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Kevin Hern: “This activity is distorting our judicial system and turning…”

Featuring: Kevin Hern, Republican | U.S. House Oklahoma, 1st Congressional District

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Hern Asks Sec. Bessent About Manufacturing Facility Expensing & Third Party Litigation Financing

Published | Video Starts at 04:40

And currently these financiers are claiming capital gains treatment and is and best highly questionable that unadjudicated claims of harm constitute capital assets. This activity is distorting our judicial system and turning our court system into a casino. And I really love for your team at the IRS to work with me and look into how we have this tax treatment of this practice. (04:40–04:46)

CLAIM

Asserts that third-party litigation financing is distorting the judicial system.

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Kevin Hern

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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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