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American Action Forum Issues Commentary: Private Credit - What's the Fuss?
January 22, 2026
WASHINGTON, Jan. 22 -- The American Action Forum issued the following commentary on Jan. 21, 2026:

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Private Credit: What's the Fuss?

By Fred Ashton

Executive Summary

* The U.S. private credit market - which refers to debt or debt securities that are not publicly issued or traded - has expanded rapidly in recent years with the asset class surpassing $1.7 trillion as of June 2023, a 10-fold increase since 2007.

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