Crapo Statement at Nomination Hearing for the Secretary of Health and Human Services

WASHINGTON – U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the U.S. Senate Finance Committee, delivered the following remarks at a hearing to consider the nomination of Xavier Becerra to be Secretary of Health and Human Services.   The text of Ranking Member Crapo’s remarks, as prepared, is below.   “The Department of Human Health […]

Crapo Statement at Deputy Treasury Secretary Nomination Hearing

WASHINGTON – U.S. Senator Mike Crapo (R-Idaho), Ranking Member of the U.S. Senate Finance Committee, delivered the following remarks at a hearing to consider the nomination of Wally Adeyemo to serve as the Deputy Secretary of the Treasury.   The text of Chairman Crapo’s remarks, as prepared, is below.   “The Treasury Department leads and oversees […]

Crapo Announces Finance Committee Staff

WASHINGTON – U.S. Senate Finance Committee Ranking Member Mike Crapo (R-Idaho) has announced the Republican staff members of the Committee for the 117th Congress.   “I am proud of the highly-qualified, well-respected group of individuals we have assembled to serve the American people on the Finance Committee in the 117th Congress,” said Crapo.  “This talented […]

Crapo Named Ranking Member of Senate Finance Committee

WASHINGTON, DC – U.S. Senator Mike Crapo (R-Idaho) will serve as the Ranking Member of the powerful Senate Finance Committee in the 117th Congress.  The Senate Finance Committee oversees more than 50 percent of the federal budget, and Crapo’s position will give Idaho a strong voice in legislation related to federal tax policy; federal social […]

Grassley, Wyden Subpoena the United Network for Organ Sharing as part of Continued Investigation into U.S. Organ Transplant System

Washington – Senate Finance Committee leaders Sens. Chuck Grassley (R-Iowa) and Ron Wyden (D-Ore.) yesterday issued a subpoena to the United Network for Organ Sharing (UNOS), compelling production of documents related to the committee’s investigation of organ procurement organizations (OPOs), and potential false claims submitted to government benefit programs. The Committee determined that issuing a […]

New CBO Average Wage Projection Undermines Push to Amend Social Security Benefits Formula

WASHINGTON – In response to an inquiry from Sen. Chuck Grassley (R-Iowa), the Congressional Budget Office this week projected only a 0.5 percent decrease in the national Average Wage Index (AWI), a significantly smaller reduction than prior predictions of 3.8 percent.     The AWI is used in the calculation of Social Security benefits. A substantial decrease may have had a […]

Finance Committee Advances Treasury Nominee to Full Senate

Washington – The Senate Finance Committee, chaired by Sen. Chuck Grassley (R-Iowa), today unanimously reported for consideration to the full Senate the nomination of Dr. Janet Yellen to the secretary of the Treasury.   “I will vote yes on Dr. Yellen’s nomination given her qualifications and belief that a President is entitled to pick his […]

Grassley op-ed: Don’t Exploit Pandemic to Enact Liberal Laundry List

Don’t Exploit Pandemic to Enact Liberal Laundry ListBy U.S. Senator Chuck Grassley of Iowa  In my final hearing chairing the Senate Finance Committee, President Joe Biden’s nominee to serve as the 78th U.S Treasury secretary told lawmakers we must “act big” to restore the economy capsized by COVID-19.   At her confirmation hearing held the […]

Grassley at Hearing to Consider the Anticipated Nomination of the Honorable Janet L. Yellen to be Secretary of the Treasury

Prepared Opening Remarks by U.S. Senator Chuck Grassley of Iowa Chairman, Senate Finance Committee Tuesday, January 19, 2021 VIDEO  Today, we welcome the Honorable Janet Yellen to consider an anticipated nomination for her to become Secretary of the Treasury.   The role of Treasury Secretary covers responsibilities over a large number of issues, including: taxes; fiscal […]

Grassley, Wyden Release Insulin Investigation, Uncovering Business Practices Between Drug Companies and PBMs That Keep Prices High

Washington – Senate Finance Committee Chairman Chuck Grassley (R-Iowa) and Ranking Member Ron Wyden (D-Ore.) today released the results of their bipartisan investigation into the skyrocketing price of insulin, which they launched nearly two years ago.    The investigation sheds light on factors that led to the surging list price of insulin—a drug that’s been available for almost a century—which has doubled […]