Tag: Stop Wall Street Looting Act

Economy, Washington

Warren’s Attack on Private Equity Industry Isn’t Just Bad for Wall Street, It’s Bad for Main Street

Politico reports that progressive Democrats are set to “crack down” on the private equity industry, with Sen. Elizabeth Warren, D-Mass., likely to reintroduce her 2019 Stop Wall Street Looting Act. Warren has said: “For far too long, Washington has looked the other way while private equity firms take over companies, load them with debt, strip them of their wealth, … Continue reading Warren’s Attack on Private Equity Industry Isn’t Just Bad for Wall Street, It’s Bad for Main Street