I'll be working very closely with Russ Vogt, omb, to, you know, I asked Russ, do we have any idea how much the federal government spends that's filtered through NGOs? He doesn't know because we don't track it. The St. Louis Fed, I think it is the one that tracks the assets of NGOs worldwide. You know what it is, you know what assets non governmental organizations have? $14.1 trillion trillion. I mean, that is economic power. And they don't necessarily use that 14 trillion to fund the, you know, the welfare. (22:57–23:03)
CLAIM
Asserts that the St. Louis Fed tracks the assets of NGOs worldwide.
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.
