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Marjorie Taylor Greene said she found the situation in a building that was “basically empty” and questioned whether members of Congress own real estate and rent to the federal government in Washington, DC. She claimed the answer was “Yeah,” and argued this should have been the beginning of addressing corruption. She emphasized she would be different and would be on the front end, aiming to eliminate corruption that has infiltrated committee systems. She acknowledged politics’ current back-and-forth dynamics but said the goal is to reduce that tension and focus on reform. Speaker 1 asked Greene, as Doge chairman, to continue the work on what appears to be a massive scandal: big federal buildings owned by members of Congress and leased back to the federal government—private buildings owned by members of Congress leased to the government—describing it as “the snake eating its tail” and “the tip of the iceberg.” Greene described the broader problem as a frustration with the system and warned against a “shotgun approach,” saying they must not be neutralized and must focus on a few targets. She identified the first focus as the IRS, noting that the big complaint with the IRS, besides “stealing your money,” is that you can’t ever reach them and that their technology is not intermingled. Speaker 1 referenced Greene’s statements about government duplication. Greene said she found through government duplication a chart that “my staff has uncovered basically over a trillion dollars of just simple duplication within these departments that nobody is willing to tackle.” She reiterated the plan to tackle this issue, even if it’s not “sexy,” and to “tackle it,” showing it to the American public, with the hope they will back efforts when changing the structure of government. Greene reiterated that the aim is to focus on a few issues, start with IRS problems, and address the broader duplication and inefficiencies uncovered by her staff. She expressed a determination to reveal these findings to the public and pursue structural changes in government.

The Treasury's main payment system, PAM, handles about $5 trillion a year, roughly a billion dollars an hour. When we first looked at it, payments could be processed with no categorization or description – basically, untraceable blank checks. If this were a public company, it would be delisted, and the executives would be in jail. We recommended making payment categorization codes mandatory with some explanation required for each payment. This radical change is being implemented now, and I think it probably saves $100 billion a year. Where was that money going? It's hard to say what was waste and what was fraud. If the government sends money to someone who doesn't deserve it, is that waste, or fraud?

At the Capitol, we witnessed the hacking of outdated election machines, which are used in many states. This raises concerns as only three companies control these machines, making them vulnerable to hacking. Researchers have discovered serious security flaws, including backdoors, in voting machines used by 43% of American voters. These companies refuse to answer questions about their cybersecurity practices, and the larger companies avoid answering any questions altogether. Additionally, five states lack a paper trail, making it impossible to verify the legitimacy of the voting machine results. This undermines the notion of cybersecurity in our elections.

We've discovered $2.7 trillion in improper payments to Medicare, Medicaid, and overseas recipients who shouldn't have received them. This is just one example of the fraud, waste, and abuse we're identifying daily. Elon Musk highlighted Social Security payments being made to deceased individuals, which is clearly fraudulent. We're also finding contracts where, for instance, a million dollars was allocated, but only $500,000 was actually spent. Where did the remaining funds go? These are the issues we're addressing daily. This is exactly what President Trump promised to do during his campaign, and we are delivering on that promise.

Transnational fraud rings, terrorist organizations, and even nation-states like North Korea are being funded with our tax dollars. During the pandemic, a trillion dollars was stolen, with 70% going overseas. For example, one state had more unemployment claims than adults, and Romanian thieves used stolen funds for fentanyl and to undermine our democracy. While most public servants are honest, insider threats exist. Data and technology are crucial to identify them. Recently, in a Western state, criminals stole $50 million from Medicaid in under four months. These aren't individual acts; they're organized criminal groups, both domestic and transnational. Controls must be in place.

We demonstrated how easily election machines can be hacked, raising concerns about the limited number of companies controlling voting technology. 43% of American voters use machines with security flaws, and some states lack a paper trail to verify results. The lack of transparency in cybersecurity practices is alarming.

The federal government uses only one bank account, the treasury general account, to disperse all monies. There is allegedly $500 billion of fraud every year, and hundreds of billions of dollars in improper payments. The consolidated financial report produced by the treasury cannot pass an audit due to material weakness. Until recently, the federal government could not pass an audit because it lacked necessary payment information, such as payment codes, explanations, and contact information. Previously, over 580 agencies could make payments without verification, and the treasury would send them out as fast as possible. This is likened to a household where many people can access the bank account and disperse funds without justification or verification.

Governments lack the incentive to adapt and improve because they can't fail like private sector organizations. The technology revolution has transformed private sector organizations, but government organizations have not fully adapted. Government financial systems are decades old. It is claimed that $2.3 trillion in transactions cannot be tracked. Information cannot be shared within a single building because it's stored on dozens of different, inaccessible, and incompatible technological systems.

Our financial systems are antiquated. We're unable to track trillions of dollars in transactions. Information sharing is severely limited by outdated and incompatible technological systems.

Speaker 0 recounts discovering a secret SCIF on campus, a secure facility with files nobody knew existed. An employee walked by a door, inquiries were made, the room was entered, and individuals were found working there with secret files on controversial topics. Those files have been turned over to attorneys and the speaker is pursuing what happened. The speaker notes that Customs and Border Protection (CBP) knows every traveler entering the country and every good that comes in, and they assess and collect tariffs. They highlight that information about travelers during COVID was with national labs under the speaker’s jurisdiction, and that scientists at those labs participated with the Wuhan lab. The speaker claims these scientists traveled back and forth between each other and worked on those experiments, describing this as eye-opening. Addressing Elon and his team, the speaker says they were extremely helpful since the speaker’s arrival in office, assisting in identifying a troubling issue: some of the speaker’s own department employees had downloaded software on the speaker’s phone and laptop to spy on them and record meetings. The speaker states that this had happened to several politicians and notes that bringing in technology experts helped reveal this software; without examining laptops and phones, the activity would still be ongoing. The speaker emphasizes a need to continue partnering with technology companies and experts to bring them in for assistance, as government work—especially within the department under the speaker’s jurisdiction—has been neglected and lagging behind what it should be. The speaker recalls that in the first four months, they couldn’t even email a PowerPoint from Department of Homeland Security servers if it was longer than six pages, illustrating what they view as backwards thinking that hindered national security. The speaker reflects on the concept of a deep state, admitting that they previously believed it existed but didn’t realize how severe it was. They describe daily efforts to uncover individuals who do not love America and who work within the Department and across the federal government. The overall message conveys uncovering secrecy, internal surveillance concerns, cross-agency connections involving CBP and national labs, collaboration with tech experts, and a strong critique of past departmental conduct and systemic protection failures.

I'll explain the difference between payment and settlement. Payment is when you use your Visa card at a restaurant, but settlement is when the money actually moves between accounts. Traditional systems like Swift separate payment and settlement due to historical reasons. These systems are outdated, dating back to the 1970s, and are in need of modernization. Even if blockchain and cryptocurrencies fail, the payment industry will still evolve.

I discovered that 20 million dead people are marked as alive in the social security database. Most fraud doesn't come directly from social security payments, but from disability, unemployment, and fake medical payments because these individuals are incorrectly marked as alive. We need to implement a simple "are you alive" check to prevent these fraudulent payments. This type of negligence would result in a public company being immediately delisted, and its executives imprisoned, but it's considered normal within the government. Therefore, I recommend that the Treasury and Federal Reserve make payment categorization codes mandatory, requiring an explanation for each payment, even if it's basic. This change would significantly improve the current system and potentially save hundreds of billions of dollars annually.

A basic search of the Social Security database revealed 20 million dead people marked as alive. While it's unclear if they're directly receiving Social Security payments, their "alive" status allows them to fraudulently obtain disability, unemployment, and fake medical payments. The fraud occurs because government databases don't communicate well. For example, the Treasury's main payments computer, PAM, handles $5 trillion in payments annually, roughly a billion dollars an hour. We discovered payments lacked categorization codes and descriptions, essentially untraceable blank checks. If a public company operated this way, it would be delisted, and executives would face imprisonment.

We can't track $2.3 trillion in transactions. That's two trillion, three hundred billion dollars.

The discussion centers on the main payments system, referred to as PAM, described as the “payments computer” and commonly called PAM by everyone. PAM is responsible for almost $5,000,000,000,000 in payments per year, which equates to roughly a billion dollars every hour. The speakers indicate that, upon their arrival, they observed what they describe as a severe lack of payment metadata: payments could be processed with no payment categorization code and no description, effectively creating payments that were “untraceable blank checks.” The speakers contrast this situation with how such conduct would be viewed in the private sector, stating that if this were a public company, the company would be immediately delisted and the executive team would be thrown in prison. They emphasize that, in the context they are discussing, this kind of exposure is considered normal within the government. The overall point is that the payments system operates with extremely little traceability or descriptive data attached to transactions, creating a scenario they characterize as highly problematic and unacceptable in the private sector but commonplace in the government.

Transnational fraud rings, terrorist organizations, and even nation-states are being funded by taxpayer dollars. During the pandemic, one trillion dollars was stolen, with 70% going overseas. For example, in one Western state, unemployment insurance applications exceeded the number of adults. Romanian criminals used stolen funds to facilitate fraud schemes involving fentanyl and attempts to undermine our democracy. While 99% of public sector employees are honest, some exploit the system. Data and technology are crucial to identifying these individuals. Recent examples include a breach of a Medicaid system in a Western state, resulting in $50 million stolen in under four months. These aren't individual thieves, but organized criminal groups, both domestic and transnational.

Our financial systems are outdated, making it difficult to track trillions of dollars in transactions. Additionally, the lack of compatibility between different technological systems prevents us from sharing information within this building.

Transnational fraud rings, terrorist organizations, and even nation-states are being funded with taxpayer dollars. During the pandemic, one trillion dollars was stolen, with 70% going overseas. For example, one state had more unemployment claims than adults. Romanian criminals used stolen funds for fentanyl and to undermine our democracy. While most public servants are honest, some exploit the system. In one recent case, individuals stole $50 million from Medicaid in under four months. These aren't individual thefts, but organized criminal groups, both domestic and transnational, that we need data and technology to stop.

According to estimates, an enormous amount of $2.3 trillion in transactions cannot be tracked. This staggering figure highlights the difficulty in monitoring such a vast sum of money.

Our government needs new incentives for bureaucracy to adapt and improve since they can't fail like individuals can. The technology revolution has changed private organizations, but our government is lagging behind. Our financial systems are outdated, unable to track trillions of dollars in transactions, and information sharing is hindered by incompatible technological systems.

We're streamlining the federal bureaucracy, aiming to reduce the workforce. We found a surprising bottleneck: the retirement process. Currently, the maximum number of retirements per month is capped at 10,000 due to a completely manual, paper-based system. The paperwork is stored in a 1950s-era limestone mine, and the speed of the mine shaft elevator limits processing. This antiquated system employs thousands of people whose efforts could be far better utilized elsewhere. The situation is absurd; we need to modernize this process immediately. Imagine the increased efficiency and contribution to the country's goods and services if these employees were redeployed.

Our financial systems are outdated, hindering our progress. It is estimated that $2.3 trillion in transactions cannot be tracked. Additionally, we face challenges in sharing information within this building due to incompatible and inaccessible technological systems.

A lot of Americans' money has been stolen through fraud and improper payments. In one of my first hearings, we discovered criminals using social security numbers of dead people or people over 115 years old to get small business loans and steal money from federal programs. We need to work to fix these issues in our legislation, budgets, and appropriations. This is a bipartisan issue; we're addressing money being fraudulently used and stolen. The American people are being robbed blind through improper payments, fraud, and outdated systems. Some federal agencies hire third-party vendors to hold data instead of communicating within the government. We are currently $36 trillion in debt, and we can't afford to keep losing money this way.

We've found some odd things, like bureaucrats with modest salaries somehow accumulating millions while in their positions. It makes you wonder where that money comes from. It seems taxpayers are footing the bill for this wealth. Basic controls that any company would have are missing at Treasury, like payment categorization codes or comments explaining payments. The "do not pay" list, meant for terrorists and fraudsters, takes up to a year to get on and isn't even used. Departments fail audits because of these missing controls. It boils down to complaint minimization. Approving all payments avoids complaints, even from fraudsters. But we need to complain when money is misspent and demand taxpayer dollars are used wisely. It's just common sense. We even see people claiming Social Security who are 50 years old!

Governments need to find incentives for bureaucracy to adapt and improve, unlike individuals or businesses that can fail and die. The technology revolution has transformed organizations in the private sector, but not the government. Our financial systems are outdated, with an estimated $2.3 trillion in untrackable transactions. Additionally, information cannot be shared within this building due to incompatible and inaccessible technological systems.