Ted Cruz: “If the government is a major shareholder in companies, they…”

“I've expressed very real concerns. I don't like the government owning parts of companies. I think that is a very bad precedent. Your question, what happens when the Democrats take over? Look, If the government is a major shareholder in companies, they will use that power for bad ends. So I don't like that outcome. I'll tell you what I'm suggesting to President Trump, all right?” (30:20–30:27)

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.