The AIC New Member of Congress Report: How Private Equity Directly Supports Jobs & Businesses in the States and Districts of Over 70 New Members
WASHINGTON, D.C. – Today, the American Investment Council (AIC) released a new report highlighting how private equity investments support millions of jobs and thousands of businesses across the states and districts represented by newly elected members of the 119th Congress.
“The American Investment Council congratulates each newly elected Senator and Representative and welcomes them to Washington. Every new member of the House and the Senate has jobs and small businesses in their local community that are powered by private equity,” said AIC President and CEO Drew Maloney. “Our industry will invest over $3 trillion across America over the next five years — driving growth and innovation in every sector of the economy and supporting high paying jobs for workers and providing benefits for their families.”
While the 12 new Senators and 61 new members of the House of Representatives represent a diverse range of constituencies here in Washington, this new report provides jobs and investment data of private investment in each of their states and districts.
Click here to read the full report, including data on the newly elected members of Congress.
Additionally, the new AIC report includes a map that highlights popular companies on Capitol Hill and the surrounding neighborhoods that are stronger because of private equity.