Grassley, Wyden: Treasury Misses the Mark on PPP Loan Expense Deductibility Guidance
WASHINGTON – Senate Finance Committee Chairman Chuck Grassley (R-Iowa) and Ranking Member Ron Wyden (D-Ore.) today released the following joint statement regarding the Department of the Treasury’s Paycheck Protection Program (PPP) loan expense deductibility guidance. “Since the CARES Act, we’ve stressed that our intent was for small businesses receiving Paycheck Protection Program loans to receive […]
Grassley, Johnson Release Supplement to Report on Potential Conflicts of Interest Stemming from Biden Family Foreign Business Arrangements
WASHINGTON – U.S. Senators Chuck Grassley (R-Iowa), chairman of the Senate Finance Committee, and Ron Johnson (R-Wis.), chairman of the Senate Homeland Security and Governmental Affairs Committee, released a supplement to their September 23, 2020, report that revealed millions of dollars in questionable financial transactions between Hunter Biden and his associates and foreign individuals with ties […]
Grassley, Warren Urge FDA to Initiate Overdue Rulemaking So That Hearing Aids Can Be Made Available Over-the-Counter
Grassley and Warren’s Over-the-Counter Hearing Aid Act was signed into law in 2017 and requires the FDA to issue draft rules by August 2020, but the FDA has yet to do soHearing loss continues to be a problem for millions of Americans, but only around 14 percent of Americans with hearing loss use hearing aids […]
Grassley Statement on New Trump Administration Health Care Transparency Rule
Washington – Senate Finance Committee Chairman Chuck Grassley (R-Iowa) today issued the following statement after the Trump Administration issued a final rule requiring more transparency in health care pricing. “Upfront transparency in the cost of care is critical information for patients as they make decisions. Requiring all health insurance companies to provide patients with […]
Grassley Presses Colleagues to Push Colleges on Academic Freedom
Washington – Senate Finance Committee Chairman Chuck Grassley (R-Iowa) wrote to his colleagues on the Finance and Judiciary committees about the wide-ranging and increasing concerns about the state of academic freedom at American institutions of higher learning. In 2019, Grassley wrote to four separate colleges and universities following concerning reports about professors who faced […]
ICYMI: Insights on Trends in U.S. Cross-Border M&A Transactions after the Tax Cuts and Jobs Act
By Andrew B. LyonTax NotesPublished on Monday, October 26, 2020 Cross border mergers and acquisitions data show that for the first time since 2013, the dollar share of outbound transactions – that is, acquisitions by U.S. companies of foreign assets and companies – exceeded inbound transactions – that is, acquisitions by foreign companies of U.S. […]
Grassley, Finance Committee Members Continue Investigation into U.S. Organ Transplant System
WASHINGTON – Senate Finance Committee Chairman Chuck Grassley (R-Iowa), along with Ranking Member Ron Wyden (D-Ore.) and Sens. Todd Young (R-Ind.) and Ben Cardin (D-Md.), sent a letter to the Department of Health and Human Services (HHS) concerning their oversight procedures for the organ procurement and transplantation system in the United States. This probe comes after […]
Senate HSGAC, Finance Majority Staff Report: GSA and FBI Undermined Presidential Transition Process by Secretly Sharing Private Trump Transition Records with Special Counsel
WASHINGTON — U.S. Senators Ron Johnson (R-Wis.), chairman of the Senate Homeland Security and Governmental Affairs Committee, and Chuck Grassley (R-Iowa), chairman of the Senate Finance Committee, released a majority staff report detailing how the Federal Bureau of Investigation (FBI) and Special Counsel Robert Mueller’s Office (Special Counsel) secretly sought and received access to the […]
ICYMI: Grassley: Voters should be skeptical of Biden’s pledge to not raise middle class taxes
NOTE: Grassley’s floor speech on Biden’s tax plan can be found HERE. ICYMI: Grassley: Voters should be skeptical of Biden’s pledge to not raise middle class taxesBy Naomi JagodaThe HillPublished October 21, 2020 Senate Finance Committee Chairman Chuck Grassley (R-Iowa) on Wednesday criticized Democratic presidential nominee Joe Biden’s tax plan, arguing that there are reasons […]
Grassley on Biden’s Tax Plan: Cold Comfort for Middle-income Families
Prepared Floor Remarks by U.S. Senator Chuck Grassley of IowaChairman, Senate Finance CommitteeWednesday, October 21, 2020VIDEO In about two weeks, the American people will go to the polls to determine the direction of our nation. There are many important issues voters will consider as they decide which way they’ll vote. Their decisions will ultimately determine […]