WEBVTT 1 00:00:11.880 --> 00:00:14.839 It's seven five here at fifty five KRSEV talk station. 2 00:00:15.039 --> 00:00:16.839 It is Friday, and I'm very happy Friday to you, 3 00:00:16.879 --> 00:00:21.120 Brian Thomas. Always looking forward to conversations with Congressman Warren Davidson, 4 00:00:21.160 --> 00:00:23.280 So let's have one. Welcome back to the fifty five 5 00:00:23.320 --> 00:00:25.640 CASSE Morning Show. Congressman Davidson. It's always a pleasure to 6 00:00:25.679 --> 00:00:27.000 have you on the program. 7 00:00:27.519 --> 00:00:30.679 Good morning, Brian, definitely my honors to join you. Thank you, and. 8 00:00:30.640 --> 00:00:32.240 Boy, I'll tell you what just before we dive on 9 00:00:32.320 --> 00:00:35.880 into the topics, including your appointment to the Foreign Affairs Subcommittee. 10 00:00:36.759 --> 00:00:41.039 What's it like Donald Trump hitting the ground, sprinting. I mean, 11 00:00:41.079 --> 00:00:44.359 this is what a whirlwind of activities we've seen since Monday. 12 00:00:44.359 --> 00:00:45.399 Your reaction. 13 00:00:46.560 --> 00:00:48.359 Morales high. I mean, what a great time to be 14 00:00:48.399 --> 00:00:50.520 in Ohio and anyway. But you know, the Golden Age 15 00:00:50.560 --> 00:00:54.399 of America is starting again, as Donald Trump has phrased it. 16 00:00:54.439 --> 00:00:56.759 But you know, we get two new senators, one of 17 00:00:56.759 --> 00:00:59.320 them isn't shared bround for the first time in ever. 18 00:01:01.039 --> 00:01:04.400 You know, we get the Vice President of the United States. 19 00:01:04.439 --> 00:01:09.120 The buck guys win a national championship, albeit over my Irish, 20 00:01:09.159 --> 00:01:14.319 so pretty good, pretty good time. And once all the parties, 21 00:01:14.760 --> 00:01:16.920 you know, got in her way. Kind of intermixed with that, 22 00:01:17.000 --> 00:01:20.079 Donald Trump starts cranking out executive orders. I mean the 23 00:01:20.120 --> 00:01:22.319 speeches were pretty good, but you know, we kind of thought, like, 24 00:01:22.680 --> 00:01:25.799 just break out the desk and start signing, right, But 25 00:01:25.840 --> 00:01:28.200 he hadn't taken very many breaks from signing since he 26 00:01:28.799 --> 00:01:31.359 since he took office. And these things are rolling out 27 00:01:31.400 --> 00:01:34.719 with some great effect and you know, changing people's lives 28 00:01:34.760 --> 00:01:35.239 for the better. 29 00:01:35.439 --> 00:01:37.760 Well, I must observe and just going to get your 30 00:01:37.840 --> 00:01:41.719 action because I am hoping and maybe against hope, I'm 31 00:01:41.760 --> 00:01:44.519 I'm trying to be optimistic about this, that this is 32 00:01:44.560 --> 00:01:48.159 the beginning of the end of the climate change religion. 33 00:01:49.280 --> 00:01:52.719 You know, I observe. Germany has cut its own throat. 34 00:01:52.840 --> 00:01:55.439 Its businesses and industry can't even operate because the price 35 00:01:55.439 --> 00:01:58.120 of energy is so big, and they pursued that green 36 00:01:58.519 --> 00:02:02.159 agenda so much so that they can no longer afford energy. 37 00:02:02.159 --> 00:02:04.319 And energy isn't produced when the wind isn't blowing and 38 00:02:04.359 --> 00:02:06.280 the sun isn't shying. So just the other day they were, 39 00:02:06.640 --> 00:02:10.199 you know, buying nuclear generated energy from France. Of all things, 40 00:02:10.199 --> 00:02:12.520 I mean, their economy, they were the powerhouse of the 41 00:02:12.560 --> 00:02:16.439 European Union, and they've just because of green policy, you 42 00:02:16.680 --> 00:02:19.520 have just sunk and it's it's it's sorry, it's it's 43 00:02:19.560 --> 00:02:21.879 it's a shame to see. But Donald Trump's going the 44 00:02:21.879 --> 00:02:26.159 polar opposite direction, and maybe we'll provide a springboard for 45 00:02:26.240 --> 00:02:28.159 Europe to do the same things. In other words, well, 46 00:02:28.199 --> 00:02:30.479 we'd love to pursue green, but look, the United States 47 00:02:30.560 --> 00:02:33.639 is going a hell bend for leather and producing cheap energy, 48 00:02:33.680 --> 00:02:36.000 and it's becoming a more of an economic powerhouse than 49 00:02:36.039 --> 00:02:39.319 it already is. We need them to survive. So because 50 00:02:39.360 --> 00:02:43.599 of Trump, maybe we'll walk away from this green energy nonsense. 51 00:02:45.000 --> 00:02:47.159 Yeah, I mean, I hope they save themselves. But I'm 52 00:02:47.199 --> 00:02:49.439 confident we're going to go to the right direction on energy 53 00:02:49.439 --> 00:02:52.800 in America and on manufacturing. And you know, that's that's 54 00:02:52.800 --> 00:02:55.719 what I was doing before I took office on an 55 00:02:55.719 --> 00:03:01.080 operating manufacturing companies. And you know who surprised. It takes 56 00:03:01.120 --> 00:03:03.919 a lot of energy to manufacture things right, and it 57 00:03:03.960 --> 00:03:07.560 takes people, and you know, without without people showing up 58 00:03:07.599 --> 00:03:11.000 to make the stuff, there's no stuff right. And you know, 59 00:03:11.039 --> 00:03:14.520 we've got so much good energy going on in Ohio, 60 00:03:14.919 --> 00:03:17.719 not just from the natural gas that's over in eastern Ohio. 61 00:03:18.319 --> 00:03:20.719 We we've got some strong energy producers down if you 62 00:03:20.719 --> 00:03:24.360 look at the mind Fort coal fired power plant right there. 63 00:03:25.240 --> 00:03:27.319 Hopefully we can extend the life of that. They were 64 00:03:27.360 --> 00:03:29.960 talking about turning it off because of all this climate 65 00:03:30.039 --> 00:03:34.240 change stuff, and we've got massive demand for energy. Why 66 00:03:34.319 --> 00:03:36.039 would we take supply out of the system. 67 00:03:36.479 --> 00:03:39.680 Yeah, yes to that. And then I understand Indiana's putting 68 00:03:39.719 --> 00:03:42.400 up a new nuclear plant, and I've just been really 69 00:03:42.439 --> 00:03:45.240 hoping that we would start going the direction of nuclear power. 70 00:03:45.240 --> 00:03:48.680 Given the modern nuclear plants are so comparatively easy to 71 00:03:48.759 --> 00:03:51.680 build and take up such a smaller footprint. They don't 72 00:03:51.680 --> 00:03:54.000 have the design flaws to say, the three mile island 73 00:03:54.080 --> 00:03:55.960 type plants with the big cooling towers. 74 00:03:55.719 --> 00:03:56.080 And the like. 75 00:03:56.120 --> 00:03:58.199 I mean that that's that to me, it's just to 76 00:03:58.199 --> 00:04:00.800 be a no brainer because it fulfills the climate agenda 77 00:04:00.800 --> 00:04:03.560 if you believe in it, zero carbon production, but also 78 00:04:03.639 --> 00:04:07.560 provides just bountiful and plentiful amounts of electricity. 79 00:04:08.080 --> 00:04:10.919 Yeah. I mean, it's all body with nuclear reactors our 80 00:04:11.000 --> 00:04:13.960 gain and fast track approval, and you know you've seen 81 00:04:14.039 --> 00:04:17.240 demonstrations on fusion. So I think nuclear age is going 82 00:04:17.279 --> 00:04:21.839 to be tremendous for meeting the needs. And look, you know, 83 00:04:21.879 --> 00:04:24.759 there were some problems with how HB six came in 84 00:04:24.800 --> 00:04:26.680 to deal with nuclear in Ohio, but there was a 85 00:04:26.720 --> 00:04:28.920 real risk we would take our two reactors that are 86 00:04:28.959 --> 00:04:33.560 in Ohio offline, following the Germans or something crazy. So 87 00:04:33.720 --> 00:04:37.319 thankfully we've got those operating and providing a huge baseload 88 00:04:37.399 --> 00:04:38.240 for our state. 89 00:04:38.160 --> 00:04:41.399 No doubt about it. Congressman Davidson, congratulations on your appointment 90 00:04:41.439 --> 00:04:43.240 to the Foreign Afairs Subcommittee. What are you going to 91 00:04:43.279 --> 00:04:45.439 be in charge of and what is the role that 92 00:04:45.519 --> 00:04:46.800 the subcommitte plays? 93 00:04:47.879 --> 00:04:51.600 Well, I'm still on Financial Services, and there I'm the 94 00:04:51.680 --> 00:04:55.199 chairman for National Security and illictit finance, and that's because 95 00:04:55.240 --> 00:04:57.480 that part goes through Treasury all the ways to follow 96 00:04:57.519 --> 00:05:01.079 the money, the sanctions that you put in Treasury uses 97 00:05:01.160 --> 00:05:03.759 the power of the US dollar being the reserve currency 98 00:05:04.240 --> 00:05:07.680 to gather a lot of intelligence and do that in 99 00:05:07.720 --> 00:05:10.680 a foreign affairs way, but you also look at it 100 00:05:10.759 --> 00:05:13.319 in a domestic way, and it is certainly one of 101 00:05:13.360 --> 00:05:15.399 the things that I hope we do that a better 102 00:05:15.480 --> 00:05:18.399 job of is using all those tools not just to 103 00:05:18.399 --> 00:05:22.240 go after true enemies of our country, but enemies of 104 00:05:22.279 --> 00:05:24.879 our people. And one of The biggest is the scams 105 00:05:24.879 --> 00:05:28.720 that are being foisted on our senior citizens, in particular 106 00:05:29.319 --> 00:05:33.040 organized crime going after people. So that's the subcommittee that 107 00:05:33.079 --> 00:05:35.240 I'm the chairman of. But I'm also on the Foreign 108 00:05:35.240 --> 00:05:38.319 Affairs Committee, and there we'll be doing oversight over the 109 00:05:38.319 --> 00:05:41.839 State Department. That place needs reformed. Marco Rubio started out 110 00:05:41.839 --> 00:05:44.920 with a blaze, letting a lot of people go that 111 00:05:45.000 --> 00:05:48.560 have been in positions that haven't been advancing America's interests. 112 00:05:48.600 --> 00:05:51.360 So he's going to repopulate that with good people. And 113 00:05:52.000 --> 00:05:54.560 then we'll be dealing with Western Europe, with Europe, and 114 00:05:54.839 --> 00:05:58.480 of course hopefully we'll get a peaceful resolution in Ukraine. 115 00:05:58.519 --> 00:05:59.800 So those are some of the highlights. 116 00:06:00.439 --> 00:06:02.720 Well, and you mentioned, you know, he's replacing, you know, 117 00:06:03.399 --> 00:06:06.519 keep people in various different departments, and I understand that, 118 00:06:07.000 --> 00:06:13.560 but the do you expect the regular frontline employees that 119 00:06:13.639 --> 00:06:15.759 aren't being replaced, but you know, hold over to the 120 00:06:15.800 --> 00:06:18.639 Biden administration. It may not, you know, favor or want 121 00:06:18.680 --> 00:06:21.240 to engage in helping out Donald Trump and his agenda. 122 00:06:21.279 --> 00:06:24.360 Are they going to play a ball with the new 123 00:06:24.360 --> 00:06:25.160 department heads? 124 00:06:26.399 --> 00:06:28.720 I mean the reality is obviously some of them won't. 125 00:06:28.800 --> 00:06:32.399 You'll have people like alex Vinman, who was a swamp 126 00:06:32.439 --> 00:06:36.720 creature that was chargeting Donald Trump over the call to 127 00:06:36.839 --> 00:06:39.079 Ukraine to say, hey, shouldn't you guys look into this 128 00:06:39.160 --> 00:06:42.519 Hunter Biden situation here? And that's what led to the 129 00:06:42.560 --> 00:06:46.920 first Trump impeachment was will weasel like alex Viannman. And 130 00:06:47.519 --> 00:06:49.240 when I asked, he said, well, you know, the president 131 00:06:49.279 --> 00:06:53.160 has a role in foreign policy, so you get to 132 00:06:53.199 --> 00:06:56.600 trust the pros like alex Vinman to really really comprehensively 133 00:06:56.720 --> 00:07:00.759 round out the foreign policy agenda. So there are certainly 134 00:07:00.800 --> 00:07:02.879 some of those folks, but part of the goal is, 135 00:07:02.920 --> 00:07:05.279 look all the things. All the agencies of the federal 136 00:07:05.319 --> 00:07:08.879 government have two ways they exist. One is they're authorized, 137 00:07:08.920 --> 00:07:11.120 and that's the authorizing Committee. In this case of the 138 00:07:11.120 --> 00:07:15.040 State Department, that's Foreign Affairs, in the case of Treasury 139 00:07:15.600 --> 00:07:19.040 that's Financial Services. So we will be reviewing all the 140 00:07:19.079 --> 00:07:24.360 authorizations and the structure of these entities this year and 141 00:07:25.160 --> 00:07:29.160 doing the appropriations, and so you can restructure whole division. 142 00:07:29.279 --> 00:07:33.439 So for example, Donald Trump's executive orders have put a 143 00:07:33.480 --> 00:07:36.959 pause they're going to get paid on administrative leave on 144 00:07:37.079 --> 00:07:41.000 all DEI people. Now, he would lose in court if 145 00:07:41.000 --> 00:07:44.000 he just said you're fired because they legally set them 146 00:07:44.079 --> 00:07:48.480 up under all the you know Biden, you know nonsense 147 00:07:48.519 --> 00:07:51.720 that was going on. And so they passed laws and 148 00:07:51.759 --> 00:07:55.600 funded this stuff. And we are going to pass laws 149 00:07:55.639 --> 00:07:59.240 and defund it and de authorize it, and and so 150 00:08:00.319 --> 00:08:02.680 that'll get us back focused. But in the meantime, some 151 00:08:02.720 --> 00:08:05.120 of the executive orders Donald Trump's done, and I'm sure 152 00:08:05.639 --> 00:08:09.199 in State Marco Rubio who's now confirmed, and eventually when 153 00:08:09.240 --> 00:08:12.360 Scott descent and it gets confirmed to be Treasury Secretary, 154 00:08:12.720 --> 00:08:14.879 they will be doing the same kinds of things down 155 00:08:14.879 --> 00:08:17.879 through the organization so that they get focused. And you know, 156 00:08:17.920 --> 00:08:20.160 when we get cash battel at the FBI, I mean, 157 00:08:20.199 --> 00:08:22.360 that is one of the biggest mandates is you've got 158 00:08:22.360 --> 00:08:25.680 to reform it. Hopefully soon we'll get Tulsa Gabbert confirmed 159 00:08:25.720 --> 00:08:28.360 as the Director of National Intelligence. You look at how 160 00:08:28.399 --> 00:08:31.639 the intelligence that we have great capabilities on intelligence, and 161 00:08:31.680 --> 00:08:34.840 we should, but they're supposed to be used against the 162 00:08:34.879 --> 00:08:38.480 enemies of our country. They were using these against parents. 163 00:08:38.480 --> 00:08:40.919 They're going after parents who showed up at school board meetings, 164 00:08:41.200 --> 00:08:44.840 people who peacefully protested in Washington, d Z. I mean, 165 00:08:44.960 --> 00:08:48.240 so all kinds of things that were you know, pro 166 00:08:48.320 --> 00:08:51.639 life pro life Catholics were targeted as enemys of our 167 00:08:51.679 --> 00:08:55.360 country by the FBI. So these reforms have to be 168 00:08:55.399 --> 00:08:58.759 done aggressively and across so many aspects of our government. 169 00:08:59.240 --> 00:09:01.039 And so you know we're going to that part of 170 00:09:01.240 --> 00:09:03.960 blends right into what the Trump President Trump has worked 171 00:09:03.960 --> 00:09:08.919 with Elon Musk on is doge and leaning out the government. 172 00:09:08.919 --> 00:09:11.039 There's a lot of this stuff that doesn't need to exist. 173 00:09:12.200 --> 00:09:14.120 Do you real quick, we'll take a break here. This 174 00:09:14.159 --> 00:09:16.879 is the second Congress from Warren Davidson. It all sounds 175 00:09:17.080 --> 00:09:19.320 grand and glorious, you know, pairing back the size of the 176 00:09:19.320 --> 00:09:23.879 scope of government and defunding these these unnecessary departments. Are 177 00:09:24.039 --> 00:09:25.960 any of these going to be stumbling blocks that you're 178 00:09:25.960 --> 00:09:28.039 going to face opposition from the Democrats so much so 179 00:09:28.159 --> 00:09:29.879 that you won't be able to pass the bill. 180 00:09:31.480 --> 00:09:33.879 Well, I don't know. I can't believe Susan Collins and 181 00:09:33.919 --> 00:09:37.399 Lisa Murkowski couldn't get behind p hexside. So that's very disappointing. 182 00:09:37.399 --> 00:09:40.759 Over in the Senate, you know, hopefully we'll get get 183 00:09:40.759 --> 00:09:42.639 our act together in the House. We've got an even 184 00:09:42.679 --> 00:09:45.759 smaller majority in the House than they've got in the Senate, 185 00:09:45.799 --> 00:09:47.360 so we are going to have to work together. We're 186 00:09:47.399 --> 00:09:49.279 going to be on a retreat next week, getting out 187 00:09:49.320 --> 00:09:52.679 of DC. You know, to me, it doesn't really matter. 188 00:09:52.679 --> 00:09:55.519 We're going to sit in the conference room somewhere, but 189 00:09:55.600 --> 00:09:57.600 we're going to go through a few struggle sessions to 190 00:09:57.639 --> 00:10:00.559 make sure we're singing from the same sheet music. Because 191 00:10:00.559 --> 00:10:05.000 the government's temporarily funded so March fourteenth. And the good 192 00:10:05.039 --> 00:10:07.679 news is we didn't fund it with Biden as president 193 00:10:08.200 --> 00:10:10.919 and Kamala Harris. I mean, the deadline was October first. 194 00:10:11.639 --> 00:10:13.399 But if there's a time to play kick the can, 195 00:10:13.440 --> 00:10:15.159 it's in the face of a big election like the 196 00:10:15.200 --> 00:10:18.519 one we just had. If we play this well and smartly, 197 00:10:19.320 --> 00:10:22.360 we could get a huge turbo booze to the Trump 198 00:10:22.360 --> 00:10:26.159 administration right here in the first hundred days by passing 199 00:10:26.639 --> 00:10:30.759 a Republican oriented funding package by March fourteenth. 200 00:10:31.399 --> 00:10:33.559 Well, I sure hope the Democrats wake up to the cold, 201 00:10:33.559 --> 00:10:36.200 harsh reality that the American people wants this, and that's 202 00:10:36.200 --> 00:10:40.440 why Donald Trump was elected president. So we'll see. I'm 203 00:10:40.440 --> 00:10:42.320 trying to be cautiously optimistic about that one. It's a 204 00:10:42.320 --> 00:10:43.360 little difficult, carsman. 205 00:10:43.480 --> 00:10:49.360 Davidson, Well, you're probably right to be a little nervous. Yeah, 206 00:10:49.720 --> 00:10:54.240 but you're dead right. I mean, look, I don't know 207 00:10:54.399 --> 00:10:56.039 very many people that thought Donald Trump was going to 208 00:10:56.080 --> 00:10:58.679 win all of the swing states that a lot of 209 00:10:58.720 --> 00:11:01.440 people thought he was going to win. But with three 210 00:11:01.519 --> 00:11:04.799 hundred and twenty electoral votes and a majority, that's a 211 00:11:04.840 --> 00:11:07.960 pretty powerful win. And so, you know, I think the 212 00:11:07.960 --> 00:11:10.440 people who have had enough of us, you know, woke 213 00:11:10.720 --> 00:11:13.399 nonsense where you know you're gonna go out and pretend 214 00:11:13.480 --> 00:11:17.279 that's not a guy when it plainly is. And then 215 00:11:17.320 --> 00:11:20.000 you're watching stuff like the Olympics where you've got a 216 00:11:20.120 --> 00:11:22.519 man beating up a woman in boxing. I mean, that's 217 00:11:22.519 --> 00:11:25.840 not sport, that's just crazy. And you know, it goes 218 00:11:25.879 --> 00:11:29.240 back to a couple State of the Union addresses ago. 219 00:11:29.480 --> 00:11:31.759 Joe Biden gave a State of the Union and Sarah 220 00:11:31.799 --> 00:11:35.600 Huckabee Sanders, the governor of Arkansas, gave the Republican rebuttal, 221 00:11:35.639 --> 00:11:38.200 and she said, the dividing line isn't Republican versus Democrat, 222 00:11:38.600 --> 00:11:42.000 it's normal versus crazy. And I think that's a big 223 00:11:42.080 --> 00:11:44.399 theme of Donald Trump's executive orders, is that we're just 224 00:11:44.399 --> 00:11:45.480 restoring common sense. 225 00:11:46.039 --> 00:11:48.360 Amen to that, We'll pause, bring Congress Mom Warren Davidson 226 00:11:48.360 --> 00:11:51.559 back to talk about well Digital Currency, executive order and 227 00:11:51.799 --> 00:11:55.519 what is the big brother Ovary Jact More with Congressman Davidson. 228 00:11:55.559 --> 00:11:57.960 Quick word for my friends at Foreign Exchange, your premier 229 00:11:58.080 --> 00:12:01.679 European and Asian port automotive specialists. You want to take 230 00:12:01.679 --> 00:12:03.639 your car to Foreign Exchange because you want to save money. 231 00:12:03.679 --> 00:12:05.919 They charge less than the dealer, and you think that 232 00:12:06.000 --> 00:12:09.759 might mean well, poorer service maybe for mechanics that aren't 233 00:12:09.840 --> 00:12:14.200 highly trained. 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Do you have mostly sunny 251 00:13:01.879 --> 00:13:03.759 day to day with the high twenty five clouds over 252 00:13:03.840 --> 00:13:06.080 night fourteen for the low thirty eight to high tomorrow 253 00:13:06.080 --> 00:13:09.039 with clouds body over nine twenty seven Sunday it's going 254 00:13:09.039 --> 00:13:11.080 to be mostly cloudy also with a higher thirty five. 255 00:13:11.159 --> 00:13:13.120 Right now it's twelve degrees in time for traffic. 256 00:13:13.679 --> 00:13:15.840 From the UC Holt Traffic Center. At you see healthy 257 00:13:15.879 --> 00:13:18.559 op fine, comprehensive care. That's so personal it makes your 258 00:13:18.600 --> 00:13:22.559 best tomorrow possible. That's boundless care for better outcomes. Expect 259 00:13:22.600 --> 00:13:25.600 more at U see out dot com. South Bend seventy 260 00:13:25.600 --> 00:13:28.039 five is doing fine through Lachlan, but slowing a bit 261 00:13:28.120 --> 00:13:30.759 near Western Avenue thanks to have broken down in the 262 00:13:30.840 --> 00:13:34.720 weft vane. Southbound two seventy five continues slow onto the 263 00:13:34.759 --> 00:13:38.080 Carroll Cropper Bridge from the Lawrence Park Ramp chuck Ingram 264 00:13:38.120 --> 00:13:40.799 on fifty five kre see the talk station. 265 00:13:43.799 --> 00:13:46.120 Seven twenty one Think about KRCU talks day ed Brian 266 00:13:46.159 --> 00:13:50.639 Thomas with Congressman Warren Davidson moving over to the Trump 267 00:13:50.639 --> 00:13:54.360 executive order on digital assets. What's your reaction to that one, 268 00:13:54.360 --> 00:13:57.279 Congressman Davidson, I am so excited. 269 00:13:57.360 --> 00:14:00.519 Look, central bank digital currency is one of the big 270 00:14:00.559 --> 00:14:02.879 things there. He banned it, said we're not going to 271 00:14:02.960 --> 00:14:04.840 do anything with it, and no part of the federal 272 00:14:04.840 --> 00:14:07.519 government is either. The reality is the Federal Reserve has 273 00:14:07.559 --> 00:14:10.720 been working to build a central bank digital currency. They've 274 00:14:10.720 --> 00:14:14.600 acknowledged they don't have the legal authority to implement it yet. 275 00:14:14.639 --> 00:14:17.440 But sort of like the Empire in Star Wars was 276 00:14:17.480 --> 00:14:21.720 building the Death Star. You know, they just promise we 277 00:14:21.759 --> 00:14:24.240 won't turn it on. We don't want you to build it, 278 00:14:24.279 --> 00:14:26.240 we don't need to design it, quit working on it. 279 00:14:26.679 --> 00:14:29.399 And I think that alone is a huge executive order. 280 00:14:29.759 --> 00:14:32.399 But you know, digital assets were targeted by you know, 281 00:14:32.480 --> 00:14:35.759 Joe Biden. Elizabeth warrens the ring leader of all this stuff, 282 00:14:36.120 --> 00:14:39.200 and her front man was Shared Brown. Shared Brown was 283 00:14:39.279 --> 00:14:43.759 leading this war on crypto innovation, financial innovation in America, 284 00:14:44.320 --> 00:14:47.879 in driving capital out of our country. So Bernie Marino 285 00:14:47.960 --> 00:14:50.840 defeated share Brown. Elizabeth Warren had to spend a lot 286 00:14:50.879 --> 00:14:54.000 of money in a tough race there in Massachusetts. If 287 00:14:54.000 --> 00:14:56.960 they weren't crazy in Massachusetts, she would have lost. But 288 00:14:57.919 --> 00:15:01.000 now Donald Trump has righted that fire a number of 289 00:15:01.000 --> 00:15:05.279 people already and issued executive orders that come along with it. 290 00:15:05.320 --> 00:15:08.120 It's going to cut up. They were debanking companies just 291 00:15:08.159 --> 00:15:10.919 because they were in crypto, and not that they were 292 00:15:10.960 --> 00:15:15.799 doing illegal things. They were selectively prosecuting and targeting companies, 293 00:15:16.200 --> 00:15:19.120 all designed to scare capital out of the space, and 294 00:15:19.200 --> 00:15:19.879 it was working. 295 00:15:20.080 --> 00:15:21.600 And so that's like that operation. 296 00:15:21.720 --> 00:15:23.879 The industry has been targeted in a bad way. So 297 00:15:24.240 --> 00:15:25.240 what good good news? 298 00:15:25.320 --> 00:15:28.080 That's like that Operation choke Point or chokehold that airic 299 00:15:28.080 --> 00:15:31.799 Holder did was targeting banks that did business with legal, 300 00:15:32.279 --> 00:15:36.519 lawful businesses like payday lenders or firearms manufacturers and threatening 301 00:15:36.559 --> 00:15:41.320 them with I guess audits, compliance audits if they didn't 302 00:15:41.360 --> 00:15:43.320 bend to the will of what aeric Holder was saying. 303 00:15:43.360 --> 00:15:44.840 That sounds like the same thing going on in other 304 00:15:44.879 --> 00:15:45.799 areas of government. 305 00:15:46.759 --> 00:15:49.039 Yeah, that's exactly it. I mean operation choke Point. I 306 00:15:49.039 --> 00:15:50.919 don't know what this two point zero or six point zero, 307 00:15:50.919 --> 00:15:55.480 but the government keeps using the financial institutions is leverage 308 00:15:55.919 --> 00:15:59.279 to go after political enemies. And you know one of 309 00:15:59.279 --> 00:16:03.360 the banks that that was put out of business, Barney 310 00:16:03.399 --> 00:16:07.279 Frank of the Dodd Frank Act, you know, far left, 311 00:16:07.399 --> 00:16:11.600 the Democrat, had gotten out of government, retired and was 312 00:16:11.639 --> 00:16:14.320 on the board of a bank, and he's like, there 313 00:16:14.360 --> 00:16:17.600 was nothing wrong with this bank. It wasn't insolvent. It 314 00:16:17.759 --> 00:16:21.559 just banked crypto and so they targeted it, basically debanked 315 00:16:21.600 --> 00:16:25.279 everybody there, pushed it up, wiped out the shareholders, and 316 00:16:25.320 --> 00:16:29.200 transferred that to another bank. Us the power of the 317 00:16:29.240 --> 00:16:33.080 regulatory bodies, and so it is an incredible abuse of 318 00:16:33.159 --> 00:16:37.000 power financial services. We will definitely be going after the 319 00:16:37.039 --> 00:16:38.679 people that webinize the government that way. 320 00:16:38.879 --> 00:16:42.279 Great, it should be unlawful on its face to do that. 321 00:16:42.360 --> 00:16:45.639 If the business is lawful and people are it's not 322 00:16:45.799 --> 00:16:48.519 illegal to engage in that type of activity. How is 323 00:16:48.519 --> 00:16:50.480 it that somebody in government can try to prevent someone 324 00:16:50.480 --> 00:16:53.799 from doing it? Anyway? Congressman Davidson, the what is the 325 00:16:53.840 --> 00:16:55.600 Big Brother Overreach Act. 326 00:16:57.240 --> 00:17:00.960 Well, there's a little agency called the fin Financial Crimes 327 00:17:01.039 --> 00:17:04.599 Enforcement Network FENCE in for short, and they're, you know, 328 00:17:04.640 --> 00:17:08.880 the hub of our financial intelligence but you don't normally 329 00:17:08.920 --> 00:17:11.880 have to file a report to them if you've got 330 00:17:11.880 --> 00:17:14.240 a small business. Now, if you've got twenty or fewer 331 00:17:14.319 --> 00:17:17.400 employees in a small business, you've got to file a 332 00:17:17.480 --> 00:17:21.400 report and to say who are the beneficial owners? And 333 00:17:21.640 --> 00:17:24.519 these aren't necessarily people that own anything. We had a 334 00:17:24.559 --> 00:17:26.960 guy say, hey, he's being told he has to file. 335 00:17:27.759 --> 00:17:31.680 He's a retiree who's managing a homeowners association. Yeah, and 336 00:17:31.720 --> 00:17:33.599 they told him he had to file. And he's like, well, 337 00:17:33.640 --> 00:17:36.559 I don't own the homeowners association or yeah, but you 338 00:17:36.640 --> 00:17:39.839 control the money of the homeowners association, so you have 339 00:17:39.920 --> 00:17:41.000 to file. That hit. 340 00:17:41.039 --> 00:17:42.839 My wife's the treasure of your. 341 00:17:42.759 --> 00:17:45.960 Law firms in Cincinnati, Columbus, around the around the country 342 00:17:45.960 --> 00:17:48.720 that are saying, we will not file these reports for 343 00:17:48.920 --> 00:17:53.640 you for your compor corporations because they face jail time 344 00:17:54.279 --> 00:17:57.359 if they have error, zero mission on the applications. It 345 00:17:57.440 --> 00:18:00.920 is a disastrous law. And so the Big Brother Overreach 346 00:18:00.960 --> 00:18:03.880 repeals this law it's called the Corporate Transparency Act and 347 00:18:04.039 --> 00:18:04.799 just gets rid of it. 348 00:18:05.119 --> 00:18:06.880 Yeah, that one hit my wife. She's the treasure of 349 00:18:06.880 --> 00:18:09.039 our homeowners association, so she was going to have to 350 00:18:09.039 --> 00:18:11.799 do all the paperwork related to that. I guess it 351 00:18:11.880 --> 00:18:16.039 was held up or the it was stopped in its tracks. 352 00:18:16.119 --> 00:18:18.519 Is that is that by way of a Trump executive order? 353 00:18:19.880 --> 00:18:22.119 No, not yet. We're trying to get the executive order 354 00:18:22.160 --> 00:18:26.119 to withdraw the rule, I gotcha, and pause it. But 355 00:18:26.160 --> 00:18:29.559 there was a court, I think the Area Circuit that 356 00:18:29.680 --> 00:18:32.839 put a put a nationwide injunction way right as the 357 00:18:32.920 --> 00:18:37.920 deadline was approaching. But just yesterday or day before, there 358 00:18:37.920 --> 00:18:41.240 was a Supreme Court decision to let that proceed, which 359 00:18:41.400 --> 00:18:45.119 essentially lifts the injunction. So we're trying to make sure 360 00:18:45.160 --> 00:18:49.640 that we don't cause more chaos with this just very 361 00:18:49.680 --> 00:18:52.880 badly crafted law in the first place, but the rule 362 00:18:52.960 --> 00:18:55.000 implementing it is an even worse train. Right. 363 00:18:55.440 --> 00:18:59.319 Well, and again going back to democratic opposition, are there democrats? 364 00:18:59.559 --> 00:19:02.480 There have to be Democrats that are with you and 365 00:19:02.599 --> 00:19:04.960 on board with what this will do and won't stand 366 00:19:05.079 --> 00:19:05.640 the way of it. 367 00:19:07.119 --> 00:19:08.839 Yeah. I mean this is one of those things like 368 00:19:09.039 --> 00:19:11.160 sort of like the Patriot Act. There are Republicans and 369 00:19:11.200 --> 00:19:13.680 Democrats that are for the Patriot Act, right, and there 370 00:19:13.680 --> 00:19:16.640 are Republicans and Democrats that are opposed to the Patriot Act. 371 00:19:17.960 --> 00:19:20.759 What happened is Democrats when they were in the majority, 372 00:19:22.039 --> 00:19:26.359 attached this bill to the National Defense Authorization Act. Donald 373 00:19:26.400 --> 00:19:29.559 Trump was president when it was signed, but it didn't 374 00:19:29.599 --> 00:19:33.119 really start to take effect until well into the Bide administration, 375 00:19:33.480 --> 00:19:36.720 and the agency wrote a rule on how to comply 376 00:19:36.839 --> 00:19:38.880 with the law. So the law to say that it 377 00:19:38.920 --> 00:19:42.720 had to be done gets passed by Congress, but then 378 00:19:42.799 --> 00:19:46.640 the mechanism of how to do it website set up 379 00:19:46.680 --> 00:19:49.359 the way you reply with the law. That was all 380 00:19:49.400 --> 00:19:52.559 done under the Bide administration. And that is even worse 381 00:19:52.559 --> 00:19:55.680 than the law mandating than did occur. But your Republicans 382 00:19:55.720 --> 00:20:00.039 broadly on the Committees of Jurisdiction here financial Services, the 383 00:20:00.200 --> 00:20:03.000 chairman french All and I were, you know, really the 384 00:20:03.079 --> 00:20:05.720 leaders on the fight to stop it, and we held 385 00:20:05.759 --> 00:20:08.480 it off for years because the agency wanted to do it. 386 00:20:09.039 --> 00:20:11.039 And first they put the monkey on the banks back 387 00:20:11.119 --> 00:20:14.319 and said, well, every bank has to disclose to us 388 00:20:14.400 --> 00:20:18.160 who owns everything under penalty of jail. And you know, 389 00:20:18.319 --> 00:20:21.160 well you can't do that as an agency. For one 390 00:20:21.240 --> 00:20:23.200 and two, you know, how are the banks going to 391 00:20:23.240 --> 00:20:25.960 know everything? Some companies don't even have a loan, They 392 00:20:26.000 --> 00:20:29.640 just want to open a bank account. And so they said, okay, well, 393 00:20:29.640 --> 00:20:31.960 we'll push it on businesses, and businesses you have to 394 00:20:32.000 --> 00:20:35.359 do this. So then the Chamber of Commerce lobbied and said, well, look, 395 00:20:35.400 --> 00:20:38.799 you to put this on the whole economy. And they said, okay, 396 00:20:38.839 --> 00:20:40.559 well just put it on the small businesses, and they 397 00:20:40.559 --> 00:20:43.799 didn't have a big enough voice by the National Federation 398 00:20:43.839 --> 00:20:47.039 or Independent Businesses has been a strong champion against this 399 00:20:47.680 --> 00:20:50.880 because now you get the smallestly sophisticated businesses in the 400 00:20:50.880 --> 00:20:55.519 country being mandated to do this stuff and they don't 401 00:20:55.519 --> 00:20:58.000