Ted Cruz: “And I want to thank each of the witnesses for being here, for your testimony. I think this hearing was helpful and…”

Consultants should not be skimming hundreds of millions of dollars off a program intended to serve children.

“And to those listening – these accounts have been created for you, but please take the time to claim your child’s account so that their investments can start today.

“There is incredible momentum behind these accounts, and we are seeing more and more companies pledging to contribute to their employees’ accounts, which will only continue to help the next generation of Americans.

“When a young person turns 18 and looks at an account that has been growing alongside them their entire life, capitalism is no longer an abstract concept.