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Oil shock ripple effects. The impact of equities and currencies and a closer look at stocks that are keeping the dow from hitting 18,000. Is it time to turn on the taps and lift the u. S. Export ban on crude . Well talk to a top dog on Global Commerce. And a shocking reversal on two Insider Trading convictions. The ruling that could change the rules for wall street as the second hour of squawk box begins right now. Welcome back to squawk box on cnbc. Im joe kernen along with becky quick. Andrew ross sorkin is at the dealbook conference. Hell join us in the next hour and well hear from jack lew...

Who was convicted by your office in the late 1990s, his name was francois holloway, i believe i hope you remember him. There was a lot of press coverage on this case during your current tenure as u. S. Attorney. In 1995, mr. Holloway rejected a 10year plea and was convicted after a trial on three counts of armed carjacking and possessing a gun during a violent crime. Those subjected him to consecutive mandatory minimum sentences and he received a total ofic 57 years. Total of, i think, 57 years. In 2013, judge gleason, the district judge in brooklyn, who sentenced mr. Holloway, began a campaig...

Exhibitions of being a professional in her line of business and if shes not confirmed it would be a shame to the congress and it would be a shame to america. This is a very sharp, intelligent woman who is very professional who answered all their questions. And came across as an excellent, excellent candidate for attorney general. And if she is not confirmed, everybody in the senate ought to just resign their positions is what should happen. On to alexander in pennsylvania on our republican line. This is barry of the just make sure folks, you turn down your television or radio when you call in....

Let us pray. Dear chaplain conroy let us pray. Dear lord, we give you thanks for giving us another day. At the beginning of a new workweek, we use this moment to be reminded of your presence and to tap the resources needed by the members of this peoples house to do their work as well as it can be done. May they be led by your spirit in the decisions they make. May they possess your power as they steady themselves amid the pressures of persistent problems. May their faith in you deliver from them wear them down. All this week and through the week may they do their best to find solutions to pres...

It is 5 00. Good morning, everybody. Taking a look outside. We have temperatures a little hint of fog in petaluma and napa at 39 degrees. Otherwise 49 in oakland. 53 in San Francisco. Clouds in the bay area today. It will become partly cloudy but springlike 60s and low 70s. Rain, well talk about that next time around. Thank you, roberta. And out the door, things are moving like clockwork here through antioch. Unfortunately, that means that the delays are picking up. So usually the commute begins right around this time. 19 Miles Per Hour between hillcrest and a street. It still looks okay if yo...