Ted Cruz: “Howard Lutnick, the Secretary of Commerce, was the one who…”

“And there were differences of opinions within the administration on that. So the secretary of transportation, Sean Duffy, was vocally arguing against that, saying, that's a bad idea. Howard Lutnick, the Secretary of Commerce, was the one who was advocating [the bailout]. this idea. I publicly came out against it. I came out loudly. I sent a tweet a little over a week ago that said the following, quote, this is an absolutely terrible idea.” (23:16–23:21)

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.