Wyden and Neal Begin to Investigate Administration Scheme to Take Cut of Nvidia AI Chip Sales to Chinese Companies; Trump and Commerce Department Reportedly Ignored Warnings About Former CEO’s Relationship with Alleged Chinese Spy
Top Democrats on House and Senate Trade Committees Request Commerce Department Retain All Relevant Records Regarding Nvidia Chip Sale Decisions Read the full letter here Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and House Ways and Means Committee Ranking Member Richard E. Neal, D-Mass., today demanded the Trump Administration retain all […]
Wyden and Alsobrooks Seek Evidence of RFK Jr. Lies from Children’s Health Defense
Senators Request Documents From Kennedy’s Anti-Vaccine Advocacy Organization Regarding His Travel to Samoa Prior to the Deaths of Dozens of Children from Measles Text of the Letter (PDF) Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and Senator Angela Alsobrooks, D-Md., opened an investigation into evidence that Health and Human Services (HHS) […]
Wyden and Alsobrooks Probe Gifts to RFK Jr. From Top Donor
Health Secretary Received $250,000 in Luxury Travel and Lodging Text of the Letter to RFK Jr. (PDF) Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and Senator Angela Alsobrooks launched an inquiry into lavish gifts given to Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. by a top donor and […]
Wyden Statement on Finance Committee Democratic Majority Agenda
Americans Reject High Prices and Corrupt Deals; Affordability and Accountability Will Drive Democratic Agenda Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., issued the following statement on the committee’s agenda in the next Congress: “For the last two years Republicans have used the Finance Committee to execute and defend the most craven […]
Wyden, Warren Press Treasury and IRS on Rushed Transition to ID.me for Savings Bond Investors
Senators Demand Answers on Privacy Concerns and Request Delay for New Facial Recognition Login Requirement Text of the Letter (PDF) Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and Senate Banking, Housing, and Urban Affairs Committee Ranking Member Elizabeth Warren, D-Mass., today demanded the Department of the Treasury halt a rushed transition to […]
Wyden Urges Trump Administration to Crack Down on Major Investment Tax Loophole Used by the Ultra-Wealthy
Text of the Letter (PDF) Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., called on the Treasury Department and Internal Revenue Service (IRS) to crack down on a tax avoidance scheme known as tax-aware long-short investing which is growing in popularity and shielding billions in wealth from federal taxes. “I am alarmed by […]
Amid AI Boom, Wyden Unveils Proposals to Ensure Wage Security, Fair Contributions from Data Centers
New Draft Legislation from Finance Ranking Member, Leader Schumer, Senators Bennet and Warren, Improves and Expands Unemployment Insurance and Provides Additional Wage Security for Workers Displaced by AI Disruption. Wyden Also Touts Bill to Eliminate Unnecessary Federal Tax Breaks for Data Center Construction, Establish Excise Tax for Data Centers to Fund Worker Assistance. Washington, D.C. […]
Wyden on Trump Pausing Some Canada Tariffs Ahead of Election: Americans Are Rejecting Trump’s Desperate, Politicized Stunts, Demand End to Arbitrary Tariff Moves
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., released the following statement in response to Donald Trump’s decision to pause certain tariffs Americans are paying on products from Canada. “Trump’s desperate, eleventh hour attempt to save Susan Collins’ political career is an admission that American voters are rejecting his toxic tariff policies. […]
Wyden Report Shows Success of IRA’s Direct Pay Program
Newly Released IRS Data Shows Unprecedented Clean Energy Boom Under IRA Direct Pay Program, Makes Case for Reinstatement, Wyden Says Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today released previously undisclosed Internal Revenue Service (IRS) data showing that in the first two years of the Inflation Reduction Act’s (IRA) Direct Pay […]
Wyden Probes ‘Big Four’ Accounting Firm CEOs On Offshore Tax Shelter Consulting
Big Four Accounting Firms Have Reportedly Advised Clients to Use Maltese Tax Shelters to Avoid Billions in Taxes Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today launched an inquiry into reports of the “big four” accounting firms advising major clients in the United States and European Union to create tax shelters […]