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Howard Lutnick: “We cut 20%. I walked in the door here with 52,000 people in…”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Howard Lutnick: How America Can Hit 6% GDP Growth in 2026

Published | Video Starts at 05:25

We hear a lot about sort of this deep state, whatever that is, like this career lifers that sort of push Back on radical change. Well, look, in the beginning, We cut 20%. I walked in the door here with 52,000 people in this department, and now there's 40,000 people in this department. So the idea is if you're going to cut 12,000 people, you have to do it fast so that everybody understands the next shoe is not going to drop tomorrow and find where. (05:25–05:35)

CLAIM

Asserts that the department's workforce was reduced from 52,000 to 40,000 people.

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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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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