How Private Equity Is Destroying Working-Class Communities—With Lawmakers’ Help

While private equity profits soar, lawmakers invested in the industry hinder reforms, leaving workers and communities to bear the cost.

Private equity (PE) firms have rapidly amassed immense wealth by taking control of industries essential to the working class—like healthcare, housing, and manufacturing. But this accumulation of wealth is only one side of the story. Behind the scenes, many U.S. lawmakers—both Republicans and Democrats—are personally invested in these private equity vent…