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The Independent UK
The Independent UK
Brendan Rascius

Senator launches investigation into soaring childcare prices and if Wall Street is to blame

A senator has opened an investigation into the country’s two largest child care companies that are controlled by private equity — as families grapple with rising prices.

On Tuesday, Oregon Democrat Jeff Merkley sent letters to KinderCare Learning Companies and Learning Care Group, in addition to their respective owners, requesting detailed information about how the Wall Street-backed firms operate.

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