d.c. where i will be joining you in a couple of hours. here we are shy of noon eastern time stephanie this time tomorrow we should be witnessing the swearing in or the beginning of the swearing in of donald trump. reporter: we should. think about this. this is a whole new world what we are about to experience tomorrow. but today look how contentious things are. we talked so much about draining the swamp. when you look at the hearings today, what betsy devos went through, tom price, so much was about draining the swamp and how about transparency. so to watch steven mnuchin and say he simply didn t fill out this form right. a lot of people are saying give me a break. you have got to get your forms filled out correctly. it s tough for people to appreciate to hear people say well i got into the business, i bought indy mack because i was helping the american people. now steven mnuchin buying indy mack, maybe there were people
respect. we need to analyze this carefully. the analysis, they have 380 billion dollars of equity capital that they had a 2 billion dollar risk. now, last time i went to med school and that was a long time ago, that is basically pennies on a whole bunch of dollars. number one. they re in the risk business. they weren t risking the cd s or borrowed money, it s their equity capital. stay the hell out of it. it s insane. consumers, if it boiled up because we overregulated the prices would go up for credit cards, and everything else that we ve been careful about regulating and how has that worked for the consumer? jonas maybe i m not saying there s a lot wrong here, aig had a lot of equity and wrong analogy, come on. brenda: let him talk. an indy mack bank had a lot of capital and banker consumers didn t have to worry about that either, but what happened the government had to walk in because the fdic insurance, retail banks, you
he is steve mnuchin. he s a finance chairman. he helped raise the money for the presidential campaign. he bought indy mack. the most interesting thing about him is he s a hollywood movie producer and produced films like the lego movie. will bert ross is a billionaire investor. he resurrected dying companies. his company owned that mine in west virginia where 12 miners died in the explosion. he was a trump supporter all through the election. interestingly enough about ross, he was a long time democrat. now todd rickus, his family owns the cubs. he initially backed scott walker and supported trump but a superpac. donald trump had negative things