National security shouldn't be subject to the whims of Wall street or crazy ideas of shareholder primacy. Public money shouldn't bankroll stock buybacks. It doesn't have to be this way. We should once again ban buybacks that used to be illegal and should be again. And we need smarter industrial policy to break up these monopolies so we've got real competition in the defense industry. I yield back. (01:04–01:09)
CLAIM
Asserts that stock buybacks should be banned as they were in the past.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
