Wyden Statement on NAFTA Notification
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement on the announcement that the president intends to sign unspecified changes to NAFTA: “It is premature for the president to announce he intends to sign a trade agreement when so many difficult issues remain unresolved,” Wyden said. “It sure looks like the […]
As Junk Plans Become Reality, Senate Democrats Seek Answers on the Consequences for Americans’ Health Care
Washington, D.C. – Four Senate Democrats today asked the National Association of Insurance Commissioners (NAIC) to begin reporting the harmful consequences of junk insurance plans as insurers submit applications to sell the plans to consumers this fall. The letter, sent by Senate Finance Committee Ranking Member Ron Wyden, D-Ore., Senate Health, Education, Labor and Pensions […]
Wyden Statement on U.S.-Mexico Trade Announcement
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement on the announcement that the U.S. and Mexico reached a preliminary agreement to revise NAFTA: “The president’s track record on trade is clear; the announcements are splashy, but they fail to deliver concrete results for American workers. NAFTA is an outdated agreement […]
Wyden, Pallone Warn Trump Administration Against Moving Forward on Harmful Medicaid Waivers
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and House Energy & Commerce Committee Ranking Member Frank Pallone, Jr., D-N.J., today warned the Trump Administration against moving forward on Medicaid waivers submitted by Kentucky and other states that violate the purpose of the Medicaid program by restricting care and creating barriers for […]
Wyden Statement at Finance Committee Hearing on Treasury Stonewalling, Treasury and HHS Nominees
The gods have a way of dropping Earth-shaking news right before Finance Committee hearings. This morning’s hearing is no different, and the news that broke last night about the prosecutions of two Trump associates now has ramifications for one of the nominations before the committee today. The president’s personal lawyer and his former campaign chairman […]
Wyden Calls for Improvements to Nursing Home Rating System
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today called on the federal government to improve the quality measures for adequate staffing that American seniors and their families use when selecting a nursing home. “Seniors and their families deserve to know what they’re getting when they select a long-term care provider, but […]
Wyden Issues Report on Wall Street Windfalls from Trump’s Tax Scam
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today released a Senate Finance Committee report highlighting how US banks received billions of dollars in tax windfalls as their profits reached historic highs. According to data from the Federal Deposit Insurance Corporation (FDIC), banks recorded $56 billion in profits in the first three […]
Wyden: Collins Indictment Highlights Corruption in Trump’s Washington
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., said today that the insider trading charges brought against Rep. Chris Collins should come as no surprise after the role he played peddling shares of Innate Immunotherapeutics, Ltd., to family, friends and political allies, which was uncovered during the nomination of disgraced former Secretary […]
Wyden Questions Top Sanctions Enforcer on Ties Between US, Russian Arms Manufacturers and Russian Oligarchs
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., this week asked the Office of Foreign Assets Control (OFAC) Acting Director Andrea Gacki whether OFAC is looking into possible relationships between US arms manufacturers and Russian arms manufactures with ties to sanctioned Russian nationals and oligarchs, including Alexander Torshin. Torshin, who reportedly has […]
Wyden Statement on Capital Gains Taxation & Treasury, IRS Nominees
The Finance Committee meets this morning to vote on the nominations of Justin Muzinich to be deputy secretary of the Treasury and Michael Desmond to be chief counsel at IRS. And colleagues, particularly on the Muzinich nomination, the debate changed completely with the breaking news from Treasury on Monday night. According to Treasury sources, the […]