How does abandoning efforts to provide billions of dollars in financial remedies and just turning this agency into a net cost consumer, how does that help consumers? How does that help America? We cut the agency in half and returned $400 million that we didn't need to draw from the treasury, from the Federal Reserve. Sir, you understand that the United States economy actually has a private sector. When you take $3 from consumers to save a dollar in the federal government. I'll give you a second. (03:29–03:35)
CLAIM
Asserts that the agency was reduced by half and $400 million was returned to the treasury.
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.