Chairman's News

09.19.18

Hatch Announces Hearing on Impact of Tariffs on the U.S. Auto Industry

WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) today announced that the Finance Committee will convene a hearing on the impact of tariffs on the U.S. automotive industry. The hearing will take place on Wednesday, Sept. 26 at 10:30 a.m. in 215 Dirksen Senate Office Building. "As the administration continues to rely on tariffs to resolve trade issues, I am convening a hearing to consider the impact on the U.S. auto industry," Hatch said. "For a typical American family, a car… Continue Reading


09.18.18

Finance Committee Clears Treasury, HHS Nominations

WASHINGTON - The nominations of Michael Faulkender to be Treasury Assistant Secretary for Economic Policy and Elizabeth Darling to be Health and Human Services (HHS) Commissioner on Children, Youth, and Families today advanced out of the Finance Committee. Faulkender advanced by a vote 25-2 and Darling advanced unanimously. Senate Finance Committee Chairman Orrin Hatch (R-Utah) released the following statement: "I am pleased that the Finance Committee did its part to advance the nominations of… Continue Reading


09.18.18

Hatch Applauds Signing of Tariff Bill

Hatch Speaks on Senate Floor on Signing of Legislation to Support American Manufacturers WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) applauded the recent signing of H.R. 4318, the Miscellaneous Tariff Bill (MTB) Act of 2017. Hatch introduced this legislation along with Ranking Member Wyden (D-Ore.), House Ways and Means Chairman Kevin Brady (R-Texas) and Ranking Member Richard Neal (D-Mass.) earlier this year. "The Miscellaneous Tariff Bill was designed to help both im… Continue Reading


09.17.18

Hatch: Opioid Bill Includes Key Finance Committee Proposals

WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) today encouraged Senate passage of the Opioid Crisis Response Act. The package includes policies from the Helping to End Addiction and Lessen (HEAL) Substance Use Disorders Act of 2018, which Hatch introduced with Ranking Member Ron Wyden (D-Ore.) earlier this year and unanimously passed the Finance Committee in June. "Last year, more than 72,000 Americans died from a drug overdose. The majority of these overdoses involved pres… Continue Reading


09.12.18

Hatch Applauds Senate Confirmation of IRS Commissioner

WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) today applauded Senate confirmation of Charles Rettig to be the Internal Revenue Service (IRS) commissioner. Despite initially receiving high accolades on both sides of the aisle, Rettig's nomination stalled due to partisan objections regarding Treasury policies that did not involve the nominee. "With the biggest tax overhaul in a generation on the books, it's about time that the agency charged with administering our nation's t… Continue Reading


09.07.18

Hatch Encouraged Senate Will Vote on “The Opioid Crisis Response Act of 2018” Next Week

WASHINGTON - The Senate yesterday agreed to vote next week on the Opioid Crisis Response Act of 2018 - a bipartisan package of more than 70 proposals recommended to the full Senate by five committees: HELP, Finance, Judiciary, Commerce and Banking. "The fact that so many senators across so many committees were able to put aside political differences to reach an agreement on this legislation, especially given our current political environment, speaks to the seriousness and pervasiveness of opio… Continue Reading


09.06.18

Postponed: Hatch Announces Hearing for SSA Nominee

WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) today announced that he will convene a hearing to consider Gail Ennis to be Social Security Administration (SSA) Inspector General. The hearing will take place on Thursday, Sept. 13 at 2 p.m. in 215 Dirksen Senate Office Building. The following nominee is scheduled to testify: Gail Ennis to be Inspector General, Social Security Administration Who: Senate Finance Committee What: SSA Nominat… Continue Reading


08.30.18

Making the Case for Modernizing NAFTA

The United States, Canada and Mexico entered into the North American Free Trade Agreement (NAFTA) 25 years ago, creating the world's largest free trade area by linking 487 million people and totaling $21.4 trillion in gross domestic product (GDP). Since NAFTA was enacted, North American trade has increased significantly - from roughly $290 billion in 1993 to $1.1 trillion in 2016. All of this new trade has led to lower prices for American families, and new and better jobs for American workers - … Continue Reading


08.27.18

Hatch Statement on U.S.-Mexico NAFTA Deal

WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) today released a statement following the United States Trade Representative's (USTR) announcement that the United States and Mexico have reached a bilateral agreement on the North American Free Trade Agreement (NAFTA): "Today's announcement by the United States and Mexico is an important step toward modernizing NAFTA, the largest free trade zone in the world. Preserving and improving NAFTA will ensure that American families wil… Continue Reading


08.22.18

Hatch Opening Statement at Treasury, HHS Nominations Hearing

WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) today delivered the following opening statement at a hearing to consider Michael Faulkender to be Treasury Assistant Secretary for Economic Policy and Elizabeth Darling to be Health and Human Services (HHS) Commissioner on Children, Youth, and Families: This morning we are meeting to discuss the nominations of Michael Faulkender, to be Treasury Assistant Secretary for Economic Policy, and Elizabeth Darling, to be Commission… Continue Reading


08.16.18

Hatch Announces Hearing for Treasury, HHS Nominations

WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) today announced that he will convene a hearing to consider Michael Faulkender to be Treasury Assistant Secretary for Economic Policy and Elizabeth Darling to be Health and Human Services (HHS) Commissioner on Children, Youth, and Families. The hearing will take place on Wednesday, Aug. 22 at 10 a.m. in 215 Dirksen Senate Office Building. The following nominees are scheduled to testify: Michael Faulkender to be Treasury As… Continue Reading


08.16.18

Finance Committee Republicans Clarify Congressional Intent of Certain Provisions in New Tax Law

WASHINGTON - As the administration continues to implement the largest overhaul of the nation's tax code in more than three decades, Senate Finance Committee Chairman Orrin Hatch (R-Utah) today led Finance Committee Republicans in calling on U.S. Treasury Secretary Steven Mnuchin and Internal Revenue Service (IRS) Acting Commissioner David Kautter to issue guidance that is consistent with the congressional intent of H.R. 1 section 13204, qualified improvement property expensing; section 13302, th… Continue Reading


08.09.18

Hatch and Walden Call on OMB to Consider Economic Consequences of Proposed Drug Rebate Rule

WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) and House Energy and Commerce Committee Chairman Greg Walden (R-Ore.) today urged Office of Management and Budget (OMB) Director Mick Mulvaney to consider the full economic effects of a proposed Health and Human Services (HHS)/Office of Inspector General rule that would alter the use of rebates that are common in negotiations between drug manufacturers and pharmacy benefit managers. "While the details of the proposed rule are u… Continue Reading


08.08.18

Hatch Announces Updates to Finance Committee Communications Operation

WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) today announced a new communications team: Katie Niederee will take on a new role as the majority communications director, Nicole Hager will continue on as press secretary and Brigid Ueland will serve as press assistant. After nearly eight years, Communications Director Julia Lawless will be departing the committee staff. Lawless has worked for Hatch since he became the top Republican on the committee in 2011, first as press se… Continue Reading


08.01.18

Finance Committee Clears Treasury Nominations

WASHINGTON - The Senate Finance Committee today advanced the nominations of Justin Muzinich to be Deputy Secretary of the Treasury and Michael Desmond to be Chief Counsel for the Internal Revenue Service (IRS) and an Assistant General Counsel in the Department of the Treasury. "Now that pro-growth tax reform is on the books, it's essential that the Treasury Department and IRS are fully staffed and ready to roll out the new tax code," said Hatch. "Both Muzinich and Desmond have demonstrated that… Continue Reading

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