[Pressure Mounts on U.S. Private Credit Industry as Treasury Initiates Data Collection to Mitigate Risks] Odaily Planet Daily News – Multiple informed sources have revealed that the U.S. Treasury Department has quietly begun requiring private credit firms to submit detailed information outlining their business models and connections to the regulated financial system. In recent weeks, the private credit industry has faced increasing pressure, unsettling investors and heightening concerns about systemic risks to the broader financial sector. The economic turmoil triggered by the Iran war has been a recent driving factor, but private credit has also been hit hard due to its exposure to the software industry and internal upheaval last fall. The Treasury's data request marks a new phase in the Trump administration's efforts to understand and contain potential damage from volatility in the private credit sector. A Treasury spokesperson stated that the department "regularly consults with market participants and financial regulators on private credit issues." It is reported that for months, Treasury officials have been holding one-on-one meetings with private credit leaders. According to two sources familiar with the process, the Treasury's Office of Capital Markets is now leading the information collection effort and has requested written responses. (Jin10)