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Doug Burgum: “Interior is the largest balance sheet in the world, which it…”

Featuring: Doug Burgum, Republican | U.S. Secretary of the Interior | National

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Published | Video Starts at 06:19

If Department of Interior, 500 million acres of land, 700 million acres of subsurface, you know, 2.5 billion of undersea offshore rich with critical minerals and oil and gas resources. So that's the balance sheet and we should be developing it responsibly because if Interior is the largest balance sheet in the world, which it is. and then you take a look at the revenue that's coming from those resources, it'll also be the worst performing hedge fund, private equity fund in the world because we're getting so little return for it. (06:19–06:24)

CLAIM

Asserts that the Department of Interior has the largest balance sheet globally.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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