Wyden, Grassley, Cardin, Young Raise Alarm Over Dramatic Increase in Pancreata Procurement

Washington, D.C. – Senate Finance Committee Chair Ron Wyden (D-Ore.), and Senate Finance Committee members Chuck Grassley (R-Iowa), Ben Cardin (D-Md.), and Todd Young (R-Ind.), today announced a new effort raising concerns about organ procurement organizations (OPOs) exploiting a loophole to falsely inflate their performance after the number of pancreata procured doubled in 2021. “We […]

Wyden Statement on Treasury Guidance on CHIPS Act Tax Incentives

Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., today issued the following statement: “When the supply chains for semiconductors broke down early on in the pandemic, it became alarmingly clear that the U.S. needed to launch a revival of chip manufacturing here at home. That’s what I designed the tax incentives in the […]

Wyden Announces Hearing with United States Trade Representative Tai

WASHINGTON, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., will convene a committee hearing on Thursday, March 23, 2023 on “The President’s 2023 Trade Policy Agenda.” The hearing will take place at 10:00 a.m. in Room 215 of the Dirksen Senate Office Building. The witness at Thursday’s hearing will be: The Honorable Katherine C. […]

Wyden Hearing Statement on the Treasury Budget Proposal

This morning the Finance Committee welcomes Treasury Secretary Janet Yellen for a hearing on the president’s budget proposal.  Everyone here, regardless of political stripe, understands that the FDIC, the Fed and the Treasury Department are putting in long hours to contain the fallout of the recent bank closures. The process is moving forward under existing […]

Wyden Cheers Lower Drug Costs for Seniors Due to Inflation Rebate

Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today cheered a Biden administration announcement showing that seniors will pay less for 27 drugs in Medicare Part B due to the Inflation Reduction Act’s inflation rebate policy, which penalizes drug manufactures when they increase prices faster than the rate of inflation. “Today’s news is […]

Wyden Announces Budget Hearing with HHS Secretary Becerra

WASHINGTON, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., will convene a committee hearing on Wednesday, March 22, 2023 on “The President’s Fiscal Year 2024 Health and Human Services Budget.” The hearing will take place at 10:00 a.m. in Room 215 of the Dirksen Senate Office Building. The witness at Wednesday’s hearing will be: […]

Wyden, Lummis, Van Hollen Call on Biden to Support Cuba Entrepreneurs and Small Businesses

Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., Senator Cynthia Lummis, R-Wyo., and Sen. Chris Van Hollen, D-Md., called on President Biden to foster development of small businesses and entrepreneurs in Cuba that offer an alternative to state-controlled industry, by easing U.S. financial restrictions targeting those players, in a letter sent today. “Small, […]

Wyden and Tester Lead Senate Letter Highlighting Lower Drug Costs for Seniors

Washington, D.C. – Senate Finance Committee Chair Ron Wyden (D-Ore.) and Senator Jon Tester (D-Mont.) joined 20 senators in a request to the Biden administration to publicize the effect of the Inflation Reduction Act’s Medicare Part B inflation rebate on coinsurance in the program. “We strongly urge CMS to provide the following information quickly to […]

Wyden and Crapo Call on Biden Administration to Fight EU Digital Trade Policies that Discriminate against U.S. Workers and Employers

Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., and Ranking Member Mike Crapo, R-Idaho, called on the Biden Administration to work with the European Union to address the discriminatory aspects of EU digital regulations that target a handful of American companies while failing to regulate similar companies based in Europe, China, Russia and […]

Wyden Statement on Werfel Confirmation

Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., today issued the following statement after the Senate confirmed Danny Werfel to serve as IRS Commissioner: “For Mr. Werfel to get bipartisan support to lead the IRS at a time when a lot of Republicans would happily mothball the entire agency is a testament to […]