Limit how much money private equity firms can extract from portfolio companies and close loopholes used to hide assets from bankruptcy courts.

End Looting of Portfolio Companies. To give portfolio companies a shot at success, the bill limits how much money private equity firms can extract from companies and closes the loophole that private equity firms have used to hide certain assets from bankruptcy courts.

The bill would restrict value extraction from portfolio companies and close bankruptcy asset-hiding loopholes.

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

unverified · Source version 74254 · locator unknown

"used to hide certain assets from bankruptcy courts"

Unverified model/legacy excerpt; not proof. AI summary (separate from source): Within the 30-day lookback window, Warren and other lawmakers announced reintroduction of the Stop Wall Street Looting Act; the release describes the bill as addressing the bankruptcy-court loophole and limiting extraction from portfolio companies, but it is a reintroduction rather than enacted law.

unresolved later_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 92%

unverified · Source version 86791 · locator unknown

"which was referred to the Committee on Ways and Means"

Unverified model/legacy excerpt; not proof. AI summary (separate from source): GovInfo records the 119th Congress House companion as introduced and referred to committees on September 24, 2026, showing the latest concrete congressional action was committee referral, not enactment.

unresolved later_term A for effort

H.R. 10595 (IH) - Stop Wall Street Looting Act - BILLS-119hr10595ih | Content Details | GovInfo
secondary · model gpt-5.5 · confidence 90%

unverified · Source version 86785 · locator unknown

"for a 4-year period, make a capital distribution or similarly reduce the equity capital"

Unverified model/legacy excerpt; not proof. AI summary (separate from source): The introduced bill text contains anti-looting provisions that would restrict post-acquisition distributions and related extraction from target firms, indicating a substantive legislative attempt but not enacted delivery.

unresolved later_term A for effort

H. R. 10595 (Introduced-in-House)
secondary · model gpt-5.5 · confidence 88%

unverified · Source version 86793 · locator unknown

"which was read twice and referred to the Committee on Finance"

Unverified model/legacy excerpt; not proof. AI summary (separate from source): The prior 118th Congress Senate version was sponsored by Warren and referred to the Finance Committee, documenting earlier legislative effort that did not itself become enacted law.

unresolved later_term A for effort

S. 5333 (IS) - Stop Wall Street Looting Act - BILLS-118s5333is | Content Details | GovInfo
secondary · model gpt-5.5 · confidence 90%

unverified · Source version 86795 · locator unknown

"that legislation has not yet passed the Senate"

Unverified model/legacy excerpt; not proof. AI summary (separate from source): Warren’s official April 2025 letter stated that the Stop Wall Street Looting Act had not passed the Senate, supporting the unresolved status before the 2026 reintroduction.

unresolved later_term A for effort

letter_from_senator_warren_to_sycamore_on_walgreens_acquisition.pdf
secondary · model gpt-5.5 · confidence 86%