… the ranking member said, starting with the fact that two of the three largest bank failures in American history happened under President Biden, not President Trump. Correct? Correct. Number two, Under President Biden, we saw devastation in household after household after household. He dug a big hole where the average family was losing at the end of his term, over $1,000 a month in spending power. Accurate? I would say workers suffered under policies championed by the Biden Warren economy, and. President Trump has had to fill that hole. (11:30–11:49)
CLAIM
Asserts that under President Biden, the average family lost over $1,000 a month in spending power.
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.
