Wyden, Warren Release New Data Showing Big Pharma, Tech, Apparel Companies Pay Corporate Minimum Tax
Republicans misleadingly claim that ‘American manufacturers’ pay half of corporate minimum tax to shield well-known tax dodgers operating offshore Washington, D.C.—In response to Finance Committee Republicans release of misleading data suggesting the corporate minimum tax was primarily a tax on “American manufacturers,” Senate Finance Committee Chair Ron Wyden, D-Ore., and Senator Elizabeth Warren, D-Mass., today […]
Wyden Statement at Finance Committee Hearing to Consider USTR Chief Agricultural Negotiator Nominee
The committee meets this morning to discuss the nomination of Mr. Doug McKalip to serve as the Chief Agricultural Negotiator within the Office of the United States Trade Representative. Mr. McKalip brings nearly 30 years of federal public service to his nomination, including in a variety of roles focused on ag policy and the well-being […]
Finance Committee to Hold Hearing on the Need to Fix the Organ Transplant System
WASHINGTON, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., will convene a hearing on Wednesday, August 3, 2022, to address the need to repair the U.S. organ procurement and transplant system. The hearing will take place at 2:30 p.m. in Room 215 of the Dirksen Senate Office Building. The witnesses at Wednesday’s hearing will […]
Wyden Demands Merck, Abbot Comply with Senate Finance Committee Investigation
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today demanded Merck and Abbott comply with the Senate Finance Committee’s investigation into the tax practices of Big Pharma. The companies have thus far stonewalled the committee and refused to provide specific information related to where it books profits from U.S. drug sales. This includes […]
Schumer, Wyden, Booker Introduce Cannabis Administration And Opportunity Act
The Comprehensive Legislation Would End Federal Cannabis Prohibition By Removing Cannabis From The Controlled Substances Act; Empower States To Create Their Own Cannabis Laws; Ensure Federal Regulation Protects Public Health And Safety; And Prioritize Restorative And Economic Justice Senators Refined And Expanded Their Discussion Draft Released Last Year After Receiving More Than 1,800 Comments And Working With Various Senate Committees Cannabis Administration And Opportunity Act: Text Can Be […]
Wyden, Brown, Casey Urge Social Security to Include Children in Eligibility Outreach Programs
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., Social Security, Pensions, and Family Policy Subcommittee Chair Sherrod Brown, D-Ohio, and Senate Special Committee on Aging Chair Bob Casey, D-Pa., today urged the Social Security Administration (SSA) to incorporate children in ongoing outreach efforts, to help families eligible for Supplemental Security Income (SSI). “We […]
Wyden Urges Senate Passage of Incentives for American Chips Manufacturing
Mr. President, the Senate has begun a debate on critical legislation dealing with the shortage of computer chips and chip production in America. I come from a state that’s a leader in tech innovation, not just for the U.S. but for the whole world. Oregonians know how important it is to invest and make sure […]
Wyden Statement on CHIPS Package
Washington, D.C.— Senate Finance Committee Chair Ron Wyden, D-Ore., today released the following statement on the inclusion of his Investment Tax Credit in the bipartisan CHIPS package: “Our incentives to produce chips here at home are a big win for American companies, consumers, and workers. Shortages and supply chain problems have shown the importance of […]
Wyden Statement at Finance Committee Hearing on Affordable Housing Tax Incentives
The Finance Committee meets this morning to discuss housing. This hearing comes at a time when Americans’ are getting clobbered by climbing rents and home prices, key drivers of inflation. Data released last week showed that rents increased in June at the fastest rate since 1986. Buying a home is also getting more expensive. Many […]
Wyden Statement on U.S. Requesting Consultations Over Mexico’s Protectionist, Fossil Fuel-Promoting Energy Policies
Washington, D.C.— Senate Finance Committee Chair Ron Wyden, D-Ore., today released the following statement on the United States requesting dispute settlement consultations with Mexico under the United States-Mexico-Canada Agreement (USMCA): “Mexico’s protectionist energy policies are a one-two punch against economic and environmental progress. As I discussed with Ambassador Tai in our March hearing, Mexico is […]