Private Equity Regulation Becomes Biden Administration Focus – Bloomberg

Private equity could use a few friends in Washington.

While buyout firms have been busy protecting their lucrative carried interest fee structure in Congress, Biden administration securities, antitrust and broadcast TV regulators have quietly been undermining the industry’s business model by proposing tough rules, slow-walking deals and scrutinizing acquisitions that would consolidate industries or result in job losses.

Source: Private Equity Regulation Becomes Biden Administration Focus – Bloomberg