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Ted Cruz: “More than the Commission returned during the entire Biden…”

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

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Sen. Ted Cruz Chairs Commerce Committee Hearing on FTC Oversight

Published | Video Starts at 00:41

Thank you both for being here today. Let me begin by congratulating Chairman Ferguson. In just one year, the FTC has returned more than $3.2 billion in ill gotten gains to consumers. More than the Commission returned during the entire Biden administration. More in one year than the Biden administration did in four. And just this morning, the FTC is filing a settlement with major advertising firms that had effectively colluded to boycott conservative news sites. (00:41–00:46)

CLAIM

Asserts that the FTC returned more money in one year than during the entire Biden administration.

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.


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