Secretary Steven Mnuchin on the u. S. Economy and Financial Stability. He talks about Digital Currency, World Bank Lending at the potential impact of Climate Change. Ready to go . The committee will come to order. Without objection, the chair is authorized to declare a recess of the committee at any time. This hearing is entitled promoting stability, reviewing the administrations regular approach to Financial Stability. I want to inform all concerned that this meeting will end at 1 p. M. Per the request of the secretary. I now recognize myself for four minister give an opening statement. So let me welcome back secretary mnuchin. Today we are here to discuss the Trump Administrations actions that have undermined and not promoted our nations Financial Stability. As ive said many times before, i am very concerned about this administrations actions to eliminate important protections for consumers, investors and our economy. It appears that our banking regulators are following that te dereg
Can know and share the fruits of your spirit, especially in this time, virtue of tolerance and reconciliation, of justice and righteousness. Watch over this house and cause your blessing to be upon each member that they might serve all the people in their home districts, those who voted for them and those who did not. May all that is done within the peoples house this day be for your greater honor and glory amen. That we all the speaker the chair has examined the journal of the last days proceedings and announces to the house his approval thereof. Pursuant to clause 1 of rule 1, the journal stands approved. For what purpose does the gentleman from arkansas rise . Mr. Speaker, pursuant to clause 1 of rule 1, i demand a vote on agreeing to the speakers approval of the journal. The speaker the question is on agreeing to the speakers approval of the journal. Those opposed, no. In the opinion of the chair, the ayes have it. The journal stands approved. The gentleman from arkansas. Mr. Womac
President s longterm advisaries help push it through and people like nancy pelosi is trying to stop it. It seems like it will get through. It seems like the majority leader is going to get the vote he needs. He needs 60 votes. He had 14 democrats vote last time. Tpa and taa, putting the two together is how they got it through the senate. The house passed one and not the other and they will vote on that and send the clean version of the trade assistant adjustment act back to the house and the challenge is for House Democrats to decide if they will nuke the deal again despite the push from the president and Senior Leaders in the administration. When the president came to capital hill, nancy pelosi was there are him and yet she votes against it. Will she do that again . That is the real question. The thought is there is heavy pressure on House Democrats. This is a piece of legislation on the trade assistance remember . This is the federal assistance to workers. This is something that is i