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Private Equity Spends Heavily in 2024 Election [1]

['Chris Cumming']

Date: 2025-08

Control of the Senate and House of Representatives could change with next week’s elections, with potentially dramatic consequences for private equity, analysts say. Photo: Samuel Corum/Getty Images

The private-equity industry is nearing a political-spending record in the 2024 elections, hoping to change the tone in Washington after challenges from Biden administration regulators and progressive politicians.

Private-equity employees spent more than $231 million on 2024 races through Oct. 17, just a hair below the 2020 record of $236 million, according to OpenSecrets, which tracks money in politics.

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[1] Url: https://www.wsj.com/articles/private-equity-spends-heavily-in-2024-election-3b254038

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