Wyden, Neal Introduce Bill to Crack Down on Mega Retirement Account

Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden (D-Ore.) and House Ways and Means Committee Ranking Member Richard E. Neal (D-Mass.) introduced new legislation today to prevent ultra-wealthy individuals from abusing tax-preferred retirement accounts such as IRAs and 401(k)s as tax shelters. The proposal would prevent the accumulation of massive fortunes inside mega-retirement […]

Wyden Statement on Trump’s New, Unprecedented Tariffs on Canadian Goods

Washington, D.C. — Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement after the Trump Administration announced it will impose 50 percent tariffs on nearly $20 billion in imports from Canada, from clothes and school supplies to home goods and alcoholic beverages: “Donald Trump has abused every trade authority at his […]

Wyden Statement at Hearing on Trump Treasury Nominees

The Finance Committee returns this morning to consider a slew of unqualified Trump nominees. All four of today’s nominees have been chosen to serve at the Treasury Department. The epicenter of Donald Trump’s corruption and self dealing for the last year and a half, with Scott Bessent at the helm. First up is S.P. Kothari […]

Wyden, Neal Oppose Giving Trump New, Unilateral Tariff Power in Sanctioning Russia Act

Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and House Ways and Means Committee Ranking Member Richard Neal, D-Mass., announced their opposition to granting Donald Trump massive new tariff authority as part of the Sanctioning Russia Act, in a joint statement today. “There is no question that the U.S. government must take […]

Wyden Statement at Executive Session on ITC Nominees

It is virtually unheard of for me to support Donald Trump’s nominees. However, in this case, I intend to support a slate of nominees from both parties to do the hard work of the International Trade Commission. That means enforcing trade laws and standing up for American manufacturers and farmers. I am particularly glad to […]

Wyden Accuses RFK Jr. of Unlawful Interference in Congressional Elections

Letter to the Office of Special Counsel (PDF) Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today filed a Hatch Act complaint accusing Department of Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. of unlawful political interference in congressional elections, after recordings emerged revealing conversations to convince third-party candidates to […]

Wyden Statement on Federal Ruling on Trump Audit Immunity Deal

Washington, D.C. — Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement after a federal judge barred Trump from using his lawsuit against the Internal Revenue Service and subsequent settlement to claim extraordinary amnesty from investigations into the tax returns of himself, his family and their associated businesses. “Today’s decision rightly […]