Wyden, Portman Release 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 released a discussion draft of legislation to disallow Foreign Tax Credits for companies that pay taxes to the Russian government, and other tax benefits. “We have bipartisan agreement on policies to ensure American taxpayers are not subsidizing the […]
Wyden Praises Agreement on Legislation To End Normal Trade Relations With Russia
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today praised a new bipartisan agreement to end normal trade relations with Russia, following weeks of delay by Republican senators. “With every passing day, there are horrific new stories about Russia’s brutality in Ukraine. Civilians slaughtered with their hands tied behind their backs. Corpses bearing […]
Wyden Statement at Finance Committee Hearing Examining the President’s 2023 HHS Budget
The Finance Committee meets this morning with Secretary Becerra to discuss the year ahead for the Department of Health and Human Services. There’s a lot to cover, so I’ll quickly tick through a handful of issues. First, on telehealth. This committee began to open the door to telehealth in Medicare in the CHRONIC Care Act […]
Senator Wyden Continues Investigation into Big Pharma Tax Practices
Washington, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., today continued his investigation into Big Pharma’s tax practices, and how loopholes in the tax code have allowed large multinational corporations headquartered in the U.S. to further abuse tax havens and avoid paying U.S. taxes on prescription drug sales. While U.S. sales account for 46 […]
Media Advisory: Finance Committee to Hold Hearing with IRS Commissioner Rettig
WASHINGTON, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., will convene a hearing on Thursday, April 7, 2022, on the IRS, President Biden’s fiscal year 2023 budget, and the 2022 filing season. The hearing will take place at 10:15 a.m. in Room 215 of the Dirksen Senate Office Building. The witness at Thursday’s hearing […]
Finance Committee to Hold Hearing on the President’s Health and Human Services Budget
WASHINGTON, D.C. – Senate Finance Committee Chair Ron Wyden, D-Ore., will convene a hearing on Tuesday, April 5, 2022, on the President’s fiscal year 2023 Department of 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 Tuesday’s hearing will […]
Wyden Statement on Trump Requesting Political Favors from Putin
Washington, D.C.— Senate Finance Committee Chair Ron Wyden today released the following statement on Donald Trump requesting political favors from Vladimir Putin and Senate Republicans resurrecting their innuendo-filled investigation to benefit Donald Trump. “As Vladimir Putin wages an unprovoked war in Europe, Donald Trump has again explicitly requested Putin’s help winning the next election. Trump […]
Wyden Statement at Finance Committee Hearing Examining the President’s 2022 Trade Policy Agenda
The biggest trade and economic security stories in the world today are Russia and China. Their governments are united in putting up barriers to American products and American values. Since Putin launched his unprovoked invasion of Ukraine, the U.S. and our allies have hit Russia, Putin and his circle of oligarchs with the most powerful […]
Wyden Delivers Floor Remarks on the Nomination of January Contreras to Serve as HHS Assistant Secretary for Children and Families
Mr. President, the Senate will soon vote on an important nomination to the Department of Health and Human Services. January Contreras is President Biden’s choice to serve as Assistant Secretary for Children and Families. When she’s confirmed and sworn in, Ms. Contreras will oversee programs that are all about caring for some of the most […]
Wyden Statement at Finance Committee Hearing Examining Barriers to Mental Health Care
The Finance Committee meets for our third hearing on mental health care this year, and we’ll begin with mental health parity. For 13 years, the parity law has required equal treatment by insurance companies of mental health care and physical health care. That law was the result of the efforts of the late Senators Wellstone […]