Tammy Baldwin: “Private equity is not set up to deliver really important…”

“I never hear sexy in policy. Usually the same, but transparency. So for example, we have private equity now buying up healthcare systems and sort of having controlling influence there. Private equity is not set up to deliver really important life saving care to individuals. Private equity is there to suck the profits out of things. Right. I'm sorry, I'm a little crass here. No, no, it does.” (21:43–21:50)

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.