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Mike Johnson: “You've got a lot of young people and, well, people of all…”

Featuring: Mike Johnson, Republican | Speaker of the United States House of Representatives | National

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Speaker Johnson Joins Squawk Box

Published | Video Starts at 12:03

Yes, except that the sectors of the economy right now that are giving us the most concern is as the President's discussed, like with homeownership, you know, You've got a lot of young people and, well, people of all ages who are having a hard time getting into the real estate market because they can't afford the interest rates on a home. and it affects purchases of automobiles and all large ticket items. If you reduce that, I don't, I don't say slash interest rates, but do something that's meaningful to get that humming again because that, that, that will last or have a lasting effect. (12:03–12:12)

CLAIM

Asserts that high interest rates are preventing people from entering the real estate market.

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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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