(Reuters) - The hearing comes as Congress focuses on an industry that
has amassed vast wealth in recent years and that some lawmakers
think should pay higher taxes.
Steel said the size and scope of private pools of capital
merit "appropriate attention" given potential risks to
investors and the possibility that a financial failure at one
company could trigger a series of collapses that would
undermine the entire financial system.
Read more at Reuters.com Government Filings News
has amassed vast wealth in recent years and that some lawmakers
think should pay higher taxes.
Steel said the size and scope of private pools of capital
merit "appropriate attention" given potential risks to
investors and the possibility that a financial failure at one
company could trigger a series of collapses that would
undermine the entire financial system.
Read more at Reuters.com Government Filings News
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