1 00:00:00,320 --> 00:00:10,280 Speaker 1: Thank you, Mike. Look good, Mike Lawla. Mister Salt, well, 2 00:00:10,520 --> 00:00:14,000 Speaker 1: it should guarantee your district. I mean, you worked hard 3 00:00:14,040 --> 00:00:17,439 Speaker 1: for New York, right, and you're on television. I'm on television, 4 00:00:17,480 --> 00:00:19,200 Speaker 1: so this should be good for a couple of points. 5 00:00:19,239 --> 00:00:23,479 Speaker 1: But without you and your couple of friends from New York, 6 00:00:23,520 --> 00:00:24,440 Speaker 1: it wouldn't have happened. 7 00:00:24,440 --> 00:00:27,520 Speaker 2: That was not easy, right. Congratulations, Great job. 8 00:00:28,320 --> 00:00:32,320 Speaker 1: Anna, Paulina Luna, Anna, who is so great. 9 00:00:32,400 --> 00:00:34,440 Speaker 2: I don't even if she's here or not here. 10 00:00:34,560 --> 00:00:36,320 Speaker 1: I want to tell you that she has been so 11 00:00:36,479 --> 00:00:39,199 Speaker 1: great and worked so hard to make sure we got it. 12 00:00:39,240 --> 00:00:45,720 Speaker 2: Approve. Ralph Norman, Ralph, Ralph, what happened to? Ralph? 13 00:00:45,920 --> 00:00:51,640 Speaker 1: Nick Begich, Nick, thank you, Nick, good job, good job, 14 00:00:52,040 --> 00:00:53,000 Speaker 1: good good votes. 15 00:00:53,040 --> 00:00:54,360 Speaker 2: I just are a great poll on you. 16 00:00:54,560 --> 00:01:01,320 Speaker 1: Huh, very good congratulations Nick, Andy Ogles, Andy whose terrific friend. 17 00:01:01,360 --> 00:01:06,200 Speaker 1: Beth van Dine, Beth, thank you, Beth, great job, Thank you, 18 00:01:07,080 --> 00:01:10,640 Speaker 1: thank you very much for the great support. Roger Williams 19 00:01:10,640 --> 00:01:14,000 Speaker 1: a great baseball player who also had to take a 20 00:01:14,040 --> 00:01:17,440 Speaker 1: bullet unfortunately, but he is a great guy. He was 21 00:01:17,480 --> 00:01:21,280 Speaker 1: involved in that whole catastrophe, but he's fantastic and has 22 00:01:21,280 --> 00:01:23,120 Speaker 1: been from day one, along with a lot of other 23 00:01:23,160 --> 00:01:25,080 Speaker 1: people that I won't call out because I have no 24 00:01:25,160 --> 00:01:26,240 Speaker 1: idea where the hell you are. 25 00:01:26,319 --> 00:01:29,280 Speaker 2: I think I saw Jason here somewhere with Jason. Oh 26 00:01:29,280 --> 00:01:34,520 Speaker 2: it's lucky I called him. Oh it's lucky they didn't 27 00:01:34,520 --> 00:01:37,039 Speaker 2: put your name because I invited you at the last moment. Right, 28 00:01:37,120 --> 00:01:39,560 Speaker 2: he was over there doing some business in the White House. 29 00:01:40,160 --> 00:01:43,600 Speaker 2: But you've been incredible in your position. Nobody knows more 30 00:01:43,640 --> 00:01:47,240 Speaker 2: about taxes and financing you do, so we appreciate it. Right, 31 00:01:47,360 --> 00:01:49,120 Speaker 2: Is that true, Howard? It's true. 32 00:01:49,160 --> 00:01:51,520 Speaker 1: Thanks Jason, great job, and you'll help out with that 33 00:01:51,640 --> 00:01:55,080 Speaker 1: other matter. You make him so strong and powerful, right 34 00:01:55,520 --> 00:01:59,480 Speaker 1: along with Deputy Secretary of Treasury Michael Falkender. 35 00:01:59,600 --> 00:02:02,680 Speaker 2: Where's Michael? Good? Michael, how are you good? 36 00:02:03,200 --> 00:02:09,919 Speaker 1: You'll help out over there, okay? An Ambassador Ken Howie, Ambassador. 37 00:02:10,160 --> 00:02:11,840 Speaker 2: Thank you Ken, great job. Ken. 38 00:02:13,720 --> 00:02:16,920 Speaker 1: I also want to recognize some of the countless industry 39 00:02:17,000 --> 00:02:21,160 Speaker 1: leaders here today, including Brian Armstrong of Coinbase. 40 00:02:23,040 --> 00:02:25,920 Speaker 2: You've done a good job. Bright's that's a big deal. 41 00:02:26,440 --> 00:02:33,480 Speaker 1: Dave Ripley of Kraken, Sarah, thank you, Jeremy a layer 42 00:02:33,600 --> 00:02:34,200 Speaker 1: of Circle. 43 00:02:36,880 --> 00:02:44,560 Speaker 2: It's a big day. Good job, good job, Jeremy Paolo Ordino. 44 00:02:44,720 --> 00:02:52,080 Speaker 1: Of tether Hello, Pawlo, Thank you, fellow. Ryan mcinnernie of Visa. 45 00:02:52,200 --> 00:02:54,000 Speaker 1: That's a good company. 46 00:02:54,560 --> 00:02:54,960 Speaker 2: Thank you. 47 00:02:56,919 --> 00:03:03,480 Speaker 1: Chris Pavlovski of Rumble. Chris, Chris, what happened to your location? Chris, 48 00:03:04,320 --> 00:03:05,760 Speaker 1: you're always the front rug guy. 49 00:03:05,840 --> 00:03:10,440 Speaker 2: You're just being nice today. I think, how's Rumble doing good? Good? 50 00:03:10,880 --> 00:03:14,600 Speaker 1: If Rumble's doing good, that means Truth is doing good. Truth, 51 00:03:15,360 --> 00:03:17,360 Speaker 1: that's good. You're doing a great job. Thank you Chris 52 00:03:17,440 --> 00:03:24,359 Speaker 1: very much. Vlad ten F of robin Hood Lad, thank you, Rad, 53 00:03:24,639 --> 00:03:31,520 Speaker 1: Thank you, Lad Good Tyler and Cameron Winklevoss. These are 54 00:03:31,520 --> 00:03:37,000 Speaker 1: two smart, handsome guys. They got the whole package. They're 55 00:03:37,040 --> 00:03:39,360 Speaker 1: of Gemini, but they have the whole. They have a 56 00:03:39,400 --> 00:03:41,600 Speaker 1: lot of things, actually, but Gemini is just the one 57 00:03:41,640 --> 00:03:44,480 Speaker 1: for today, right. They've got the they've got the look, 58 00:03:44,680 --> 00:03:49,240 Speaker 1: they've got the genius, got plenty of cash and it's 59 00:03:49,240 --> 00:03:51,240 Speaker 1: great that you're on our side. You guys are great. 60 00:03:51,360 --> 00:03:54,000 Speaker 1: I can never tell them apart, but their mother can't. 61 00:03:54,000 --> 00:03:56,360 Speaker 1: I ask, can your mother tell you a part? And 62 00:03:56,400 --> 00:03:59,000 Speaker 1: the answer is yes easily? Or is it tough for her? 63 00:04:00,320 --> 00:04:03,720 Speaker 2: I figure good. You guys have been great, Thank you 64 00:04:03,800 --> 00:04:05,040 Speaker 2: very much. Great to be with you. 65 00:04:05,720 --> 00:04:09,760 Speaker 1: Let me say, the entire crypto community, for years you 66 00:04:09,840 --> 00:04:13,880 Speaker 1: were mocked and dismissed and counted out. You were counted 67 00:04:13,920 --> 00:04:16,159 Speaker 1: out as little as a year and a half ago. 68 00:04:16,920 --> 00:04:20,320 Speaker 1: But this signing is a massive validation. And even before 69 00:04:20,360 --> 00:04:22,840 Speaker 1: this signing, over the last year year and a half, 70 00:04:22,920 --> 00:04:25,000 Speaker 1: I think yourself has gone up more than any stock, 71 00:04:25,160 --> 00:04:27,680 Speaker 1: or just about more a couple of stocks that were 72 00:04:27,720 --> 00:04:30,640 Speaker 1: pretty good, I will say, but you have certainly as 73 00:04:30,680 --> 00:04:33,520 Speaker 1: an industry, gone up more than anybody. Nobody's gained the 74 00:04:33,560 --> 00:04:36,320 Speaker 1: respect in such a short period of time. But this 75 00:04:36,400 --> 00:04:39,480 Speaker 1: signing is a massive validation of your hard work and 76 00:04:39,520 --> 00:04:43,080 Speaker 1: your pioneering spirit and your ability to never give up, 77 00:04:43,279 --> 00:04:45,640 Speaker 1: because a lot of people would have given up two 78 00:04:45,760 --> 00:04:48,400 Speaker 1: three years ago. So I want to thank you for 79 00:04:48,520 --> 00:04:52,640 Speaker 1: contributing to the incredible strength of America. This is going 80 00:04:52,680 --> 00:04:56,279 Speaker 1: to make it stronger. And congratulations on this incredible achievement. 81 00:04:56,800 --> 00:04:59,960 Speaker 1: You've made our dollar look really good and strong and powerful. 82 00:05:00,040 --> 00:05:02,239 Speaker 1: It's good for the dollar and it's good for the country. 83 00:05:02,720 --> 00:05:04,800 Speaker 1: And that's why I backed you at an early stage. 84 00:05:04,839 --> 00:05:06,680 Speaker 1: And I also did it for the votes, because you 85 00:05:06,720 --> 00:05:10,840 Speaker 1: did come out and vote I want and they changed UNE. 86 00:05:10,839 --> 00:05:13,599 Speaker 1: You know, Biden's team, they changed tune right in the 87 00:05:13,640 --> 00:05:15,799 Speaker 1: middle of the campaign, all of a sudden, they loved 88 00:05:15,839 --> 00:05:19,560 Speaker 1: you guys. They dropped all charges have I got you 89 00:05:19,720 --> 00:05:22,640 Speaker 1: guys out of so much trouble. And you know what, 90 00:05:22,760 --> 00:05:25,599 Speaker 1: I don't think anybody voted for him, right because you remember, 91 00:05:26,080 --> 00:05:28,640 Speaker 1: you remember they were very they treated you very unfairly. 92 00:05:28,720 --> 00:05:30,400 Speaker 2: Actually, So that's a. 93 00:05:30,320 --> 00:05:34,080 Speaker 1: Great honor that we were involved, and it was it 94 00:05:34,120 --> 00:05:36,320 Speaker 1: was a tremendous amount of support that we got at 95 00:05:36,360 --> 00:05:38,720 Speaker 1: the polls. We won, I think of it. We won 96 00:05:38,880 --> 00:05:41,440 Speaker 1: every swing state. We won by millions of votes. We 97 00:05:41,480 --> 00:05:45,560 Speaker 1: won the popular vote. We won the districts by two thousand, 98 00:05:46,240 --> 00:05:49,320 Speaker 1: seven hundred and fifty. Think of that to five oh 99 00:05:49,480 --> 00:05:53,520 Speaker 1: five different districts too. By the way, every once in 100 00:05:53,560 --> 00:05:55,919 Speaker 1: a while that number can change, but it doesn't changed 101 00:05:55,920 --> 00:05:58,920 Speaker 1: by much. The map was almost totally read. And you 102 00:05:58,960 --> 00:06:01,760 Speaker 1: guys were with us right from the beginning. Exactly one 103 00:06:01,839 --> 00:06:05,200 Speaker 1: year ago this month, many of you were with me 104 00:06:05,320 --> 00:06:06,360 Speaker 1: in Nashville, Tennessee. 105 00:06:06,440 --> 00:06:08,800 Speaker 2: Do you remember that day, right, I was a big 106 00:06:08,920 --> 00:06:10,200 Speaker 2: day in Nashville. 107 00:06:09,760 --> 00:06:14,200 Speaker 1: Tennessee when we became and I became the first presidential 108 00:06:14,279 --> 00:06:19,280 Speaker 1: candidate ever to address the Bitcoin conference and at this time, 109 00:06:19,440 --> 00:06:23,239 Speaker 1: and at that time, crypto builders and founders were under 110 00:06:23,520 --> 00:06:27,680 Speaker 1: relentless assault by the Biden administration, which was trying to 111 00:06:27,720 --> 00:06:30,280 Speaker 1: crush your industry and crush you as people and go 112 00:06:30,360 --> 00:06:33,360 Speaker 1: after your families. And they were a vicious group of people. 113 00:06:33,880 --> 00:06:36,880 Speaker 1: You know, people don't realize that they were vicious. Incompetent, 114 00:06:36,960 --> 00:06:40,839 Speaker 1: but vicious. Well, Joe was an incompetent guy, but he 115 00:06:40,920 --> 00:06:42,560 Speaker 1: was always known as a vicious guy. 116 00:06:43,279 --> 00:06:44,800 Speaker 2: I guess if you're going to be in that, you 117 00:06:44,920 --> 00:06:45,479 Speaker 2: probably are. 118 00:06:45,760 --> 00:06:48,720 Speaker 1: If they're incompetent, is better, right, because you don't want 119 00:06:48,760 --> 00:06:50,320 Speaker 1: to have a vicious guy that's competent. 120 00:06:51,600 --> 00:06:53,560 Speaker 2: If you did, I wouldn't be standing here today. 121 00:06:55,040 --> 00:06:57,960 Speaker 1: But I pledged that we would bring back American liberty 122 00:06:57,960 --> 00:07:01,080 Speaker 1: and leadership and make the United States crypto capital of 123 00:07:01,120 --> 00:07:01,440 Speaker 1: the world. 124 00:07:01,520 --> 00:07:02,560 Speaker 2: And that's what we've done. 125 00:07:02,600 --> 00:07:07,520 Speaker 1: And under the Trump administration, this is only going further. 126 00:07:07,560 --> 00:07:08,640 Speaker 2: You're going to do really well. 127 00:07:08,720 --> 00:07:10,520 Speaker 1: I mean, I'm so proud of what you've done in 128 00:07:10,560 --> 00:07:14,200 Speaker 1: the last couple of years and very important. On day one, 129 00:07:14,240 --> 00:07:16,240 Speaker 1: I remember I did this, and I said this, and 130 00:07:16,320 --> 00:07:17,880 Speaker 1: I mentioned this name, and I got the. 131 00:07:17,960 --> 00:07:22,360 Speaker 2: Greatest applause of the whole campaign. We fired Joe Biden's 132 00:07:22,520 --> 00:07:43,600 Speaker 2: sec chair Gary Gensler. We fired him. 133 00:07:43,800 --> 00:07:46,440 Speaker 1: But I remember I was making a speech and you know, 134 00:07:46,480 --> 00:07:49,280 Speaker 1: it was just a line and speech, and I said, 135 00:07:49,320 --> 00:07:53,760 Speaker 1: and I will fire Gary against the place exploded, I said, 136 00:07:54,240 --> 00:07:56,920 Speaker 1: I finished one, and I said, what the hell did 137 00:07:56,920 --> 00:07:57,440 Speaker 1: that guy do? 138 00:07:58,760 --> 00:08:01,200 Speaker 2: There was there was there's a lot of hatred there, 139 00:08:01,240 --> 00:08:01,800 Speaker 2: I'll tell you. 140 00:08:01,920 --> 00:08:04,120 Speaker 1: And it turned out as I got familiar with everything, 141 00:08:04,120 --> 00:08:07,000 Speaker 1: it turned out you were absolutely right in his place. 142 00:08:07,040 --> 00:08:11,040 Speaker 1: I appointed a visionary chairman who wants America to build 143 00:08:11,040 --> 00:08:13,760 Speaker 1: the future and not block the future. He's going to 144 00:08:13,800 --> 00:08:16,080 Speaker 1: be unbelievable. He'll go down as one of the greats. 145 00:08:16,120 --> 00:08:28,120 Speaker 1: And Paul Atkins were are you Paul Atkins? And you 146 00:08:28,160 --> 00:08:32,000 Speaker 1: know that Paul? The crypto guys, they said, everybody said, 147 00:08:32,160 --> 00:08:33,840 Speaker 1: not only crypto, every inn. 148 00:08:34,120 --> 00:08:35,760 Speaker 2: They all wanted Paul for the position. 149 00:08:36,600 --> 00:08:40,240 Speaker 1: And he's a tough cookie too, he's just but they 150 00:08:40,280 --> 00:08:43,319 Speaker 1: actually said, we don't care. We just think he's fair. 151 00:08:43,760 --> 00:08:46,880 Speaker 1: All they wanted was fairness. And they have somebody that 152 00:08:47,160 --> 00:08:49,160 Speaker 1: you're really a champion of the street and you're a 153 00:08:49,240 --> 00:08:50,120 Speaker 1: champion of the country. 154 00:08:50,120 --> 00:08:51,400 Speaker 2: You're gonna do a fantastic job. 155 00:08:51,559 --> 00:08:54,080 Speaker 1: So you interviewed the other night I watched it about 156 00:08:54,080 --> 00:08:56,800 Speaker 1: two o'clock in the morning. There was a little thing 157 00:08:56,880 --> 00:08:59,120 Speaker 1: called Sea Span, which I don't know how many people 158 00:08:59,160 --> 00:09:01,560 Speaker 1: were watching. Don't worry you were in primetime too, but 159 00:09:01,640 --> 00:09:03,679 Speaker 1: they happen to have a little real I don't want 160 00:09:03,720 --> 00:09:08,000 Speaker 1: to embarrass you, but a fantastic job. Really, you are 161 00:09:08,160 --> 00:09:12,319 Speaker 1: absolutely so perfect for the job. Congratulations Paul, and Paul 162 00:09:12,440 --> 00:09:18,320 Speaker 1: is here today among the commissioners, various commissioners, including Hester 163 00:09:18,440 --> 00:09:24,800 Speaker 1: Pierce and Mark Yoita Hesta and Mark Yoda. Thank you, Hester, 164 00:09:28,280 --> 00:09:30,840 Speaker 1: thank you very much, and thank you Mark. Wherever you 165 00:09:30,880 --> 00:09:33,400 Speaker 1: may be, it's Mark here. Oh stand up, Mark, I 166 00:09:33,400 --> 00:09:36,000 Speaker 1: didn't good. Thank you, good job. 167 00:09:37,240 --> 00:09:39,960 Speaker 2: Good. I'm glad I gave you a second crack. 168 00:09:40,040 --> 00:09:43,600 Speaker 1: You didn't here because of the thunderous applause for Hester, 169 00:09:45,480 --> 00:09:48,280 Speaker 1: but thank you. I heard tremendous things about both of you. 170 00:09:48,320 --> 00:09:49,120 Speaker 2: Thank you very much. 171 00:09:49,200 --> 00:09:52,160 Speaker 1: My first week in office, I also established the first 172 00:09:52,200 --> 00:09:56,320 Speaker 1: ever Presidential Working Group on Digital Assets, and we have 173 00:09:56,400 --> 00:10:06,600 Speaker 1: an executive director, Wiz Bohinz bohins Hi Bou. And Bou 174 00:10:06,760 --> 00:10:09,320 Speaker 1: was a great football player, right, Beau was a great 175 00:10:09,320 --> 00:10:12,520 Speaker 1: football player, one of the better players in college football. 176 00:10:12,600 --> 00:10:14,000 Speaker 2: So I know you from that. 177 00:10:14,120 --> 00:10:16,400 Speaker 1: Also say who would think that I know that I 178 00:10:16,520 --> 00:10:19,760 Speaker 1: know a lot of things, bou But he was a 179 00:10:19,840 --> 00:10:24,120 Speaker 1: champion player. I stopped the weaponization of government against crypto 180 00:10:24,280 --> 00:10:27,960 Speaker 1: and bitcoin, and we ended the lawless operation Choke point 181 00:10:28,360 --> 00:10:29,040 Speaker 1: two point zero. 182 00:10:29,120 --> 00:10:30,439 Speaker 2: That was a bad operation. 183 00:10:31,160 --> 00:10:34,160 Speaker 1: And I kept my promises to the community and granted 184 00:10:34,200 --> 00:10:42,000 Speaker 1: a full presidential pardon to ross Albrecht ross albrit And 185 00:10:42,360 --> 00:10:44,600 Speaker 1: you have no idea how important that name became. It 186 00:10:44,679 --> 00:10:47,200 Speaker 1: was like a symbol, and his mother was unbelievable. His 187 00:10:47,280 --> 00:10:51,440 Speaker 1: mother was an unbelievable woman, but it was so important 188 00:10:51,440 --> 00:10:54,440 Speaker 1: to a certain group of people. And in the truly 189 00:10:54,520 --> 00:10:58,520 Speaker 1: momentous act last March, I signed an executive order establishing 190 00:10:58,559 --> 00:11:01,800 Speaker 1: the US Strategic Bitcoin in Reserve as well as the 191 00:11:01,880 --> 00:11:05,199 Speaker 1: United States Digital Asset Stockpile. 192 00:11:05,800 --> 00:11:07,080 Speaker 2: And that's all signed up. 193 00:11:07,640 --> 00:11:10,960 Speaker 1: With today's signing, we're pushing even further into the exciting 194 00:11:11,000 --> 00:11:14,480 Speaker 1: new frontier, just as I promised last year. The Genius 195 00:11:14,520 --> 00:11:18,360 Speaker 1: Act creates a clear and simple regulatory framework to establish 196 00:11:18,480 --> 00:11:24,880 Speaker 1: and unleash the immense promise of dollar backed stable coins. 197 00:11:25,640 --> 00:11:29,959 Speaker 1: This could be perhaps the greatest revolution and financial technology 198 00:11:30,080 --> 00:11:32,679 Speaker 1: since the birth of the Internet itself. A lot of 199 00:11:32,720 --> 00:11:34,400 Speaker 1: people are saying that I don't know what do you 200 00:11:34,400 --> 00:11:39,000 Speaker 1: guys think. Yes, If you say yes, I'm saying yes. 201 00:11:41,200 --> 00:11:42,160 Speaker 1: I think it's great. 202 00:11:41,920 --> 00:11:42,760 Speaker 2: That you're involved. 203 00:11:42,800 --> 00:11:46,240 Speaker 1: I will tell you many Americans are unaware that behind 204 00:11:46,280 --> 00:11:50,080 Speaker 1: the scenes, the technical backbone of the financial system is 205 00:11:50,760 --> 00:11:53,320 Speaker 1: decades out of date, many many years out of date. 206 00:11:53,840 --> 00:11:56,360 Speaker 1: You know that Paul and others are straightening it out, 207 00:11:56,440 --> 00:11:59,840 Speaker 1: but payments and money transfers are costly and take days 208 00:12:00,120 --> 00:12:03,520 Speaker 1: even weeks to clear. Under this bill, the entire ancient 209 00:12:03,600 --> 00:12:07,640 Speaker 1: system will be eligible for a twenty first century upgrade 210 00:12:08,200 --> 00:12:11,080 Speaker 1: using the state of the art crypto technology. 211 00:12:11,400 --> 00:12:13,200 Speaker 2: Who would have thought we would have been saying that 212 00:12:13,840 --> 00:12:17,160 Speaker 2: two years after I really met you for the first time. 213 00:12:17,800 --> 00:12:21,719 Speaker 1: The Genius Act provides banks, businesses, and financial institutions a 214 00:12:21,800 --> 00:12:26,000 Speaker 1: framework for issuing crypto assets fact one for one with 215 00:12:26,200 --> 00:12:29,800 Speaker 1: real US dollars, treasury bills, and other cash equivalents. It's 216 00:12:29,840 --> 00:12:35,319 Speaker 1: really strengthening the dollar and giving the dollar great prominence. 217 00:12:35,360 --> 00:12:37,840 Speaker 1: And you know you have this little group called Bricks. 218 00:12:37,840 --> 00:12:41,160 Speaker 1: It's fading out fast, but Bricks is they wanted to 219 00:12:41,200 --> 00:12:43,440 Speaker 1: try and take over the dollar, the dominance of the 220 00:12:43,480 --> 00:12:46,960 Speaker 1: dollar and the standard of the dollar. And I said, 221 00:12:46,960 --> 00:12:50,720 Speaker 1: anybody that's in the Bricks Consortium of Nations. We're going 222 00:12:50,760 --> 00:12:53,440 Speaker 1: to tear a few ten percent. And they had a 223 00:12:53,480 --> 00:12:56,000 Speaker 1: meeting the following day and almost nobody showed up. 224 00:12:56,120 --> 00:12:58,199 Speaker 2: They leave me alone. 225 00:12:58,480 --> 00:13:00,360 Speaker 1: We didn't want to, They didn't want to be after 226 00:13:00,480 --> 00:13:03,400 Speaker 1: the it's amazing. Now we're not going to let the 227 00:13:03,480 --> 00:13:05,960 Speaker 1: dollar slide. If we have a smart president. You're never 228 00:13:06,000 --> 00:13:07,880 Speaker 1: going to let the dollar slide. If you have a dummy, 229 00:13:08,600 --> 00:13:11,079 Speaker 1: that could happen like the last one. He would if 230 00:13:11,080 --> 00:13:13,200 Speaker 1: you ever asked him about the dollar slider, he would 231 00:13:13,240 --> 00:13:14,040 Speaker 1: have no idea. 232 00:13:14,880 --> 00:13:17,160 Speaker 2: But we can't let that ever happen again. 233 00:13:17,840 --> 00:13:20,640 Speaker 1: Consumers, vendors, and people all over the world will then 234 00:13:20,679 --> 00:13:23,480 Speaker 1: be able to use those stable coins for ultra low 235 00:13:23,520 --> 00:13:27,120 Speaker 1: cost transactions that are cleared and settled in a matter 236 00:13:27,200 --> 00:13:31,800 Speaker 1: of seconds rather than weeks and months. And that's really 237 00:13:31,840 --> 00:13:35,760 Speaker 1: an amazing thing. And with the privacy, flexibility and decentralization 238 00:13:35,880 --> 00:13:40,440 Speaker 1: of cash, this revolution as the potential to supercharge American 239 00:13:40,480 --> 00:13:43,880 Speaker 1: economic growth and empower billions of people to save and 240 00:13:43,960 --> 00:13:46,720 Speaker 1: transfer in US dollars. 241 00:13:46,760 --> 00:13:48,720 Speaker 2: It's really all backed by the dollars. 242 00:13:48,760 --> 00:13:51,600 Speaker 1: It's really a great thing and a lot of you know, 243 00:13:51,640 --> 00:13:53,560 Speaker 1: we had a lot of Democrat support I have to 244 00:13:53,600 --> 00:13:56,319 Speaker 1: tell you that I was shocked anytime you get one. 245 00:13:56,720 --> 00:14:00,520 Speaker 1: But we had a tremendous amount of Democrat support, which 246 00:14:01,800 --> 00:14:03,440 Speaker 1: we appreciate it, which just. 247 00:14:03,520 --> 00:14:06,480 Speaker 2: Shows you that you're doing the right thing. 248 00:14:07,280 --> 00:14:10,559 Speaker 1: This will increase demand for US Treasury's lower interest rates 249 00:14:10,600 --> 00:14:14,280 Speaker 1: and secure the dollars status as the world's reserve currency 250 00:14:14,320 --> 00:14:17,880 Speaker 1: for generations to come. The reserve currency is so important, 251 00:14:17,920 --> 00:14:19,240 Speaker 1: you know, if we lost that, that would be like 252 00:14:19,320 --> 00:14:22,880 Speaker 1: losing a world war. We can never let anyone play 253 00:14:22,920 --> 00:14:25,400 Speaker 1: games with us. And that's why when I heard about 254 00:14:25,400 --> 00:14:29,680 Speaker 1: this group from Bricks six countries, basically I hit them 255 00:14:29,760 --> 00:14:35,600 Speaker 1: very very hard. And if they ever form, if they 256 00:14:35,640 --> 00:14:39,560 Speaker 1: ever really form in a meaningful way, it will end 257 00:14:39,760 --> 00:14:40,320 Speaker 1: very quickly. 258 00:14:40,360 --> 00:14:42,960 Speaker 2: I will tell you. For them, they won't be gone 259 00:14:43,080 --> 00:14:46,640 Speaker 2: very long. I don't think they'll even do it. They're 260 00:14:46,720 --> 00:14:47,880 Speaker 2: virtually afraid to meet. 261 00:14:48,400 --> 00:14:51,960 Speaker 1: I also remain fully committed to my pledge never to 262 00:14:52,040 --> 00:14:56,480 Speaker 1: allow the creation of a central bank digital currency in America. 263 00:14:56,480 --> 00:14:58,760 Speaker 2: It won't happen. My first. 264 00:15:05,000 --> 00:15:07,840 Speaker 1: Thank you and the other night, I will say, with 265 00:15:07,960 --> 00:15:10,880 Speaker 1: some of the congress men and women, they wanted that 266 00:15:11,080 --> 00:15:13,520 Speaker 1: so badly, that was so important to them. 267 00:15:13,600 --> 00:15:15,160 Speaker 2: You know, I was impressed that they knew what the 268 00:15:15,160 --> 00:15:18,240 Speaker 2: hell it was. To be honest with you, please, sir, please, 269 00:15:18,320 --> 00:15:21,280 Speaker 2: the Central Bank digital currency. Well, you have to make sure. 270 00:15:22,040 --> 00:15:23,800 Speaker 2: And I'm saying, what do you know about that? It's 271 00:15:23,840 --> 00:15:26,640 Speaker 2: amazing the knowledge that people have gained all of a sudden. 272 00:15:26,960 --> 00:15:28,600 Speaker 2: We have a lot of problems with some of them. 273 00:15:28,880 --> 00:15:32,240 Speaker 1: I said, we've already got it from the FED, right 274 00:15:32,360 --> 00:15:35,200 Speaker 1: from commerce and from an executive order. 275 00:15:35,760 --> 00:15:38,120 Speaker 2: You don't need it a fourth time. Sure we have 276 00:15:38,200 --> 00:15:38,680 Speaker 2: to get it. 277 00:15:39,320 --> 00:15:46,160 Speaker 1: That's amazing. But they knew their subject. That isn't there, huh? 278 00:15:46,200 --> 00:15:48,760 Speaker 1: And we helped them out. My first week in office, 279 00:15:48,800 --> 00:15:51,440 Speaker 1: I signed an executive vord to ban the creation of 280 00:15:51,520 --> 00:15:55,480 Speaker 1: a cb DC in the United States, and very soon 281 00:15:55,520 --> 00:15:59,200 Speaker 1: I look forward to signing legislation that will codify and 282 00:15:59,280 --> 00:16:02,720 Speaker 1: ban the make it a permanent law, put it in permanence. 283 00:16:03,320 --> 00:16:07,400 Speaker 1: I'm also committed to signing landmark crypto market structural legislation 284 00:16:07,600 --> 00:16:09,239 Speaker 1: this year to grow the industry. 285 00:16:09,720 --> 00:16:10,320 Speaker 2: We're going to be. 286 00:16:10,240 --> 00:16:13,080 Speaker 1: Growing it even more more than people ever thought. It's 287 00:16:13,080 --> 00:16:14,400 Speaker 1: a really hot industry. 288 00:16:15,280 --> 00:16:18,440 Speaker 2: And for a little while two nights ago, we were 289 00:16:18,800 --> 00:16:22,280 Speaker 2: a little concerned because we were a little short about 290 00:16:22,840 --> 00:16:26,760 Speaker 2: like I would say, maybe we were about nine short, 291 00:16:27,720 --> 00:16:31,240 Speaker 2: nine short at three in the morning. We were about 292 00:16:31,360 --> 00:16:35,400 Speaker 2: four short at three point thirty in the morning, and 293 00:16:35,440 --> 00:16:38,360 Speaker 2: we were in good shape at four o'clock in the morning. Right. 294 00:16:39,080 --> 00:16:41,720 Speaker 1: But the people and few people have fought harder for 295 00:16:41,840 --> 00:16:45,800 Speaker 1: the build and we're signing than some of the people 296 00:16:45,840 --> 00:16:50,480 Speaker 1: here today. You have been unbelievable. It's our white house. 297 00:16:50,520 --> 00:16:53,880 Speaker 1: AI and Cryptos are David Sachs, who's done such a 298 00:16:53,880 --> 00:16:54,440 Speaker 1: great job. 299 00:17:01,360 --> 00:17:04,359 Speaker 2: And I did his. I did his. He had a 300 00:17:04,560 --> 00:17:06,240 Speaker 2: he has a show now. I've become a showman. 301 00:17:06,280 --> 00:17:08,280 Speaker 1: But a couple of years ago, it's probably two years 302 00:17:08,320 --> 00:17:10,359 Speaker 1: ago now in San Francisco. 303 00:17:10,200 --> 00:17:12,920 Speaker 2: And I did his show and I heard his very 304 00:17:12,960 --> 00:17:14,040 Speaker 2: smart guy and we. 305 00:17:14,000 --> 00:17:15,840 Speaker 1: Had a great show. You've kept it going a lot 306 00:17:15,880 --> 00:17:18,480 Speaker 1: longer and you got is that still your highest rated 307 00:17:18,560 --> 00:17:21,359 Speaker 1: ever show? He knows what they say. He knows what 308 00:17:22,520 --> 00:17:25,159 Speaker 1: He had a rating that he had millions and millions 309 00:17:25,240 --> 00:17:25,760 Speaker 1: of people. 310 00:17:25,840 --> 00:17:26,960 Speaker 2: He said, what's going on? 311 00:17:27,400 --> 00:17:28,800 Speaker 1: But we had a we had a great show, and 312 00:17:28,800 --> 00:17:30,760 Speaker 1: they said, you know, that guy's really smart. I said, 313 00:17:30,800 --> 00:17:34,080 Speaker 1: if I get elected I was running at that time, 314 00:17:34,160 --> 00:17:35,840 Speaker 1: if I get elected, we're going to bring him into 315 00:17:35,880 --> 00:17:36,800 Speaker 1: government in some way. 316 00:17:36,840 --> 00:17:39,720 Speaker 2: He's worth a fortune he's made a lot of money. 317 00:17:39,720 --> 00:17:42,919 Speaker 1: He's a very rich he's a very rich billionaire. But 318 00:17:43,040 --> 00:17:45,760 Speaker 1: this is more important, doesn't it. This is me too, 319 00:17:45,880 --> 00:17:48,800 Speaker 1: you know, it's like, doesn't matter, this is much. I 320 00:17:48,840 --> 00:17:50,840 Speaker 1: know Howard and I talk about it all the time. 321 00:17:50,960 --> 00:17:53,520 Speaker 1: Howard could go back to his wonderful brokerage from hire 322 00:17:53,560 --> 00:17:57,040 Speaker 1: one or two people. And it's not the same as 323 00:17:57,320 --> 00:17:58,400 Speaker 1: it's that the same as. 324 00:17:58,320 --> 00:18:01,000 Speaker 2: What you're doing, right, the biggest we're doing the biggest 325 00:18:01,000 --> 00:18:03,479 Speaker 2: deals in the world. Actually, the deal we're doing now 326 00:18:03,520 --> 00:18:07,639 Speaker 2: in tariffs is the biggest. When you edit up the 327 00:18:07,720 --> 00:18:10,840 Speaker 2: biggest deal ever made in history, it could be a 328 00:18:10,920 --> 00:18:11,960 Speaker 2: thousand ibms. 329 00:18:12,000 --> 00:18:14,120 Speaker 1: I mean, if you think of it, it's the biggest 330 00:18:14,119 --> 00:18:17,320 Speaker 1: deal ever done. So it's hard to go back to 331 00:18:17,400 --> 00:18:20,959 Speaker 1: a brokerage firm and you know, make seventy nine thousand 332 00:18:21,000 --> 00:18:22,000 Speaker 1: dollars commission on. 333 00:18:22,080 --> 00:18:26,720 Speaker 2: The stale of a soak. That's true. But I want 334 00:18:26,720 --> 00:18:27,320 Speaker 2: to ask David. 335 00:18:27,359 --> 00:18:30,080 Speaker 1: So, David's been fantastic, He's done an incredible job. 336 00:18:30,720 --> 00:18:32,840 Speaker 2: And I'd like to ask David come up say a 337 00:18:32,880 --> 00:18:40,200 Speaker 2: few words. Thank you very much, Thank you so much. 338 00:18:41,880 --> 00:18:43,960 Speaker 3: All right, thank you President Trump. It's a great, great 339 00:18:43,960 --> 00:18:45,960 Speaker 3: honor to be here, and It's true that I'd never 340 00:18:46,000 --> 00:18:48,680 Speaker 3: expected to work in government at all, and then everything 341 00:18:48,760 --> 00:18:52,359 Speaker 3: changed after President Trump came on my podcast, and I, 342 00:18:52,440 --> 00:18:54,520 Speaker 3: you know, I accepted this job as cryptos orber because 343 00:18:54,520 --> 00:18:56,600 Speaker 3: I thought it was a once in a lifetime opportunity 344 00:18:56,640 --> 00:18:58,680 Speaker 3: to work for a president who really wants to get 345 00:18:58,720 --> 00:19:01,760 Speaker 3: things done for the American people. And if anything, that's 346 00:19:01,760 --> 00:19:04,679 Speaker 3: been an understatement. The first six months this administration have 347 00:19:04,760 --> 00:19:08,160 Speaker 3: been more successful than any administration in American history. What's 348 00:19:08,200 --> 00:19:16,760 Speaker 3: been done, It's just been incredible. President Trump has worked 349 00:19:16,880 --> 00:19:20,080 Speaker 3: at tech speed. We're used to working fast in Silicon Valley, 350 00:19:20,119 --> 00:19:22,760 Speaker 3: but even this is fast for us in Silicon Valley. 351 00:19:22,880 --> 00:19:25,439 Speaker 3: With the speed at which you move, President Trump's really incredible. 352 00:19:25,840 --> 00:19:29,840 Speaker 3: And now today you have another historic legislative achievement that 353 00:19:29,960 --> 00:19:32,440 Speaker 3: is a monumental step to fulfilling your promise to making 354 00:19:32,440 --> 00:19:33,199 Speaker 3: the United States a. 355 00:19:33,160 --> 00:19:34,800 Speaker 2: Crypto capital of the world. 356 00:19:34,960 --> 00:19:37,560 Speaker 3: This Genius Act will unlock American dominance in the crypto 357 00:19:37,640 --> 00:19:40,720 Speaker 3: industry by creating clear rules of the road. It will 358 00:19:40,800 --> 00:19:44,639 Speaker 3: update archaic payment rails with a revolutionary new payment system, 359 00:19:45,080 --> 00:19:47,400 Speaker 3: and it will extend US dollar dominance, like you said, 360 00:19:47,680 --> 00:19:50,680 Speaker 3: globally by creating a digital dollar that people all over 361 00:19:50,720 --> 00:19:52,919 Speaker 3: the world can use, and for every digital dollar in 362 00:19:52,960 --> 00:19:55,439 Speaker 3: a crypto wallet, there'll be a traditional dollar in a 363 00:19:55,520 --> 00:19:58,560 Speaker 3: US bank account, which will create trillions of dollars demand 364 00:19:58,560 --> 00:20:00,959 Speaker 3: for US Treasury. So that is the hour of this 365 00:20:01,000 --> 00:20:03,480 Speaker 3: bill as us to all their dominance. This is a 366 00:20:03,560 --> 00:20:06,680 Speaker 3: huge promise made and promise capped by President Trump. And 367 00:20:06,720 --> 00:20:08,200 Speaker 3: there's just a few other people I'd like to thank. 368 00:20:08,280 --> 00:20:17,240 Speaker 3: First my family for being here, Thank you, and Bo Hines, 369 00:20:17,280 --> 00:20:19,760 Speaker 3: who President Trump mentions the director of our Crypto Council. 370 00:20:19,800 --> 00:20:21,520 Speaker 3: He really did the heavy lifting here, so Bo, I 371 00:20:21,560 --> 00:20:26,760 Speaker 3: just want to thank you again. And my Chief is 372 00:20:26,800 --> 00:20:29,280 Speaker 3: staff Tracy Johnson as well, who also does the heavy lifting. 373 00:20:32,600 --> 00:20:36,680 Speaker 3: And Bill Haggerty and French Hill and all the congressman 374 00:20:36,760 --> 00:20:38,760 Speaker 3: centators who have already been mentioned by President Trump. So 375 00:20:38,800 --> 00:20:40,159 Speaker 3: I'll save the time, but it has really been an 376 00:20:40,160 --> 00:20:41,600 Speaker 3: honor to work with all of you. This was really 377 00:20:41,680 --> 00:20:43,680 Speaker 3: a team effort. But most of all, I want to 378 00:20:43,720 --> 00:20:47,440 Speaker 3: thank President Trump for accomplishing what nobody thought was possible. 379 00:20:47,480 --> 00:20:49,720 Speaker 3: And it's true that just earlier this week the media 380 00:20:49,920 --> 00:20:53,119 Speaker 3: was reporting that this bill was dead. This bill was dead, 381 00:20:53,200 --> 00:20:55,480 Speaker 3: and then the media didn't know one thing that we 382 00:20:55,520 --> 00:20:57,760 Speaker 3: had a secret weapon. We have a deal maker in 383 00:20:57,840 --> 00:21:01,280 Speaker 3: chief and thanks to President he stepped in and saved 384 00:21:01,320 --> 00:21:04,400 Speaker 3: this bill. And it's because of your vision, your leadership, 385 00:21:04,440 --> 00:21:07,040 Speaker 3: your determination, your skill that we're all here today. 386 00:21:07,040 --> 00:21:17,879 Speaker 2: So thank you very much, President Trump. Is that Laura, 387 00:21:19,240 --> 00:21:22,320 Speaker 2: please come just come here. This is our superstar. 388 00:21:22,480 --> 00:21:26,439 Speaker 1: She was the head of the Republican Party and nobody 389 00:21:26,480 --> 00:21:30,080 Speaker 1: complained about anything we wanted to great. 390 00:21:30,240 --> 00:21:34,320 Speaker 2: This is Laura Trump, married to a young. 391 00:21:34,200 --> 00:21:37,439 Speaker 1: Gentleman named Eric. They have beautiful two children. But she 392 00:21:37,560 --> 00:21:40,240 Speaker 1: has been so good. She stepped into that position like 393 00:21:40,320 --> 00:21:42,960 Speaker 1: it was nothing that we won. And she said, Dad, 394 00:21:43,400 --> 00:21:45,920 Speaker 1: I'd like to go home right now to my beautiful 395 00:21:46,000 --> 00:21:48,600 Speaker 1: husband and my son and daughter. Right But you did 396 00:21:48,600 --> 00:21:52,360 Speaker 1: a fantastic job. And you worked with a great gentleman too, 397 00:21:52,440 --> 00:21:54,000 Speaker 1: he's doing a fantastic job. 398 00:21:54,440 --> 00:21:56,520 Speaker 2: But I just want to thank you. I just so 399 00:21:56,680 --> 00:21:58,439 Speaker 2: you're standing back there, I wanted to bring her in. 400 00:21:58,480 --> 00:22:00,000 Speaker 2: Thank you very much, Laura. Thank you. 401 00:22:04,720 --> 00:22:09,960 Speaker 1: So under the Trump administration, I just got back from Saudi. 402 00:22:09,760 --> 00:22:12,600 Speaker 2: Arabia and we went to Qatar. 403 00:22:12,840 --> 00:22:18,120 Speaker 1: We went to a number of countries and I will 404 00:22:18,119 --> 00:22:23,000 Speaker 1: tell you the level of respect that this country has 405 00:22:23,040 --> 00:22:26,919 Speaker 1: now is incredible. The uae I tell you what. We 406 00:22:27,000 --> 00:22:30,560 Speaker 1: had a time there, but every leader said the same thing. 407 00:22:31,000 --> 00:22:34,359 Speaker 1: They said, one year ago, your country was dead, and 408 00:22:34,400 --> 00:22:36,679 Speaker 1: then say it that way. It was like, you know, 409 00:22:36,720 --> 00:22:39,560 Speaker 1: I didn't know whether I was supposed to be happy 410 00:22:39,640 --> 00:22:40,240 Speaker 1: or insulted. 411 00:22:40,320 --> 00:22:43,080 Speaker 2: But the truth is we were in deep trouble. 412 00:22:43,119 --> 00:22:45,399 Speaker 1: But they said, one year ago your country was dead, 413 00:22:45,840 --> 00:22:48,280 Speaker 1: and today you have the hottest country anywhere in the world. 414 00:22:48,320 --> 00:22:50,399 Speaker 2: And it's true, we have the hottest country in the world. 415 00:22:50,800 --> 00:22:53,440 Speaker 1: We had a country where a laughing stock with the borders, 416 00:22:53,520 --> 00:22:57,480 Speaker 1: people pouring in. Can you imagine last month, in the 417 00:22:57,560 --> 00:23:01,560 Speaker 1: month of June, actually zero Now I don't even believe 418 00:23:01,600 --> 00:23:04,840 Speaker 1: that zero because you have hundreds of thousands pouring in 419 00:23:04,880 --> 00:23:05,240 Speaker 1: and then. 420 00:23:05,160 --> 00:23:06,160 Speaker 2: All of a sudden zero. 421 00:23:06,200 --> 00:23:08,800 Speaker 1: But they have it down a zero, and very liberal 422 00:23:08,840 --> 00:23:11,919 Speaker 1: people take that particular toll. It's a liberal group, so 423 00:23:12,640 --> 00:23:15,200 Speaker 1: then not giving us any favors. They had zero people 424 00:23:15,240 --> 00:23:18,200 Speaker 1: coming through a border. Can you imagine that from literally 425 00:23:18,359 --> 00:23:21,800 Speaker 1: hundreds of thousands and minions. 426 00:23:20,800 --> 00:23:23,960 Speaker 2: Pouring in from all over the world. They came from 427 00:23:24,280 --> 00:23:25,640 Speaker 2: they came from all over the world. 428 00:23:25,720 --> 00:23:29,800 Speaker 1: They came from prisons, jails, they came from mental institutions, 429 00:23:29,880 --> 00:23:33,360 Speaker 1: gang members, there were gangs, they came from all. 430 00:23:33,200 --> 00:23:34,720 Speaker 2: Over the place, from every country. 431 00:23:34,760 --> 00:23:37,080 Speaker 1: They came from the Congo in Africa, a lot from 432 00:23:37,160 --> 00:23:40,480 Speaker 1: the Congo. They came from South America, a lot of 433 00:23:40,560 --> 00:23:44,560 Speaker 1: came from Venezuela. They emptied their jails into our country. 434 00:23:44,560 --> 00:23:47,400 Speaker 1: Can you imagine they allowed that emptied their jails into 435 00:23:47,440 --> 00:23:48,000 Speaker 1: our country, and. 436 00:23:48,000 --> 00:23:49,639 Speaker 2: They let them walk right into our country. 437 00:23:49,800 --> 00:23:55,400 Speaker 1: Like perfect, eleven thousand, eight hundred and eighty eight committed murder. 438 00:23:55,840 --> 00:24:00,800 Speaker 1: Fifty percent committed more than one person. They murdered more 439 00:24:00,800 --> 00:24:03,520 Speaker 1: than one person fifty of eleven thousand and. 440 00:24:03,560 --> 00:24:07,200 Speaker 2: Eight eighty eight. And we had murderers, and we're getting 441 00:24:07,200 --> 00:24:10,280 Speaker 2: them out. And Tom Holman and Christy are doing a 442 00:24:10,320 --> 00:24:13,240 Speaker 2: great job. At Tom Holman, I'll tell you see central. 443 00:24:12,920 --> 00:24:16,719 Speaker 1: Casting a walk and he takes abuse, but they just 444 00:24:17,440 --> 00:24:19,480 Speaker 1: they just keep fighting and they're winning. And we're winning 445 00:24:19,480 --> 00:24:23,520 Speaker 1: in the court. So we're winning everywhere. But we've got 446 00:24:23,520 --> 00:24:25,520 Speaker 1: the hottest country in the world and you're a big 447 00:24:25,560 --> 00:24:28,280 Speaker 1: part of it. So the golden Age of America is 448 00:24:28,359 --> 00:24:28,920 Speaker 1: upon us. 449 00:24:28,960 --> 00:24:32,199 Speaker 2: And with today's signing, the future of crypto and the 450 00:24:32,240 --> 00:24:36,680 Speaker 2: crypto industry, the US dollar working together because they really 451 00:24:36,720 --> 00:24:39,679 Speaker 2: are hand in hand, is going to be stronger and 452 00:24:39,760 --> 00:24:41,520 Speaker 2: bigger and better than ever before. 453 00:24:41,600 --> 00:24:44,399 Speaker 1: And I just want to thank everybody, some tremendous people 454 00:24:44,400 --> 00:24:46,880 Speaker 1: in this room. And maybe when I sign, I'll ask 455 00:24:46,920 --> 00:24:50,200 Speaker 1: some of our great senators and Congressmen to come on up. 456 00:24:50,840 --> 00:24:51,440 Speaker 2: Some of the. 457 00:24:51,359 --> 00:24:53,920 Speaker 1: Top crypto guys, please come on up, because you guys 458 00:24:53,920 --> 00:24:57,359 Speaker 1: worked very hard of this, and we'll sign this and 459 00:24:57,440 --> 00:24:59,919 Speaker 1: we'll get onto the next battle. 460 00:25:00,160 --> 00:25:00,520 Speaker 2: Will win. 461 00:25:00,640 --> 00:25:03,120 Speaker 1: But we're winning all over the world right now. It's 462 00:25:03,119 --> 00:25:05,400 Speaker 1: not even close, not even close. I wanted to keep 463 00:25:05,400 --> 00:25:07,240 Speaker 1: it going. Thank you everybody very much. 464 00:25:18,880 --> 00:25:31,680 Speaker 4: I love collars. Yeah, you got it. 465 00:25:39,720 --> 00:25:44,560 Speaker 1: This is not an autopen by the way, which is 466 00:25:44,640 --> 00:25:48,800 Speaker 1: a big scandal. That were a Republican it would really 467 00:25:48,840 --> 00:25:51,159 Speaker 1: be a big scandal. But it is one of the 468 00:25:51,160 --> 00:25:52,520 Speaker 1: great scandals of our time. 469 00:25:52,920 --> 00:27:34,679 Speaker 4: Thank you very much, everybody. 470 00:27:36,560 --> 00:27:39,359 Speaker 5: Terrence Bates here, you've been watching President Trump sign the 471 00:27:39,440 --> 00:27:41,320 Speaker 5: fifteen eighty two Genius Act. 472 00:27:41,680 --> 00:27:43,480 Speaker 6: It is a cryptocurrency act. 473 00:27:43,520 --> 00:27:45,800 Speaker 5: And of course, as you saw a number of members 474 00:27:45,840 --> 00:27:49,240 Speaker 5: of Congress on site. House Speaker Mike Johnson was there, 475 00:27:49,280 --> 00:27:50,320 Speaker 5: the Vice President J. D. 476 00:27:50,520 --> 00:27:51,200 Speaker 6: Vance was there. 477 00:27:51,520 --> 00:27:56,320 Speaker 5: Also a number of Cabinet secretaries on hand for this signing. 478 00:27:56,600 --> 00:27:59,359 Speaker 5: President Trump still has a pretty busy day. He's got 479 00:27:59,480 --> 00:28:01,399 Speaker 5: some other that he's going to be doing here as 480 00:28:01,440 --> 00:28:03,720 Speaker 5: I look at the script here, there will be a 481 00:28:03,800 --> 00:28:06,720 Speaker 5: dinner with Republican senators tonight there at the White House 482 00:28:06,880 --> 00:28:09,560 Speaker 5: that he'll also be participating in. So this is one 483 00:28:09,560 --> 00:28:11,760 Speaker 5: of the many things that the President had on his 484 00:28:11,880 --> 00:28:14,399 Speaker 5: genda for today. We want to get you back to 485 00:28:14,440 --> 00:28:16,120 Speaker 5: some of the other big news of the day here 486 00:28:16,160 --> 00:28:19,960 Speaker 5: on America's Voice Live. Russia's Defence Ministry says that it 487 00:28:20,119 --> 00:28:23,240 Speaker 5: intercepted at least one hundred and forty three Ukrainian drones 488 00:28:23,520 --> 00:28:27,080 Speaker 5: in a massive overnight barrage that stretched into Thursday morning. 489 00:28:27,560 --> 00:28:29,399 Speaker 6: It marks the largest drone. 490 00:28:29,160 --> 00:28:32,280 Speaker 5: Strike on Russian territory since Ukraine launched one hundred and 491 00:28:32,280 --> 00:28:36,320 Speaker 5: sixty seven drones back on July eleventh. It also raises 492 00:28:36,359 --> 00:28:39,960 Speaker 5: new questions about the stability of Russia's air defenses as 493 00:28:40,000 --> 00:28:43,240 Speaker 5: the war there grinds on. Joining me now to discuss 494 00:28:43,400 --> 00:28:46,800 Speaker 5: is former Special Assistant to President Trump, Colonel Derrek Harvey. 495 00:28:47,040 --> 00:28:48,200 Speaker 6: Colonel Harvey, get to see you. 496 00:28:49,080 --> 00:28:50,240 Speaker 7: Great to be here at Karen's. 497 00:28:50,760 --> 00:28:53,840 Speaker 5: It's always a pleasure. It seems to me that the 498 00:28:53,960 --> 00:28:56,880 Speaker 5: big takeaway from all of this is that the war 499 00:28:57,040 --> 00:28:59,920 Speaker 5: between Russian Ukraine does not seem to be winding down, 500 00:29:00,320 --> 00:29:03,720 Speaker 5: despite the threats from President Trump that within fifty days 501 00:29:03,720 --> 00:29:06,800 Speaker 5: if no deal is made, he's going to impose serious 502 00:29:06,840 --> 00:29:09,080 Speaker 5: sanctions on Russia. 503 00:29:09,240 --> 00:29:13,920 Speaker 7: That's true Terrence. In fact, Moscow leadership across the board, 504 00:29:14,000 --> 00:29:17,400 Speaker 7: it has discounted what the President said, and you know, 505 00:29:17,600 --> 00:29:20,560 Speaker 7: they're digging in for the long haul, which is probably 506 00:29:20,560 --> 00:29:24,320 Speaker 7: to be expected given the strategic importance and the political 507 00:29:24,320 --> 00:29:28,640 Speaker 7: commitment that Putin and others have made with the Ukrainian gambit. 508 00:29:29,840 --> 00:29:32,960 Speaker 7: This is a slugfest, and you know, the type of 509 00:29:33,000 --> 00:29:35,680 Speaker 7: war there has changed. It's sort of like World War 510 00:29:35,720 --> 00:29:40,280 Speaker 7: One trench warfare, but with drones and Ukraine produced I 511 00:29:40,320 --> 00:29:45,200 Speaker 7: think last year almost two million drones, and about seventy 512 00:29:45,240 --> 00:29:48,800 Speaker 7: percent of the kills and strikes now on the front 513 00:29:49,200 --> 00:29:50,920 Speaker 7: are from drones. 514 00:29:51,880 --> 00:29:54,000 Speaker 5: While President Trump has said he doesn't want to see 515 00:29:54,000 --> 00:29:57,959 Speaker 5: any more bloodshed, either in Ukraine or in Russia, it 516 00:29:58,000 --> 00:30:01,160 Speaker 5: appears that when it comes to drone attacks or even 517 00:30:01,200 --> 00:30:04,640 Speaker 5: aerial attacks, Russia's air defenses are fairly weak. They're not 518 00:30:04,760 --> 00:30:07,640 Speaker 5: as stable as one might expect. Do you expect, then, 519 00:30:07,680 --> 00:30:12,600 Speaker 5: potentially that the Trump administration will ultimately furnish Ukraine with 520 00:30:12,720 --> 00:30:16,960 Speaker 5: more aerial more high tech aerial equipment to potentially fight 521 00:30:17,000 --> 00:30:17,400 Speaker 5: this war. 522 00:30:19,160 --> 00:30:21,280 Speaker 7: I think the focus is going to be on long 523 00:30:21,360 --> 00:30:28,760 Speaker 7: range ground to ground capabilities and air defense capabilities, probably 524 00:30:28,840 --> 00:30:34,920 Speaker 7: some movement towards increasing defense capabilities and technological advances in 525 00:30:34,960 --> 00:30:40,280 Speaker 7: regard to defensive operations against Russian drones, and that's going 526 00:30:40,360 --> 00:30:44,000 Speaker 7: to be the next major step in this iterative process 527 00:30:44,080 --> 00:30:48,080 Speaker 7: we have going on with this war, where drones are 528 00:30:48,200 --> 00:30:51,400 Speaker 7: like tanks were between World War One and the start 529 00:30:51,440 --> 00:30:54,320 Speaker 7: of World War Two, very dynamic and changing the art 530 00:30:54,360 --> 00:30:57,720 Speaker 7: of war, and drones are definitely doing that in this campaign. 531 00:30:58,280 --> 00:31:01,200 Speaker 5: So you do believe presidents in the administration when they 532 00:31:01,200 --> 00:31:04,320 Speaker 5: say that they will only supply defensive weapons do Ukraine 533 00:31:04,360 --> 00:31:08,240 Speaker 5: nothing else. I'm curious about the fact that Russia's air 534 00:31:08,280 --> 00:31:12,240 Speaker 5: capabilities or air defense capabilities seem to be somewhat compromised. 535 00:31:12,280 --> 00:31:15,040 Speaker 5: When you're talking about over one hundred jones being fired 536 00:31:15,080 --> 00:31:17,680 Speaker 5: in and many of them ultimately being intercepted. How much 537 00:31:17,720 --> 00:31:19,440 Speaker 5: of a concern should this be for Russia. 538 00:31:20,440 --> 00:31:22,960 Speaker 7: Well, it's a major concern for Russia, but for the 539 00:31:23,000 --> 00:31:26,920 Speaker 7: most part, the drones are not striking deep into Russian territory. 540 00:31:27,120 --> 00:31:30,600 Speaker 7: We've had some major operations that were quite so successful. 541 00:31:30,640 --> 00:31:35,080 Speaker 7: One of course, that hit seven strategic air bases that 542 00:31:35,280 --> 00:31:40,400 Speaker 7: may maintain the nuclear aircraft for Russia. That was quite 543 00:31:40,400 --> 00:31:44,600 Speaker 7: a blow and very creative. But overall, the drone combat is, 544 00:31:44,840 --> 00:31:48,440 Speaker 7: you know, within the operational envelope of the front lines, 545 00:31:48,480 --> 00:31:50,880 Speaker 7: you know, say one hundred miles on each side of 546 00:31:50,920 --> 00:31:54,640 Speaker 7: the front lines of you know, where major combat is occurring, 547 00:31:54,960 --> 00:32:00,080 Speaker 7: and it's very difficult for traditional air defense systems that 548 00:32:00,080 --> 00:32:05,400 Speaker 7: are targeting aircraft and bombers to shift to fighting low 549 00:32:05,640 --> 00:32:08,640 Speaker 7: flying drones that are being guided by operators. 550 00:32:10,360 --> 00:32:13,120 Speaker 5: Before I let you go, I'm just curious, from your 551 00:32:13,160 --> 00:32:16,200 Speaker 5: professional opinion, how long do you see this war continuing? 552 00:32:16,200 --> 00:32:18,440 Speaker 5: And I realize you don't have a crystal ball, you're 553 00:32:18,440 --> 00:32:21,280 Speaker 5: not in the rooms with the decision makers, but this 554 00:32:21,320 --> 00:32:24,720 Speaker 5: thing has lasted so long, and you know, at several 555 00:32:24,760 --> 00:32:26,800 Speaker 5: points we thought, okay, there may be a ceasefire, there 556 00:32:26,800 --> 00:32:29,480 Speaker 5: may be a peace deal, but no, we. 557 00:32:29,440 --> 00:32:32,160 Speaker 6: Are still fighting. Do you see an end in sight 558 00:32:32,240 --> 00:32:32,560 Speaker 6: at all? 559 00:32:33,640 --> 00:32:36,080 Speaker 7: Not in the immediate near term, and it probably is 560 00:32:36,120 --> 00:32:38,520 Speaker 7: going to go on for maybe a few more years. 561 00:32:38,840 --> 00:32:42,280 Speaker 7: That would be very unfortunate. But Russia is very dug 562 00:32:42,320 --> 00:32:46,240 Speaker 7: in on what their objectives are in the West, you know, 563 00:32:46,360 --> 00:32:50,440 Speaker 7: has been behind Ukraine, and now with President Trump and 564 00:32:50,480 --> 00:32:56,200 Speaker 7: the Administration's frustration with Putin's unwillingness to seriously engage, it 565 00:32:56,240 --> 00:32:58,560 Speaker 7: looks like we're both sides are digging in for the 566 00:32:58,600 --> 00:32:59,080 Speaker 7: long haul. 567 00:33:00,280 --> 00:33:02,680 Speaker 5: Colonel, we'll have to leave it there. We appreciate you 568 00:33:02,720 --> 00:33:04,120 Speaker 5: being here with us this afternoon. 569 00:33:04,920 --> 00:33:06,000 Speaker 7: Great, Thank you very much. 570 00:33:06,160 --> 00:33:07,640 Speaker 6: Always a pleasure to talk with you. 571 00:33:08,240 --> 00:33:10,680 Speaker 5: All right, folks, Well, if you're stressed about back taxes, 572 00:33:10,720 --> 00:33:13,680 Speaker 5: maybe you even miss the April deadline, or your books 573 00:33:13,680 --> 00:33:16,760 Speaker 5: are a mess, well, do not wait. The IRS is 574 00:33:16,800 --> 00:33:19,560 Speaker 5: cracking down and penalties add up really fast. We're talking 575 00:33:19,640 --> 00:33:22,800 Speaker 5: five percent per month up to twenty five percent just 576 00:33:22,840 --> 00:33:23,720 Speaker 5: for not filing. 577 00:33:24,120 --> 00:33:27,160 Speaker 6: But there's help. Tax Network USA can. 578 00:33:27,040 --> 00:33:30,280 Speaker 5: Take the burden off of your shoulders and stop the 579 00:33:30,280 --> 00:33:34,040 Speaker 5: spiral before it gets worse. They've helped thousands of Americans. 580 00:33:34,040 --> 00:33:36,840 Speaker 5: Whether you're an employee, a small business owner, or if 581 00:33:36,840 --> 00:33:39,440 Speaker 5: you haven't filed in years and you've got messy books, 582 00:33:39,920 --> 00:33:42,520 Speaker 5: there's no problem here. They've seen it all and they 583 00:33:42,560 --> 00:33:44,680 Speaker 5: know exactly how to clean it all up for you 584 00:33:45,040 --> 00:33:49,200 Speaker 5: with direct access to powerful IRS programs and expert negotiators 585 00:33:49,280 --> 00:33:52,520 Speaker 5: on your side. Tax Network USA really knows how to win. 586 00:33:53,120 --> 00:33:56,320 Speaker 5: You'll get a free consultation, and if you qualify, they 587 00:33:56,360 --> 00:33:59,600 Speaker 5: may even be able to reduce or eliminate what you owe. 588 00:34:00,080 --> 00:34:03,760 Speaker 5: More importantly, they'll help protect you from wage garnishments or 589 00:34:03,800 --> 00:34:06,880 Speaker 5: bank levies. So don't wait for the next IRS letter. 590 00:34:06,920 --> 00:34:10,120 Speaker 5: Instead call eight hundred nine oh five eight thousand or 591 00:34:10,560 --> 00:34:13,960 Speaker 5: visit TANUSA dot com slash rav to talk to a 592 00:34:14,000 --> 00:34:17,640 Speaker 5: real expert at Tax Network USA. Take the pressure off 593 00:34:17,840 --> 00:34:21,279 Speaker 5: and let Tax Network USA handle your tax issues for you. 594 00:34:22,040 --> 00:34:24,000 Speaker 6: All right, let's take a quick break. When we come back. 595 00:34:24,080 --> 00:34:26,920 Speaker 5: At least three people are dead one injured after a 596 00:34:26,960 --> 00:34:30,560 Speaker 5: deadly explosion rocked in La County Sheriff's training facility. 597 00:34:30,840 --> 00:34:31,279 Speaker 6: We'll have the. 598 00:34:31,320 --> 00:34:34,000 Speaker 5: Latest from the scene as federal agents, bomb squads, and 599 00:34:34,080 --> 00:34:44,359 Speaker 5: fire crews are all on the scene. 600 00:34:45,120 --> 00:34:46,160 Speaker 6: Tampa, Florida. 601 00:34:46,600 --> 00:34:49,280 Speaker 5: What a great place to be in the summertime. Life 602 00:34:49,360 --> 00:34:51,040 Speaker 5: is a beach and I wish I was on one 603 00:34:51,120 --> 00:34:53,160 Speaker 5: right now. Thanks so much for being here with this 604 00:34:53,280 --> 00:34:56,800 Speaker 5: for America's Voice Live, I'm Terrence Bates. We're monitoring a 605 00:34:56,840 --> 00:34:59,359 Speaker 5: developing story out of Los Angeles where at least three 606 00:34:59,400 --> 00:35:02,600 Speaker 5: people are dead had one heard following an explosion at 607 00:35:02,680 --> 00:35:07,080 Speaker 5: Los Angeles County Sheriff's Department training facility. The blast happened 608 00:35:07,120 --> 00:35:10,760 Speaker 5: around seven thirty this morning. US Attorney General Pam Bondi 609 00:35:10,880 --> 00:35:14,320 Speaker 5: is confirming the death, saying that federal authorities responded to 610 00:35:14,360 --> 00:35:17,680 Speaker 5: the scene and are currently investigating what happened. The LA 611 00:35:17,760 --> 00:35:21,360 Speaker 5: City Fire Department, the Bureau of Alcohol, Tobacco, Firearms and 612 00:35:21,400 --> 00:35:24,319 Speaker 5: Explosives has agents on site as well, along with the 613 00:35:24,440 --> 00:35:28,480 Speaker 5: LAPD bomb squad. While investigators are still trying to get 614 00:35:28,520 --> 00:35:30,719 Speaker 5: to the bottom of what happened, The La Times is 615 00:35:30,800 --> 00:35:34,319 Speaker 5: reporting a bomb squad was moving the explosive ordinance at 616 00:35:34,320 --> 00:35:38,680 Speaker 5: the facility when that blast happened. Employees describe hearing a 617 00:35:38,719 --> 00:35:42,960 Speaker 5: massive explosion followed by glass shattering and screaming. All of 618 00:35:42,960 --> 00:35:45,600 Speaker 5: this went down on a parking lot where the Sheriff's 619 00:35:45,600 --> 00:35:46,600 Speaker 5: bomb squad. 620 00:35:46,640 --> 00:35:47,759 Speaker 2: Keeps its vehicles. 621 00:35:48,760 --> 00:35:51,400 Speaker 5: While the Trump administration is continuing its crack down on 622 00:35:51,480 --> 00:35:55,440 Speaker 5: illegal immigration. Just before walking into the White House, borders are, 623 00:35:55,520 --> 00:35:58,319 Speaker 5: Tom Homan laid out the plan. We're going to. 624 00:35:58,320 --> 00:36:00,960 Speaker 8: Focus on SANCTUARYUS cities, make them priority. And why is 625 00:36:01,000 --> 00:36:04,160 Speaker 8: that because we know their problem. We know they're releasing 626 00:36:04,440 --> 00:36:06,799 Speaker 8: public safety threats every day. Because there's anxious city. They're 627 00:36:06,800 --> 00:36:09,880 Speaker 8: not honor entertainers. We don't have that problem most of Texas, 628 00:36:09,880 --> 00:36:12,440 Speaker 8: in Florida, for instance, So we can take resource from 629 00:36:12,440 --> 00:36:14,160 Speaker 8: no errors and put them in an area where we 630 00:36:14,239 --> 00:36:17,439 Speaker 8: know there's a problem. So I said, for weeks, we're 631 00:36:17,440 --> 00:36:20,439 Speaker 8: gonna flood the zone. It's anxious cities. You're gonna see 632 00:36:20,480 --> 00:36:22,840 Speaker 8: a record number of agents in the neighborhoods and a 633 00:36:22,880 --> 00:36:25,080 Speaker 8: record number of agents at work site. If they don't 634 00:36:25,120 --> 00:36:27,200 Speaker 8: give us a criminal amien the safety and security of 635 00:36:27,320 --> 00:36:28,560 Speaker 8: count of jail, then. 636 00:36:28,400 --> 00:36:29,680 Speaker 6: We're gonna go in neighborhood and find them. 637 00:36:29,719 --> 00:36:29,919 Speaker 3: Pause. 638 00:36:29,920 --> 00:36:32,160 Speaker 8: We're going to do the job. We can't find the neighborhood, 639 00:36:32,160 --> 00:36:33,160 Speaker 8: we'll find in the work site. 640 00:36:34,640 --> 00:36:38,600 Speaker 5: Homan also says he, alongside other immigration officials, is working 641 00:36:38,600 --> 00:36:41,600 Speaker 5: to find more beds to house illegals who are in 642 00:36:41,640 --> 00:36:45,000 Speaker 5: the deportation process. He says, given that it can take 643 00:36:45,120 --> 00:36:47,759 Speaker 5: months from the time and arrest is made to deportation, 644 00:36:47,920 --> 00:36:50,400 Speaker 5: more beds are needed to keep up with the demand. 645 00:36:50,840 --> 00:36:53,520 Speaker 5: The borders are also points out that there will be 646 00:36:53,600 --> 00:36:58,319 Speaker 5: no amnesty for those in this country illegally. Former White 647 00:36:58,360 --> 00:37:01,960 Speaker 5: House Press Secretary of kree J Pierre subpoenaed by Congress 648 00:37:01,960 --> 00:37:05,200 Speaker 5: over allegations of a cover up regarding former President Joe 649 00:37:05,239 --> 00:37:08,879 Speaker 5: Biden's mental acuity. She scheduled to testify before the House 650 00:37:08,960 --> 00:37:14,600 Speaker 5: Oversight and Accountability Committee in September. KJP announced her upcoming book, 651 00:37:14,600 --> 00:37:17,760 Speaker 5: which is called Independent, A Look Inside a Broken White 652 00:37:17,760 --> 00:37:20,520 Speaker 5: House Outside the Party lines, back in June of twenty 653 00:37:20,560 --> 00:37:25,200 Speaker 5: twenty four. Publication is set for October. She also left 654 00:37:25,200 --> 00:37:29,360 Speaker 5: the Democratic Party, registering as an independent. Fox News reports 655 00:37:29,680 --> 00:37:32,480 Speaker 5: she is one of four high profile former Biden official 656 00:37:32,520 --> 00:37:37,520 Speaker 5: scheduled for interviews. House Oversite and Accountability Committee Chairman James Comer, 657 00:37:37,760 --> 00:37:42,040 Speaker 5: a Republican from Kentucky's investigating allegations that top Biden White 658 00:37:42,080 --> 00:37:45,799 Speaker 5: House aides concealed the former president's mental and physical decline 659 00:37:46,120 --> 00:37:50,640 Speaker 5: and whether executive actions were issued via auto pin without 660 00:37:50,800 --> 00:37:55,480 Speaker 5: President Biden's knowledge. A new administration in Washington, d C. 661 00:37:55,640 --> 00:37:58,120 Speaker 5: Has brought a lot of positive changes when it comes 662 00:37:58,160 --> 00:38:02,080 Speaker 5: to fixing our broken healthcare system. The reality is that 663 00:38:02,200 --> 00:38:05,239 Speaker 5: there is only so much the government can do, and 664 00:38:05,520 --> 00:38:08,040 Speaker 5: that if we really want to make America healthy again, 665 00:38:08,320 --> 00:38:11,120 Speaker 5: it starts at home with each and every one of us. 666 00:38:11,640 --> 00:38:15,799 Speaker 5: And that's where the wellness company comes in. You see, 667 00:38:15,800 --> 00:38:18,359 Speaker 5: and hear excuse me from TWC doctors all the time 668 00:38:18,400 --> 00:38:20,920 Speaker 5: on this network, and you know that their products are 669 00:38:20,960 --> 00:38:23,640 Speaker 5: the gold standard for keeping you and your family safe 670 00:38:23,640 --> 00:38:26,680 Speaker 5: and healthy. 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Use the promo code voice to save 685 00:39:11,280 --> 00:39:13,400 Speaker 5: ten percent. And as you can see, I've got my 686 00:39:13,520 --> 00:39:15,960 Speaker 5: own kit right here on the desk, so we're not 687 00:39:16,040 --> 00:39:17,759 Speaker 5: just telling me about it. We've got them here in 688 00:39:17,800 --> 00:39:20,680 Speaker 5: our studio as well. Coming up after the break, we'll 689 00:39:20,719 --> 00:39:31,279 Speaker 5: have more America's Voice Live. Stay tuned on WAHU, Hawaii. 690 00:39:31,440 --> 00:39:34,640 Speaker 5: Good afternoon to you there. Always good to see the 691 00:39:34,719 --> 00:39:38,720 Speaker 5: island of Hawaii. What the recisions package clearing the votes 692 00:39:38,760 --> 00:39:43,239 Speaker 5: needed yesterday? American taxpayers and economists are closely watching to 693 00:39:43,280 --> 00:39:46,880 Speaker 5: see how these recisions affect the collective debt. Furthermore, this 694 00:39:47,000 --> 00:39:49,760 Speaker 5: recisions package will be a major point in the fiscal 695 00:39:49,840 --> 00:39:52,520 Speaker 5: year of twenty twenty six, which is a budgeting metric 696 00:39:52,840 --> 00:39:54,960 Speaker 5: used by the government as a sort of game plan 697 00:39:55,040 --> 00:39:58,480 Speaker 5: to assess what causes should be funded in America. And finally, 698 00:39:58,600 --> 00:40:00,920 Speaker 5: the package is expected to be s and by President 699 00:40:00,920 --> 00:40:03,200 Speaker 5: Trump at some point in time today or very soon. 700 00:40:03,640 --> 00:40:06,239 Speaker 5: And that bill, of course, promises to rescind over nine 701 00:40:06,360 --> 00:40:10,560 Speaker 5: billion dollars of previously allocated funds, notably a billion dollars 702 00:40:10,560 --> 00:40:14,080 Speaker 5: of that figure being taken from public broadcast sources like 703 00:40:14,239 --> 00:40:17,399 Speaker 5: NPR and PBS. Joining me now to talk about this 704 00:40:17,640 --> 00:40:20,760 Speaker 5: is the senior director of Government Affairs at the National 705 00:40:20,840 --> 00:40:23,280 Speaker 5: Taxpayers Union, That would be Tommy Iyello. 706 00:40:23,400 --> 00:40:24,560 Speaker 6: Tommy, welcome to the show. 707 00:40:25,239 --> 00:40:27,040 Speaker 9: Hi, good afternoon. Thanks for having me. 708 00:40:27,280 --> 00:40:30,160 Speaker 5: First of all, put into context for us how major 709 00:40:30,200 --> 00:40:32,279 Speaker 5: it is to have a recisions package like this. 710 00:40:32,360 --> 00:40:35,160 Speaker 6: Sign This is a once in a generation kind of thing. 711 00:40:36,160 --> 00:40:37,080 Speaker 9: Yeah, it really is. 712 00:40:37,160 --> 00:40:39,240 Speaker 10: This is the first time that the House and Senate 713 00:40:39,280 --> 00:40:43,040 Speaker 10: have passed the Recisions bill. That's in thirty years. That 714 00:40:43,160 --> 00:40:46,120 Speaker 10: is an unbelievable statistic. The last time it happened was 715 00:40:46,200 --> 00:40:48,719 Speaker 10: under President Clinton. So we're really happy that the bill 716 00:40:48,760 --> 00:40:51,360 Speaker 10: was able to get across the finish line very early 717 00:40:51,440 --> 00:40:53,520 Speaker 10: this morning, and we're expecting the President to sign it 718 00:40:53,600 --> 00:40:54,000 Speaker 10: very soon. 719 00:40:54,600 --> 00:40:56,600 Speaker 5: You know, so much is going to be put on 720 00:40:56,640 --> 00:40:59,719 Speaker 5: the fact that nine billion dollars is being saved, But 721 00:40:59,800 --> 00:41:02,759 Speaker 5: is it is the figure important or is it more 722 00:41:02,760 --> 00:41:05,880 Speaker 5: important about the message that it sends that fraud, waste, 723 00:41:05,880 --> 00:41:08,279 Speaker 5: and abuse will not be tolerated and that it will 724 00:41:08,280 --> 00:41:10,200 Speaker 5: be refunded to the American tax payer. 725 00:41:11,000 --> 00:41:14,440 Speaker 10: Yeah, anytime we're talking and taking action to save taxpayer 726 00:41:14,480 --> 00:41:17,680 Speaker 10: dollars is a good thing. So, yes, nine billion dollars 727 00:41:17,760 --> 00:41:20,800 Speaker 10: in the grand scheme of a two trillion dollar budget deficit, 728 00:41:20,920 --> 00:41:22,640 Speaker 10: it's not a lot of money, but at the end 729 00:41:22,719 --> 00:41:24,840 Speaker 10: of the day, it's a step in the right direction. 730 00:41:25,200 --> 00:41:28,239 Speaker 10: And you know, since the House passed the Recisions Bill 731 00:41:28,280 --> 00:41:31,400 Speaker 10: on June twelfth, we've added four hundred billion dollars to 732 00:41:31,480 --> 00:41:34,680 Speaker 10: our debt. That's eleven billion dollars a day, just a 733 00:41:34,680 --> 00:41:37,160 Speaker 10: new debt. So look, it's not a lot of money 734 00:41:37,440 --> 00:41:39,960 Speaker 10: in the grand scheme of things, But I'm really hopeful 735 00:41:39,960 --> 00:41:42,200 Speaker 10: that this could be the start of how we get 736 00:41:42,520 --> 00:41:44,760 Speaker 10: and restore fiscal sanity in the United States. 737 00:41:45,280 --> 00:41:47,560 Speaker 5: And more importantly, can this be a start of a 738 00:41:47,680 --> 00:41:50,600 Speaker 5: trend seeing more recision bills coming down the pike? 739 00:41:51,680 --> 00:41:53,520 Speaker 9: Yeah, I think that was the whole purpose of this 740 00:41:53,680 --> 00:41:56,040 Speaker 9: precisions bill. It was supposed to be a trial balloon. 741 00:41:56,280 --> 00:41:59,080 Speaker 10: The Administration sent it over to see if the House 742 00:41:59,120 --> 00:42:02,399 Speaker 10: and Senate or see you about saving money. Obviously they are, 743 00:42:02,600 --> 00:42:04,759 Speaker 10: so I'm really confident that on the other side of 744 00:42:04,840 --> 00:42:07,759 Speaker 10: the August recess, the Administration will send. 745 00:42:07,520 --> 00:42:09,920 Speaker 9: Many more packages. And the way we look. 746 00:42:09,760 --> 00:42:12,800 Speaker 10: At it is that's one part of a holistic approach 747 00:42:12,840 --> 00:42:14,680 Speaker 10: for how we get our fiscal house in order. 748 00:42:14,960 --> 00:42:17,560 Speaker 9: Recisions packages, economic. 749 00:42:17,040 --> 00:42:20,440 Speaker 10: Growth through tax cuts and deregulation, which was a major 750 00:42:20,480 --> 00:42:23,279 Speaker 10: part of the One Big Beautiful Bill, and then the 751 00:42:23,320 --> 00:42:26,879 Speaker 10: normal appropriations process that's happening right now. This is when 752 00:42:26,920 --> 00:42:29,360 Speaker 10: Congress decides where they're going to spend your money on 753 00:42:29,400 --> 00:42:32,279 Speaker 10: the different departments for the next fiscal year. So that 754 00:42:32,320 --> 00:42:36,040 Speaker 10: process is ongoing. I'm very confident and hopeful that the 755 00:42:36,280 --> 00:42:39,359 Speaker 10: Congress will spend less money next year than they did 756 00:42:39,400 --> 00:42:42,239 Speaker 10: this year. It's a small step, but taken together, it 757 00:42:42,239 --> 00:42:44,200 Speaker 10: can make a significant difference. 758 00:42:44,600 --> 00:42:47,640 Speaker 5: Tommy, you use the term holistic approach, which really caught 759 00:42:47,680 --> 00:42:50,680 Speaker 5: my attention because I would imagine that part of that 760 00:42:50,719 --> 00:42:53,880 Speaker 5: holistic approach is, yes, making sure that fraud, waste, and 761 00:42:53,920 --> 00:42:57,240 Speaker 5: abuse is not part of our system, but also cutting 762 00:42:57,320 --> 00:43:00,680 Speaker 5: spending and making sure that lawmakers, our b are fiscal 763 00:43:00,760 --> 00:43:02,320 Speaker 5: stewards of the taxpayer dollar. 764 00:43:03,280 --> 00:43:04,520 Speaker 9: Yeah, that's exactly right. 765 00:43:04,560 --> 00:43:08,400 Speaker 10: And the way we're seeing right now in the Appropriations Committee, 766 00:43:08,480 --> 00:43:12,400 Speaker 10: chaired by Congressman Tom Cole of Oklahoma, they are moving 767 00:43:12,520 --> 00:43:15,279 Speaker 10: bills that spend less than last year, locking in a 768 00:43:15,280 --> 00:43:17,319 Speaker 10: lot of the DOGE cuts. You know, we're seeing that 769 00:43:17,400 --> 00:43:21,520 Speaker 10: for the Department of Energy Transportation and Department of Housing 770 00:43:21,520 --> 00:43:24,920 Speaker 10: and Urban Development, they're going to spend about ten billion 771 00:43:24,960 --> 00:43:28,600 Speaker 10: dollars less this year next year than this year. Of course, 772 00:43:28,640 --> 00:43:31,000 Speaker 10: we need sixty votes in the Senate to lock that in. 773 00:43:31,680 --> 00:43:35,040 Speaker 10: Hopefully the Democrats will play ball and save some money, 774 00:43:35,719 --> 00:43:37,640 Speaker 10: but we'll we'll have to see if they want to 775 00:43:37,640 --> 00:43:38,239 Speaker 10: play with us. 776 00:43:38,760 --> 00:43:42,439 Speaker 5: And another part of this conversation is long term when 777 00:43:42,440 --> 00:43:46,320 Speaker 5: it comes to spending bills and that kind of thing. Unfortunately, 778 00:43:46,480 --> 00:43:49,920 Speaker 5: Congress has for too long kicked the can down the road, pass. 779 00:43:49,760 --> 00:43:51,799 Speaker 6: Crs and that kind of thing. Do you think this 780 00:43:51,840 --> 00:43:52,560 Speaker 6: sort of moved. 781 00:43:52,400 --> 00:43:55,239 Speaker 5: This victory, if you will, will inspire Congress to act 782 00:43:55,239 --> 00:43:57,760 Speaker 5: a bit more decisively when it comes to funding our government. 783 00:43:58,760 --> 00:43:59,640 Speaker 9: You know, I really hope. 784 00:43:59,680 --> 00:44:02,240 Speaker 10: So I mentioned that we're running a two trillion dollar 785 00:44:02,360 --> 00:44:06,320 Speaker 10: a year deficit. That is a significant amount of money, 786 00:44:06,400 --> 00:44:08,400 Speaker 10: and it's part of the reason we've gotten to about 787 00:44:08,400 --> 00:44:09,200 Speaker 10: thirty seven. 788 00:44:09,000 --> 00:44:10,640 Speaker 9: Trillion dollars in debt. 789 00:44:10,760 --> 00:44:13,080 Speaker 10: So one thing that we're looking at is one the 790 00:44:13,200 --> 00:44:16,200 Speaker 10: establishment of a physical commission to see one what are 791 00:44:16,200 --> 00:44:18,600 Speaker 10: the main drivers of debt and what are some bipartisan 792 00:44:18,640 --> 00:44:21,080 Speaker 10: solutions we can take to address it. And then two, 793 00:44:21,280 --> 00:44:23,719 Speaker 10: we should party like it's twenty nineteen again. We should 794 00:44:23,760 --> 00:44:27,839 Speaker 10: return to pre COVID spending levels. That means reducing discretionary 795 00:44:27,880 --> 00:44:31,239 Speaker 10: spending on things like the Department of Education, the military, 796 00:44:31,400 --> 00:44:34,120 Speaker 10: and all these other departments back to pre COVID levels, 797 00:44:34,160 --> 00:44:36,640 Speaker 10: which would save about four hundred billion dollars a year. 798 00:44:36,880 --> 00:44:38,480 Speaker 10: And of course we need to address some of the 799 00:44:38,600 --> 00:44:41,520 Speaker 10: entitlement spending that really is on autopilot, and that's the 800 00:44:41,560 --> 00:44:45,440 Speaker 10: main driver of our debt. That's Medicaid, Medicare, and Social Security. 801 00:44:45,880 --> 00:44:48,160 Speaker 5: You mentioned a fiscal commission. How would that work? How 802 00:44:48,160 --> 00:44:48,960 Speaker 5: do you envision that? 803 00:44:49,800 --> 00:44:53,400 Speaker 9: Sure, so, there's already been the legislation introduced in the 804 00:44:53,440 --> 00:44:56,960 Speaker 9: House that would say, hey, let's create a bipartisan commission. 805 00:44:57,160 --> 00:44:59,520 Speaker 9: Let's see one where we're spending our money? Where is 806 00:44:59,560 --> 00:45:02,600 Speaker 9: there way how can we tackle our deficits? So would 807 00:45:02,600 --> 00:45:05,200 Speaker 9: bring all these stakeholders to the table and they would 808 00:45:05,200 --> 00:45:08,080 Speaker 9: look at various solutions to address it, whether it's you know, 809 00:45:08,239 --> 00:45:11,160 Speaker 9: cutting spending, How can we reform entitlements, How can we 810 00:45:11,280 --> 00:45:14,640 Speaker 9: reform discretion or spending. They would come up with a solution, 811 00:45:14,840 --> 00:45:17,120 Speaker 9: a report, and Congress can take an up or down 812 00:45:17,239 --> 00:45:19,160 Speaker 9: vote on such a report. 813 00:45:19,440 --> 00:45:23,360 Speaker 10: We think that one takes the political nature of a 814 00:45:23,360 --> 00:45:26,080 Speaker 10: commission out of the process. That way, we can really 815 00:45:26,120 --> 00:45:29,040 Speaker 10: just focus on a handful of solutions that can structurally 816 00:45:29,080 --> 00:45:30,280 Speaker 10: reform how we spend money. 817 00:45:30,719 --> 00:45:32,200 Speaker 6: Sounds like a reasonable idea. 818 00:45:32,239 --> 00:45:35,600 Speaker 5: Do you see that floating with congress members or anyone 819 00:45:35,680 --> 00:45:38,760 Speaker 5: really on Capitol Hill. They like to make the decisions, 820 00:45:38,760 --> 00:45:40,879 Speaker 5: particularly when it comes to spending our money on their own. 821 00:45:41,600 --> 00:45:43,400 Speaker 10: Yeah, they love to spend money, but they're not so 822 00:45:43,560 --> 00:45:45,480 Speaker 10: keen on clawing back some of the money. And I 823 00:45:45,480 --> 00:45:48,520 Speaker 10: think that's what makes this Recisions package really so historic. 824 00:45:48,600 --> 00:45:51,440 Speaker 10: And of course it's nine billion dollars. It's you know, 825 00:45:51,640 --> 00:45:53,880 Speaker 10: how we devour a whale is one bat at a time. 826 00:45:54,080 --> 00:45:56,480 Speaker 10: And I'm very confident that we'll be able to see 827 00:45:56,480 --> 00:45:59,000 Speaker 10: more Decisions packages come through to the House in the 828 00:45:59,040 --> 00:46:01,600 Speaker 10: Senate and that will hold hopefully receive more support in 829 00:46:01,640 --> 00:46:02,680 Speaker 10: the coming months. 830 00:46:03,040 --> 00:46:03,680 Speaker 6: We shall see. 831 00:46:03,719 --> 00:46:07,280 Speaker 5: We'll obviously be monitoring here on Real America's Voice, Tommy Iela. 832 00:46:07,320 --> 00:46:11,640 Speaker 5: We appreciate your time, Thank you, Thank you well, folks. 833 00:46:11,680 --> 00:46:14,120 Speaker 5: I realize that there are many choices when it comes 834 00:46:14,200 --> 00:46:16,400 Speaker 5: to who you choose for your cell phone service, and 835 00:46:16,800 --> 00:46:18,799 Speaker 5: there are also new ones that are popping up all 836 00:46:18,840 --> 00:46:19,280 Speaker 5: the time. 837 00:46:19,719 --> 00:46:21,000 Speaker 6: But here's the truth. 838 00:46:21,239 --> 00:46:24,120 Speaker 5: There's only one that boldly stands in the gap for 839 00:46:24,239 --> 00:46:27,319 Speaker 5: every American that believes that freedom is worth fighting for, 840 00:46:27,520 --> 00:46:30,879 Speaker 5: and that would be Patriot Mobile. For more than twelve years, 841 00:46:30,880 --> 00:46:33,360 Speaker 5: Patriot Mobile has been on the front lines fighting for 842 00:46:33,440 --> 00:46:36,680 Speaker 5: our god given rights and in freedoms, while also providing 843 00:46:36,760 --> 00:46:40,560 Speaker 5: exceptional nationwide cell phone service with access to all three 844 00:46:40,560 --> 00:46:43,319 Speaker 5: of the main networks. So don't just take my word 845 00:46:43,360 --> 00:46:46,640 Speaker 5: for it. Ask the hundreds of thousands of Americans who've 846 00:46:46,680 --> 00:46:49,600 Speaker 5: made the switch and are now supporting causes they believe in. 847 00:46:49,680 --> 00:46:53,400 Speaker 5: Simply by joining Patriot Mobile, Switching is easier than ever before. 848 00:46:53,520 --> 00:46:56,120 Speaker 5: Or you can activate in minutes from the comfort of 849 00:46:56,160 --> 00:46:58,600 Speaker 5: your own home, and you can keep your number, keep 850 00:46:58,640 --> 00:47:00,520 Speaker 5: your phone, or you can upgrade it if you like. 851 00:47:00,880 --> 00:47:05,239 Speaker 5: Patriot Mobile's all US based support team is standing by 852 00:47:05,480 --> 00:47:08,560 Speaker 5: to take care of you. Call nine seven two Patriot today, 853 00:47:08,719 --> 00:47:12,040 Speaker 5: or go to Patriotmobile dot com slash rav use the 854 00:47:12,080 --> 00:47:15,000 Speaker 5: promo code RAV for a free month of service that's 855 00:47:15,040 --> 00:47:18,680 Speaker 5: Patriotmobile dot com slash rav. Or simply call nine seven 856 00:47:18,719 --> 00:47:22,839 Speaker 5: two Patriot and make the switch today. All right, we're 857 00:47:22,840 --> 00:47:25,040 Speaker 5: gonna take another quick break. When we come back, we'll 858 00:47:25,040 --> 00:47:27,800 Speaker 5: have a story that reminds us of just how wonderful 859 00:47:27,800 --> 00:47:31,680 Speaker 5: America is. Plus we'll have your answers to our America's 860 00:47:31,760 --> 00:47:32,839 Speaker 5: Voice question of the day. 861 00:47:32,840 --> 00:47:34,000 Speaker 6: There it is on your screen. 862 00:47:34,400 --> 00:47:37,040 Speaker 5: What the Recisions Bill going to President Trump's desk to 863 00:47:37,040 --> 00:47:39,959 Speaker 5: be signed? What board cuts would you like to see 864 00:47:40,000 --> 00:47:48,600 Speaker 5: the government make can't wait to hear what you say. 865 00:47:51,920 --> 00:47:54,839 Speaker 5: We are back with this story that indicates just how 866 00:47:54,920 --> 00:47:57,680 Speaker 5: great this country is. And this morning's what makes America 867 00:47:57,800 --> 00:48:01,000 Speaker 5: Wonderful segment, we want to introduce she to a young man. 868 00:48:00,920 --> 00:48:02,640 Speaker 6: Who really did something astonishing. 869 00:48:03,280 --> 00:48:05,920 Speaker 5: It comes to us from Everett, Washington, where a thirteen 870 00:48:05,960 --> 00:48:08,560 Speaker 5: year old boy pulled off a daring rescue of a 871 00:48:08,680 --> 00:48:12,840 Speaker 5: child who was submerged and drowning at Silver Lake. Gage 872 00:48:12,840 --> 00:48:14,640 Speaker 5: Brian as the young man's name. He was at the 873 00:48:14,719 --> 00:48:17,000 Speaker 5: lake with his aunt, and the outing seemed to be 874 00:48:17,080 --> 00:48:17,960 Speaker 5: going as any. 875 00:48:17,760 --> 00:48:19,239 Speaker 6: Normal family outing would go. 876 00:48:20,080 --> 00:48:23,120 Speaker 5: The trip quickly, though, called for immediate action, as an 877 00:48:23,120 --> 00:48:26,080 Speaker 5: attendee president at the lake that day informed everyone that 878 00:48:26,160 --> 00:48:28,279 Speaker 5: a little boy had gone into the water and. 879 00:48:28,280 --> 00:48:29,359 Speaker 6: Hadn't come back up. 880 00:48:29,840 --> 00:48:33,520 Speaker 5: Almost immediately, that little boy's mother frantically mentioned that the 881 00:48:33,560 --> 00:48:37,279 Speaker 5: boy couldn't swim without hesitation, though Gauge dove into the 882 00:48:37,360 --> 00:48:40,040 Speaker 5: murky water and swam underneath the dock to search for 883 00:48:40,080 --> 00:48:42,840 Speaker 5: the little boy who was drowning after getting tangled in 884 00:48:42,920 --> 00:48:47,480 Speaker 5: some seaweed. After some time, after some time submerged, Gage 885 00:48:47,880 --> 00:48:50,520 Speaker 5: was ultimately able to bring the boy up, and, even 886 00:48:50,560 --> 00:48:53,560 Speaker 5: after being out of breath, gave chest compressions to the 887 00:48:53,560 --> 00:48:56,879 Speaker 5: little boy before pant paramedics finally arrived to take over 888 00:48:56,880 --> 00:48:59,719 Speaker 5: the transport him to the hospital where the little boy 889 00:48:59,719 --> 00:49:00,640 Speaker 5: remain means. 890 00:49:00,360 --> 00:49:01,560 Speaker 6: In stable condition. 891 00:49:02,239 --> 00:49:05,360 Speaker 5: Gage's selfless actions and determination to save the boy that 892 00:49:05,480 --> 00:49:08,440 Speaker 5: day are great values to have, of course, especially for 893 00:49:08,520 --> 00:49:11,680 Speaker 5: his age, and they are also indicative of what makes 894 00:49:11,719 --> 00:49:14,360 Speaker 5: America wonderful and why we do these sorts of stories 895 00:49:14,360 --> 00:49:17,399 Speaker 5: every single day. All right, let's get to America's question 896 00:49:17,440 --> 00:49:20,040 Speaker 5: of the day. With the Recisions bill going to President 897 00:49:20,040 --> 00:49:22,880 Speaker 5: Trump's desk to be signed, what more cuts would you 898 00:49:22,960 --> 00:49:25,520 Speaker 5: like to see the government make? First of all, we 899 00:49:25,560 --> 00:49:28,560 Speaker 5: want to thank everyone for responding, Anita King Europe. First, 900 00:49:28,680 --> 00:49:31,400 Speaker 5: you right, I would appreciate seeing more help for our 901 00:49:31,480 --> 00:49:34,920 Speaker 5: veterans and active duty service members. When I see illegals 902 00:49:35,000 --> 00:49:37,840 Speaker 5: get more handed to them and less to our veterans, 903 00:49:37,960 --> 00:49:41,400 Speaker 5: it angers me so. And then there's jan daals Diello 904 00:49:41,400 --> 00:49:44,759 Speaker 5: who writes, good question, stop income tax and do a 905 00:49:44,800 --> 00:49:47,759 Speaker 5: flat tax. She says, thanks to each and every one 906 00:49:47,760 --> 00:49:49,920 Speaker 5: of you for responding, and thanks to you for being 907 00:49:49,960 --> 00:49:51,640 Speaker 5: here with us for America's Voice Live. 908 00:49:51,719 --> 00:49:56,919 Speaker 6: Have a great weekend.