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 […]
Wyden Announces Finance Committee Hearing on Reducing the Prevalence of Ghost Networks
WASHINGTON, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., will convene a committee hearing on Wednesday, May 3, 2023 titled “Barriers to Mental Health Care: Improving Provider Directory Accuracy to Reduce the Prevalence of Ghost Networks.” The hearing will take place at 10:00 a.m. in Room 215 of the Dirksen Senate Office Building. The […]
Wyden Reintroduces Legislation Requiring Presidents and Presidential Nominees to Publicly Release Tax Returns
Washington, D.C. – Senate Finance Committee Chairman Ron Wyden, D-Ore., today introduced the Presidential Audit and Tax Transparency Act, legislation that would require sitting presidents and the presidential nominees of major parties to release their tax returns to the public. The bill would also mandate an annual audit of the sitting president’s tax returns, the […]
Wyden Letter to Harlan Crow Seeks Complete Account of Gifts to Justice Clarence Thomas
Washington, D.C. – Following revelations that Republican billionaire megadonor Harlan Crow has reportedly lavished Supreme Court Justice Clarence Thomas and his family with highly valuable gifts and travel over decades, Senate Finance Committee Chairman Ron Wyden (D-Ore.) today wrote to Crow asking for a complete account of those gifts and evidence that Crow complied with […]
Wyden, Crapo Release Legislative Framework to Address PBMs, Prescription Drug Supply Chain
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., and Ranking Member Mike Crapo, R-Idaho, today released a bipartisan framework that the committee will use to pursue legislative solutions to modernize and enhance federal prescription drug programs, with the goal of reducing drug costs for patients and taxpayers. “For years, drug pricing middlemen like […]
Wyden Statement on McCarthy Debt Ceiling Proposal
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., today issued the following statement on the House Speaker Kevin McCarthy’s debt ceiling proposal: “It’s clear that nothing unites House Republicans more than helping rich people cheat on their taxes. Republican cuts to the IRS made it far too easy for wealthy tax cheats to get […]