RE: https://journa.host/@sludge/117570537535124958
This is one of the last places there are still funds private equity hasn't raided.
"Private equity firms have been pushing for regulatory changes that would make it easier for employer retirement plans to include their investments. The industry would gain both a larger pool of money to invest and the fees it charges to manage the investments, plus a share of fund profits. Some progressive lawmakers and groups warn that the push could expose workers’ retirement savings to high fees and risky assets."
#uspol #401k #PrivateEquity #ChuckSchumer
NEW: Chuck Schumer is preparing to lead the Senate with a network of former aides lobbying for private equity—including two former policy chiefs and his top health adviser. Their clients include Blackstone, Apollo, and the industry’s top trade group.
https://readsludge.com/2026/11/06/the-private-equity-lobbyist-network-surrounding-chuck-schumer/
