Skip to content
Sign up to receive our free weekday morning edition, and you'll never miss a scoop.
Dozens of House Republicans are pleading with Jason Smith not to close the so-called carried interest “loophole.”

Dozens of House Republicans defend carried interest

News: Thirty-four House Republicans – including four committee chairs and a member of the GOP leadership – wrote a letter to House Ways and Means Committee Chair Jason Smith (R-Mo.), pleading with him not to close the so-called carried interest “loophole.”

The letter went out April 11 – nearly one month ago – but hasn’t been reported and has been kept under wraps.

Here’s part of the letter, obtained by Punchbowl News:

Subscripion logo

You're seeing a preview of our Premium coverage. Read the full story by subscribing here.

Presented by UL Standards & Engagement

E-bike fires are happening across the country, costing lives and forcing families out of their homes. The Senate can help stop these fires and protect Americans. The bipartisan Setting Consumer Standards for Lithium-Ion Batteries Act will keep uncertified batteries off the market, reducing the risk.

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.