Wyden Statement on GAO Reports on Unemployment Insurance
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., today released the following statement in response to a series of Government Accountability Office reports on the state of unemployment insurance: “While expanded jobless benefits saved millions of families from financial ruin during the pandemic, the GAO’s reports make clear the unemployment system is broken—both […]
Wyden Statement at Finance Committee Hearing with Treasury Secretary Janet Yellen
This morning the Finance Committee welcomes Treasury Secretary Yellen for a hearing on the budget. This is an important opportunity to discuss big economic challenges, so that’s where I’ll begin. I’m coming off a string of town hall meetings across my home state of Oregon, and everywhere I went, the number one topic of discussion […]
Wyden Statement on Suspension of Solar Trade Investigation
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., today issued the following statement, in response to the White House announcement that it would freeze new tariffs on foreign solar panels, even if the panels violated trade rules. The move means there will be no tariffs for two years under an ongoing Commerce Department […]
Media Advisory: Finance Committee to Hold Budget Hearing with Secretary Yellen
WASHINGTON, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., will convene a hearing on Tuesday, June 7, 2022, on President Biden’s fiscal year 2023 budget with Treasury Secretary Janet Yellen. The hearing will take place at 10:00 a.m. in Room 215 of the Dirksen Senate Office Building. The witness at Tuesday’s hearing will be: […]
Wyden, Crapo, Cardin, Thune Release Telehealth Policies for Mental Health Care Initiative
Washington, D.C. – Senate Finance Committee Chair Ron Wyden (D-Ore.), Ranking Member Mike Crapo (R-Idaho), Senator Ben Cardin (D-Md.) and Senator John Thune (R-S.D.) today released a discussion draft for telehealth policies as a part of the committee’s ongoing work to improve mental health care across the nation, which has included a public call for […]
Wyden Presses Trump Accounting Firm on Trump Taxes
Washington, D.C. – In response to the declaration by Mazars, former President Donald Trump’s longtime accounting firm, that a decade worth of financial statements should no longer be considered reliable, Senate Finance Committee Chair Ron Wyden, D-Ore., continued his oversight of former President Trump’s financial conflicts of interest, and compliance with tax laws. It is […]
Wyden Statement on Launch of Indo-Pacific Economic Framework
Washington, D.C. — Senate Finance Committee Chair Ron Wyden, D-Ore., today issued the following statement, praising President Biden’s announcement of new discussions with economic partners in the Indo-Pacific region to strengthen supply chains and create a more resilient economy for American workers and families. “The Indo-Pacific Economic Framework is a chance for the U.S. and […]
Wyden Statement on GAO Report on Tax, Demographic Data
Washington, D.C.—Senate Finance Committee Chair Ron Wyden, D-Ore., today released the following statement in response to a Government Accountability Office report he requested, Tax Equity: Lack of Data Limits Ability to Analyze Effects of Tax Policies on Households by Demographic Characteristics: “Policy is most often made through the tax code, but we don’t have concrete […]
Wyden Launches Investigation Of Abbot Tax, Stock Buyback Practices
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today launched an investigation into Abbott’s tax practices, and whether the company used its windfall from Republicans’ 2017 tax cuts to enrich executives and shareholders, rather than ensure the safety of the manufacturing plant that produces infant formula. Since the passage of the 2017 Republican […]
Wyden, Portman Introduce Bipartisan Bill to Disallow Foreign Tax Credits and Other Tax Benefits for Companies Operating in Russia
Washington, D.C.—Senate Finance Committee Chair Ron Wyden, D-Ore., and Senate Finance Committee Member Rob Portman, R-Ohio, today introduced legislation to disallow Foreign Tax Credits for companies that pay taxes to the Russian government, and other tax benefits. “American taxpayers should not subsidize the Russian war machine. Vladimir Putin continues to bomb civilians, and credible reports […]