World

Private equity's political problem

If Democrats gain full control of Congress next week, as many polls and prediction markets suggest they will, private equity could once again find itself in the political crosshairs. The big picture: Private equity has become a rhetorical punching bag for a number of Democratic House and Senate candidates, including in debates and on the stump, as an affordability bête noire. Most of this has related to housing, both single-family and mobile homes, but also has extended to health care. What they