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Date
Summary
‘Why?!’ House Democrats Incredulous at Proposal to Rename Baby Savings Accounts to ‘Trump Trust’
Source
C-SPAN

Name: C-SPAN

URL: http://www.c-span.org/

, Mediaite

Name: Mediaite

URL: http://www.mediaite.com/

Show
Persons
Jim McGovern

Name: Jim McGovern

Employment: U.S. Congress

Position: Congressman

, Morgan Griffith

Name: Morgan Griffith

, Virginia Foxx

Name: Virginia Foxx

, Joe Neguse

Name: Joe Neguse

Employment: U.S. House of Representatives

Position: Member of Congress

, Mary Gay Scanlon

Name: Mary Gay Scanlon

Employment: U.S. House of Representatives

Position: Member of Congress

, Teresa Leger Fernández

Name: Teresa Leger Fernández

Employment: New Mexico

Position: Congresswoman

Event location
Uploaded
05/21/2025 10:53 pm
Owner
JBDiaz (staff)
Type
Video
Format
MP4 (960x720) Use clipper to adjust file type
Duration
0:03:20
Views
3
Purchases
0
Social views
0
Transcript
McGovern I m just ░░░░░░░░ to what does it ░░░░░░░░ to you know to ░░░░░░░░ MAGA and insert Trump ░░░░░░░░ s that about in ░░░░░░░░ manager s amendment GRIFFITH ░░░░░░░░ can answer that question ░░░░░░░░ Chair McGovern Yeah I ░░░░░░░░ I just this is ░░░░░░░░ you don t hand ░░░░░░░░ like this to people ░░░░░░░░ then rush into a ░░░░░░░░ But what s if ░░░░░░░░ could explain some of ░░░░░░░░ stuff that would be ░░░░░░░░ UNKNOWN Who was it ░░░░░░░░ explained to the McGovern ░░░░░░░░ Griffith GRIFFITH Sure If ░░░░░░░░ chairwoman wants me to ░░░░░░░░ I m gonna yield ░░░░░░░░ moment from my time ░░░░░░░░ FOXX I am happy ░░░░░░░░ recognize you Mr Griffith ░░░░░░░░ So all of that ░░░░░░░░ was in the original ░░░░░░░░ and they were creating ░░░░░░░░ new trust that you ░░░░░░░░ for a child born ░░░░░░░░ I think four or ░░░░░░░░ year period I don ░░░░░░░░ remember now if it ░░░░░░░░ a four year period ░░░░░░░░ a five year period ░░░░░░░░ could set up a ░░░░░░░░ there was all kinds ░░░░░░░░ rules about the qualifications ░░░░░░░░ the trustee had to ░░░░░░░░ a bank et cetera ░░░░░░░░ cetera and the name ░░░░░░░░ the trust originally was ░░░░░░░░ to be the MAGA ░░░░░░░░ that you set up ░░░░░░░░ the child and the ░░░░░░░░ was going to put ░░░░░░░░ I believe if I ░░░░░░░░ correctly it was 1 ░░░░░░░░ for each child where ░░░░░░░░ family set this up ░░░░░░░░ they were gonna call ░░░░░░░░ MAGA Trust McGovern Why ░░░░░░░░ name change GRIFFITH The ░░░░░░░░ was to change that ░░░░░░░░ Trump Trust McGovern Why ░░░░░░░░ FERNANDEZ The Cory Booker ░░░░░░░░ This was Cory Booker ░░░░░░░░ idea It s his ░░░░░░░░ bonds Now he was ░░░░░░░░ to call it baby ░░░░░░░░ Trump FOXX Can we ░░░░░░░░ this one person at ░░░░░░░░ time please Thank you ░░░░░░░░ you NEGUSE Thank you ░░░░░░░░ Griffith for that explanation ░░░░░░░░ s nice to have ░░░░░░░░ clarity and I suspect ░░░░░░░░ who might be watching ░░░░░░░░ can now understand To ░░░░░░░░ a finer point on ░░░░░░░░ the MAGA baby bonds ░░░░░░░░ now gonna be named ░░░░░░░░ Trump baby bonds That ░░░░░░░░ what Republicans have spent ░░░░░░░░ better part of the ░░░░░░░░ 24 hours negotiating at ░░░░░░░░ White House Apparently the ░░░░░░░░ got his way and ░░░░░░░░ new saving accounts will ░░░░░░░░ named in his honor ░░░░░░░░ all the talk of ░░░░░░░░ colleagues you know not ░░░░░░░░ him like a king ░░░░░░░░ sure seems like you ░░░░░░░░ attempting to do so ░░░░░░░░ never heard of you ░░░░░░░░ would be screaming bloody ░░░░░░░░ if we named savings ░░░░░░░░ after Barack Obama The ░░░░░░░░ trust accounts for your ░░░░░░░░ and your grandchildren Obama ░░░░░░░░ I would love to ░░░░░░░░ the reaction to that ░░░░░░░░ I will well I ░░░░░░░░ happy to yield back ░░░░░░░░ balance of my time ░░░░░░░░ the others want to ░░░░░░░░ on the amendment Thank ░░░░░░░░ Madam Chair FOXX Ms ░░░░░░░░ SCANLON Again just with ░░░░░░░░ to that instead of ░░░░░░░░ MAGA trust or the ░░░░░░░░ trust Why Don t ░░░░░░░░ call it the Trump ░░░░░░░░ savings It could be ░░░░░░░░ because I think the ░░░░░░░░ way you end up ░░░░░░░░ a stupid name like ░░░░░░░░ is if you have ░░░░░░░░ So let s call ░░░░░░░░ the Trump diaper savings ░░░░░░░░ Well you d need ░░░░░░░░ offer an amendment to ░░░░░░░░ that SCANLON Well I ░░░░░░░░ t believe it s ░░░░░░░░ it because it s ░░░░░░░░ going anywhere.”
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