Discover video-sourced quotes by politicians

Russell Vought: “Inflation is largely a monetary phenomenon.”

Featuring: Russell Vought, Director, U.S. Office of Management and Budget | National

Full Interview: OMB Director Russell Vought on "Face the Nation"

Published July 27, 2025 | Video Starts at 01:25

And one of the things we saw with Powell is that one of the reasons he was so late was because he didn't understand that Inflation is largely a monetary phenomenon. He kept saying that inflation was transitory. He didn't tackle the problem, and now he's again too late. And you marry that with fiscal mismanagement at the Fed. (01:25–01:28)

CLAIM

Asserts that inflation is primarily caused by monetary factors.

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.

Discover more from

Russell Vought

“The NIH spent $2 million for injecting dogs with cocaine.”
Full Interview: OMB Director Russell Vought on "Face the Nation" | Uploaded July 27, 2025 | 06:13-06:20
“$75,000 for Harvard to study blowing lizards off of trees with leaf blowers.”
Full Interview: OMB Director Russell Vought on "Face the Nation" | Uploaded July 27, 2025 | 06:19-06:26
“The NIH was weaponized against the American people over the last several years with regard to funding gain of function research that caused…”
Full Interview: OMB Director Russell Vought on "Face the Nation" | Uploaded July 27, 2025 | 06:30-06:39
“For 200 years, presidents had the ability to spend less than the congressional appropriations.”
Full Interview: OMB Director Russell Vought on "Face the Nation" | Uploaded July 27, 2025 | 08:04-08:10
“We lost that ability in the 1970s.”
Full Interview: OMB Director Russell Vought on "Face the Nation" | Uploaded July 27, 2025 | 08:27-08:30
“Chairman Powell was very late in the Biden administration to raise rates.”
Full Interview: OMB Director Russell Vought on "Face the Nation" | Uploaded July 27, 2025 | 00:34-00:45
“The President has been very clear that all he's asking from the Fed is lower interest rates.”
Full Interview: OMB Director Russell Vought on "Face the Nation" | Uploaded July 27, 2025 | 02:29-02:35
“English language acquisition was flowing to the New York school public education system to go into illegal immigration advocacy…”
Full Interview: OMB Director Russell Vought on "Face the Nation" | Uploaded July 27, 2025 | 04:01-04:12
“Preschool development grants doesn't actually go to preschoolers. It goes to the curriculum for putting CRT into the school system.”
Full Interview: OMB Director Russell Vought on "Face the Nation" | Uploaded July 27, 2025 | 04:11-04:21
“We are looking to do rescissions package.”
Full Interview: OMB Director Russell Vought on "Face the Nation" | Uploaded July 27, 2025 | 05:15-05:18
“We certainly recognize that we have the ability and the executive tools to fund less than what Congress appropriated.”
Full Interview: OMB Director Russell Vought on "Face the Nation" | Uploaded July 27, 2025 | 07:29-07:38
“The president ran on restoring that funding authority to the presidency.”
Full Interview: OMB Director Russell Vought on "Face the Nation" | Uploaded July 27, 2025 | 08:29-08:34
“We're $37 trillion in debt market.”
Full Interview: OMB Director Russell Vought on "Face the Nation" | Uploaded July 27, 2025 | 09:58-10:01
“We actually need to reduce the deficit and have a dollar of cut, go to a dollar of deficit reduction.”
Full Interview: OMB Director Russell Vought on "Face the Nation" | Uploaded July 27, 2025 | 10:00-10:07
“The appropriations process is broken. It leads to omnibus bills.”
Full Interview: OMB Director Russell Vought on "Face the Nation" | Uploaded July 27, 2025 | 12:17-12:24