Wyden Statement at Finance Committee Hearing on the Nominations of Christi Grimm to HHS and Neil MacBride to Treasury
The Finance Committee meets this morning to discuss two nominations for key roles in the Biden administration – jobs that both deal with sound management and good government within major federal agencies. Christi Grimm is the president’s nominee to serve as the Inspector General for the Department of Health and Human Services. And Neil MacBride […]
Wyden Applauds CMS Action on Health Care Price Transparency
Finance Chairman Calls on CMS to Increase Penalties for Noncompliant Hospitals Washington, D.C. – Senate Finance Committee Chairman Ron Wyden, D-Ore., today applauded action by the Biden administration to continue a bold effort to make health care provider prices more readily available to consumers, and supported the additional steps proposed. “In today’s complex health care […]
Wyden Applauds Cahoots Planning Grant Awards For 20 States
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today applauded the Biden administration for announcing planning grant awards for 20 state Medicaid programs to support the development of mobile crisis intervention service programs to help those struggling with mental health and substance use disorder crises. “These grants will kick start the effort […]
Wyden Presses Swiss Bank Mirabaud on Billionaire Tax Evasion
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today pressed Swiss bank Mirabaud on its compliance with Foreign Account Tax Compliance Act (FATCA) following a Justice Department indictment of U.S. billionaire Robert Brockman showing the bank held roughly $1 billion in undeclared income offshore for Brockman for nearly 10 years. As it stands, […]
Wyden, Casey Call for Improved Access to Nursing Home Vaccination Data
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore. and Senate Aging Committee Chair Bob Casey, Jr., D-Pa., today asked the Biden administration to take additional steps to provide the public with more usable and accessible information on the rate of COVID-19 vaccinations among residents and workers in our nation’s nursing homes. “We believe […]
Wyden Unveils Proposal To Close Loopholes Allowing Wealthy Investors, Mega-Corporations To Use Partnerships To Avoid Paying Tax
Washington, D.C. –Senate Finance Committee Chair Ron Wyden, D-Ore., today unveiled draft legislation to close loopholes that allow wealthy investors and mega-corporations to use pass-through entities, primarily partnerships, to avoid paying their fair share of taxes. Seventy percent of partnership income accrues to the top 1 percent. Current partnership tax rules are too complicated […]
Wyden Statement in Response to Chamber of Commerce’s Misleading Carried Interest Report
Washington, D.C.—Senate Finance Committee Chair Ron Wyden, D-Ore., today released the following statement in response to the Chamber of Commerce’s misleading carried interest report: “One of the most indefensible loopholes in the tax code is the carried interest loophole, which allows wealthy private equity managers to be taxed at lower rates than nurses caring […]
Wyden Statement on Expiration of Enhanced Jobless Benefits
Senate Finance Committee Chair Ron Wyden, D-Ore., today released the following statement ahead of the expiration of enhanced jobless benefits: “Millions of jobless workers are going to suffer when benefits expire on Monday, and it didn’t need to be this way. It’s clear from the economic and health conditions on the ground that we shouldn’t […]
Wyden Statement on Medicare and Social Security Trustees Report
Senate Finance Committee Chair Ron Wyden, D-Ore., today issued a statement after the Medicare and Social Security Board of Trustees released its annual outlook for the programs: “The release of the Medicare and Social Security Board of Trustees annual report provides another stark example of how this pandemic has further hurt the American worker and […]
Wyden, Brown, Warner Unveil International Taxation Overhaul Discussion Draft
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., Senator Sherrod Brown, D-Ohio, and Senator Mark Warner, D-Va., today unveiled their draft legislation to overhaul international taxation and invest in America by ensuring mega-corporations pay their fair share. The section-by-section summary is available here. The discussion draft builds on the framework released in April, […]