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John Cornyn: “The Federal Reserve has tried to come to grips with the…”

Featuring: John Cornyn, Republican | U.S. Senate, Texas

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Texas Sen. John Cornyn locked in close polling with AG Ken Paxton and Rep. Wesley Hunt

Published | Video Starts at 07:04

And while it's better now, we've still seen all of those costs very high from the groceries, from the groceries to rent, the mortgage. And of course, The Federal Reserve has tried to come to grips with the inflation by making money tight and keeping interest rates high. My hope is that they begin to provide some relief later in the year that will help bring interest rates down and make it easier for people to afford the necessities of life and buy a car and a home and the like. (07:04–07:11)

CLAIM

Asserts that the Federal Reserve is addressing inflation by tightening money supply and maintaining high interest rates.

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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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