Wyden Statement on Mexican Forced Labor Ban
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., released the following statement on a new regulation in Mexico banning the import of products made with forced labor: “Mexico’s new rule barring the import of products made with forced labor is an important step to expunging this morally abhorrent and unfair trade practice from […]
Wyden Hearing Statement on Stopping Illegal Trade at the Border to Protect American Workers
Trade cheats in China and around the world are constantly looking for new ways to evade U.S. trade laws and rip off American jobs. They want to sell illegal products in America — goods made with forced labor, illegally harvested timber and products that steal American IP. Trade cheats are a grave threat to the American […]
Wyden Statement on CBO Debt Ceiling Projection
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., released the following statement on the Congressional Budget Office (CBO) Debt Ceiling Projection: “The country is getting closer to default, uncertainty is mounting, and it’s going to drag on our economy more and more with every passing week. There’s still only one way out of […]
Wyden Lauds New Proposal to Help Most Vulnerable in SSI
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today released a statement after the Social Security Administration (SSA) released a proposed rule to improve Supplemental Security Income (SSI) by eliminating food expenses from in-kind income, which will simplify administration of the program and increase benefits. “American families who count on Supplemental Security Income […]
Wyden Hearing Statement on Werfel IRS Nomination
The committee meets today to discuss Danny Werfel’s nomination for IRS Commissioner. I want to welcome Mr. Werfel back to the Finance Committee, where we know him well. I expect a large part of this hearing will focus on the IRS funding included in the Inflation Reduction Act. That’s where I’ll begin, and I want […]
Wyden Urges CMS to Finalize Proposed Consumer Protections in Medicare Advantage
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today called on the Centers for Medicare & Medicaid Services (CMS) to finalize a proposed rule that would enhance consumer protections in Medicare Advantage. “The Medicare Advantage program has provided Oregonians and Medicare beneficiaries around the country with value by offering plans that coordinate care […]
Finance Committee to Hold Hearing on Beefing Up Trade Enforcement to Protect American Workers
WASHINGTON, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., will convene a hearing on Thursday, February 16th, 2023, to hear testimony on “Ending Trade that Cheats American Workers By Modernizing Trade Laws and Enforcement, Fighting Forced Labor, Eliminating Counterfeits, and Leveling the Playing Field.” The hearing will take place at 10:30 a.m. in Room […]
Wyden Hails Biden Administration Steps to Implement Price Gouging Penalties in Medicare
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today released a statement after the Centers for Medicare & Medicaid Services (CMS) issued new guidance regarding the implementation of the Inflation Reduction Act’s inflation rebate provisions, which are aimed at preventing price gouging by drug companies and will help lower out-of-pocket costs for medications […]
Wyden, Crapo Announce Senate Finance Subcommittee Assignments
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., and Ranking Member Mike Crapo, R-Idaho, today announced subcommittee assignments, Joint Committee on Taxation membership and the designation of members to serve as Congressional Trade Advisors for the 118th Congress, which have been approved unanimously by the full committee: Subcommittee on Energy, Natural Resources, and […]
Finance Committee to Hold Hearing on Werfel Nomination to Lead IRS
WASHINGTON, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., will convene a hearing on Wednesday, February 15th, 2023, on President Biden’s nomination of Danny Werfel to serve as commissioner of the Internal Revenue Service. The hearing will take place at 10:30 a.m. in Room 215 of the Dirksen Senate Office Building “Mr. Werfel’s nomination comes […]