Hensarling the meeting comes toorder. The chair is authorized to call recess at any time and members have five days to submit records. The hearing is for the purpose of receiving the secretary of treasuries annual report on the state of the International Financial system. Before proceeding to that report, i will give you a report on the hollings worth family. Joseph albert holingsworth arrived this morning weighing in at 7 pound, 15 ounces. Mother and baby are doing well. Husband and father is a total wreck but congratulations to our colleague tray hollingsworth. [applause] we will give him an excused absence from this morning. We welcome secretary treasury steven mnuchin. As we know this system rest heavily upon your u. S. Financial system and that system clearly needs improvement. Fortunately, President Trump has outlined a bold, forward looking plan to tackle the Serious Problems facing hard working American Families who have seen their pay checks stagnant and dreams diminish. The e
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