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MAXINE WATERS: This is a
new way, and it's a new day,

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and it's a new chair, and I
have the gavel at this point.

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I think what I thought
I originally heard

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was 5:30 rather than 5:15.

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So is it possible you can
give us another 15 minutes

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to get to these members?

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STEVEN MNUCHIN: No, I have
a foreign leader waiting

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in my office at 5:30, OK.

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I agreed to stay longer.

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It will be embarrassing if
I keep this person waiting

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for a long period of time.

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I wasn't going to have
a press conference.

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I was going to have
a short press gaggle.

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I'm not going to do that.

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And I've assured you, I'm happy
to come back here and answer

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more of your questions.

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I respect the committee, and
we want to have a good working

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relationship with you.

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So I hope you'll understand
I'm already going

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to be late to my 5:30 meeting.

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MAXINE WATERS: I do understand.

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We are late on the
time, unfortunately.

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We are all pressed for
time, and I do get it.

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However, I think I indicated
early on that we would request

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or require that you
come back at least two

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more times in the month of May.

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Is that something
you're agreeing to?

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STEVEN MNUCHIN: No, Madam
Chair, I find this to be-- you

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know, I have here every single
time Jack Lew and other people

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came here.

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There's never been anybody
that's been here more

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than 3 hours and 15 minutes.

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I've sat here for over
3 hours and 15 minutes.

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I've told you I'll come back.

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I just don't believe
we're sitting here

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negotiating when I come back.

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We'll follow up
with your office.

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How long would you like me
to come back for next time?

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I've told you I'll
accommodate you.

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MAXINE WATERS: I
appreciate that,

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and I appreciate
your reminding us

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of the length of time other
secretaries have been here.

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This is a new way, and it's a
new day, and it's a new chair,

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and I have the
gavel at this point.

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If you wish to leave, you may.

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STEVEN MNUCHIN: Can you
clarify that for me?

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MAXINE WATERS: Yes, clarify.

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Is this--

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STEVEN MNUCHIN: So--

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MAXINE WATERS: If you
wish to leave, you may.

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STEVEN MNUCHIN: OK,
so we're dismissed.

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Is that correct?

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MAXINE WATERS: If you wish
to leave, you may leave.

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STEVEN MNUCHIN: I don't
understand what you're saying.

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MAXINE WATERS: You're
wasting your time.

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Remember, you have a foreign
dignitary in your office.

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STEVEN MNUCHIN: I would just
say that the previous admin--

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previous-- when
the Republicans--

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they did not treat the secretary
of the treasury this way.

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So if this is the way
you want to treat me,

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then I'll rethink
whether I voluntarily

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come back here to testify,
which I've offered to do.

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MAXINE WATERS: Mr.
Secretary, I want

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you to know that no other
secretary has ever told us

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the day before that they were
going to limit their time

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in the way that you're doing.

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So if you want to
use them as examples,

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you have acted differently
than they have acted.

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And as I have said, if you
wish to leave, you may.

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STEVEN MNUCHIN: If you'd wish
to keep me here so that I don't

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have my important meeting
and continue to grill me,

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then we can do that.

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I will cancel my meeting,
and I will not be back here.

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I will be very clear
if that's the way you'd

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like to have this relationship.

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MAXINE WATERS: Thank you.

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The gentleman, the secretary
has agreed to stay to hear

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all of the rest of the members.

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Please cancel--

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STEVEN MNUCHIN: OK, so just
let's be clear to the press--

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MAXINE WATERS: --your
meeting and respect our time.

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Who is next on the list?

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STEVEN MNUCHIN: --I am
cancelling my foreign meeting.

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You're instructing me to stay
here, and I should cancel.

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MAXINE WATERS: No, you
just made me an offer.

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STEVEN MNUCHIN: No, I
didn't make you an offer.

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MAXINE WATERS: You made me
an offer that I accepted.

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STEVEN MNUCHIN: I did
not make an offer.

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Just let's be clear.
MAXINE WATERS: Well--

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STEVEN MNUCHIN:
You're instructing me.

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You are ordering
me to stay here.

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MAXINE WATERS: No,
I'm not ordering you.

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I'm responding.

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I said you may leave
any time you want.

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And you said, OK.

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If that's what you want to
do, I'll cancel my appointment

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and I'll stay here.

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So I'm responding
to your request.

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If that's what you want to do--

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STEVEN MNUCHIN: That's
not what I want to do.

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I told you--

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MAXINE WATERS: What
would you like to do?

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STEVEN MNUCHIN:
What I've told you

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is I thought it was respectful
that you'd let me leave

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at 5:15, which is the current--

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MAXINE WATERS: You are free
to leave anytime you want.

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STEVEN MNUCHIN:
--period of time.

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MAXINE WATERS: You may go--

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STEVEN MNUCHIN: OK,
well then please--

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MAXINE WATERS:
--any time you want.

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STEVEN MNUCHIN: Please
dismiss everybody.

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I believe you're supposed
take the gravel and bang it.

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That's the appropriate.

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MAXINE WATERS: Please do
not instruct me as to how

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I am to conduct this committee.

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Please, gentlelady, the
time belongs to the chair.

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Who's next?

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The gentlewoman from
Pennsylvania, Ms. Dean,

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is recognized for five minutes.

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