I do not want to eliminate private equity, but I do want to fix it, and that is why I have introduced the Stop Wall Street Looting Act.

I lost my brother early in the pandemic, and he had no one with him except the nurses who showed up to hold his hand.

So this private equity company takes over this successful, profitable, I think you said 58-year-old company, saying they were going to make it more profitable.

Private equity does not belong in health care.

But this is cannibalism. It is not capitalism.

I would also like to submit a statement for the record from my friend, Senator Baldwin, who has been a fighter for the workers and the communities of Wisconsin.

I appreciate the academic perspective that is going on, and I very much appreciate the Treasurer joining us and telling us what it is like as an investor.

It is bad for students when private equity firms buy up for-profit colleges.

Private equity relies on a business model that pays managers to go after short-term profits, charging huge fees even as they destroy the long-term prospects of the businesses they buy.

It is bad for workers and bad for consumers when local retailers, or even large chains, are bought out by private equity.

for 15 years the typical private equity fund has failed to outperform the stock market, which sounds a lot like private equity has been fooling everyone for the past 15 years.

One death is one death too many.

teachers and firefighters are being asked to take money out of their retirements to pad the pockets of private equity billionaires, and they are not even getting the above-average market returns that they thought that they were paying for.

This is a standard play out of the private equity book.

This is wrong. Our tax system should not be creating incentives for bad business practices, and private equity firms should not be able to extract huge dividends while failing to fund employee pensions.

If private equity has skin in the game, maybe they will think twice about their actions.

private equity has worked out a business model that helps them get rich at the expense of workers

It's bad for seniors and their families when private equity firms buy up nursing homes and other health care providers.