Wyden Statement on WTO Fisheries Subsidies Agreement
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., today issued the following statement on the United States formally accepting the World Trade Organization (WTO) Agreement on Fisheries Subsidies, a long-sought international deal that will help preserve the marine environment and support American fishing communities: “While there’s still more work to be done, this agreement […]
Wyden Statement on IRS Funding Plan
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today released a statement after the Treasury Department and Internal Revenue Service (IRS) released a funding plan to allocate the dollars set aside to bolster the agency’s ability to hold wealthy tax cheats accountable. “The plan released by the IRS and Treasury Department today shows […]
Wyden Hearing Statement at Finance Committee Hearing on Pharmacy Benefit Managers and the Prescription Drug Supply Chain
The Finance Committee meets this morning to continue our long-standing efforts to lower the cost of health care for taxpayers and patients. Today the committee focuses on pharmacy benefit managers – in particular the new strategies, like charging administrative fees tied to the price of a drug, that these multibillion dollar corporations have aggressively adopted […]
Wyden Investigation Finds Credit Suisse Complicit in Ongoing Tax Evasion by Ultra-Wealthy Americans
Senate Finance Committee Details Credit Suisse’s Role in an Ongoing, Potentially Criminal Tax Conspiracy Involving $100 Million in Undeclared Offshore Accounts In Response to Pressure from Committee Investigators, Credit Suisse Identifies 23 Additional Large, Undeclared Accounts Belonging to Ultra-Wealthy Americans each with Assets over $20 Million Washington, D.C. – Senate Finance Committee Chairman Ron Wyden […]
Senate Finance Committee Chair Wyden Expands Investigation of Auto Supply Chain Links to Forced Labor in Xinjiang, China
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., ramped up his investigation into auto supply chain links to forced labor in the Xinjiang region of China, with new questions for automakers and tier 1 suppliers in letters sent today. Importing goods made with forced labor is illegal under federal trade laws. Wyden sent […]
Wyden Announces Finance Committee Hearing on Pharmacy Benefit Managers and the Prescription Drug Supply Chain
WASHINGTON, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., will convene a committee hearing on Thursday, March 30, 2023 titled “Pharmacy Benefit Managers and the Prescription Drug Supply Chain: Impact on Patients and Taxpayers.” The hearing will take place at 10:00 a.m. in Room 215 of the Dirksen Senate Office Building. The witnesses […]
Wyden Hearing Statement at Finance Committee Hearing on the President’s Trade Agenda
This morning the Finance Committee is joined by Ambassador Tai to discuss the trade agenda for the year ahead. The Biden administration, from the get-go, had a difficult job to do with respect to trade. The Trump administration’s chaotic approach turned some of our trade rivals into outright adversaries, and many of our friends into […]
Wyden, Bennet Introduce Bill to Increase Access to Mental and Behavioral Health Care for Kids, Seniors, and Low-Income Americans
Washington, D.C. — Today, U.S. Senators Ron Wyden, D-Ore., Chairman of the Senate Finance Committee, and Michael Bennet, D-Colo., member of the Senate Finance Committee, introduced the Better Mental Health Care for Americans Act to expand access to mental and behavioral health care for Americans on Medicare, Medicare Advantage, Medicare Part D, and Medicaid. “Mental […]
Wyden Statement on HRSA Announcement Breaking Up Monopoly Contract for Organ Procurement Oversight
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., today issued a statement today after the Health Resources and Services Administration (HRSA) announced its intent to issue multiple contracts for the organ procurement and transplantation network (OPTN) contract, an important step towards breaking up a longstanding monopoly contract held by the United Network for […]
Wyden Hearing Statement at Finance Committee Hearing on the HHS Budget Proposal
The Finance Committee meets this morning with Secretary Becerra to discuss the year ahead for the Department of Health and Human Services. The President’s budget comes down to a simple proposition: helping working families and the middle class get ahead and reducing the deficit are not mutually exclusive. When it comes to health care, that […]