Ron Wyden News

Three U.S. Senators are calling for action against a new practice big technology companies are using to swallow up the talent and products of innovative AI startups without formally acquiring them

Scott Bessent, a seasoned Wall Street investor, was confirmed on January 28, 2025, as the 79th US Secretary of the Treasury, becoming the first openly gay cabinet member in a Republican administration. At 62, Bessent brings four decades of global investment experience to the role, having built strong ties with international financial leaders. His nomination secured bipartisan support in the Senate with a 68-29 vote. Republican Senator Mike Crapo praised Bessent’s commitment to economic growth, while Democratic Senator Ron Wyden expressed concerns about his alignment with President Donald Trump’s policies. «It is crucial to have a Treasury Secretary in place to navigate economic challenges, and I support his confirmation,» Wyden said. Despite reservations, several Senate Democrats backed Bessent, citing the need for stability in financial leadership.

DOGE) of Tesla CEO Elon Musk has been reportedly granted access to the Treasury Department's payment system which eventually manages trillions of dollars in federal payments while including Social Security and Medicare as well, reported Benzinga.

Two U.S. senators are calling on the Federal Trade Commission to investigate automakers selling customers’ driving data to brokers who package it and then sell it to insurance companies

Supreme Court Justice Clarence Thomas has landed in a huge controversy with accusations of not disclosing at least 35 luxury gifts, a free yacht trip to Russia and a private helicopter journey to a palace in Vladimir Putin's hometown St. Petersburg. In a letter written to Attorney General Merrick Garland, Sens. Sheldon Whitehouse, D-R.I., and Ron Wyden, D-Or have also accused him of committing tax fraud and violating other federal laws by “secretly” accepting the gifts and income potentially worth millions of dollar, reports 'Daily Beast'. The senators have demanded to appoint a special counsel to probe Thomas.

A Senate inquiry has found BMW, Jaguar Land Rover and Volkswagen have bought parts made by a Chinese company sanctioned under a 2021 law for using forced labor

Two crypto-supportive senators have urged the Justice Department (DOJ) to reconsider its recent enforcement action against a popular Bitcoin privacy service.

The beginning of the Change Healthcare cyberattack happened when hackers entered a server that lacked multifactor authentication

By David Shepardson

Management issues at Oregon's Crater Lake have prompted the federal government to consider terminating its contract with the national park's concessionaire

Democratic senator Ron Wyden in a letter made public on Thursday. Wyden, who released the December 11 letter, called upon US intelligence officials to stop using Americans' personal data without their express knowledge and consent, saying it was unlawful.

Legislation that would renew expired small-business tax breaks and bolster the child tax credit faces a difficult legislative path, even with initial support on both sides of the aisle.

By David Shepardson

Apple is now requiring that U.S. law enforcement agencies obtain a court order for information on its customers’ push notifications — the alerts iPhone apps send users that can reveal a lot about their online activity

Senate Democrats introduced a bill Thursday that they say would close loopholes that allow the ultrawealthy to avoid taxes — an idea that investment advisors said would be difficult to implement but that does start a conversation about closing the wealth gap.

The United States Securities and Exchange Commission (SEC) has commenced legal proceedings against an accounting firm that had provided services to cryptocurrency exchange FTX prior to its bankruptcy declaration.

The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted suggestions for lawmakers to consider in potential legislation on the tax treatment of digital assets.

Cryptocurrency advocacy group Coin Center has provided suggestions for United States lawmakers to consider in potential legislation related to the taxation of digital assets.

cybersecurity advisory panel will investigate risks in cloud computing that will also include Microsoft Corp's role in the recent breach of government department email systems by suspected Chinese hackers, Bloomberg News reported on Thursday. The Cyber Safety Review Board (CSRB) will focus on risks to cloud computing infrastructure, including identity and authentication management, and will look at all relevant cloud service providers, the report said, citing people familiar with the matter.

Tenable has lodged a formal complaint against tech giant Microsoft, alleging a lack of transparency and irresponsible security practices. The Chairman and CEO of Tenable, Amit Yoran, took to LinkedIn to pen an open letter, exposing the irregularities they have uncovered. The incident dates back to March when the Tenable Research Team stumbled upon a critical flaw within Microsoft's Azure platform that allowed unauthorized access to sensitive data.

The U.S. Senate Finance Committee is investigating former Apollo Global Management Chief Executive Leon Black’s tax strategies and dealings with the late disgraced financier Jeffrey Epstein, pressing the private-equity billionaire for information on Epstein’s high-price tax advice. Committee Chairman Ron Wyden on Tuesday released a letter to Black that made public the panel’s investigation, which has been going for a year.