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Ted Cruz: “The Department of Treasury has increased the protections…”

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

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China Buys Up U.S. Farmland & Alvin Bragg Releases Anti-Israel Protestors | Verdict Ep. 203

Published | Video Starts at 09:47

… I wrote a letter to then Treasury Secretary Steven Mnuchin calling on the Treasury Department to step in and put more protections in place. And I'll tell you, since then, The Department of Treasury has increased the protections against foreign adversaries, acquiring real estate for both Laughlin Air Force Base and Lackland Air Force Base in San Antonio. So we've made some progress. But here's another group of investors, the Fufeng Group, which is a Shandong China based company that specializes in flavor enhancers and sugar substitutes, purchased … (09:47–09:59)

CLAIM

Asserts that the Treasury Department has enhanced protections against foreign real estate acquisitions near specific military bases.

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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.

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