And the residents and families that were taken advantage of and then not paid what they were owed, they lose big time. What's happening with Genesis isn't just a one off, and it is a disaster. So I have a bill to make this kind of private equity play illegal. Let's get this done, because it's only right. (02:39–02:44)
CLAIM
Asserts that Elizabeth Warren has proposed legislation to prevent similar private equity actions.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.