Elizabeth Warren

So they take $400 million out while they are laying off people, shortchanging you on supplies.

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

One of the things that we often hear about from the private equity industry is that it is not in their interest to drive companies into bankruptcy.

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.

This is why I have introduced the Stop Wall Street Looting Act.

Everything they did was to profit them and to hurt the people, and they did not care.

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

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.

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.

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

America faces a retirement crisis, but the solution is not to squeeze employees more or to cut retail jobs and wages.

It is bad for communities when private equity firms buy up thousands of manufactured homes and the land that they sit on.

But this is cannibalism. It is not capitalism.

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

We need to get the facts on the table about what private equity firms are doing to our economy and to our communities.

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.

Private equity does not belong in health care.

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

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.

More than $150 billion a year is lost by these top earners. And that is exactly why Congress is considering a simple new third-party reporting requirement.

The Democrats are fighting for tax reforms that will help ensure that the very rich and giant corporations start paying their fair share.

The wealthy get their money in other ways, and mostly the IRS does not get any information, no third-party reporting, to keep them honest.

More than $150 billion a year is lost by these top earners.

This proposal would help unrig our tax system just a little bit, making sure that the wealthy have to pay the taxes they owe, just like everyone else does.