The proposed acquisition of Discover by Capital One would create the sixth-largest bank in the United States, with $624 billion in domestic assets. This transaction fails to meet the public interest conditions under the Bank Merger Act that directs banking regulators to reject mergers, like the Capital One-Discover transaction, that fail to further the convenience […]
The proposed Capital One takeover of Discover would create a mammoth bank that would undermine competition, raise prices, and harm consumers. The merger would create the biggest credit card lender — holding nearly one-third of credit card loans to consumers with non-prime credit scores — and put Capital One in a position to use its market power […]
New report highlights stark discrepancy between Brookfield’s reported emissions and its actual carbon footprint. The post News Release: Report Exposes Brookfield Corporation’s Fossil Fuel Investments and Emissions Reality appeared first on Americans for Financial Reform. The full report is available here.
New report highlights how private equity behemoth, Kohlberg Kravis Roberts & Co. has put money into fossil fuel projects that run decidedly counter to its preferred public image of a good steward of the Earth. The post News Release: Report Outlines KKR’s Harm to Frontline Communities As it Continues to Center a Fossil Fuel Strategy […]
Private equity investment firms have quietly bought up close to 700 predominantly fossil fuel-fired electric power plants, making these Wall Street investment houses major greenhouse gas emitters. The post Report: Private Equity Ownership of U.S. Power Plants: A Hidden Climate Threat appeared first on Americans for Financial Reform.
Private equity has had a disastrous impact on the retail industry, driving dozens of firms into bankruptcy, shutting down tens of thousands of stores, and costing hundreds of thousands of jobs nationwide.
Private equity firms have bought up thousands of nursing homes across the country, lowering the quality of care and harming residents.
Private equity firms have driven much of the rise in surprise billing that threatens the financial stability of vulnerable patients as well as families’ health and peace of mind.
View or download a PDF version here. The carried interest tax loophole is an income tax avoidance scheme that allows private equity and hedge fund executives — some of the richest people in the world — to substantially lower the amount they pay in taxes. The carried interest loophole allows private equity barons to claim […]
AFREF published a fact sheet about deregulation at the Powell Fed. The post Fact Sheet: Deregulation at the Powell Fed appeared first on Americans for Financial Reform.