Wyden Presses Wall Street Investors Who Scooped Up the Rights to Small Businesses’ Tariff Refunds
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today pressed investment banks that purchased the rights to tariff refunds—often for a fraction of their value—from American small businesses that could not afford to wait to receive their money back. “As Ranking Member of the Senate Finance Committee, I am conducting oversight to […]
Wyden Calls for Full IRS Investigation of Tax Shelter Involving Puerto Rico Residency, Unveils New Findings in Ongoing Investigation
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden (D-Ore.) wrote yesterday to the IRS’s head of compliance to outline new findings in his ongoing investigation of a tax shelter involving ultra-wealthy investors sheltering income from taxes by improperly sourcing income to Puerto Rico. He urged the IRS to undergo a complete investigation into […]
Wyden Continues Inquiry into Treasury Mishandling Iran War Fallout as Bessent Dodges Key Questions
Washington, D.C. – Today, Senate Finance Committee Ranking Member Ron Wyden, D-Ore., continued his inquiry into the Treasury Department’s mishandling of the economic fallout of Trump’s war with Iran, pushing Treasury Secretary Scott Bessent to answer key questions about his department’s lack of planning for the war’s inevitable disruptions in energy markets. Earlier in April, […]
Republican Cuts are Bulldozing Health Care for American Families
Republican Cuts are Bulldozing Health Care for American Families March Tally of Layoffs, Closures and Harms to the American Health Care System Reveals Looming Crisis Following Republicans’ Cuts to Medicaid and the Affordable Care Act Text of the Report (PDF) Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and House Energy and […]
Wyden Demands Transparency on Robert Kennedy’s Recreational Drug Use Following Reporter’s Tell-All Book
Text of the Letter (PDF) Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., demanded answers from Department of Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. on reports that he used illegal drugs recreationally. “The U.S. Secretary of Health and Human Services is the nation’s top public health official, responsible […]
Wyden Finance Committee Hearing Statement Slamming Trump and RFK Jr.’s Disastrous Health Care Agenda
The Finance Committee is gathered this morning to discuss Donald Trump’s health care blueprint for the coming year. Robert Kennedy came into the office of health secretary with sweeping promises of restoring the public’s trust in government and making America healthy again. As Trump campaign pollsters flail about trying to cover up Robert Kennedy’s devastatingly […]
While Trump Delays, Wyden Calls for Passage of Speedy Tariff Refunds Act
Watch a video of Wyden deliver his remarks here As Prepared for Delivery I rise today to request unanimous consent to pass the “Speedy Tariff Refund Act.” This bill forces the Trump administration to immediately return the money it has stolen from American businesses under Trump’s illegal tariffs. Nothing illustrates the hostility that Donald Trump […]
Wyden, Senate Democrats Reveal Trump Fakery on Lower Prescription Drug Costs, Introduce Legislation to Force Disclosure of Terms with Big Pharma
Senators Introduce Legislation to Reveal Terms of These Agreements and Mandate Independent Accounting of Whether Everyday Americans Will Benefit At All Text of the Report (PDF) / One-Page Summary of the Drug Deal Disclosure Act Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and 18 Senate Democrats today unveiled legislation to force […]
Wyden Questions $370M Tax Windfall Trump IRS Granted Major Natural Gas Exporter
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., questioned Cheniere Energy today over its recent disclosure that it had obtained a $370 million tax break from the Trump administration following highly questionable and unusual claims it made to the IRS. Cheniere claimed the $370 million in alternative fuel excise tax credits based […]
Wyden Bill Would Crack Down on Abuse of Complex Financial Contracts to Dodge Taxes
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today introduced legislation to close loopholes that allow wealthy investors to use derivatives contracts to dodge taxes on the underlying investments. Derivatives are a financial bet that a stock or other investment will go up or down in value. Wealthy investors are able to […]