00:00We're issuing a single new one. In 2025, we shattered the goal with a ratio of 129 to 1.
00:07As a result, the regulatory actions generated more savings last year than those of the prior
00:12Trump administration combined. Separately, any one of our initiatives on trade, tax cuts,
00:19and deregulation would be substantial. Taken together, they are transformative. Before
00:23President Trump took office, our trading partners exploited America's markets, our regulatory
00:29state smothered businesses, and our tax code was poised to punish workers and job traders.
00:34Today, his policies are driving lower taxes, bigger paychecks, and broader prosperity. So I thank
00:41you on this committee for its partnership in this critical work, and I look forward to building
00:46upon our stride through the President's budget for the year ahead. Thank you. And I do want,
00:51I had hoped to keep this in terms of the economy. Senator Wyden has mendaciously slandered the Treasury
01:01Building in an attempt to cover up his son having an investment meeting with Jeffrey Epstein to ask
01:10for funding. Thank you. Mr. Chairman? Yes. Let's be clear here. Nobody is interested
01:22in the ramblings of a capo in the most corrupt regime in American history. We want to get some
01:29facts about this deal. That's what we're here for. Thank you. Well, thank you, and I will ask my
01:35questions first today. And we would like to hear what Adam Wyden and Jeffrey Epstein talked
01:40about. Your son's largest investment position was Rick's cabaret. So did your son and Jeffrey
01:47Epstein talk about pole dancing as he begged him for money using your limited credibility?
01:56Should I just proceed? I'm going to proceed with my questions, and Mr. Secretary.
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