Wyden Statement on New Solar Domestic Content Rules
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today issued the following statement on the Treasury Department’s new proposed regulations pertaining to solar domestic content requirements under the Inflation Reduction Act: “America’s solar energy supply chain is only beginning to recover after the Chinese government and others nearly wiped out solar manufacturing in this […]
Wyden Hearing Statement on Big Pharma’s Tax Avoidance Schemes
The Finance Committee meets this morning to discuss the highly intricate tax schemes of some of the largest U.S. pharmaceutical companies, and the immense handouts those companies got from the 2017 Republican tax law. In short, it goes like this. When most Americans travel to some faraway land, they get a sun tan. When Big […]
Wyden Releases New Findings in Ongoing Pharma Tax Investigation
Washington, D.C. – Senate Finance Committee Chairman Ron Wyden (D-Ore.) today released a new Democratic staff memorandum with updated findings from his ongoing investigation into Big Pharma’s tax practices. The memorandum reveals for the first time the full extent of the tax break Republicans handed Big Pharma in their 2017 tax law: Big Pharma’s average […]
Wyden, Crapo, Neal, Smith Announce Bipartisan, Bicameral Effort to Extend Tax Preferences to Taiwan
WASHINGTON, DC— Senate Finance Committee Chairman Ron Wyden (D-OR), Senate Finance Committee Ranking Member Mike Crapo (R-ID), House Ways & Means Committee Ranking Member Richard E. Neal (D-MA), and House Ways & Means Committee Chairman Jason Smith (R-MO) released the following statement on a bipartisan, bicameral effort to alleviate double taxation between the United States […]
Wyden Statement on Harlan Crow Stonewalling Committee Inquiry
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today issued the following statement in response to the letter he received from an attorney representing billionaire Republican activist Harlan Crow: “I was disappointed but unsurprised by billionaire Republican activist Harlan Crow’s refusal to respond to my questions about the gifts he’s lavished on Justice […]
Wyden Announces Finance Committee Hearing on Big Pharma’s Tax Avoidance Schemes
WASHINGTON, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., will convene a committee hearing on Thursday, May 11th, 2023 titled “Cross-border Rx: Pharmaceutical Manufacturers and U.S. International Tax Policy.” The hearing will take place at 10:00 a.m. in Room 215 of the Dirksen Senate Office Building. The witnesses at Thursday’s hearing will be: Brad […]
Wyden Statement on Harlan Crow’s Gifts to Clarence Thomas
Washington, D.C. — U.S. Senator Ron Wyden, D-Ore., today issued the following statement on a new report by ProPublica of billionaire Republican activist Harlan Crow’s financial largesse benefitting Supreme Court Justice Clarence Thomas and his family: “With every new revelation in this case, it becomes clearer that Harlan Crow has been subsidizing an extravagant lifestyle […]
Wyden Calls for Action to Get Rid of Ghost Networks, Releases Secret Shopper Study
Wyden’s Full Remarks from Finance Hearing on Ghost Networks Below, As Prepared for Delivery Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today released findings for a secret shopper study conducted by the committee majority staff, as a part of his efforts to address ghost networks, which are inaccurate health provider directories that […]
Wyden Statement on Avoiding Default
Washington, D.C. — U.S. Senator Ron Wyden, D-Ore., today issued the following statement after Treasury Secretary Janet Yellen notified Congress that the U.S. could default as soon as June 1st: “A catastrophic default that would wipe out millions of jobs and crater the American economy is potentially just weeks away, and it’s a crisis manufactured by […]
Wyden Statement on House Passage of McCarthy Debt Ransom Bill
Washington, D.C. — U.S. Senator Ron Wyden, D-Ore., today issued the following statement after House Republicans passed Speaker McCarthy’s Default Ransom Proposal. “A bill that helps rich people get away with tax cheating and pays for it by cutting health care and increasing child hunger is not a good-faith effort to address our fiscal health, it’s […]