US Treasury seeks data from private credit firms

The U.S. Treasury Department has initiated a request for data from private credit firms, seeking information on their business models and connections to the regulated financial system. This move, reported by Punchbowl News, indicates a growing interest from the government in understanding the operations and systemic impact of the private credit sector. The Treasury's inquiry aims to gather crucial insights into this increasingly significant area of finance. Such data collection could inform future regulatory approaches and policy decisions concerning non-bank financial institutions.