Wyden Appoints David Wilkinson to the Federal Commission on Social Impact Partnerships
Washington, D.C. – Senate Finance Committee Chairman Ron Wyden, D-Ore., today proudly announced his selection of David Wilkinson to serve as a member of the Federal Commission on Social Impact Partnerships. Wilkinson is Executive Director of The Tobin Center for Economic Policy at Yale. “David Wilkinson is a dedicated leader in evidence-based policy, innovative finance, […]
Wyden Statement on O’Malley Nomination to Lead Social Security
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today issued a statement after President Biden announced the nomination of Governor Martin O’Malley to be commissioner of the Social Security Administration. “Social Security needs a confirmed commissioner in order to ensure Americans are receiving the best service possible for their earned Social Security benefits,” Wyden […]
Wyden Statement at Finance Committee Markup of the Modernizing and Ensuring PBM Accountability Act
The Finance Committee has convened today to vote on a set of proposals that will modernize federal prescription drug programs and put a stop to practices by pharmacy benefit managers that are driving up drug costs for patients and taxpayers. Pharmacy benefit managers are the middlemen between your health insurance and drug makers that virtually […]
Wyden Introduces Bills Revoking PGA Tour’s Tax Exemption, Saudi Public Investment Fund’s Special Tax Break
Washington, D.C. – With the surprise merger between the PGA Tour and the Saudi Public Investment Fund (PIF) pending, Senate Finance Committee Chairman Ron Wyden (D-Ore.) today introduced legislation that would revoke the PGA Tour’s tax exemption and deem the PIF ineligible for a lucrative tax break that applies to sovereign wealth funds. “Most of […]
Wyden Requests Information from Lear Co. Regarding Reports of Amazon Deforestation and Potential Links to Forced Labor in Supply Chains
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., requested in a new letter that Lear Co., the nation’s largest car seat manufacturer, explain how it oversees leather supply chains in Brazil to prevent the illegal importation of goods made with forced labor or deforestation. Environmental groups and journalists have documented widespread forced labor […]
Finance Committee Releases Chairman’s Mark Ahead of Wednesday PBM Markup
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., and Ranking Member Mike Crapo, R-Idaho, today released the Chairman’s Mark of the Modernizing and Ensuring PBM Accountability (MEPA) Act, bipartisan legislation aimed at updating federal prescription drug programs to address pharmacy benefit manager practices that have grown increasingly complex and opaque in recent years […]
Wyden Unveils Ongoing Investigation Into Private Equity Billionaire Leon Black’s Tax Planning and Financial Ties with Jeffrey Epstein
Washington, D.C. – Senate Finance Committee Chairman Ron Wyden (D-Ore.) today unveiled an ongoing investigation into the tax and estate planning of Apollo Global Management Co-founder Leon Black and his financial dealings with Jeffrey Epstein, who advised Black on those matters. The investigation has uncovered serious tax issues and other concerns with trusts and structures […]
Wyden Demands Answers from Social Security Watchdog After Declining Performance, Whistleblower Retaliation
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., sent a letter to Social Security Administration (SSA) Inspector General Gail Ennis regarding a series of complaints from current and former staff about the management of the office as the watchdog for Social Security. “The Finance Committee has received complaints from current and former staff […]
Wyden Statement at Finance Committee Health Subcommittee Hearing on Organ Transplantation Reform
Today’s Health Subcommittee hearing marks an important continuation of the Finance Committee’s work to improve the organ transplantation system so it works on behalf of all Americans and their families who are in desperate need of a life-saving organ. Chairman Cardin has been a tireless champion for this cause and I look forward to continuing […]
Senate Finance Committee Leaders Praise Passage of Bill to Approve Taiwan Trade Agreement
Washington, D.C. – Senate Finance Committee Chairman Ron Wyden, D-Ore., and Ranking Member Mike Crapo, R-Idaho, today praised the Senate’s passage of their legislation to approve the first trade agreement signed under the U.S.-Taiwan Initiative on 21st-Century Trade and set robust transparency and consultation requirements for any future agreements negotiated under the initiative. The bill, […]