![]() ![]() Senators Warren, Sherrod Brown (D-Ohio), and Bernie Sanders (I-Vt.) sent letters to two major private equity-owned commercial institutional review boards (IRBs), raising questions about whether for-profit IRBs are vulnerable to conflicts of interest that could inhibit their ability to protect research subjects, and whether the two companies are maintaining appropriate ethics standards. ![]() “These problems threaten the integrity of our elections and demonstrate the importance of election systems that are strong, durable, and not vulnerable to attack.” “(W)e have concerns about the spread and effect of private equity investment in many sectors of the economy, including the election technology industry - an integral part of our nation’s democratic process,” wrote the lawmakers in their letters to the firms. ![]() They also share little or no information regarding annual profits or executive compensation for their owners. These vendors make little to no information publicly available on how much money they dedicate to research and development, or to maintenance of their voting systems and technology. Private equity firms reportedly own or control each of these vendors, which “have long skimped on security in favor of convenience,” leaving voting systems across the country “prone to security problems.” The three vendors - Election Systems & Software, Dominion Voting Systems, and Hart InterCivic - collectively distribute voting machines and software that facilitate voting for over 90% of all eligible voters in the United States. elections at avoidable and increased risk. They request information about the role private equity investment in these companies have played in creating and perpetuating these conditions.Įlection security experts have noted for years that our nation’s election systems and infrastructure are under serious threat, but voting machines reportedly continue to fail and breakdown across the country, as vendors fail to innovate, improve, and protect voting systems, putting U.S. In their letters, the lawmakers raise concerns about vulnerabilities and a lack of transparency in the election technology industry and the poor condition of voting machines and other election technology equipment. Capital - that reportedly own or have investments in election technology vendors responsible for developing, manufacturing, and maintaining the vast majority of voting machines and software in the United States. 10, 2019 – United States Senator Elizabeth Warren (D-Mass.), member of the Senate Banking, Housing, and Urban Affairs Committee, Senator Amy Klobuchar (D-Minn.), Ranking Member of the Senate Rules Committee, Senator Ron Wyden (D-Ore.), Ranking Member of the Senate Finance Committee, and Representative Mark Pocan (D-Wis.), sent letters to three private equity firms - McCarthy Group, Staple Street Capital Group, and H.I.G. ![]()
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