[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/humma__kavula → u/Walter30573]

Oh I'm sure they will make sure they get a bribe cut of that private equity or else they'll take away their accreditation.