Finance, Foreign Relations Committees Introduce U.S.-Taiwan Tax Legislation
Washington, D.C.–U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Ron Wyden (D-Oregon), with U.S. Senate Foreign Relations Committee Chairman Jim Risch (R-Idaho) and Ranking Member Jeanne Shaheen (D-New Hampshire), introduced legislation to provide expedited double-tax relief on U.S.-Taiwan cross-border investment and to authorize the President to negotiate a tax agreement with Taiwan […]
Senate Finance Republicans Commend President Trump’s Repudiation of OECD Global Tax Code
Washington, D.C.–U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) and all Senate Finance Republicans praised President Trump’s executive order articulating steps the Trump Administration is taking to end the Biden Administration and Organization for Economic Co-operation and Development’s (OECD) global tax overreach. “Bypassing Congress, the Biden Administration collaborated with the OECD on a global tax […]
Crapo Announces HHS Secretary Nomination Hearing
***MEDIA ADVISORY*** Washington, D.C.–U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) will hold a nomination hearing on Wednesday, January 29, at 10:00AM to consider Robert F. Kennedy Jr. to be Secretary of the U.S. Department of Health and Human Services. Title: Hearing to consider the nomination of Robert F. Kennedy Jr. to be Health […]
Finance Committee Advances Treasury Secretary Nominee
Washington, D.C.–The Senate Finance Committee today advanced the nomination of Scott Bessent to serve as U.S. Treasury Secretary by a bipartisan vote of 16-11. Following the vote, Chairman Mike Crapo (R-Idaho) issued the following statement: “When it comes to Mr. Bessent’s qualifications, there’s no room for debate—his decades of academic, professional and leadership experience make […]
Crapo Statement at Executive Session to Vote on Treasury Secretary Nominee
Washington, D.C.–U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) delivered the following remarks at an executive session to vote on the nomination of Scott Bessent to be Secretary of the Treasury. As prepared for delivery: “We meet today to vote on the nomination of Scott Bessent to be Secretary of the Treasury. “Mr. Bessent has […]
Crapo Announces Executive Session to Consider Treasury Secretary Nomination
***MEDIA ADVISORY*** Washington, D.C.–U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) today announced the Committee will mark up the nomination of Scott Bessent to serve as U.S. Treasury Secretary during an executive session on Tuesday, January 21, 2025, at 10:15AM ET. Title: Executive Session to Consider Treasury Secretary Nomination Hearing Details: Tuesday, January […]
Crapo: Bessent Exceptionally Qualified to be Treasury Secretary
Washington, D.C.–At the nomination hearing of Scott Bessent to be Secretary of the U.S. Department of the Treasury, U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) praised Mr. Bessent’s exceptional qualifications to lead the agency and reaffirmed his commitment for a swift confirmation. At the conclusion of the hearing, Crapo said, “When it comes to […]
Crapo Statement at Treasury Secretary Nomination Hearing
Washington, D.C.–U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) delivered the following remarks at a hearing to consider the nomination of Scott Bessent to be Secretary of the Treasury. As prepared for delivery: “Before we begin, let me extend a welcome to our new Finance Committee Members: Senators Marshall, Luján, Sanders, Smith, Warnock and Welch. […]
Crapo, Wyden, Bipartisan Senators Call on President Biden to Stop Rushing Trade Negotiations Behind Closed Doors
Washington, D.C.–U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Ron Wyden (D-Oregon) led a bipartisan group of senators calling on the Biden Administration to direct United States Trade Representative (USTR) Katherine Tai to cease secret negotiations with foreign trading partners. The USTR is attempting to change at least three major trade agreements […]
Crapo Announces Finance Committee Staff for the 119th Congress
Washington, D.C.–U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) has announced the Republican staff members of the Committee for the 119th Congress. “These experienced, dedicated individuals will be essential in developing a strong policy agenda that strengthens our economy, expands access to affordable, high-quality health care and unlocks global markets for American businesses,” said […]