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 […]
Wyden Statement on President Biden’s State of the Union Speech
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., released the following statement on President Biden’s State of the Union speech: “The president is absolutely right that the tax system in America is deeply unfair. There’s one set of rules that applies to people like nurses and firefighters who work for a living, and […]
Wyden Requests Drug Pricing Law Implementation Information
Important Provisions from the Inflation Reduction Act Have Gone Into Effect, Notably the Penalty for Drug Companies that Increase Prices Faster Than Inflation Finance Chairman Asks CMS for Details on When and How the Medicare Part B and Part D Inflation Rebates Will Be Implemented Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., […]
Wyden Statement on Chevron’s $75 Billion Stock Buyback
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., released the following statement on Chevron’s $75 billion stock buyback: “There were a lot of people who had to cut back on things like food, medicine, and travel with family when oil companies jacked up prices at the pump while pulling in record profits. It’s […]
Bipartisan Senate Finance Committee Leaders Call for Full Enforcement of USMCA to Ensure Americans Benefit from Trade Deal
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., and Ranking Member Mike Crapo, R-Idaho, called for the administration to continue to press for strong enforcement of the United States-Mexico-Canada Agreement (USMCA) to ensure American trading partners live up to their obligations, in a letter today to U.S. Trade Representative Katherine Tai. Wyden and […]
Wyden Statement on the Debt Limit
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., released the following statement on the debt limit: “Right now the U.S. has the strongest major economy in the world, the lowest unemployment in generations and steadily declining inflation. As of today, Republicans are holding all of that for ransom. “Republicans are threatening to tank […]