Wyden Alarmed By Dramatic Rise of Illicit Fentanyl

WASHINGTON – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today expressed alarm following the release of a report by the Drug Enforcement Administration (DEA) detailing the marked increase in illicit fentanyl, a synthetic opioid used in counterfeit painkillers, encountered by law enforcement around the country. The report comes following a letter to Acting Administrator […]

Wyden Comments On Justice Department Requirements For Beer Merger

WASHINGTON – Following the announcement today by the Department of Justice (DOJ) to impose new requirements on the proposed merger between beer makers Anheuser-Busch InBev and SABMiller, Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement: “Today’s announcement by the DOJ is an important first step in recognizing the need to protect […]

Wyden Announces Tax Leadership Team

WASHINGTON – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today announced his new tax leadership team for the Committee. Together Victor Fleischer and Tiffany Smith will co-lead tax reform efforts. “I’m thrilled that two of the top tax pros are teaming up to lead our efforts to radically simplify the tax code,” said Wyden. “Victor is a true […]

Wyden Introduces Bill to Stop Private Prisons from Exploiting Tax Incentives for Profit

WASHINGTON – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today introduced legislation that would limit the ability of private companies that operate prisons to take advantage of special tax rules for Real Estate Investment Trusts (REITS) — U.S. corporations that invest in real estate.  “I am very concerned that the U.S. prison system has become a […]

Senate Can and Must Pass Legislation to Keep Families Together

WASHINGTON – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today said the Senate “can and must” pass the bipartisan Family First Prevention Services Act when Congress returns to its legislative agenda in the fall. “The weight of the status quo is severe, and it falls heaviest on the thousands of foster kids living in quiet struggle,” Wyden […]

Wyden Statement on Passage of CARA Opioid Legislation

Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today offered a statement following the passage of the Comprehensive Addiction and Recovery Act of 2016 (CARA), which authorizes programs to address the nation’s epidemic of opioid abuse: “The bill now going to the President’s desk is no more than a half measure,” Wyden said. “If Congress […]

Wyden Statement on New USTR Case Targeting Chinese Trade Restrictions

Today the United States launched a new trade case challenging export restrictions China maintains on nine raw materials used by American manufacturers across a wide range of sectors, including aerospace, automotive, and electronics. Senate Finance Committee Ranking Member Ron Wyden, D-Ore., praised the action and urged the administration to continue using all available tools to […]

Wyden Introduces Bill To Help First Time Homebuyers

WASHINGTON – Responding to the soaring cost of housing in Oregon and across the United States, Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today introduced a bill aimed at helping individuals and families purchase their first home.    Under his proposal, first time homebuyers will receive up to a $10,000 refundable tax credit.   This credit would […]