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Mnuchin testifies about the u. S. Economy. He also talks about Digital Currency and the potential impact of Climate Change. Waters the committee will come to order. Without objection, the chairs authorized to declare a recess of the committee at any time. This hearing is entitled promoting stability, reviewing the administrations deregulatory approach to Financial Stability. I want to inform all concerned that this meeting will end at 1 00 per the request of the p. M. Secretary. I now recognize myself for four minutes to give an Opening Statement. So let me welcome back secretary mnuchin. Toda...

C the committee will come to order. Without objection, the chairs authorized to declare a recess of the committee at any time. This hearing is entitled promoting stability, reviewing the administrations deregulatory approach to Financial Stability. I want to inform all concerned that this meeting will end at 1 00 p. M. Per the request of the secretary. I now recognize myself for four minutes to give an Opening Statement. So let me welcome back secretary mnuchen. Today we are here to discuss the Trump Administrations actions that have undermined and not promoted our nations Financial Stability....

This is nothing this is something we should work on, and the work on this predated me coming to treasury and this has been a long time, and as i mentioned earlier, we may come back to congress and suggest that you pass legislation. I would ask you, this is not on your 2021 calendar. This should be on your december calendar. I agree. I look forward to working with you. I need to know whether you need legislation. I need to know what you need and we need to make sure that are 2 billion of outstanding debt where people kbts determine what interest is supposed to be paid, and i want to move on bec...

[inaudible conversations] [inaudible conversations] the committee will come to order. Thank you all for being here. I would like to thank Ranking Member whitehouse, my friend and collaborator. Its great to be here at doing this together. I was just saying to him, i told him i would tell you it would bt nice to them in his edges because hes a top question. He will take you to test. I would like to thank the witnesses for their attendance today. I would also like to highlight two empty chairs today, which i say for saved for two and find witnesses who apparently dont show your commitment to disc...

And thank you for transcribing all that were doing. And thank you to cspan for covering us. Without objection, all members will have five legislative days within which to submit additional written questions. Just a few moments left in this testimony. Well go live now to capitol hill for a Senate Subcommittee hearing on data breaches and cybersecurity. Among the witnesses is the Vice President for microsoft. This is live coverage on cspan3. For two invited witnesses who apparently dont share your commitment to discussing this issues. One is for tiktok. If you dont know what tiktok is, you shoul...