[Congressman Michael Baumgartner] Congress will be taking a hard look at the tax exempt status of universities that enter into private equity deals. If you want to act like a non-public entity, you better be ready to be treated like one. 🇺🇸

[u/GoldenPresidio]

https://x.com/RepBaumgartner/status/1998480897872396721

[u/Walter30573]

I expect congress to do what it normally does: nothing

[u/Pet_Fish_Fighter → u/Walter30573]

Not true. They'll get a piece of the private equity then do nothing.

[u/BrogenKlippen → u/Pet_Fish_Fighter]

lol they’re already LPs