It is bad for workers and bad for consumers when local retailers, or even large chains, are bought out by private equity.
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.
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.
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.
Private equity executives make off with massive short-term gains and they leave workers, consumers, communities, and ordinary investors with pretty much nothing to show for it.
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 students when private equity firms buy up for-profit colleges.
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 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.
My Stop Wall Street Looting Act would require private equity funds to clearly disclose their fees and returns.
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.
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.
I rise today to express concern about a culture of corruption among top officials at the Federal Reserve. Officials at the Federal Reserve are entrusted to make decisions that affect the global economy and touch the lives of every person…
I wish they had been interested 5 years ago, or 10 years ago, when it might have made a real difference
the same military leaders who have basically been wrong about Afghanistan for nearly 20 years now, wanted to leave troops in Afghanistan but leave them there forever
the military designed the withdrawal, and executed the withdrawal, they were given every resource and every bit of support that they asked for
I agree it is time to have a sanctions policy that does not make it more difficult for the Afghan people to have a chance to rebuild.
I believe that President Biden made exactly the right decision to withdraw from Afghanistan
the continued removal of American Indian, Alaska Native, and Native Hawaiian children from their families and Native communities under modern-day assimilation practices
We`re still working on it. You know, I think of it this way. We`ve got 50 Republicans who`ve said no, they don`t want any part of this. But we`ve got 50 Democrats who are all in their own boats trying to row in the same direction.
our financial institutions need to be built around meeting consumers' needs, not taking advantage of them
The good thing about this big package is how many different ways we attack the climate crisis.





