PolitiQuote

Discover video-sourced quotes by politicians

Steve Witkoff: “You're going to see banks not finance that sector anymore.”

Featuring: Steve Witkoff, Republican | U.S. Special Envoy to the Middle East | National

Watch on YouTube

Steve Witkoff on Real Estate, Vision and Building Cities That Shape the Future | ABF Miami 2025

Published | Video Starts at 04:28

But I think you see a lot of these people who are voting for people like Mandami and they think it's just a bunch of rich people losing their money. 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. (04:28–04:31)

CLAIM

Asserts that banks will stop financing the rent-stabilized housing sector.

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.


Steve Witkoff

Discover more from

Steve Witkoff

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.