Subcommittee Hearing

Protecting Companies and Communities from Private Equity Abuse

Economic Policy Date:   Wednesday, October 20, 2021 Time:   02:00 PM Location:   Dirksen Senate Office Building 538

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THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS SUBCOMMITTEE ON ECONOMIC POLICY will meet in OPEN SESSION, HYBRID FORMAT to conduct a hearing entitled, “Protecting Companies and Communities from Private Equity Abuse.” The witnesses will be: Ms. Shirley Smith, former Sales Manager at Art Van Furniture and Leader with United for Respect; Ms. Peggy Malone, Registered Nurse, Crozer-Chester Medical Center; The Honorable Michael Frerichs, Illinois State Treasurer; Dr. Eileen Appelbaum, Co-Director, Center for Economic and Policy Research; Dr. Doug Holtz-Eakin, President, American Action Forum; and Mr. David R. Burton, Senior Fellow in Economic Policy, Roe Institute for Economic Policy Studies, Institute for Economic Freedom and Opportunity, The Heritage Foundation.

Pursuant to guidance from the CDC and OAP, Senate office buildings are not open to the public other than official business visitors and credentialed press at this time. Accordingly, in-person visitors cannot be accommodated at this briefing. We encourage the public to utilize the Committee’s livestream of the hearing, available on the website at http://www.banking.senate.gov.

All hearings are webcast live and will not be available until the hearing starts. Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact the committee clerk at 202-224-7391 at least three business days in advance of the hearing date.

Witnesses

  1. Ms. Shirley Smith
    Former Sales Manager at Art Van Furniture and Leader with United for Respect
  2. Ms. Peggy Malone
    Registered Nurse
    Crozer-Chester Medical Center
  3. The Honorable Michael Frerichs
    Illinois State Treasurer
  4. Dr. Eileen Appelbaum
    Co-Director
    Center for Economic and Policy Research
  5. Dr. Doug Holtz-Eakin
    President
    American Action Forum
  6. Mr. David R. Burton
    Senior Fellow in Economic Policy
    Roe Institute for Economic Policy Studies, Institute for Economic Freedom and Opportunity, The Heritage Foundation