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Mike Pence: “The federal government was going to take shares, so called…”

Featuring: Mike Pence, Conservative | Former Vice President of the United States | National

Mike Pence: What Conservatives Believe—And Why It Matters

Published June 15, 2026 | Video Starts at 25:32

We've Japan's one of our closest allies in the world and the ability to and to purchase U.S. steel and grow those jobs finally found a way to get it done. But when I heard that The federal government was going to take shares, so called golden shares in the New Deal with Nippon. Elizabeth Warren actually said of nationalization of business. She said, quote, it's in my book, she said, quote, donald Trump has come across an idea that I came up with years ago. (25:32–25:46)

CLAIM

Asserts that the federal government planned to take 'golden shares' in a deal with Nippon.

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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Mike Pence

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“Entitlement programs that represent 85% of federal spending and are driving a debt that really threatens our economic future for our kids.”
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“Carmel was named the best place in America to live.”
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“During the Trump Pence years, we granted more waivers to states on implementing federal policies, whether it's healthcare or labor, of any…”
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“For decades, really Back to the 1970s, the Republican Party has been defined by a commitment to a traditional conservative agenda of strong…”
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“The Democratic Party has been in many ways overtaken by the progressive left. Even the embrace of socialism and the, you know, the economic…”
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“Bernie Sanders really kind of won over his political party, and I think that's noteworthy.”
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“There's a new threat to that traditional conservative agenda, and that is the rise of the populist right that embraces protectionism…”
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“Price controls on pharmaceuticals and credit cards, nationalization of American businesses.”
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“Stops and starts on our support for Ukraine, after that, that brutal and unprovoked invasion by Russia.”
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“Americans really believe that government ought to live within its means.”
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“$40 trillion national debt is not going to be resolved unless we create the conditions of good faith and goodwill between the political…”
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“The rise of China, which I think is the greatest economic and strategic threat facing the United States.”
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“Less taxes, less regulation, more affordable American energy, educational choice and opportunities like we've led here in Indiana, all are a…”
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“Indiana is a magnet, has been for a while from Chicago because less taxes, a pro business environment, economic freedom really works, and…”
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“The Healthy Indiana plan that, that was launched by my predecessor, Mitch Daniels, but that, that we expanded to some 40,000 Hoosiers around…”
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“Indiana still has the model for Medicaid reform.”
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“I'm very proud of the record of the Trump Pence administration. What we did on the economy, what we did for security, what we did for…”
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“Once you take out the government jobs and government supported jobs, it's not that dramatic.”
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“We're still feeling the hangover in the economy of those broad based tariffs on friend and foe alike.”
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“Trade means jobs. What we make, what we grow, we sell to the world.”
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“Let's demand that [our trading partners] have reciprocal trading agreements with us.”
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“The Democratic Party's collapse into the progressive left and even embracing socialism.”
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“Elizabeth Warren actually said of nationalization of business, she said, quote, Donald Trump has come across an idea that I came up with…”
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“The populist right's departures from economic freedom, America's role as leader of the free world, even marginalized values like the right…”
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