There's been a little bit of a pushback from some Senate Republicans. Why do you think, Mr. President, he's the best person for the job? Well, he's very smart. He's a person who's got high integrity. He's done a phenomenal job at Fannie Mae, Freddie Mac. You know, you probably have a trillion dollars in value there. When he took over, it was much less. And I guess I'm responsible for that, too, because everybody wanted me to sell it in my first term for 10% of what it's worth right now. (36:48–36:56)
CLAIM
Asserts that Fannie Mae and Freddie Mac are valued at approximately a trillion dollars.
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.