TELL CONGRESS: Private equity firms have gone too far. Their exploitative
practices are devastating to workers, consumers, and our communities.
Congress must rein in this out-of-control industry. Sign the petition:
Stand up to private equity, pass the Stop Wall Street Looting Act!
[ [link removed] ]ADD YOUR NAME
Hi,
Private equity firms are gutting our economy. They burden businesses with
devastating debt, strip away vital assets, and walk off with massive
profits. Workers, consumers, and communities pay the price.
That’s why Senator Elizabeth Warren has introduced a comprehensive bill to
rein in private equity’s abuses, the Stop Wall Street Looting Act. This
landmark bill would hold private equity firms accountable for their
actions, protect employee wages and pensions during bankruptcies, end
harmful financial practices, and enhance transparency.^1
Wall Street is mobilizing to oppose this bill, and we need a powerful
grassroots movement to push Congress to take action.
[ [link removed] ]Sign the petition: It’s time to stand up to private equity! Pass the
Stop Wall Street Looting Act.
ADD YOUR NAME
The toll of private equity's exploitative practices is staggering:
thriving companies forced into bankruptcy, hundreds of thousands of jobs
vanishing, and essential community services like hospitals and nursing
homes being dismantled. All the while, a handful of Wall Street executives
pocket enormous profits.
The Stop Wall Street Looting Act would hold private equity firms
accountable by capping excessive dividends and closing tax loopholes,
while also bolstering labor laws to protect workers' rights. Additionally,
it strengthens oversight and transparency within the private equity
industry, which has long operated in the shadows.
This is a vital opportunity to rein in Wall Street's abusive tactics and
build an economy that serves everyone.
[ [link removed] ]Sign the petition: Tell Congress to stop Wall Street’s looting of the
American economy!
Thanks for taking action,
Joey and the team at Demand Progress
[ [link removed] ]DONATE
Sources:
1. Senator Elizabeth Warren, “Warren, Lawmakers Renew Legislative Push to
Stop Private Equity Looting” [ [link removed] ]October 10, 2024.
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