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Ted Cruz: “I've expressed very real concerns. I don't like the…”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

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Donald Trump's New Deal: Ted Cruz Shares The Inside Scoop Trump Accounts

Published | Video Starts at 30:09

The Trump administration has been very vocal about wanting to take equity stakes of companies. So for example, they took an equity stake of Intel. They're talking about wanting an equity stake of OpenAI. 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. (30:09–30:15)

CLAIM

Asserts personal opposition to government ownership of company shares.

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