Federal treasury officials have initiated a comprehensive data collection effort targeting private credit companies nationwide, according to a Wednesday report from Punchbowl News citing informed sources.
The Treasury Department’s inquiry seeks detailed information about how these financial firms operate and their connections to traditional regulated banking institutions, the publication reported.
Officials are specifically requesting data on recent business performance and existing partnerships with banks, insurance providers, and reinsurance companies, according to the sources.
Reuters has not been able to independently confirm these details about the Treasury’s outreach to private credit firms.
