Wyden Statement on Junk Plans Final Rule
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued a statement after the Trump Administration issued its final Short-Term Limited Duration Plan rule, which would give insurance companies greater authority to sell junk plans that do not comply with current law consumer protections, such as pre-existing condition protections: “By giving the green light to […]
Wyden Statement on GAO Report, Estimate that 30 Million Taxpayers will be Underwithheld Next Year
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement in response to the Government Accountability Office’s (GAO) independent review showing Treasury’s projection that 21 percent of taxpayers will owe more in taxes in 2019 due to underwithholding: “This nonpartisan report is an alarm bell for the nearly 30 million households that […]
Wyden Statement on Treasury and IRS Nominees, Administration Stonewalling, and Dark Money
The Finance Committee meets this morning to consider the nominations of Justin Muzinich to be deputy secretary of the Treasury and Michael Desmond to be chief counsel at IRS. I’ll begin my remarks with this: This committee is facing levels of stonewalling from the administration on letters and policy issues that I never expected I’d […]
Democrats Call on Republicans to Drop Harmful Plan Discriminating Against Potential Foster or Adoptive Parents and Youth in Foster Care
WASHINGTON – U.S. Sen. Ron Wyden, D-Ore., the top Democrat on the Senate Finance Committee, today led 39 Senate Democrats in an effort to stop congressional Republicans from promoting discrimination against LGBTQ Americans seeking to be foster or adoptive parents. In a letter to Senate appropriators, the senators slammed a House Republican proposal passed earlier […]
Wyden Statement on House Republican Tax Framework
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement regarding the release of the Ways and Means Committee’s tax framework: “The House Republican framework doubles down on massive breaks for the rich and sweeteners for high fliers while trying to cover up the broken middle-class promises from their first tax law.” […]
Finance Committee Democrats Seek Financial Information on NRA-Linked Maria Butina
Washington, D.C. – Following the arrest of NRA-linked Russian national Maria Butina, Senate Finance Committee Ranking Member Ron Wyden, D-Ore, along with Senate Finance Committee members Bob Menendez, D-N.J., and Sheldon Whitehouse, D-R.I., requested financial information from the Treasury Department as it relates to the NRA, Alexander Torshin and Butina. Butina was charged last week […]
Wyden Statement on IRS Commissioner Nomination and the Trump Administration’s Pro-Dark Money Policy
The Trump administration has taken a qualified nominee and dumped him right in the middle of a dark-money political firestorm of their own creation. And a radical change in tax law regarding transparency and disclosure has dragged the IRS and Treasury into a swirling set of questions about the president’s foreign financial ties and motivations. […]
Wyden Report Details Truth Behind Republican, Trump Claims that Tax Scam Helps Workers, Increases Investment in U.S.
Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today released a Senate Finance Committee report that explores how Trump’s tax scam rewards multinational corporations, not workers, which will lead to fewer jobs here at home. The report debunks false claims made by Republicans and Trump, and lists tactics multinational corporations will use […]
Wyden Statement on Treasury Department Announcement to Protect Dark Money Donors
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement regarding the Treasury Department’s announcement late Monday to allow nonprofits to keep the identities of their donors from U.S. tax authorities: “Trump’s Treasury Department made it easier for anonymous foreign donors to funnel dark money into nonprofits the same day a Russian […]
Wyden Statement on Treasury Department Announcement to Protect Dark Money Donors
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement regarding the Treasury Department’s announcement late Monday to allow nonprofits to keep the identities of their donors from U.S. tax authorities: “Trump’s Treasury Department made it easier for anonymous foreign donors to funnel dark money into nonprofits the same day a Russian […]