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David McCormick: “The more governments involved, the more it opens us up to…”

Featuring: David McCormick, Republican | U.S. Senate, Pennsylvania

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Industry, Security, and Community: Senator David McCormick on the Nippon Steel–U.S. Steel Deal

Published | Video Starts at 25:42

And there may be cases where you're not entirely hands off from a free enterprise perspective, in my mind, all of those conditions should be narrow and limited. I think The more governments involved, the more it opens us up to crony capitalism. I think the more the government's involved, the more at risk, sort of undermining the tenets of free enterprise. And so that's how I would think about it. (25:42–25:47)

CLAIM

Asserts that increased government involvement in private enterprise increases the risk of crony capitalism.

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