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Archives: (D)Press Releases

Wyden Hammers Need to Enforce Trade Agreements from Day One

WASHINGTON – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today hammered home the need to get trade enforcement right from the start, by taking the time to ensure foreign trading partners live up to their commitments in trade deals, in a committee hearing today. “My number one goal, when it comes to the cutthroat […]

Wyden Statement at Finance Committee Hearing on Trade Agreement Implementation

I believe deeply in the benefits of trade. In America, trade-related jobs often pay better than non-trade jobs. And there are going to be a billion middle class consumers in the developing world in 2025 with money to spend on American-made goods. So it’s my view that we have to make things here, add value […]

Senate Finance Democrats Call for Bipartisan Action to Solve Pension Crisis

WASHINGTON – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., along with all Senate Finance Democrats, today released a letter to Chairman Hatch calling for bipartisan action to help ensure hard working Americans can count on the pensions they have earned for economic security in retirement.   The multiemployer pension system is in a state […]

Wyden Statement at Finance Committee Hearing on Multiemployer Pension Plans

In this country, there is a longstanding principle of pension law that says you don’t take away benefits that workers have earned. But unless Congress acts soon, that guarantee is about to be broken. There are more than a thousand multiemployer pension plans around the country, and millions of Americans rely on them for economic […]

Wyden Praises U.S. Efforts to Crack Down on Illegal Timber from Peru

WASHINGTON – Sen. Ron Wyden, D-Ore., today praised U.S. trade enforcement officials for taking unprecedented new steps to crack down on illegally traded timber from Peru, following Wyden’s call for America to strengthen efforts to stop illegal logging overseas. “I am pleased that the United States is for the first time using these tools to […]

Wyden Lays Out Principles for Tax Reform

WASHINGTON – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today outlined his principles for tax reform in a speech to the Tax Policy Center at the Brookings Institution. Key excerpts can be found below, followed by the full text of Wyden’s remarks. On Republican Presidential Candidate Tax Proposals:  “If you hop online today and […]

Wyden Calls for Stop to Terrorist Financing through Anonymous Shell Companies

WASHINGTON – The Treasury must do everything possible to stop the flow of terrorist finances through anonymous shell companies, Senate Finance Committee Ranking Member Ron Wyden, D-Ore. wrote to Treasury Secretary Jacob Lew today. Anonymous shell companies – companies that have disguised their ownership – have been used for terrorist financing activities as well as […]

Wyden Praises President’s Signature of Strongest Trade Enforcement Package in Decades

President Obama Signs Wyden Bill Creating Tough New Tools For U.S. Agencies To Stop Illegal Trade; Protecting American Workers and Businesses from Foreign Trade Cheats; Closing Loophole that Allowed Imports of Goods Made with Slave Labor; Establishing Permanent Ban on Internet Access Taxes WASHINGTON – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today celebrated […]

Wyden Statement at Finance Committee Hearing on Opioids

Thank you, Chairman Hatch. As the committee that’s required to pay for the most important health programs in the nation, the Finance Committee needs to do its part to address the opioid crisis. In the coming years, Medicare and Medicaid are expected to account for over a third of substance abuse-related spending. That amounts to […]