00:00Great job. Appreciate it. Lori, please. Mr. President, everybody here who spoke works at the Department of Labor, clearly, which I love. They have all the correct talking points, but I think that's a testament, again, that we are all working together every single day. We talk to each other often, and the workforce, the skilled workforce, the education factor, retirees, it's been so important because they all touch the Department of Labor, and I have the opportunity to work with every
00:29single one. If you all haven't stopped by the Department of Labor, Mr. President, I invite you to see your big, beautiful face on a banner in front of the Department of Labor because you are really the transformational president of the American worker, along with the American flag and President Roosevelt because we're bringing business and labor together, and I was so honored to unveil that yesterday, and everybody is taking note of that. You also mentioned crime, and I think it's been important for my colleagues to recognize that
00:59that now American workers can return to work and feel safe, that business owners aren't shutting down their businesses because they're afraid they can't protect their workers, and now it's open for business again, and it's starting right here in our nation's capital. Many things have been mentioned about consumer confidence. Unemployment is holding steady, and more than 2 million net jobs for native-born Americans has been key. Under your leadership, 84% of the workforce and jobs has been produced by the private sector.
01:29I think that was the mission of this administration and the Department of Labor. And I will continue to say for a little bit longer until I heard you today, the one big, beautiful bill, because it equals one big, beautiful workforce.
01:42And Congress passed this legislation. It probably will be the single most important bill that they did sign because it is protecting our American workforce by expanding Pell grants and childcare and reduction in taxes that they can keep more of their hard earned dollars. I am at the Department of Labor announcing $30 million in grants for our skilled workforce that I have an MOU with Secretary McMahon. I have an MOU with Administrator Loeffler. That's important to
02:12to share the data points on how important this is. In June, we awarded nearly $84 million in grants for the capacity of what? Registered apprenticeships. An executive order to have 1 million active apprentices across this nation, where we've already registered 185,000 since in the last few months.
02:32One of the other things that we have done is the Biden administration's guidance on cryptocurrency. And thanks to you and your leadership on that, we've rolled that back. And of course, we're going to see the 401k, the investors in our alternative assets. That's been key through the Department of Labor to work through.
02:50So, partnering with our agencies, again, as I mentioned before, is important as we work together. I have visited, I'll be 31 states on my 50 state tour by the end of this month. I'm headed with Secretary Duffy, with the South Korean President Lee today, as we move through the ship building. We will do that in Philly. And then I'm off to New England to talk to those states about how important the apprenticeship program is.
03:16But while I visited Hexel in Salt Lake City, 100% domestic carbon fiber for the Department of Defense as they produce, they are announcing another billion dollar investment per your executive order on advanced manufacturing. So it is working. Everything that you have been saying since you were elected, and since we all can put into play, has been working. Ohio, McDonald's is investing 375,000 new jobs.
03:45The shrimpers, the shrimpers, I visited as well, and they need our help in protecting that industry for our American fishermen and shrimpers. In Minnesota, I toured Cambria. When we're talking about quartz countertops, all made in America.
03:59And again, in Oregon, where we are expecting a crackdown. Thank you for what you are doing with your agents on ice. And thank you for the prosecution that I hope you will come to Portland, Oregon and crack down. But while there are still good people, I was able to visit Buckeye Pacific, really a trading floor for the timber industry. So we still want to focus on great, hardworking American businesses.
04:22Mr. President, I couldn't be more excited to ring in Labor Day in Erie, Pennsylvania for the Labor Day parade. I will be there to welcome it. It is an honor to serve this country. It is an honor to serve under your administration as the labor secretary. And we will kick off and Republicans will own Labor Day again, not Democrats. We will own it because we are and you are the president of the American worker. So thank you for everything that you've done. Absolutely.
04:48You're doing a fantastic job. And I will tell you that Lori was recommended by the Teamsters.
04:56I said, that doesn't really work, does it? And it turned out to be one of our best choices. So I just want to thank you and Sean.
05:04Who, as you know, recommended you very strongly. You really turned out to be a gem.
05:08I was able to talk to the president on the phone the other day. He called and we visited and he said, but I know that you were, you know, a little bit middle of the road and not so sure.
05:17I said, Mr. President, I have been a Republican. He's like, what? Wait, what? Now I like you even more.
05:23I said, thank you, Mr. President. I appreciate it. Thank you.
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