Democratic Presidential Candidates Target Private Equity Funds, Warren Calls Them ‘Vampires’

Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-VT) (C) watch during the State of the Union address in the chamber of the U.S. House of Representatives in Washington, on Jan. 30, 2018. Alex Wong/Getty Images

WASHINGTON—Democratic presidential candidates Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) in recent weeks have stepped up their attacks on the private equity industry that supports millions of American jobs.

Warren on July 18 laid out a detailed plan on how to rein in the private equity industry, calling it “the poster child for financial firms that suck value out of the economy.”