President Donald Trump picked an odd political moment to remove guardrails from the private equity industry. A July poll commissioned by Americans for Financial Reform found that a 65 percent majority agreed with the statement, “We need guard rails for Wall Street firms like private equity because otherwise they maximize short term profits for themselves, cut jobs, and reduce the quality of products and services.” There was surprisingly little partisan difference on this point. A 59 percent majority of Republicans agreed with a 78 percent majority of Democrats. READ MORE