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The Latest Breaking News from the Senate Finance Committee

Kushner's Saudi ties under scrutiny

Sen. Ron Wyden, chairman of the Senate Finance Committee, said Kushner's investment firm may pose a security risk

Salon

Justice Clarence Thomas Faces Scrutiny Over Undisclosed Travel

Supreme Court Justice Clarence Thomas faces scrutiny for undisclosed luxury travel on a GOP donor's private jet, raising ethics concerns.

Top News

Dems Seek DOJ Probe Against Supreme Court Justice Clarence Thomas Over Travel, Gifts

The senators urged the special counsel to find whether Justice Thomas failed to report as income more than $267,000 he received in a forgiven loan in 2008.

International Business Times

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Wyden wants more Medicaid funding to keep obstetric units open - Roll Call

The Senate Finance Committee chair wants to give rural hospitals more federal dollars to keep their maternity wards open.

Roll Call

Hospitals are fighting a Medicare payment fix that would save tax dollars

Medicare pays hospitals about double what it pays other providers for the same services. The hospital lobby is fighting hard to make sure a switch to "site-neutral payments" doesn't become law.

WEKU

‘Site-neutral’ hospital policy muddles health package progress - Roll Call

Proposals to restrict hospital billing rates in outpatient clinics divides lawmakers, with concerns about rural hospitals stalling progress.

Roll Call

With second special session underway, Texas lawmakers offer opening property tax-cut proposals

A stalemate among Texas’ top Republicans has dragged on for months. Tax-cut proponents in the House and Senate made their first pitches to end the impasse Wednesday.

The Texas Tribune

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IRS ‘whistleblower’ who claimed Hunter Biden case was mishandled won’t cooperate with Senate probe

EXCLUSIVE: Whistleblower has cut off communication with the Senate Finance Committee even as he prepares to testify before a GOP-led House panel, writes Andrew Feinberg

The Independent UK

Thomas' pal obstructing Senate probe

"Mr. Crow is relying on the same baseless arguments that failed Donald Trump," Sen. Ron Wyden said

Salon

Elon Musk Says Warren Buffett Would Be Great for This Job

The CEO of Tesla says legendary investor would be his choice for the U.S. Secretary of the Treasury.

The Street

Elon Musk Picks Warren Buffett for This Government Job

The CEO of Tesla says legendary investor would be his choice for the U.S. Secretary of the Treasury.

The Street

Elon Musk Proposes a Surprise Job for Warren Buffett

The CEO of Tesla says legendary investor would be his choice for the U.S. Secretary of the Treasury.

The Street

In Blue Colorado, Oil and Gas Companies Try a New Approach to Woo Democrats

Up against a heavily Democratic Legislature, fossil fuel firms funnel cash to politicos they’ve previously ignored to win precious votes.

Capital & Main

Credit Suisse helped rich dodge taxes

"Republican budget cuts have decimated the IRS's ability to root out this kind of offshore tax evasion scheme"

Salon

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Chicago Sun-Times

Credit Suisse violates deal on rich clients’ tax evasion

The Senate Finance Committee finds that troubled Credit Suisse failed to report secret accounts held by U.S. citizens trying to avoid paying taxes.

The Texas Tribune

Texas Senate budget writers propose billions for teacher raises, lower property taxes and water projects

The Senate Finance Committee’s proposals won’t be voted on and sent to the full chamber until April.

AFP

Yellen says US banking system sound despite turmoil

Washington (AFP) - The US banking system remains sound despite market anxiety over the recent collapse of Silicon Valley Bank (SVB) and Signature Bank, Treasury Secretary Janet Yellen told members of Congress on Thursday.

The Independent UK

Janet Yellen says US banking system ‘remains sound’ and Americans should be ‘confident’

Treasury Secretary appears before the Senate Finance Committee a week after the second-largest bank collapse in the nation’s history

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