Make private equity firms, their general partners, and insiders liable for the liabilities of companies they control, including debt, legal judgments, and pension obligations.

Elizabeth Warren · Massachusetts · Democratic

policy impact 0.82 specificity 0.90 extraction confidence 94%

Commitment kind: outcome. Promised action: not established. Promised outcome: Private equity firms, general partners, and insiders are liable for controlled companies' debts, judgments, and pension obligations.. Deadline: unknown; not assumed expired. Reintroduction of the Stop Wall Street Looting Act during Warren's current Senate term.

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Occurrences

Require Private Investment Funds to Have Skin in the Game . Private equity firms, the firm’s general partners, and their insiders will all be on the hook for the liabilities of companies under their control—including debt, legal judgments, and pension-related obligations—to better align the incentives of private equity firms and the companies they own.

The bill would make private equity firms and controlling insiders responsible for liabilities of companies they control.

Following Historic Progress Reining in Private Equity in Housing, Warren, Lawmakers Announce Reintroduction of Comprehensive Stop Wall Street Looting Act | United States Committee on Banking, Housing, and Urban Affairs
primary · press_release · model gpt-5.5

Evidence

verified · Source version 74254 · locator 2182

reintroduced the Stop Wall Street Looting Act

Fetched verbatim passage. AI summary (separate from source): Within the 30-day lookback window, Warren and other lawmakers reintroduced the bill addressing the commitment, showing renewed effort but not enactment.

unresolved same_term A for effort

Following Historic Progress Reining in Private Equity in Housing, Warren, Lawmakers Announce Reintroduction of Comprehensive Stop Wall Street Looting Act | United States Committee on Banking, Housing, and Urban Affairs
primary · model gpt-5.5 · confidence 94%

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unverified · Source version 86781 · locator unknown

shall be jointly and severally liable for all liabilities of each target firm

Unverified model/legacy excerpt; not proof. AI summary (separate from source): The bill text contains the core liability mechanism matching the promise, including joint and several liability for private funds and active-interest holders.

unresolved same_term A for effort

stop_wall_street_looting_act_bill_text.pdf
secondary · model gpt-5.5 · confidence 96%

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verified · Source version 74273 · locator 7332

including debt, legal judgments, and pension-related obligations

Fetched verbatim passage. AI summary (separate from source): The House companion announcement describes the same substantive promise: liability for controlled companies’ debts, judgments, and pension obligations.

unresolved same_term A for effort

Jayapal, Warren, Lawmakers Announce Reintroduction of Comprehensive Stop Wall Street Looting Act - Congresswoman Pramila Jayapal
secondary · model gpt-5.5 · confidence 94%

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unverified · Source version 74275 · locator unknown

Read twice and referred to the Committee on Finance.

Unverified model/legacy excerpt; not proof. AI summary (separate from source): The Senate bill was referred to committee, indicating it had not been enacted as of the current refresh and remains unresolved.

unresolved same_term A for effort

US SB5512 | 2025-2026 | 119th Congress
secondary · model gpt-5.5 · confidence 88%

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Assessments

Public state: unverified As of unknown · unverified · Source revision or retrieval eligibility changed; current packet requires reassessment.. Original AI recommendation (not independently established): unresolved. unknown

provider integrity · model deterministic · confidence 0%

Public state: pending As of 2026-09-30 · verified · . Original AI recommendation (not independently established): unresolved. unknown A for effort

The verified commitment is an outcome promise to make private equity firms, general partners, and insiders liable for controlled companies' debts, judgments, and pension obligations. Verified evidence shows Warren and lawmakers reintroduced the Stop Wall Street Looting Act, and the verified companion passage matches the promised liability categories. However, verified evidence only establishes reintroduction and bill substance, not enactment or achievement of the liability regime as of 2026-09-30. Because introduction is only an effort toward an outcome promise, the outcome remains unresolved.

provider codex_cli · model gpt-5.5 · confidence 90%