that will transform our industry. the industry needs to mutualize cost. we need to better engage investors. we need to take out the $20 billion the industry is paying on paper and postage with digital communications. we're well positioned across all of those assets. maria: what happened yesterday with the conference call. the stock took a hit following the come on the conference call on guidance. tell us what you're giving in terms of guidance and what went wrong. >> it's a great question. i got up yesterday morning knowing this would be my 47th and last call as ceo. and i felt great. with by the way, i feel great today as well because i know the best is yet to come. we issued guidance, okay, which was well received in august because of our fiscal

june 30th year-end. we reported very solid progress one quarter into that guidance. all right. and the exclamation point on that was two weeks ago we announced a transformative fin tech deal in wealth with ubs. arguably the most significant fin tech wealth deal ever. all right. so in terms of not only the financial update that we provided yesterday, we provided a meaningful strategic update within the last two weeks about the opportunity to really transform and create another great franchise in broad ridge at wealth. now, when we at the end of the day, when the market reacts very differently than you expect, and in 47 earnings calls i'll tell you i haven't had this much of a whip lash difference in reaction, so at the end of the day when we stepped back and took a look, we went through the transcript, nothing we would change there, we looked at the q and a, there was one answer about second quarter revenue, okay, which remember, we

reaffirmed the full guidance for the year and one answer in second quarter revenue we answered accurately but gave a pretty wide range of the impact of revenue quarter versus quarter because last year we had strong revenue from p & g and the adp proxy contest. so we narrowed that range down and we also yesterday added an additional comment. we don't provide quarterly guidance but we issued a press release narrowing the range and stating that the recurring revenue which is the most important aspect of broad ridge for the second quarter would be 5 to 7%, right in line with the full year guidance. maria: bottom line, are your costs about to go up? there's an article in the journal today about corporate america facing higher costs in general, higher transportation costs, higher input costs, higher expenses, margin pressure. are you facing margin pressure right now? >> no. our margins are going to go up this year. i've been running businesses for a very long time. i've been involved with this

activity for about four decades. i've been running this specific business unit for about three decades. so i don't -- when i think about next year think things like fuel, taxes, when i say property taxes, things like that, are going to go down. so managing costs with technology and driving cost out with technology is standard operating procedure at broad ridge. and i think a lot of fin tech companies. maria: we will leave it there. richard, thanks for answering the questions today. i know there was a lot of talk and conversation about the conference call yesterday. we appreciate you addressing it. >> it's great to be here. i look forward to talking about the technology and what it's going to do going forward. maria: yours is a political family. the daley family, any reaction to the election last night? [ laughter ] >> first of all i'm d.a.l.y. i have the same number of chins.

maria: great to see you. coming up, marsha blackburn becomes the first female senator to represent tennessee. details on other women who won last night. it was a great night for the women. back in a minute. ♪ she said good-bye too many times before. ♪ her heart is breaking in front of me. ink your large cap equityd has exposure to energy infrastructure mlps? think again. it's time to shake up your lineup. the alerian mlp etf can diversify your equity portfolio and add potential income. bring amlp into the game. before investing, consider the fund's investment objectives, risks, charges, and expenses. read the prospectus carefully at alpsfunds.com/amlp the new lincoln mkc.mix.

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maria: welcome back. good wednesday morning. thanks so much for joining us. i'm maria bartiromo. it is wednesday, november 7th. a congress divided. most of the votes are in. the democrats taking the house of representatives with the 219 seat majority. meanwhile, republicans keeping the majority in the senate with 52 seats. they are gaining seats. we have more live reports from the ground in key states throughout the morning this morning. investors are reacting to the midterm elections last night. we're expecting a big rally at the start of trading this morning with the dow jones industrial average up 183 points, the s&p is up 24, almost

1% and the nasdaq with an 88 point move, that's up 1 1/4%. the dow industrials at the close yesterday up two-thirds of a percent. the s&p picked up 17 and the nasdaq up 47 points at the close yesterday. the momentum continues this morning in europe. the fq100 is up better than 1%, cac up 1 1/third percent. asia overnight mostly higher with the exception of china. the best performer was japan, up better than 1% overnight. meanwhile, a historic night in the u.s. this year's midterm elections featuring the most diverse group of candidates ever, a historic number of women candidates across the board, a total of 16 gubernatorial candidates, 23 senate candidates and 237 candidates in the house of representatives were all women. joining me right now, rochell

richie, former press secretary for house democrats, jonathan madison, and brian lanza, republican strategist. good to have you with me this morning. thank you for joining us. rochell, i want to start with you. a big night for women. what does it mean for the ladies and women in leadership? >> this is very exciting. not only was this a big night for women. it was a big night for muslim women, native american women, african american women. have you the first two muslim women elected to congress. you had iyan a a pressly in massachusetts win. you had in connecticut johanna hayes. this has been an exciting time for women. we expected this. we knew there were historic number of women that were running for office and by the time that election -- the election came around, you had 210 women that were still nominees. to see this is not surprising but it's very exciting. it shows the direction of our country and reflects our country as well.

it not only represents diversity within the democratic party, but also the diversity in our country. i want to make sure we recognize that on the republican side you also had women like marsha blackburn who also made history as well. maria: that's terrific. i think it's great. congratulations to all the women. brian lanza it has been said many times that this administration has a problem with women, a lot of people saying suburban women did not come out for republicans last night. can this administration and the republicans fix it? >> absolutely. i would point to california young kim, that's a republican woman, first korean woman that won. that was a competitive seat. i think the message works. i think if you look at the results last night, it puts the president in a strong position for re-election. a lot of the purple states got a little redder, iowa, florida, ohio. i think we're on a good track. i think they need to tone down a little bit of the harsh rhetoric and focus on economic security.

the pocketbook issues are what the women care about the most. maria: jonathan madison, do you think there are issues more important to women than men that the republicans need to zero in on? >> i think that there are obviously issues that are just as important to menace they are to women -- men as they are to women, like the economy, for example. i think the president and the administration has done a pretty good job at emphasizing that the economy and good jobs are important for -- whether you're male, whether you're female, whether you're white, black, whatever creed you embrace, to the extent there's opportunities available. so i think they're in a good position, in a strong position to continue to emphasize that message. maria: the election saw 216 candidates of color, 62 asian american candidates, ra rasheed t a alim, alexandria

ocasio-cortez, the youngest woman ever elected to congress at 29 years old. i want to ask you, jonathan, how historic is this for the united states. first, jonathan, let me ask you that. i want to ask you if you think that women will govern differently. jonathan, what do you think? historic? >> very historic. it's the most diverse election in the history of our country and that's a good thing. it shows that people are getting out there, people are taking a leap of faith and people are getting involved. that's the point of a democracy, right? so i think that's a good thing. it's very historic. can you repeat the second question? maria: this is for rochell. rochell, do you think women govern differently than men? >> you know, i think that women, the women we're seeing are going to govern based off of their beliefs and their policies. i don't want to make it seem as though women govern better or govern worse than men. maria: i'm glad you said that. 25 years on wall street and

covering business, people would say to me we want you to speak to women and their money conference. i would say thank you, but the fact is that's just marketing. we all want to make money. we all want to have wise and good investment decisions over the long term. >> i will say, i think that women and african americans and muslims and what we're seeing were sort of motivated by the rhetoric they were seeing from the oval office to come out and run during this midterm cycle. i think that was a motivating factor to get them out. maria: that's a good point you make. brian, does the president change his tone in any way? do republicans change their tone in any way to try to solicit support from women? >> you know, i think what they do is they lean in on the issues they've been successful with within the women community. like i said, economic security, i think the white house and republicans have to find an answer for obamacare. i think that continues to be a lingering issue. the new women, the new republican women in thousand and

the democratic women in the house are going to play a role in that. i think if you look at the message that the president has moved forward, the success it had at the state-wide level throughout the u.s., it shows that he's hit a sweet spot. there's maybe fine-tuning they need to do, maybe a stronger appeal independent women, bring back ivanka's dependent care plan as a conversation more outreach in the communities. i think the president is on the right track. maria: you made a kim of things. what's most important to women right now? >> i think health care jonathan? >.maria: jonathan? >> i believe the same thing. it comes down to health care. i also think it comes down to jobs and thriving economy, being able to support yourself and your families. there's a lot of working women out there that are working two and three jobs to make needs work and so i think it comes down to the economy at the end of the day. maria: attend of the day, we all want jobs for our family and want to feel secure. >> exactly. we want great health coverage.

maria: thank you so much. great panel, guys. we appreciate it. president trump just tweeted again. here's what he said. i will be doing a news conference at the white house 11:30 a.m. this morning. we will be discussing our success in the midterms from the president just moments ago. we will take a short break. when we come back, caution in the skies, details on the new safety alert from boeing following the indonesian plane crash last week. all eyes on texas, ted cruz fending off beto o'rourke last night. more midterm highlights right after this. ♪ ♪ can i get some help. watch his head. ♪

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♪ take it easy. maria: welcome back. republicans picking up many key senate contests including texas cheryl casone has more details. cheryl: republican senator ted cruz winning re-election in one of the tightest races in the nation. he defeated democratic challenger beto o'rourke. >> i was inspired, i'm as hopeful as i have ever been in my life and tonight's loss does nothing to diminish the way i

feel about texas or this country. >> this was an election about hope and about the future and the people of texas rendered a verdict that we want a future with more jobs and more security and more freedom. cheryl: o'rourke's challenge to cruz in texas was fueled by more than $70 million in donations, that made that race the most expensive senate contest in history. republicans also took three senate seats away from incumbent democrats. state lawmakers mike braun will be the next senator from indiana after defeating democratic incumbent joe donnelly. indiana now has no democrats remaining in state-wide offices. >> i want to thank all hoosiers for giving me a resounding victory, putting your faith in me and i will not let you down, i promise that. we've got a rare opportunity i think to really make things happen in d.c. and i can't wait to be a part of it. cheryl: and missouri's

democratic senator claire mccaskill losing her seat to state attorney general josh holey. he attacked mccaskill as too liberal to represent missouri. >> tonight, the good lord and the people of missouri have given us the victory. [ cheering and applause ] >> we won. >> i know my mouth gets in me trouble a lot, right. believe it or not, i really had to be kind of careful. not anymore. i will be out there fighting with you. i am not going away. i love this state. cheryl: that's what's happening with the midterms. to another story this morning. boeing has issued a safety warning to airlines following the crash of a lion air 737 max jet last week in indonesia. the bulletin reminds pilots how to handle a problem with erroneous data that comes from a sensor that could confuse them and cause the jet to dive.

189 people died after the plane crashed. finally there is this. the girl scouts have filed a trademark infringement lawsuit against the boy scouts for dropping the word "boy" in an effort to attract girls. this is a real story, i promise. the girl scouts say the boy scouts have no right to rebrand themselves as the scouts to open its program to girls. the boy scouts announced the name change back in may. i'm going to report and let you decide maria. maria: i want to look into it a little further but i think that sounds right. why would you call yourselves the scouts to get girls when there are already girl scouts. cheryl: i was a girl scout. maria: me too. dagen: i kicked out of the -- i got kicked out of the girl scouts because they made me see jimmy carter speak and i was vocal about that. maria: even at that age. dagen: they didn't want to hear about it. they showed me the door. >> for a 4-year-old, that's pretty impressive. dagen: i'm a little older than

that, but thank you jason. maria: we've got a supreme court showdown on the horizon. details on the bombshell report concluding there is no credible evidence supporting claims of sexual misconduct against justice brett kavanaugh. yes, they lied. back in a minute. ♪ they've all come to look for america. ♪ all come to look for america. stop acting the same old way. in today's complex world, you need a partner that is driven to provide you with better solutions for these challenging times, one that is willing to disrupt the industry, and break free from conventional thinking. (thudding) we are a different kind of financial company. we are athene, and we are driven to do more.

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maria the accuser of brett kavanaugh, a man who is a fine man, the accuser admitted she never met him, she never saw him, he never touched her, talked to her, he had nothing to do with her. she made up the story. it was false accusations.

it was a scam. it was fake. it was all fake. maria: this story really gets me. president trump on monday night detailing just one of the bombshell revelations in the senate judiciary committee's brett kavanaugh investigation. this coming as democratic senator heidi heitkamp lost her seat last nights after opposing judge kavanaugh's supreme court nomination. joining us right now is judge andrew napolitano. good to see you. thank you so much for being here. let's begin with christine blasey ford. the report details an interview with a man who believes she is the person she refer remembers m the college encounter. it was in the report that there was someone else saying i was there, i think it was me, she's confusing it. why wasn't this pursued before the public hearing? >> you have to ask senator grassley in part because the republicans were rushing this, in part because the democrats sat on it. in the real world, dr. ford would have been interrogated

privately by investigators, congressman chaffetz knows this better than anybody, by investigators from the senate judiciary committee and the investigators would have found out if this is a case of mistaken identity and this could have occurred without the taint and attempted public destruction of justice kavanaugh's reputation, a taint that regrettably will stick with him for a long time. maria: terrible. >> the other reason that i suggest to you for this rather unusual report, after the nomination has been confirmed, that justice kavanaugh is sitting, is to fire a shot across the bow of a former colleague of congressman cha vets by the name of -- chaffetz by the name of jerry nadler who represents this part of manhattan where we are and who said openly a month ago in january, two weeks into his

term, i want to impeach president trump and justice kavanaugh. this is a shot across his bow, basically saying to him there's no there, there. maria: the report is detailing another important potential case of mistaken identity involving the deborah ramirez accusations from his yale days. explain that. >> that's the allegation of him exposing himself. maria: right. >> and she of course has withdrawn from that. three of the accusers have pulled back from what they said. maria: that's why the committee is referring four individuals to the justice department for investigation including julie swetnick, that's avenatti's -- michael avenatti, he's her lawyer, also representing stormy daniels. >> it is very unusual to prosecute somebody who lies when the lie was toothless, meaning it did not affect the ultimate outcome. so this is a very serious matter. maria: very serious.

any accountability, jason, what do you sunshine. >think?>> they should pros cut d prosecute. maria: judge, thank you. judge napolitano, we'll be right back. (toni vo) 'twas the night before christmas, and all thro' the house. not a creature was stirring, but everywhere else... there are chefs, bakers and food order takers. doctors and surgeons and all the life savers. the world is alive as you can see,

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the pursuit of allergy-free peanuts. and mobile payment reaching new markets. this is strategic investing. because your investments deserve the full story. t.rowe price. invest with confidence. maria: good wednesday morning. thanks so much for joining us this morning. i'm maria bartiromo. it is wednesday, november 7 the day after your top stories right now 8:00 a.m. on the east coast america spoken it is a split decision the house representatives for democrats last night securing 219 seat majority on senate side republicans keep control of the senate, the gop flipping four seats so far, there are two races that are still unknown we are breaking down key races this morning what it means for trump administration and economy president trump hold a news conference :30 earn this morning fox business has full coverage we take you there live.

>> markets ahead that have dow industrials up 130 points a half percent, this is actually fractionally off the best levels of the morning, s&p 500 up 6, nasdaq up almost 1%, 63 points higher right now this after markets closed near highs of the session yesterday, to look at close dow up 173 s&p up 17, nasdaq up 47, all up about two-thirds of a percent apiece in europe momentum continues take a look at european indices ft 100 up better than 1% cac quarante in paris up better than % dax in germany, up almost 1% in asia overnight about markets mostly higher exception china, japan best there, as you can see. . all those stories coming up joining me to break it down fox business dagen mcdowell benchmark managing partner kevin kelly former utah congressman, jason chaffetz great to see you good show four hours. >> are super bowl, the super

bowl. >> skofrj. >> sfwlult. >> elections for 2020 start now. >> that is right. >> campaigning happens but interesting looking at the futures, seeing what is happening you actually interviewed barry diller, doing really well so up in premarket because reported earnings we saw 21st century fox up concerns on regulatory framework this can everything is getting pass-through. >> earnings for 21st century fox in line revenue lower than expected 7. 8 close to estimate of 7.22 just below it. >> looking that the alled by a off regulatory proovrlz also see whatting denies is going to do once they get ahold of everything including hulu one competitor to netflix. >> 21st century fox parent company of fox business we will watch stock when it opens as earnings revenue hitting the tape market waking up to new balance of power democrats

taking control of the house of representatives republicans picking up seats in the senate holding on to majority there last night hours minority leader nancy pelosi addressed democratic wins what it means for congress going food are forward -- >> this is about error youing the constitutions checks and balances to the trump administration. >> it is about stopping gop and mitch mcconnell assault son medicare maked affordable care act account the democratic congress led with tri transparency and openness american people want results. >> transparency openness what we want joining us to talk about that america first action spokesperson former white house press secretary author of the briefing politics the press and president sean spicer here chief political correspondent

for washington examiner byron york thank you so much for being here. >> your reaction to last night's results. >> four things one i think by republicans picking up senate denice history historic president was essentially not victory the rnc in america first essentially to provide air cover ground game data operation that all candidates used, fourth i think more importantly delta between what i just said is at a the green wave hit individual campaigns democratic campaigns one by would be saw money coming to coffers like never before shook up when party committee did job outside groups did job campaigns flooded with money on individual basis that many cases they couldn't comeet. maria: you are right when you have a guy like michael bloomberg as much as he put out there. >> by the way, that same dark money, that nancy pelosi just

said they are going to get to the bottom of get rid of they had george soros bloomberg tom steyer funding stuff dark money only bad when it benefits republicans. >> 120 million bloomberg almost 100 mill -- million. >> in it you write look for trump to pursue senate focused strategy continued string of judicial confirmations coupled with executive actions that do not require congressional approval could give p president more accomplishments even if he cannot pass legislation tell us more about that. >> well, the big news is the president party loss at it house, so if -- you know spending bills have to originate in the house, the house is a big part of entire legislative process, so if the president had a legislative agenda going into the second half of his term here, then he

is going do have to change that on the other hand, the one thing, that has really united the president not only with his base but with republican establishment that is sometimes, skeptical about him one thing that is united them all their support for the president's judicial nominations not just two supreme court justices, but the record number of circuit court of appeals justices confirmed at this time, in president's term, this is something hugely important to the president, hugely important to the base and will get easier now that there are going to be more republicans in the senate. >> the top two issues for voters according to fox news research, number one health care, number two immigration. "the wall street journal" editorial, points out today, that issue on immigration speaking about it the way that he was, on the campaign trail, his closing argument was a bust, looks like it was a bust. you had all the problems with

immigration a republican congress did not fund the wall, did not start sanctuary cities on funding on health care, again, incoherent message from gop in senate couldn't pass repeal and replace again, the idea was the republicans who are running in the house didn't say anything, democrats up reading on it got to fix both issues politically in the next two years. >> right the republicans had all branches of government failed to address immigration the president number one thing kept talking about building the wall done nothing on issue on health care after wilderness 8 years during obama rallying obamacare talking about all things that we would do, frankly to be honest we didn't deliver if you think about it we came within a yard of doing that we loss about it one vote in the senate but i think that the american people are not worried about how close you got they want to know did you do it, the democrats now are going to come in do this the interesting thing out of today where i look at two races

start number one the race for speaker of the house nancy pelosi was big problem on hand i said with cavuto last night a ren everyone onstage a show of force of power to tell all newbies that hay lessen i run this place going to be speaker, mark my word it is going to be next 48, 27 hours you tough to see how she cshe is putting people said i would never vote nor nancy pelosi make first vote for nancy pelosi going back an word race for 2020 began today. >> tweeting on midterms this morning what he said a moment ago to any pundits or talking heads, that do not give us proper credit for this great midterm election he remember two words, fake news. he tweeting again, saying this, it if democrats think they are going to waste taxpayer money investigating at house level we will be forced to consider investigating them for all the

leaks of classified information and much else at the senate level two can play that game, this is what i mentioned earlier, the fact that he has got more seats in the senate and going to have a new ag, right back at them investigate them as trying to investigate him. >> these are seats in the senate what people got to remember that for many folks ted cruz look how tight owed seat to him you look at montana florida places that he went all ip, people understand, not just that they won they know that if he is going to have them to do something he is resonated with that face fulfill agenda issues priorities one thing to win another thing to win the way he did. >> jump in. >> one thing to remember about this is some a lot of the progressive stars being touted in the democratic party before elections did not do so well, beto o'rourke in tpz andrew

gillum in florida, and, stacey abrams in georgia, not all congressional seats, of course, but will some of the progressive stars did not do that well, you did not hear, nancy pelosi talk about impeachment last night i would be shocked to hear her talk about it any time soon she used kfkt kind of code for a lot of subpoenas, but there is going to be a debate inside the democratic party in the house, about how far to go against the president on all this because they realize that voters may not be onboard for all this there was an exit poll result last night showed a majority 54% surveyed said it be russia investigation was politically motivated, that is what adam schiff is about do democrats goont all in get up front on that right now? >> politically motivated give me a break has been two years go ahead. >> if i can tweak one thing

byron said not going to be a babe a downright food fight wrestling watch this progressive wing not to play footsie they want to impeach him go after him that is -- >> last i checked still america what is it? >> has this has nothing to do with facts just has to do with with they have been saying so long you understand nancy pelosi is left wing as she is politically savvy to understand that would undermine doom any chances of a, making a majority for 2020, b, sharing kin election no 2020. >> -- help the president if they go investigation after investigation come up with this impeachment garbage about nothing. >> i think democrats have insatiable desire to go after this president scorched earth the heart of the resistance movement i think the leadership races when i talked to members this morning that

is what they are talking about both sides you aisle republicans and democrats who is leadership team they tried to snooker new members have votes next week before they have been able to catch their brett i think there is going to be chaos on the democratic and the republican side on leadership. >> remember, before the election, there was talk maybe nancy pelosi said she might just be a temporary speaker. but when you looked her at the leadership team, pelosi hoyer clyburn up there, they are all getting up there, and these are not the leaders that new generation democrats had come here to washington to elect. >> i thought she transition. >> i that i dog when i feel for that you will i did that you will got you here, i vested all time and money give me one more term i will turn keys over to you guys i think how she is going to quote snooker them say vote for me one time a transition plan i

will appoint a bunch of people to do nothing positions in leadership so you can say you got a seat at the table but i need that power for one more term -- [laughter] -- >> more than 50, 50 democrats not to vote for her you can't get to 218 on the floor. >> your point jason i think you are spot-on not just pelosi you have hoyer below her hardly a progressive clyburn black caucus hispanic contact u.s. clamoring for seats at table this is a food fight for them. >> you say 2020 reelection pain starts today. >> the 2020 reelected president a long time ago so that who is going to be at the table. >> everyone there is going to be tables, i think if you have been elected o dog catcher student counsel treasurer you are throwing your matt in the ring every democrat registered to vote probably -- >> every loser behind beto o rorschach helped him raise 70

million dollars pushing beto andrew gillum as ticket for 2022 individuals -- >> it would have helped if they had won. [laughter] >> remember we had 16 or 17 in a republican primary in 2016, very -- we would yee group you could had been as many as 20 democrats this time arounder. >> he is generous. ♪ tments tailors portfolios to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed. cheryl: whether you do well or not. fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. the new lincoln mkc.mix.

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amazon live at new york stock exchange with more on amazon market going to open strongly. >> could be a third definite gains foort dow and s&p maria with amazon 200 cities that competed for second headquarters saying if we knew we were competing for only 25,000 jobs 2 1/2 billion

dollars in investment our pitches might have looked differently. on the report, that the front runners tosplit would be crystal city virginia long island city new york "the wall street journal" reporting dallas, texas as well i thought i would share one line from the dallas news editorial board i think sums it up it says the states would be better served removing such barriers to growth from the outset, instead of cuomo in new york basically lowering the cost to do business in new york for amazon maybe they should change things to be more business friendly going forward, i thought would you like that, also to look at facebook shares very interesting, there are facebook retail pop-up shots, 100 small businesses on the site, setting up a national train across the kin finally mood on the floor nice gains on this day after the election day up three days in a row getting a couple comments

number one source of uncertainty removed so we are glad that the midterms are in rearview mirror, caution a divided congress could be more investigations for the president trade big issue. maria: certainly undone we will watch what happens with china lauren simonetti on the floor nyse a big republican win in hoosier state live to indiana next formconnecticut senator joined me joe leeb bayne iran what impact sanctions will have, stay with us. alerts -- wouldn't you like one from the market when it might be time to buy or sell?

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. maria: markets in midterms futures to higher opening for the broad markets dow industrials up 150 points nasdaq up 66 to talk more about markets, right now, how to invest is darrell hanley managing director equity portfolio, great to see you thanks so much. >> reaction to the midterms and effect on markets? >> yes i think, the main thing for the markets really was for us to get past midterms without surprises i think exactly what happened so good news uncertainty past midterms got what we expected in terms of house going democratic, the republicans in senate so i think that markets look to next thing whatever that is move forward. >> thee things first and foremost the fed stronger dollar has had impact on this market the fed certainly influences that second thing is trade, right we have seen earnings reports out people are talking about, their selling into at the emerging markets especially hes

consumer discretionary side peak operating margins peak this peak that what is take where to position into the market three overhangings, i know on in how 20% -- i agree. >> let me take in different order, so rates first normally we would talk about rates more than we are. because when fed starts raising rates three steps stumble generally means that we slow down a little forward should be biggest issue in terms of monetary policy this year fiscal stimulus juice at the end focusing on rates, earnings a lot therefore market has another great year. tariffs to me trade tariffs are this new issue that is really weighing on the market, because it is uncertain what is happening clearing impact on decisions on costs, weighing on the economy, so frankly i am hoping that is somewhat a political hot

button getting through elections will help focusing on resolving that issue. >> i can turn those issues to the new congress, coming in in january, this they will have to ratify the mexico canada trade deal number one in terms of interest rates, you have a congress that needs to get control of spending can that happen with democrats controlling the -- [laughter] -- the -- >> the -- you think nancy pelosi helping to lead house do you think suddenly fiscal restraint is going to become -- >> flois way that happens. >> if republicans in the senate grow up, realize there is no blank check. >> markets will get nervous as interest rates go higher with 21, 20 -- >> we are paying close to a billion dollars a day interest on that debt. >> the interest just interest payment. dagen: annual budget deficit goes to a trillion dollars. in matter of months but,

again, if you see spending restraints that helps keep those concerns in check potentially. >> an issue for markets. >> i think it is already been an issue, obviously rising rates part of the problem i don't think we are going to see resolution frankly on the budget side back to what he was suggesting earnings peaking, what are we going to do part of that is i think the markets readjusted a little bit we have seen market come down somewhat is important you know, we still don'tcy a recession coming don't see recession coming those are slowing a third of earnings growth from tax cuts as we roll to next year right that third is going to be gone compared against -- we are seeing growth i think that is important so yes, things are slowing, actually from our perspective value managers we hope that means value tends to take forefront rising rates things slowing value in market but the cycle led a longtime by growth we are starting to see transition we hope within market so still ways for us to capture a real value, but it

will be different in the ways we invest. >> where is the value what do you like 86 billion dollars assets under management how do you invest. >> right now overweight health care, industrials, we had a significant weight in financials, discretionary you have to be care there are places where if a fairly valued some names below 10 seems earnings nice dividend yields. >> you are talking about pay great dividend now overhanging of the election is gone hopefully, you know, that maxine waters financial services committee in house won't be a big sfwhurd new headlined risk you talked about it for pharmaceuticals health care companies coming out, it is hard to quantify but risk nonetheless. >> to have you try to separate -- hard between headline risk impact on earnings cash flows we hope from financial specificity regulatory changes still happen, right, and fundamentals may slow, we

still have a good economy when it comes to health care yes, there is conversations around pricing, drug side but other things helped like managed care at this point, obviously obamacare in place, so you have to bifurcate try to find where the value is. >> great to talk with you thank you so much mark joining us there democrats taking control of the house for the first time in 8 years, republicans keeping senate picking up sets a jeff flock live in indianapolis, indiana has more on that good morning. reporter: good morning to you from indiana capital spawned a republican vice president and now new republican senator man named mike brawn, indianapolis paper called him mild man erred, headquarters last night as he declared victory this is a guy was inspired by president trump in 2016, to

run for the senate, he is also a businessman mike braun, auto parts distribution business. as i said mick braun not a fiery orator last night in victory speech he actually called for a little bit of an end to the fiery oration take a listen. >> you want to win you got to make your case. and we did it. the one thing i would love to see change in politics is it has gotten way too nasty on both sides it should be about ideas, should it be about what you bring to the table. reporter: what you bring to the table he says, and maybe a little less nasty mike braun's victory spawning this concession line from joe donnelly democrat senator said would i like to thank ever hoosier a great honor of my life to represent indian in the senate i wish mick the best i hope he makes every single hoosier proud as our

senator. mike braun joins three other republicans, p democrat pickups take a look kevin in north dakota josh hawley missouri rick scott in florida, for you new republican senators control of senate from marginal republican control, to strong republican control. back to you. maria: thanks very much jeff flock laying it out breaking down balance of power in congress joe lieberman joins me next to discuss highlights from last night and iran sanctions president trump holding a news conference 11:30 a.m. eastern back in a moment. ♪ ♪ because of depreciation.

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your doctor should perform blood tests before you start and while taking xeljanz xr, and monitor certain liver tests. tell your doctor if you were in a region where fungal infections are common and if you have had tb, hepatitis b or c, or are prone to infections. xeljanz xr can reduce the symptoms of psoriatic arthritis. don't let another morning go by without talking to your rheumatologist about xeljanz xr. maria: i am maria bartiromo, thank yous much for joining us

this morning wednesday, november 7 a divided congress one day later after migrant midterm elections democrats take house of representatives, 219 seat majority over in senate the republicans maintain with 52 seats two races waiting on president trump a news conference 11:30 a.m. at the white house to address midterm results fox business will take you there live 1 :30 a.m. >> futures indicating a rally at start of trading dow industrials expected to be up 160 points the nasdaq expected to be up 71 in europe momentum continues stocks upside we had economic data out of germany as a result, this market is up 100 points on ft 100 one and quarter% cac quarante pooris up 631 1/4% dax in germany 100 points hyperasian markets

mostly higher exception of china, of course, americans waking up to a divided congress this morning the democrats took control of the house last night for the first time in 8 years, meanwhile, republicans expanding majority in the senate gop flipping several senate seats growing wins in battleground states president trump tweeted about it in all fairness nancy pelosi deserves to be chosen speaker of the house by the democrats if they give her a hard time, perhaps we will add some republican votes she has earned this great honor. says the president, joining me right now joe lieberman former connecticut senator former vice presidential candidate united begiagainst nuclear iran chairman. >> tell us about your reaction to this last night. >> a divided country politically expresses itself in a divided way. republicans not only hold senate but build majority could go as high as 54,

democrats retake the house, you might say, that that is what usually happens with the party that is out in midterm election but they did pretty well there are some messages there, for the republicans and the president particularly, in how well the democrats seemed to do if suburban areas. >> what is your take in terms of what happens now? this will new congress work well or not well with the president? >> tell us what you see the next two years success in senate -- >> right it is totally different now i mean let's say the president's most zbaent legislative accomplishment of the first two years was tax reform tax cuts. those would not pass in new congress, not as they were, the democrats in the house would negotiate for change, on the other hand, if democrats in the house try to repeal tax cuts that is not going to happen because the president

won't allow it republicans in the senate won't, so gridlock is not inevitable grid lock is a choice that people make, and there is going to be differences of opinion but the question is, can the president and democrats in the house particularly find some areas of common ground? they have got to agree on a budget, or else the government shuts down and that is not good for anybody certainly not good for the country. so we will see, i like the president's tweet this morning i am going to take i want as at face value. >> in terms of nancy pelosi. >> yeah. >> o do you think going to be speaker a lot of people want that job i spoke with tim ryan on "sunday morning futures" tried town seat her rental i asked him about the potential for him being speaker here is what he said. >>s after 2016 election you wanted to unseat nancy pelosi, to become speaker of the house, are you running for speaker of the house this time? >> we got a couple more days

there are a number of candidates that are having conversations that are talking about running i will say it is not going to be a coronation somebody is going to run. for leadership. i think it is important that we have this discussion. and have this conversation. i think the american people want a change, i think a lot of democrats want a change, and so we're going to have that discussion starting, starting on wednesday, let's hope we are having a conversation about speaker was the house not leader of minority party in congress there is a lot of conversations happening right now. people from cross the country different candidates different demographics talking about running for that leadership. >> he dodged the question, whether or not he is going to run, built she is not going to give it up. >> not going to give it up nancy is a liberal democrat from san francisco everybody has to remember housekeeper dad was the practical democratic mayor of battle more a long time ago she is a

very effective politicians so you i put my money on nancy pelosi to be elected speaker might make moves to bring some new generation in a democratic caucus into the leadership, that will probably be a smart thing to do. >> do you think, i mean, we are going to see the investigations on house side they have said what they want to do investigate president trump, does that help the president come 2020? >> it could, i mean really depends on whether the democrats in the house are investigating are issuing subpoenas to the administration. are sensible duly licensed in about it if it seems to be attack president trump everything he does, it he it is not a constructive agenda, there will be some of that that is oversight that is congress's responsibility. but democrats have to come up with an affirmative program would be great to find areas to agree on in my opinion most

infrastructure reform support both houses possible if they let it go as political issue could agree on immigration reform great for the country president could get his wall a strong one rules for what how you come in here, but the democrats could get daca some other immigration reform pieces they want. >> you would think they should work together want to work together what american people want. if just fighting nothing gets done -- >> i agree i want to say a word about something i have been involved in low labels you are no at a democrat or republican liberal conservative we are americans let's work together. >> supporting some republicans. >> yeah, we raised, untold story raised over 15 million dollars, invested in 27 house races, pretty equal number republicans and democrats, about problem solvers conservatives liberals

modrates won -- of the four we lost three moderate republicans in suburban districts republicans wlorp not particularly pro-trump they lost to democrat democrats there is a core group that is going to want the democratic house leadership and i think the republican leadership to figure out ways to work together solve problems instead of fighting next two years. >> you would think. >> you would think, are. >> the people want, let me turn to iran, the sanctions went into effect this week, what is from your standpoint. >> first, i can never say enough because so i am concerned about the threat that a nuclear iran represents u.s. and the world. you can never say enough thank you to president trump for getting us out of that bad iran nuclear detail for reo imposing sanctions, iranian economy is hurting the only

way, to get them back to the table to negotiate a better deal in which they really give up their nuclear weapons if they don't i think, there is a chance of an uprising by the iranian people what happened this week, was -- more sanctions on iranians critically i don't think new congress with democrats in control of the house will alter the president's policy, on iran at all. in fact that the democratic support most of it for the iran nuclear agreement was really an act of loyalty to president obama, who negotiated that agreement, i think you got somebody like elliott coming in to run house foreign affairs committee basically agrees with position that that is not a good reason loyalty to president obama, to get into a deal with iran. >> i certainly agree with you. >> i mean come on. >> therefore i think that the democrats most in the house will come back to natural

position there is no constituency for supporting iran, a radical islamist terrorist -- >> jon built aon to -- john bol i asked about china trying to cut supply from iran maybe buying oil from u.s. here is what he said. >> there was a report on friday, that china is looking to buy oil from the united states. as opposed to iran. and this is going to be the beginning of a new trade deal that the president is going to talk with president xi about when he sees him at g20. truth. >> i think a lot of possibility i think american production of oil and gas the potential for export is enormous a strategic alternative for the europeans for buying returnan oil and gas could be strategic alternate in the far east as well you already see chinese banks stopping clear in iranian financial transactions would rather do business in united states same true for

many chinese businesses reach of american economic power norms what the president is using here. >> i thought interesting about the oil. purchase. if that materializes. >> why he xeemgs. >> i frankly disappointed about some of the way that administration gave some countries but they said the administration one time maybe six months temporary and going to take them off it is a way to -- wean off iranian oil great story that is we are now u.s. and net exporter of oil and gas the industry here, through o technologically notification is producing so much oil saudis ready to fill gap resurrection not particularly friendly with us at this moment want to do business they produce a lot of oil can take the place we are really in a strong position,

to squeeze tier -- the iranian academy best way to get them to behave. >> thank you so much senator lieberman we'll be right back. stay with us.

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for president trump as well joining me to weigh in on

midterm elections host of varp varney stuart varney good morning. >> good morning, maria. good to be with you last night. >> the same. >> o i ducked out early. >> so did i. >> i ducked out first. >> i think, this is -- [laughter] >> president trump just boxed historical average 1949 first term bill clinton lost 57 seats 2010 presidento first midterm lost 63 seats. president trump maybe going to lose what 25, 30? maybe? he is historical average plus turned in a gigantic win in the senate i believe at the moment up gop up four seats maybe six by the end of this day, plus, president trump really did move the needle in those states where he went to campaign, for senate

republican candidates. that is a win in my book, not necessarily a democrat loss but the president performed a lot better than the historical average that he was supposed to perform what do you say. >> i agree with you i think he comes out a winner, you are right he helped a lot of those candidates he worked over time with rallies. >> nice stuff. >> i know a lot more 10 minutes see you then thank you so much "varney & company" top of the hour 9:00 aem eastern top of the he her. >> eyes on arizona the senate race too close to call as we speak, back in a minute. ♪ ♪ come on come on come on ♪ ♪ come on ♪

welcome back divided congress hillary vaughn in arizona breaking down the senate race too close to call still. reporter: that is right maria both candidates democrat sinema, republican mcsally locked in a dead heat waiting for votes fob kouvendz you will both left victory parties without taking stage too close to call the arizona republican party is already calling into question 3,000 votes for maricopa 60% arizona voters live threatening to sue county case they opened up early voting centers over the weekend, early voting was supposed to end friday so they are saying votes came in over weekend early voting centers were you should not be counted, county recorder says if party wants to sue them sue

them he plans to count all 3,000 of those votes. >> thank you so much hillary vaughn in zairp, in wisconsin, wisconsin governor scott walker losing bid for third team are cheryl casone with details on that other votes still cheryl: watching a few tony evers unas he said republican governor walker campaigned on promise of cutting middle class income taxes eliminating a tax credit program for companies, out of florida -- now allowed to vote votes proving amendment four allows most felons to vote once they complete sentences go on probation anyone con victory of murder not allowed to vote. >> michigan 56 supported recreational use possession of's for people 21 and older.

now voters in north dakota however rejected a ballot measure to extended legalizing's beyond medical use states opening up to medical marijuana first time 65% missourians voting for it in utah 63% support legal looidzing medical marijuana, back to you. utah quick not going to collect state or local income taxes on that interesting fascinating to legal marijuana concerned colorado collected 250 million dollars last year 207. >> a quick break final thoughts from all-star panel back in a minute. ♪ what if numbers tell only half the story? at t. rowe price, hundreds of our experts go beyond the numbers to examine investment opportunities firsthand.

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at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. >> all right final thoughts in this all star panel. jason. >> one race kim renolds became governor of iowa.

big victory impressive victory. >> we'll take a look at kim renolds. >> digestible rally. it is back to santa claus. >> problems humidity affecting machines in north carolina and wet ballots in connecticut delaying the count there. smg i had a problem when i went to vote. machine broke i waited in line. have a great day even. "varney & company" begins right now. stuart take it away. >> i don't know how you do it maria. did you sleep at all? ready to cease the day. >> good morning maria good morning everyone. news in and opinion on this day after big deal election. it was not a blue wave. not even close -- the swing to democrats did put them in control of the house, but only just it was a strong red showing if in the senate. the republicans picked up four seats arizona montana not yet called but both are leaning to