Wearing a face mask to reduce the chance of transmission of the novel coronavirus, Sen. Elizabeth Warren (D-MA) arrives at the U.S. Capitol for a vote May 18, 2020 in Washington, DC. Chip Somodevilla | Getty Images Sen. Elizabeth Warren has written to the CEO of private equity lobbying group the American Investment Council demanding more information about the organization’s efforts related to the federal government’s multitrillion-dollar coronavirus relief law. In a letter to Andrew Maloney,...

Steven Mnuchin, Treasury secretary, listens during a House Appropriations Committee hearing on Capitol Hill in Washington, D.C., on Wednesday, March 11, 2020. Images Sarah Silbiger | Bloomberg via Getty Images Private equity firms are fretting that they may be excluded from a small business loan program established as part of the $2 trillion stimulus bill. But they have already taken note that they qualify for another key provision in the legislation: the “payroll tax holiday.” The CARES Act,...

Sen. Elizabeth Warren, D-Mass. Bill Clark | CQ Roll Call | Getty Images Democratic presidential candidate Sen. Elizabeth Warren took aim Thursday morning at the private equity industry, proposing new regulations for an industry that some have blamed for the spate of retail bankruptcies over the past few years. The attack was the latest shot at Big Business and its supporters since candidates Sen. Bernie Sanders, I-Vt., and Donald Trump whipped up populist fervor during the 2016 presidential...

John Schnatter is reaching out to private equity firms to discuss partnering to buy out Papa John's, sources tell CNBC. Schnatter was ousted from his chairman role earlier this year when racially charged comments he made on a conference call leaked to the press. Schnatter owns roughly 30 percent of Papa John's, but private equity firms are concerned about the reputation risk of partnering with him, the sources say. John Schnatter is having trouble letting go. The ousted founder of the Papa...

John Schnatter is having trouble letting go. The ousted founder of the Papa John's pizza chain has reached out to a number of private equity firms in recent weeks to discuss partnering in a bid to buy the company, sources familiar with the situation told CNBC. Schnatter, who already owns roughly 30 percent of Papa John's, is looking for capital to help support an offer, sources said. Several private equity firms have turned him down, though, concerned about the reputational risks inherent in...