And Tim Scott and I found a way to put that into law. That, in our view, meets the president's test, but absolutely will not reduce capital flowing into housing, which has been my top goal. Lower the cost of housing, make it more affordable, more accessible, encourage the banks to lend more that have been shut down since the global financial crisis in 2008. And this bill does that. And so I'm proud of the work that both chambers struggle through. For those of you who cover this every day, you know the back and forth between the House and Senate. (17:26–17:36)
CLAIM
Asserts that the bill aims to lower housing costs, increase affordability and accessibility, and encourage bank lending post-2008 crisis.
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.
