Hi David,
Thank you so much for helping me.
I did what you said but it doesn't seem to be working. Maybe I should clarify what I'm hoping to do.
I want to select text anywhere, like in Safari or Pages or anywhere, and then have the hotkey open a new TextEdit document and paste the selected text into the new document using Paste and Match Style.
When I did what you said, nothing happened.
Here is what I have: