We have failed to step up and change the law to protect the delivery of health care system in America.
Elizabeth Warren
The Public Record
Elizabeth Ann Warren is an American attorney, academic, and politician serving as the senior United States senator from Massachusetts since 2013. A member of the Democratic Party, she has been a prominent advocate for consumer protection, economic equality, and corporate regulation. Warren gained national recognition for her work in establishing the Consumer Financial Protection Bureau and has focused on issues such as student debt relief and healthcare reform during her tenure in the Senate.
We need to keep the doors open. We need to protect workers. And we need to provide quality care for our communities.
The blame for this crisis falls squarely on the private equity firm that bought the hospitals and stripped their assets.
I am announcing a new agenda that provides for stronger oversight of corporate greed.
A broken health care promise could cause communities their lives and livelihoods.
When private equity gets hold of health care providers, it is literally a matter of life and death.
When private equity gets hold of health care providers, it is literally a matter of life and death.
So, Dr. Berwick, is there anything in the deal as reported so far that requires Steward to put that money back into the Massachusetts hospitals?
How do they think they are going to make tens of millions, hundreds of millions of dollars in return on their investment?
The Stop Wall Street Looting Act's joint liability provisions would create actual accountability for that kind of corporate profiteering.
It is called the Stop Wall Street Looting Act, and it is the most comprehensive legislation to fundamentally reform the private equity industry.
The blame for this crisis falls squarely on the private equity firm that bought the hospitals and stripped their assets.
We need these hospitals, and we need them to be open and functioning, and functioning at a high level.
Private equity should not be allowed to loot one business after another, and I have introduced the most comprehensive bill to overhaul the private equity industry.
We need to hold these executives accountable. We need to rein in private equity's influence over the health care system.
The Health Over Wealth Act would protect every patient and provider that private equity touches.
I will say it bluntly, turning private equity loose in our health care system kills people.
This is a prime example of the danger of private equity. The private equity firms walk away with hundreds of millions of dollars.
The potential collapse of Steward Healthcare threatens access to health care for communities all across our Commonwealth.
I think if it were beneficial for the hospitals or beneficial for the people of the Commonwealth, we would hear about all of those elements.
Private equity should not be allowed to loot one business after another, and I have introduced the most comprehensive bill to overhaul the private equity industry.





