AOC laid out a devastating one-minute case against private equity in a House hearing — and blamed it for massive job losses

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'We're talking about reining in private equity, which is responsible for wiping out tens of thousands of jobs at Toys R Us alone,' Ocasio-Cortez said.

Democratic Rep. Alexandria Ocasio-Cortez of New York made a devastating case against the private equity sector on Tuesday, blaming it for massive job losses that have upended the lives of average Americans through the years and calling for tougher regulations. "We're talking about reining in private equity, which is responsible for wiping out tens of thousands of jobs at Toys R' Us alone," Ocasio-Cortez said.

Democratic Rep. Alexandria Ocasio-Cortez of New York made a devastating case against the private equity sector on Tuesday, blaming it for massive job losses that have upended the lives of average Americans through the years and calling for tougher regulations. "We're talking about reining in private equity, which is responsible for wiping out tens of thousands of jobs at Toys R' Us alone," Ocasio-Cortez said.

 

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