Wyden Calls for Stepping up Enforcement of USMCA, at Finance Committee Hearing

I want to start by noting that the House last night voted to repeal Donald Trump’s tariffs on Canada—tariffs imposed in spite of the USMCA and without the support of Congress. Trump’s chaotic tariffs are losing support across the political spectrum. Now the Senate needs to get that legislation to the President’s desk and deliver […]

Wyden Opposes Republican Plan to Meddle with DC’s Tax Laws

Watch a video of Wyden deliver his remarks here As Prepared for Delivery A bit later today the Senate is going to decide whether or not to interfere with the tax policy decisions made by the elected representatives of the 700,000 people who live in the nation’s capital. My view is, leave D.C. alone. There […]

Wyden-Schumer Bill Would Block Trump from Receiving Any Federal Lawsuit Settlement

Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden (D-Ore.) and Democratic Leader Chuck Schumer (D-N.Y.) introduced legislation on Tuesday called the Stop Presidential Embezzlement Act that would block any financial benefit to Donald Trump resulting from his $10 billion lawsuit against the IRS and Treasury Department. Trump sued late last month over the […]

Wyden Statement on Latest Trump Actions to Increase Health Costs

Washington, D.C. — Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement after the Centers for Medicare & Medicaid Services (CMS) issued a proposed rule that makes harmful changes to the Affordable Care Act marketplace. “The latest Trump-Republican broadside on American health care is all about empowering the greed of Big […]

Senate Blocks Wyden, King Resolution Closing Tax Loopholes for Large Corporations

Washington, D.C. – Today the U.S. Senate blocked a resolution from Senators Ron Wyden (D-OR) and Angus King (I-ME) to close loopholes in the tax code for large corporations and private equity companies. The Senators’ Congressional Review Act (CRA) resolution would have reversed a recent regulatory change that has resulted in a $10.3 billion tax […]

Wyden Calls for Senate to Overturn Trump’s Latest $10B Corporate Tax Handout

Watch a video of Wyden deliver his remarks here The Senate is going to vote very shortly on a resolution I put forward to overturn a new Trump administration policy regarding corporate taxes and partnerships. When you start using a whole bunch of Washington lingo about the corporate alternative minimum tax and income allocated across […]