… going down and this could trigger now, you know, 20 other banks to go down and then that triggers the big one. Well, first of all, what do you do? I wasn't voting for all this deficit spending so I don't think we'd have the inflation we had. But you know, in that particular circumstance, let's go back 2008, 2009. What I would have done there is I would have said we're going to suspend this mark to market rule because it's destroying these banks for no reason. (26:35–26:39)
CLAIM
Asserts that Ron Johnson did not support deficit spending, which he believes contributed to current inflation.
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.
