Ranking Member's News


Wyden Tax Scam Report Reveals Small Business Owners Are Facing More Uncertainty, Complexity Due To Trump Tax Law

Washington, D.C. - Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued a tax scam report outlining concerns from small business owners who say Trump's tax law has created an increase in financial uncertainty. The report, "Tax Code and Small Business: Even More Bizarre and More Unfair than Before," also explores how Republicans' new pass-through loophole may result in small business owners spending more on tax professionals than on growing their operation. "Republicans claim … Continue Reading


Wyden Statement on Senate Floor on Trump’s Repeated Attacks on Women’s Health Care

You can sum up the health care policy of the Trump administration in just one word -- discrimination. I'm here with my colleagues today to discuss another alarming example of the Trump agenda of health care discrimination, an example of where the administration is working overtime to make women's health care worse. What this particular case is all about is bureaucracy run amok. The Office of Refugee Resettlement, which is part of the Department of Health and Human Services, has decided to put i… Continue Reading


Wyden Probes Possible Trump Org Violation of Emoluments Clause

Washington, D.C. - Following news reports that the Trump Organization transferred profits from foreign governments to the U.S. Treasury Department, Senate Finance Committee Ranking Member Ron Wyden, D-Ore., requested that Treasury Secretary Steve Mnuchin disclose the size of that payment, in a letter sent on March 8. The Senate Finance Committee granted Treasury the authority to accept voluntary payments that lower the national debt in 1961 and has oversight over the acceptance of such payments.… Continue Reading


Wyden Statement on CMS Letter to Idaho on Junk Insurance Plans

Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued a statement after CMS Administrator Seema Verma sent a letter to the state of Idaho on their proposed plan to sell health insurance plans that do not comply with federal law: "The Trump Administration is talking out of both sides of their mouth," Wyden said. "While they claim to be upholding the law, they are explicitly inviting Idaho and other states to sell short-term, junk insurance - the exact opposite of the protection… Continue Reading


Wyden Statement on White House Steel and Aluminum Announcement

Washington, D.C. - Sen. Ron Wyden, D-Ore., ranking member of the Senate Finance Committee, issued the following statement in response to the president's announcement that he plans to impose tariffs on unspecified steel and aluminum products from a list of countries that has not yet been finalized. "The announcement today raises more questions than it answers. Americans are still waiting for a real solution to the fundamental issue: China's unfair trade tactics, including massive overcapacity in… Continue Reading


Wyden Statement on Republican Efforts to Include Marketplace Fairness Act in Spending Bill

Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today released the following statement in response to Republican efforts to include the Marketplace Fairness Act in Congress' upcoming spending bill: "I'm extremely concerned to hear Congressional Republicans are plotting to sneak a massive internet tax increase into a completely unrelated federal spending bill," Wyden said. "Apparently voting for a Republican representative in Congress is voting to allow New York and California to tax … Continue Reading


Wyden Statement at Finance Committee Hearing on Combating Counterfeit Goods

This morning, the Finance Committee meets to discuss the challenge of protecting consumers from counterfeit goods. And, I am glad that we are having this discussion, which is overdue in my book. In addition, I hope that this Committee will soon hold hearings on the administration's many trade activities -- including the steel and aluminum investigations and potential tariffs, the NAFTA renegotiations, and the investigation of China under Section 301. On counterfeit imports, any discussion of t… Continue Reading


Wyden Statement on Trump Announcement of Steel and Aluminum Tariffs

Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement after President Trump announced plans to levy tariffs on foreign steel and aluminum. "The American steel industry has been under pressure for decades from unfairly traded products from China and elsewhere, as well as global overcapacity. I am pleased that the President recognizes the importance of addressing these challenges and finally intends to take action," Wyden said. "Until the details are know… Continue Reading


Wyden, Murray Demand Answers from Aetna Over Denied Health Claims

Washington, D.C. - Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and Senate Health, Education, Labor and Pensions (HELP) Committee Ranking Member Patty Murray, D-Wash., sought answers from health insurance company Aetna following reports that one of its medical directors never looked at patients' records when deciding whether to approve or deny coverage of patients' care. The senators question whether this violates federal consumer protections, specifically the requirement for a fai… Continue Reading


Wyden and Neal Statement on Nomination of Amy Karpel to Serve on International Trade Commission

WASHINGTON - Senate Finance Committee Ranking Member Sen. Ron Wyden, D-Ore., and House Ways and Means Committee Ranking Member Rep. Richard Neal, D-Mass., issued the following statement on President Trump's transmission to the Senate of his nomination of Amy Karpel to serve on the International Trade Commission. "Amy Karpel has spent nearly two decades fighting for trade policies that help American businesses and workers, with more than a decade of that time spent in public service. If confir… Continue Reading


Wyden Statement on Republican Tax Law, Record-Breaking Corporate Stock Buybacks

Washington, D.C. - Senate Finance Committee Ranking Member Ron Wyden, D-Ore., delivered remarks on the Senate floor following a report that corporate stock buybacks have reached $200 billion since the passage of Republicans' tax law. "Just a few hours ago, corporations crossed the $200 billion mark in stock buybacks this year. Stock buybacks are windfalls that drive up the value of investment portfolios for CEOs and high-flyers. And they're coming in at a rate 30 times greater than worker bonus… Continue Reading


Wyden Statement on Release of Commerce Steel and Aluminum Reports

WASHINGTON-Senator Ron Wyden, D-Ore., praised the release of Commerce Department investigation reports on steel and aluminum imports, after he personally asked the president to make those reports public earlier this week. "I am pleased the administration finally listened and released its reports as I asked, so Americans can see what's on the table and weigh in. On an issue as critical to jobs and economic growth in manufacturing and other key sectors of our economy, the public shouldn't be kept… Continue Reading


Wyden Statement on Proposed “Short-Term” Junk Insurance Rule

Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today released the following statement on the Trump administration's proposed rule expanding the availability of junk, "short-term" insurance plans: "This proposed rule is all about promoting junk health insurance, and people who get conned into buying it are going to find they're on their own when they come down with an illness or injury. Bottom line, this is a green light to discriminate against Americans with pre-existing conditions … Continue Reading


Wyden Statement at Finance Committee Hearing on HHS FY 2019 Budget

It's budget season in Washington, which means the Trump agenda of health care discrimination is back. This morning I'll run through the plan example by example. Let's start off with discrimination against Americans with pre-existing conditions. People who have pre-existing conditions count on having a robust private insurance market with strong consumer protections. What the Trump budget offers is chaos in the private insurance market and the elimination of key consumer protections. The budget… Continue Reading


Wyden, Murray, Senate Democrats Call on Trump Administration to End Unlawful Attacks on Women's Health Care

Washington, D.C. - Senate Finance Committee Ranking Member Ron Wyden, D-Ore. and Ranking Member of the Senate Health, Education, Labor, and Pensions (HELP) Committee Patty Murray, D-Wash., along with 37 Senate Democrats, today urged the Trump Administration to reverse its decision to rollback protections that prevent states from excluding qualified women's health care providers from the Medicaid program. The letter to Health and Human Services (HHS) Secretary Alex Azar comes after recent reports… Continue Reading

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