UnitedHealth Group CEO takes bipartisan heat in Senate hearing over cyberattack

UnitedHealth Group CEO Andrew Witty took fire from both sides of the aisle Wednesday during his testimony before the Senate Finance Committee on the cyberattack on Change Healthcare, a subsidiary of his company. Senate Finance Chair Ron Wyden (D-Ore.) made it clear straight out of the gate that he blamed Witty’s leadership for the cyberattack, … Read more

Senate Finance chair says hearing on Change Healthcare cyberattack is coming

Sen. Ron Wyden (D-Ore.), chair of the Senate Finance Committee, said a hearing on the Change Healthcare cyberattack that disrupted health care system payments across the country will be coming soon. Speaking at the American Hospital Association’s (AHA) Annual Membership Meeting, Wyden said, “We’ll be heading towards a hearing under the system of how we … Read more

Trump Likely Won’t Release His Tax Returns

Former President Donald Trump, facing mounting legal bills, has lately taken to hawking various items other presidential candidates would have turned their noses up at, like sneakers and country music-themed Bibles. But at a time when Trump appears cash-strapped, which he denies, the most recent hard data on how he supports himself goes back to … Read more

Older adults with student debt at risk of losing some Social Security benefits

Martinprescott | E+ | Getty Images Millions of older adults who are behind on their student loans could soon receive a smaller Social Security benefit. That was the warning from Democratic lawmakers, including Sen. Elizabeth Warren, D-Mass., and Sen. Ron Wyden, D-Ore., in a recent letter to the Biden administration. “When borrowers are in collections, … Read more

Five Hour Energy billionaire named in Senate Swiss bank tax probe: source

Sen. Ron Wyden, D-Ore., wants to increase unemployment benefits by $600 a week. Andrew Harnik-Pool/Getty Images WASHINGTON — Billionaire Five Hour Energy entrepreneur Manoj Bhargava maintained allegedly undeclared bank accounts worth hundreds of millions of dollars at the Swiss bank Pictet, according to documents cited by Senate Finance Committee Chairman Ron Wyden, D-Ore., in a … Read more

Wyden urges FTC to safeguard abortion clinic visitors’ location data

Sen. Ron Wyden (D-Ore.) is calling on federal regulators to scrutinize a location data broker amid its bankruptcy proceedings, saying he’s concerned over its ownership of data showing people visiting sensitive places like reproductive health clinics. Wyden addressed the FTC and the SEC in a letter on Tuesday as part of his ongoing investigation into … Read more

Democrat blocks request to strip tech companies of legal immunity related to child pornography

Senate Finance Committee Chairman Ron Wyden (D-Ore.) on Tuesday objected to a request to pass by unanimous consent a bill approved by the Senate Judiciary Committee to strip big tech companies of legal immunity for child pornography and other child predatory material posted on their social media platforms. Wyden argued the legislation would weaken the … Read more

Senate probe zeroes in on Harlan Crow tax deductions for superyacht used for Clarence Thomas vacations

Clarence Thomas, associate justice of the U.S. Supreme Court, listens during a ceremony on the South Lawn of the White House in Washington, D.C., U.S., on Monday, Oct. 26, 2020. Al Drago | Bloomberg | Getty Images WASHINGTON — Billionaire real estate executive Harlan Crow’s super yacht was registered with U.S. and British maritime authorities … Read more

Lawmakers Finalize Bipartisan Child Tax Credit Deal

WASHINGTON — A bipartisan team of lawmakers on Tuesday announced that they had finalized a deal to restore business tax breaks and expand a credit that gives millions of parents refunds at tax time. Senate Finance Committee Chair Ron Wyden (D-Ore.) and House Ways and Means Committee Chair Jason Smith (R-Mo.) unveiled the details of … Read more

A Longshot Bipartisan Deal In Congress Could Unexpectedly Help Children

WASHINGTON — A longshot bipartisan tax deal under negotiation on Capitol Hill could deliver extra cash to parents in exchange for business subsidies. The top tax lawmakers in the House and Senate — Rep. Jason Smith (R-Mo.) and Sen. Ron Wyden (D-Ore.) — have been working on a deal expanding the child tax credit alongside … Read more