Wyden Statement at Finance Committee Hearing on Taxpayer-Funded Research
A few key points to make this morning on taxpayer-funded research in America. First, our country is more entrepreneurial, our economy is stronger and our lives as Americans are better because our scientific community attracts so many of the world’s brightest minds. That is a strength to be protected – a part of our national […]
Wyden Continues to Investigate Potential Political Interference in Request for Trump Taxes
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today continued his investigation into potential political interference in the administration’s response to Chairman Richard Neal’s, D-Mass., request for President Donald Trump’s tax returns under section 6103 of the tax code. Following Washington Post reporting about a memo prepared by career IRS officials that contradicted Secretary Steven […]
Wyden, Menendez, Whitehouse Urge NRA to Allow Longtime Advertising Agency to Cooperate with Investigation
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and committee members Senator Robert Menendez, D-N.J., and Senator Sheldon Whitehouse, D-R.I., today released the following statement after the NRA failed to provide responsive documents to committee Democrats’ latest requests and the NRA’s longtime advertising agency, Ackerman McQueen, indicated that it is willing to […]
Wyden Statement on Trump’s Latest Mexico Tariff Threat
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement in response to Donald Trump’s latest threat to place tariffs on Mexican goods, on spurious national security grounds: “Donald Trump has no credibility when it comes to America’s national security and no coherent plan when it comes to trade. A few weeks […]
Wyden Statement on Treasury Department Refusal to Comply with Oversight on 6103 Compliance
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today released the following statement on the Treasury Department’s failure to comply with oversight of compliance with requests for taxpayer information under section 6103 of the tax code: “In a letter to Secretary Mnuchin, I requested answers to a range of questions about the Treasury Department’s compliance […]
Wyden Statement on Congressional Research Service Report on Republican Tax Cuts
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today released the following statement on the Congressional Research Service’s recent report on the effects of the Republican tax cuts: “A new report from the Congressional Research Service again shows the Republican tax cuts failed to fulfill their promises. “Republicans made three unbelievable claims about their bill: […]
Wyden Statement on Nomination of Brent McIntosh to be Undersecretary for International Affairs
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today released the following statement on the nomination of Treasury Department General Counsel Brent McIntosh to be Undersecretary for International Affairs: “As Treasury Department General Counsel, Brent McIntosh has been integral to Secretary Mnuchin’s decision to break the law and refuse to comply with Chairman Neal’s […]
Wyden Statement on House Passage of the SECURE Act
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today released the following statement on House passage of the SECURE Act: “The House of Representatives today approved long overdue legislation to address the retirement crisis and make it easier for employers to offer plans to their workers. Importantly, Democrats also fixed a disastrous policy in the […]
Wyden, Brown, Senate Democrats Introduce Bill to Stop Government From Taking Away Social Security Benefits to Pay Off Student Loans
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and Senator Sherrod Brown, D-Ohio, the Ranking Member of the Finance Committee Social Security, Pensions, and Family Policy Subcommittee, along with eight Senate Democrats, today introduced a bill to protect Americans who receive Social Security from having their benefits garnished to pay outstanding federal […]
Wyden Bill Ensures Hedge Fund Managers Pay Their Fair Share in Taxes
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today introduced legislation to close the carried interest loophole and ensure hedge fund managers and private equity CEOs pay their fair share in taxes. For the first time, the bill proposes closing the entire carried interest loophole—re-characterization of income from wage-like income to lower-taxed […]