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US Senators Warren and Banks are investigating rising fire engine prices and delivery delays, impacting public safety. Dozens of fire departments reported issues, including defective parts. The senators suspect private equity investment, specifically American Industrial Partners' acquisition of Rev Group, is contributing to the problem by prioritizing profit over public safety. Rev Group, which has a $4 billion order backlog, has raised prices and closed plants to increase profit margins.

Prepared by Christopher Adams and reviewed by editorial team.