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Ron DeSantis: “Too big to fail doesn't work. It didn't work in 2008.”

Featuring: Ron DeSantis, Republican | Governor of Florida

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Governor DeSantis Hosts Roundtable on AI Policy at New College of Florida

Published | Video Starts at 43:16

This, that basically, I think what they're trying to do is they're trying to hardwire an environment where we can. Where some will say that these companies are too big to fail and the taxpayers have no choice. Well, Too big to fail doesn't work. It didn't work in 2008. It's caused a lot of problems with how the whole economy has developed ever since those bank bailouts and how the Fed has inflated. (43:16–43:21)

CLAIM

Asserts that the 'too big to fail' policy was ineffective in 2008.

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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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