Senate Banking panel to hold hearing on private equity firms, manufacturing capacity

The role of private equity firms and U.S. manufacturing capacity will be the topic of a Senate panel hearing Thursday. 

The hearing will focus on "short-termism" in financial markets and how to create public policies to reward long-term economic growth, the Senate Banking Subcommittee on Economic Policy announced late Thursday evening.

Witnesses include James Rogers, president and CEO, Duke Energy; Damon Silvers, director of public policy and special counsel, AFL-CIO; Judith Samuelson, executive director, Aspen Institute Business and Society Program; and J.W. Verret, assistant professor of law, George Mason University School of Law.