Wyden Announces Finance Committee Hearing on Ultra-Wealthy Tax Avoidance Schemes
WASHINGTON, D.C. – Senate Finance Committee Chairman Ron Wyden, D-Ore., will convene a committee hearing on Thursday, November 9, 2023 to examine the schemes the ultra-wealthy rely on to legally get away without paying their fair share in taxes. The hearing will take place at 10:00 a.m. in Room 215 of the Dirksen Senate Office […]
Wyden, Crapo Release Discussion Draft of Mental Health, PBMs Package Ahead of November 8 Markup
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., and Ranking Member Mike Crapo, R-Idaho, today released a discussion draft including policies aimed at expanding mental health care under Medicaid and Medicare and reducing prescription drug costs for seniors at the pharmacy counter. The package also includes essential Medicaid and Medicare provisions that will […]
Wyden Statement at Finance Committee Hearing to Consider SSA Commissioner
This morning we are meeting to consider the nomination of Governor Martin O’Malley to be Commissioner of Social Security Administration. Before we get to Governor O’Malley, I want to welcome our most esteemed former colleague, a Giant of the Senate, and Maryland’s Matriarch, Barbara Mikulski. I have known Senator Mikulski for over 20 years, and […]
Readout of Briefing with IRS Commissioner Werfel
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today thanked Internal Revenue Service Commissioner Werfel, following a briefing on Tuesday evening about the agency’s plan to fixing biased audit algorithms that disproportionately targeted Black taxpayers. In the briefing, Commissioner Werfel confirmed that there’s a racial disparity in audit selection, which is partially driven […]
Wyden: IRS Budget Cuts Will Damage Efforts to Crack Down on Hamas Funding via Fake Charities, Cryptocurrency and other Schemes
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today asked the Internal Revenue Service to detail how proposed budget cuts would hamper efforts to crack down on funding for Hamas via fake charities, cryptocurrency and other schemes. “The horrific terrorist attacks in Israel on October 7, which left more than 1,400 innocent Israelis […]
Republican Plan to Gut IRS Enforcement In Israel Funding Bill
WASHINGTON, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today blasted the reported Republican plan to gut IRS enforcement funding as a condition of providing aid to Israel and Ukraine: “If Republicans had an ounce of shame they wouldn’t condition support for Israel and Ukraine on giveaways to wealthy tax cheats. Making aid to […]
Wyden Announces Finance Committee Hearing to Consider Social Security Commissioner Nomination
WASHINGTON, D.C. – Senate Finance Committee Chairman Ron Wyden, D-Ore., will convene a committee hearing on Thursday, November 2, 2023 to consider the Social Security Commissioner nomination. The hearing will take place at 10:00 a.m. in Room 215 of the Dirksen Senate Office Building. The following nominee is scheduled to testify: The Honorable Martin O’Malley, […]
Wyden, Finance Democrats Urge Further Action from CMS to Protect Seniors from Deceptive Marketing Scams in Medicare Advantage
Washington, D.C. – Senate Finance Committee Chairman Ron Wyden (D-Ore.) led Senate Finance Committee Democrats this week in sending a letter pressing the Centers for Medicare & Medicaid Services (CMS) to take additional steps to protect seniors from deceptive practices used by marketing middlemen in Medicare Advantage. “The marketing onslaught can create confusion among beneficiaries […]
Wyden, Bennet, Beyer Introduce Bicameral Bill to Overhaul Unemployment Insurance
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., Senator Michael F. Bennet, D-Colo., and U.S. Representative Don Beyer, D-Va., today introduced legislation to update and expand unemployment insurance so that the program better meets the needs of the modern workforce and is ready to respond should America face a future recession. “The past […]
Justice Thomas Did Not Repay Substantial Portion of $267,230 Loan, Finance Committee Investigation Reveals; Failed to Report Forgiven Debt on Ethics Filings, Raising Questions About Tax Compliance
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today made public new information raising questions about whether Supreme Court Justice Clarence Thomas properly reported up to $267,230 in loan forgiveness on his tax filings. According to information committee staff obtained through documents provided by Anthony Welters, who loaned Supreme Court Justice Clarence Thomas […]