Private equity and other private funds control growing portions of the economy, including in areas crucial to all of our lives, like housing and care–typically increasing prices and decreasing quality. These billionaire factories repeatedly take advantage of loopholes and exemptions to funnel money to their executives at the expense of workers, patients, consumers, real economy businesses, and a sustainable planet. We can change the rules to stop their extremes of extraction.
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AFR In the News
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Trump Executive Order Would Let Wall Street Line Its Pockets with Retirement Savings
The Trump administration released an executive order that opens the door to private equity firms accessing the retirement savings of millions of families. This is a dangerous scheme that will rip off small investors, and it’s a major step in the private equity industry achieving its long-standing goal of peddling risky, high-fee offerings to small…
AFR In the News
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The Progressive Magazine: States Take the Lead in Reining in Private Equity’s Investment in Health Care
“It’s not an investment, but an extraction,” says Aditi Sen, managing director of research and campaigns for the Americans for Financial Reform, a coalition of groups advocating for a strong, stable, and ethical financial system. “The profit-seeking that is built into this model is really going to go after cost-cutting as the primary strategy for…
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The Times-Union: Lawmakers question leadership swap at company managing CDPAP home care program
Having Kapoor installed as the company’s CEO will give Linden more direct control over its financial decisions, said Aditi Sen, managing director of research and campaigns at Americans for Financial Reform, a group that advocates for tighter regulation of financial industries.
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In the News: Congress Sends President Bill That Will Deepen Poverty and Hurt Working Families
