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Frank Lucas: “President Trump responded by urging Congress to provide…”

Featuring: Frank Lucas, Republican | U.S. House Oklahoma, District 3

We Must Hold Faith in Financial Markets: Rep. Frank Lucas

Published April 7, 2025 | Video Starts at 01:53

How do you quantify what's about to happen here to local business? Well, if you look at four years ago, when we had the first taste of the trade wars, President Trump responded by urging Congress to provide additional assistance to farmers to weather the storm [of trade wars]. And he also negotiated a deal four years ago with the Chinese to buy an additional $50 billion in U.S. agricultural products. (01:53–02:05)

CLAIM

Asserts that President Trump urged Congress to assist farmers during trade wars.

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.

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Frank Lucas

“80% of the cotton we raise in this country plus is exported.”
We Must Hold Faith in Financial Markets: Rep. Frank Lucas | Uploaded April 7, 2025 | 00:35-00:39
“40% of the winter wheat we raise in this country is exported.”
We Must Hold Faith in Financial Markets: Rep. Frank Lucas | Uploaded April 7, 2025 | 00:38-00:43
“All the hogs we raise in northwest Oklahoma get on ships to go to Asia.”
We Must Hold Faith in Financial Markets: Rep. Frank Lucas | Uploaded April 7, 2025 | 00:42-00:47
“He [President Trump] also negotiated a deal four years ago with the Chinese to buy an additional $50 billion in U.S. agricultural products.”
We Must Hold Faith in Financial Markets: Rep. Frank Lucas | Uploaded April 7, 2025 | 02:04-02:12
“The president says he's had inquiries from 50 different countries wanting to address the tariff issues.”
We Must Hold Faith in Financial Markets: Rep. Frank Lucas | Uploaded April 7, 2025 | 02:33-02:39
“The House needs to pass the budget resolution that the Senate has passed with our separate instructions so that we can get on with…”
We Must Hold Faith in Financial Markets: Rep. Frank Lucas | Uploaded April 7, 2025 | 04:30-04:39
“I have faith in Chairman Powell and the entire board of governors of the Federal Reserve System.”
We Must Hold Faith in Financial Markets: Rep. Frank Lucas | Uploaded April 7, 2025 | 05:27-05:33
“Our next hearing this week will address U.S. treasury debt in the monetary system.”
We Must Hold Faith in Financial Markets: Rep. Frank Lucas | Uploaded April 7, 2025 | 05:50-05:56
“The Biden administration's overstimulating the economy with spending four years ago [is causing current economic challenges].”
We Must Hold Faith in Financial Markets: Rep. Frank Lucas | Uploaded April 7, 2025 | 07:01-07:10
“We in the House Republican Conference have to show forward momentum [to address current economic challenges].”
We Must Hold Faith in Financial Markets: Rep. Frank Lucas | Uploaded April 7, 2025 | 08:00-08:13
“We cannot go home for Easter until we've addressed the budget resolution.”
We Must Hold Faith in Financial Markets: Rep. Frank Lucas | Uploaded April 7, 2025 | 08:38-08:42