Chairman's News
Hatch, Wyden Applaud Senate Passage of Tariff Bill
WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) and Ranking Member Ron Wyden (D-Ore.) today lauded Senate passage of H.R. 4318, the Miscellaneous Tariff Bill (MTB) Act of 2017: "This legislation will help American companies compete across the globe and create economic benefits for consumers by reducing trade barriers for American manufacturers that need products that are difficult to obtain in the United States," Hatch said. "It was crafted based on a robust process that con… Continue Reading
07.26.18
Hatch Opening Statement at Treasury Nomination Hearing
WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) today offered the following opening statement at a Treasury nominations hearing: Today we will consider the nominations of Justin Muzinich, to be deputy secretary of the Treasury and Michael Desmond, to be chief counsel for the IRS and an assistant general counsel in the Department of the Treasury. I would like to extend a warm welcome to both of our nominees here today and thank you both for your willingness to serve in these … Continue Reading
07.25.18
Hatch: Treasury Policy Change Will Protect Taxpayers
Hatch discusses Treasury policy change to protect taxpayers and save resources, on Senate floor. WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) today took to the Senate floor to praise the Treasury Department's decision to no longer require many tax-exempt groups to disclose the names and addresses of taxpayers who made substantial donations. "The IRS has been forcing the collection of information it doesn't need that can easily get leaked out and cause problems for the IR… Continue Reading
07.20.18
Hatch Announces Treasury Nominations Hearing
WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) will convene a hearing on Thursday, July 26, to consider 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. The hearing will take place at 9:30 a.m. in 215 Dirksen Senate Office Building. The following nominees are scheduled to testify: Justin Muzinich, … Continue Reading
07.19.18
Finance Committee Advances IRS Commissioner Nomination
WASHINGTON - The nomination of Charles Rettig to be the new Internal Revenue Service (IRS) commissioner today advanced out of the Senate Finance Committee by a vote of 14-13. Senate Finance Committee Chairman Orrin Hatch (R-Utah) released the following statement: "For the IRS to implement the biggest tax overhaul in a generation, it is essential that the agency is fully staffed and led by a strong, capable commissioner. The job of commissioner is further complicated by years of mistrust and sc… Continue Reading
07.19.18
Hatch, Wyden Introduce IRS Administration Bill
WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) and Ranking Member Ron Wyden (D-Ore.) today introduced the Taxpayer First Act (S. 3246), bipartisan legislation to reform certain administrative practices at the Internal Revenue Service (IRS). The legislation, based on two 114th Congress bills (S. 3156 and S. 3157) that passed the Finance Committee unanimously in 2016, aims to assist the agency by: increasing taxpayer protections and electronic filing; enhancing whistleblower p… Continue Reading
07.19.18
Hatch Opening Statement at Markup of IRS Commissioner Nominee
WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) today delivered the following opening statement at a markup of the nomination of Charles Rettig to be commissioner of the Internal Revenue Service (IRS): I'd like to welcome everyone here to today's executive session. Today, the committee will consider the nomination of Mr. Charles Rettig to serve as IRS Commissioner. As I mentioned at the hearing on Mr. Rettig's nomination a few weeks ago, the IRS is at a critical juncture.… Continue Reading
07.17.18
Hatch to POTUS: Time to Stop Using Tariffs and Start Negotiating
Finance Committee Chairman Orrin Hatch (R-Utah) emphasizes the economic harm tariffs create during a Senate floor speech on Tuesday. WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) today urged the administration to rethink its global trade strategy during a speech on the Senate floor, emphasizing that it could undermine the success of tax reform. "The administration has implemented or threatened global tariffs on approximately $500 billion of goods. Pure and simple, tariff… Continue Reading
07.16.18
Hatch Announces Markup of IRS Commissioner Nominee
WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) today announced that the committee will convene a markup on the nomination of Charles Rettig to be commissioner of the Internal Revenue Service (IRS). The markup will occur on Thursday, July 19 at 10 a.m. in 215 Dirksen Senate Office Building. The committee will markup the following nominee: Charles Rettig, to be Commissioner of the Internal Revenue Service Who: Senate Finance CommitteeWhat: IRS Commissioner Nominatio… Continue Reading
07.10.18
Hatch Statement on Additional $200 Billion in Tariffs Under Section 301
WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) today released the following statement regarding the administration's announcement that additional tariffs on $200 billion of Chinese products will be imposed under Section 301 of the Trade Act of 1974: "Although I have supported the administration's targeted efforts to combat China's technology transfer regime, tonight's announcement appears reckless and is not a targeted approach. We cannot turn a blind eye to China's mercant… Continue Reading
06.29.18
Victories Abound for Senate Finance Committee
The Senate Finance Committee has been busy, very busy, throughout the 115th Congress. With a new Republican administration, the committee under the leadership of Chairman Orrin Hatch (R-Utah), spearheaded the biggest tax overhaul in more than 30 years, chipped away at Obamacare, secured bipartisan health care accomplishments, and it's showing no signs of slowing down any time soon. Take a look at what the committee has been up to: Major Legislative Victories Chairman Hatch worked with memb… Continue Reading
06.28.18
Finance Committee Advances Commerce, HHS & Tax Court Nominees
WASHINGTON - The Senate Finance Committee today advanced the nominations of Jeffrey Kessler to be an Assistant Secretary of Commerce, Lynn A. Johnson to be Department of Health and Human Services Assistant Secretary for Family Support, Elizabeth Ann Copeland to be a United States Tax Court Judge, and Patrick J. Urda to be a United States Tax Court Judge. "Kessler, Johnson, Copeland and Urda have proven they are well-suited to take on the challenges of the positions for which they've been nomina… Continue Reading
06.28.18
Hatch Opening Statement at Rettig Nomination Hearing
WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) today delivered the following opening statement at a hearing to consider the nomination of Charles Rettig to be the Internal Revenue Service (IRS) Commissioner: Right now, the IRS is at a critical juncture. The American people are already seeing myriad of benefits thanks to tax reform as unemployment continues to drop and wages rise. And the IRS will be responsible for implementing these new policies smoothly and efficiently… Continue Reading
06.28.18
Hatch Announces New Finance Committee Majority Staff Director
WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) today announced that that Dr. Jeff Wrase will take on a new role as the majority's staff director. After seven years with the Finance Committee, current staff director Jay Khosla will be departing the committee. Khosla joined the Finance Committee in 2011 as Chief Health Counsel and in 2013 took on the role of Policy Director. He was elevated to Staff Director in 2017 and led the passage of the generational tax reform law. Kho… Continue Reading
06.27.18
Hatch Statement on Administration’s Investment Restrictions Announcement
Utah Senator Says, "Both the president and Congress are determined to combat China's discriminatory and market-distorting activities, and today's action is another step in that joint commitment." WASHINGTON - Senate Finance Committee Chairman Orrin Hatch (R-Utah) today released the following statement on the administration's announcement regarding foreign investment, Section 301 of the Trade Act of 1974 and the Foreign Investment Risk Review Modernization Act (FIRRMA): "The Chinese government… Continue Reading
