Steve Witkoff: “When liquidity moves out of the system, that hurts…”

“That's not the really bad condition. The bad condition is you're going to see banks not finance that sector anymore. And When liquidity moves out of the system, that hurts everybody. People don't fix their properties up. That ultimately hurts the working class people who live there. And I grew up on working class housing. That's, that's where I started my business.” (04:31–04:35)

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.