Harvard

Warren Pushes to Tax, Regulate Investments That Enriched Her

Senator's private equity plan would hurt retirees, universities

Democratic presidential candidate Elizabeth Warren's plan to crack down on the private equity industry would place stringent regulations on a source of funds that helped enrich her as a law professor at Harvard. The plan, which would heavily tax and regular private equity firms to stop what Warren has called Wall Street's "legalized looting," could also end up hurting her former Harvard colleagues and Massachusetts retirees.