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 […]
Grassley, Ernst’s Bill to Provide Tax Relief to Iowans Impacted by the Derecho Signed into Law
WASHINGTON – Senate Finance Committee Chairman Chuck Grassley (R-Iowa) and Sen. Joni Ernst’s (R-Iowa) Disaster Tax Relief Act of 2020 was recently signed into law as part of the year-end legislative package. This bipartisan legislation will provide tax relief to the individuals, families and small businesses in presidentially declared disaster areas, including those impacted by […]
Grassley Presses USAID, Inspector General on Retaliation Allegations
Washington – Senate Finance Committee Chairman Chuck Grassley (R-Iowa) is pressing the U.S. Agency for International Development (USAID) and its respective watchdog agency about the suspension of a security clearance and eventual departure of Dr. Mark Moyar from his position at USAID based on still ambiguous claims of publishing classified information in a book he […]