Wyden Continues Swiss Bank Investigation Following Indictment of American Credit Suisse Client on Tax Evasion Charges
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., continued his investigation of swiss banks abetting tax evasion by U.S. citizens today with a letter to the CEO of UBS Group AG seeking records and information on accounts belonging to a U.S. citizen named Douglas Edelman, who was recently indicted for tax evasion on […]
Wyden Urges Committee Approval of U.S. Tax Court Nominees
The Finance Committee meets this morning to vote on three nominations. Jeffrey Arbeit, Cathy Fung, and Benjamin Guider are all nominated to serve as judges of the United States Tax Court. I’ll have brief remarks on each nominee before I turn it over to Senator Crapo. The tax court is an essential feature of our […]
Wyden Urges Senate Support for Tax Court Nominees
I come to the floor today to once again voice my strong support for the nominations of Adam Landy and Kashi Way to serve as judges of the United States Tax Court. The Senate will be voting on their nominations soon. Mr. Way’s in just a few minutes, and Mr. Landy’s later this afternoon. The […]
Wyden, Senators Propose Criminal Penalties, Consumer Protections to Stop Rogue Health Insurance Brokers
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., and five senators today introduced a bill to apply criminal penalties to rogue insurance brokers who are changing Americans’ Affordable Care Act (ACA) marketplace plans without their knowledge or consent, and take other steps to strengthen consumer health insurance protections. “Predatory health insurance brokers are […]
Wyden Statement on New Biden-Harris Administration Affordable Housing Initiative
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., today issued the following statement on President Biden’s announcement of new actions to lower housing costs in America: “The Biden-Harris administration is absolutely right that the key to solving our affordable housing crisis in America is to build, build, build. Donald Trump had four years […]
Wyden Hearing Statement on Tax Court Nominations
The Finance Committee meets this morning to discuss three nominations to the U.S. Tax Court. I’ll begin with Jeffrey Arbeit, who has served for nearly a decade as a legislation counsel with the staff of the Joint Committee on Taxation. His work there focuses on some of the most complicated areas of tax law, including […]
Wyden, Crapo Lead Introduction of Bipartisan Bill to Improve Unemployment Insurance
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., Ranking Member Mike Crapo, R-Idaho, and 10 Senate cosponsors introduced bipartisan legislation today that would make key improvements to the nation’s unemployment insurance system. The legislation, titled the Unemployment Insurance Integrity and Accessibility Act, would focus on program administration and integrity to combat fraud and […]
Wyden Renews Call for PBM Reforms Needed to Lower Drug Prices and Increase Access Following New FTC Report
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today issued a statement after the Federal Trade Commission (FTC) released an interim report on pharmacy benefit managers (PBMs) and their impact on the access and affordability of prescription drugs. “Middlemen are right at the heart of Americans’ frustration with the health care system: high […]
Wyden and Whitehouse Ask Attorney General to Appoint Special Counsel to Investigate Potential Ethics and Tax Law Violations by Justice Clarence Thomas and His Benefactors
Washington, D.C. — U.S. Senators Ron Wyden, D-Ore., chairman of the Senate Finance Committee, and Sheldon Whitehouse, D-R.I., chairman of the Judiciary Subcommittee on Federal Courts sent a letter to Attorney General Merrick Garland last week requesting the appointment of a Special Counsel to investigate potential violations of ethics, false statement, and tax laws by […]
Wyden Statement at Finance Committee Hearing on Need for Congress to Address America’s Child Care Crisis
It seems like a perfect time to take stock of our priorities, especially when it comes to the wellbeing of working families. Firefighters, nurses, and scores of other hard working Americans all have something in common: they pay taxes with every paycheck, but millions of families can’t afford a basic necessity like child care. Contrast […]