ron wyden. we have a lot of our legislative bucketful. and we hope to accomplish great things as every chairman and ranking member would try to do. having served as finance chairman a decade ago with another good friend and ranking member. we appreciate the value and the importance of cultivating bipartisan working relationships to get the job done. i'm also glad to be here tonight with the keynote speakers. both former members of the committee. you know they are on the agenda and you will hear from them. sen. don nickles and sen. blanche lambert lincoln will be very favorable interactions with colleagues. you got me off key. that's okay. you always did. sewing a kernel of bipartisanship is the most productive way to achieve lasting results for years to come. as i mentioned, the finance committee manages a legislative taxpayers money. members of the committee working on opposites of the fence, would make for a very hard time weeding out our differences. working together we can cultivate and hand

>> thanks, senator wyden, for that question. so i export my goods as well as import supplies, and i would not, i would like to not have to worry about my items crossing the border. i want my items to get to my customers as fast as possible because you expect that. some of my items are lower priced and some of them are quite higher-priced, and i would, it would be valuable to me to have my customers not have to pay so much extra taxes. in terms of the u.s. de minimis, since i'd import import a lot of my stones, i would like to not have to worry about having to pay extra taxes because it does cut into my bottom line. since i make sole proprietor, every dollar counts. and certainty is important because i just, i just make jewelry. i don't want to have to worry about uncertain provisions and laws. >> good. and you should know that on this committee there is strong support for the kind of certainty you are talking about, and you have really made the case very well. mr. wessel, , i want to turn to you on this whole question of the lab

i want to also agree with senator wyden on the point that you raised. i am ranking democrat on the small business committee. states, in the united the $800 limit is critically important. i am deeply concerned that because of the way that this is structured, the number could be significantly reduced, affecting small businesses because of the president demanding to have the nafta negotiate canada and mexico's role. who gets hurt if he changes it is small businesses in the u.s. i do not know whether we will have an opportunity to negotiate that further, but the way that is worded, i think it is extremely damaging to small businesses and could be damaging to small businesses here in this country. i want to concentrate on the dispute settlement provisions and the fact that many of us think there is not effective enforcement on the u.s.-mexico-canadian agreement. we carryover the provisions of chapter 20 from nafta which means it is difficult to see how, mr. wessel, you talk about the for your time schedule on labor, but if they do not follow it, what is the

ron wyden. it's really the job in many ways of historical society to give the opportunity for perspective. to think about what we have done, what are we trying to do, and how do we come together across boundaries? we do that by giving an opportunity for a bipartisan way. having people tell stories about what has happened, and what they hope to have happen. we are so grateful , mr.

hackers are demonstrating and finding members of congress senator ron wyden here. i asked him what the voting machines are like, they actually purchased them on ebay. a lot of the voting machines used in the election are for sale on the internet. >> wow. >> let me ask you this, there's talk of something called deep fakes and just what are they? >> that's right. we've heard a lot about deep fakes over the past few months. it's artificial intelligence. new technology that creates these hyper realistic videos that can make it appear that somebody has said what they really didn't say. the democratic party is concerned about this, thinking how it can be used in the 2020 election against one of their candidates. they actually made a model. a fake video of their chairman, tom perez, what we're about to show you now. what we're about to show you is a de-fake, tom perez never said

thanks, everybody. >> thank you so very much, senator wyden. it is really the job in many ways of the historical society to give the opportunity for perspective, to think about what have we done? what are we trying to do and how do we come together across boundaries to do that. we do that by giving an opportunity for in a bipartisan way having people tell stories about what's happened and what they hope to have happen. we are so grateful, mr. chairman, mr. ranking member, that you agreed to convene this body. part of our tradition is that we ask the chairman and the ranking member to select someone who has come before who is not now on the finance committee who can speak completely freely to tell a little bit about what it was like to serve on the committee. so the first person to carry that honor is senator don nickl nickles. he was elected to the senate in 1981 and served for 24 years. in addition to being on the senate finance committee, he held several leadership positions beginning as the chair of t of thee national snarl committee and ris

reporter: do you support the drug price legislation of senator wyden and senator grassley? sen. schumer: i think is a good step but it does not go far enough. we democrats will caucus and we think unless we get a vote on negotiation of drug prices, which is far more sweeping that was done there despite senator wyden's find efforts, if we don't get a vote on sabotage, we are not going to let a republican friends get away with improving drug price issues modestly along the edges and continue to sabotage the health care system. it would be wrong. before these bills come to the floor, we are going to ask for votes on those amendments. thank you, everyone, and have a good break. [laughter] [chatter] >> coming up, a discussion on economic threats facing the u.s. is live from the hudson institute at 3:00 p.m. eastern. president trump holds a campaign rally this evening in cincinnati. we will have live coverage at 7:00 eastern and online at c-span.org. you can listen with the free c-span radio app. at 10:30ay morning eastern on c-span, we will show you the first of two democratic reside

reporter: do support the drug price legislation of senator wyden and senator grassley? sen. schumer: i think it is a good step but it does not go far enough. we democrats will caucus and we think unless we get a vote on negotiation of drug prices, which is far more sweeping than was done there despite senator wyden's very fine efforts, if we don't get a vote on sabotage, we are not going to let a republican friends get away with improving drug price issues very modestly, along the edges, and continue to sabotage the health care system, which raises drug prices and makes them less accessible, it would be wrong. so before these bills come to the floor, we will ask for votes on those amendments and maybe others. thank you, everybody, and have a good break. thank you very much. >> [indiscernible] [laughter] >> should have got a good picture! [laughter] [indistinct conversations] ♪ announcer: c-span's washington journal, live every day with news and policy issues that impact you. coming up this morning, a look at facebook's digital currency with a professor from georgetown univer

. >> reporter: so, fred, senator wyden there watching the voting machines yesterday and also talking about what cnn reported on a proposed executive order on the trump administration looking to police social media platforms. wyden thinking obviously it's a very bad idea and one he calls speech police. >> and so what's the response to those who are worried that the hacker convention might give someone with bad intentions some ideas? >> reporter: you know, i think speaking to the organizers here, they were actually able to get some of these voting machines, the voting machines that are being used here are actually also being used in u.s. states right now. they were actually able to purchase some of these machines on ebay. so the point that they're trying to make here is that if a bad guy wants to get to these machines, they'll be able to get to it. what they're trying to do here is trying to raise awareness. obviously, nathey've gotten the attention of senator wyden and others who have travelled to las vegas to see what's up. they're saying their highlighting the vulnrerabilitis before

. >> but what about senator wyden and senator grassley expo gets a good step but it doesn't go far enoughand we democrats will caucus it unless we get a vote on negotiation and is far more sweeping despite the senators very fine efforts. not letting you get away with those issues along the edges. and then to raise drug prices and make them less accessible. into vote for those amendments and maybe others. thank you and have a good break. >> look at the european union. and look at other countries that are not doing well. and after this last budget and then at some point very soon we had to rebuild the military didn't have a choice.

joining us now is senator ron wyden.esident tweeted he was withdrawing the nomination today, senator widen clapped back. maybe try vetting your nominees first. thanks for being with us tonight. >> thank you, joy. >> donald trump said that we vet his nominees. that's the news media's job. maybe he won't listen to you on that. >> most bizarre theory of vetting i've ever heard, joy. i know the standards have changed a lot with the trump administration but we are not talking about national dogcatcher here, we're talking about the director of national intelligence. and in particular, we need somebody who will tell it straight to donald trump not twist the facts for donald trump. >> isn't it the case that if anyone tells it straight to donald trump, they're going to tell him again that russia attacked our election and that other foreign countries are potentially working up to attack our election and that makes him feel insecure. how likely is it that he would ever pick someone who would be willing to tell him heaard trut? >> y

join us is senator ron wyden, a member of the senate intelligence committee.ent tweeted he was withdrawing the ratcliff nomination, you clapped back saying maybe you should vet your nominees first. thanks for being with us tonight. donald trump said we vet his nominees. so maybe he won't listen to you on that. >> the most bizarre theory of vetting i've ever heard, joy. i know the standards have changed a lot with the trump administration. but we are not talking about national dog catcher here. we're talking about the director of national intelligence. and in particular, we need somebody who will tell it straight to donald trump, not twist the facts for donald trump. >> but isn't it the case if anyone tells it straight to donald trump, they're going to tell him again that russia attacked our election and other foreign countries are potentially to attack our election, and that makes him feel insecure. so how likely is it he'll ever pick someone willing to tell him hard truths? >> i think you can't do this job responsibly unless you're willing to lay those facts

thankfully, senator grassley and the ranking member senator wyden included that in their package. . went it is in there. we do not think that the weight it should be. the total cap is a hit in a situation like mike's. would rather the see that stretched out so the patient does not have to pay more than $200 per year. month, excuse me. we are committed to that. know if that is scheduled for a floor vote or where that is in the process? guest: i think it will end up in the end of the year on this package. everything gets props to the ends. and clearly, the congress, the president wants to do something to protect patients. i am hoping at the end of the year, we will get that done. host:? at the end of the fiscal year guest: minimum would probably be saturday. this will be a endless present. rocco, maryland, independent, good morning. caller: thanks for c-span. i want to make a comment about the guest. the demo comment is our health care system is a wreck. worsepublicans to make it . that is the general comments. he talksfic comment is about why it was change so much more. .he answer wa

ron wyden didn't put those in. >> i wasn't for carried interest.can go through the sub points but the bigger point is this. i made national news at the time when i said this is fundamentally not a middle class tax cut. it's fundamentally a corporate tax reduction and restructuring bill. it's a bet that by making our corporate environment more inviting we might slightly be able to improve the economic growth trend going forward because if we don't, we're going to be toast with regard to deficits going forward. we have to do something about making our economy more vibrant and sustainable going forward which is why i supported it. you could again argue for or against the 2.5% difference over the ten years but it's not the delta, not what makes the ultimate difference in the deficits going forward over the next ten years. it's, again, something we might be for or against based on our personal political philosophies. >> governor, thank you for joining us. we appreciate that. let us know. you can change your mind right now and tell us you're running for

oregon senator ron wyden visited the border last week, what. >>i saw over the last day is.not indicate to me. dead in the separation of the families rare. the aclu is asking a federal judge to once again step in and make it clear. >>when my grandchildren can be taken from their parents dhs says children are only their pa parents are criminals or endangering the children but the aclu says its documents show some parents had their children taken over traffic violations or misdemeanor property damage. nevada senator jacky rosen. >>the culture of cruelty that this administration continues to pursue in regards to my grandchildren is absolutely wrong rosen says she'll continue to block confirmation of to dhs nominees until conditions at the border improve in washington, alexander lee mount. >>next at 5.30 a disturbing story to babies found near a dumpster in fairfield with or what we're learning tonight about their mother. >>lawmakers want to keep your information safe. th >>welcome back to our top story at 5.30 today is the 4th annual as have homeless projects where 30 media out

by pro-abortion activists who say it's unconstitutional the new law was due to come into effect and wyden state that's one of the strictest in the u.s. effectively banning the procedure unless medically necessary and those are the headlines coming up next on al-jazeera its inside story on scene about 25 minutes life now. why is kenya important this african country is conducting yet another population count its outcome is expected to shift political boundaries and shape elections but in a country divided along ethnic and tribal lines what does that mean this is inside story. hello and welcome to the program. governments has been holding a historic census over the weekend more than 160000 people would you ploy to collect data from its population of about 50000000 vets process has proven to be a challenge since millions of kenyans live in slums with no official address millions more nomadic herders who cross into neighboring countries regularly. kenya's government is conducting a census for the 6th time happens every 10 years and the result may be significant for several reasons state resour

important bill and people should call the enate at 202-224-3121 and tell them to enact the grassley-wydenartisan bill to lower drug prices. host: before we take cause, there's been, as you probably -- calls, there's been, as you probably have been following, large extensions -- discussions about extending the role of medicare. how would this handle prescription drugs and could the current system accept that kind of expansion when comes to the cost of those drugs? guest: we don't get involved in coverage issues. we stick to our lane and deal with drug prices. but i will say that under medicare, we should allow medicare to negotiate directly with the drug s can. in our country, there is a law that forbids the government from negotiating directly with the drug companies to get lower prices. every other country in the world negotiates. we don't. and the result is that we pay two to three times what all those other countries pay. we need to allow the government to use its purchasing power to negotiate with these drug companies that have monopolies and drive down the prices. host: this is the f

widened, the most liberal republicans more conservative than the most conservative democrat, gulf wyden sent it is relevant to these local newspapers. if you can't bring anything home now it doesn't matter if there is no one to cover it anyway. what is the point. this all falls in to the same trend that would nationalize issues. as the economy comes concentrated, more acquisitions, concentration of corporate wealth, personal wealth and concentration of political issues at the national level when there's a more proper role for house of representatives to serve the interests of their individual district. and irrelevant largely. most members spent their time serving the district and invulnerable as they are in the district. they will get defeated on one cultural issue on that side of it. >> i will give you an example. how does this alter behavior? probably five months into donald trump's term he comes into the capital basement, house republican conference meeting and we are whipped on some vote and the freedom caucus is trying to do something so trump comes in and says, not terribly substa

the provisions that senator brown and senator wyden have been talking about, but not only is there the capacity within the structure, but there are relief measures that are available if in fact a site specific location there has been inadequate labor rights for the workers. we need to supplement with senator brown and wyden between the house and the administration at this point. >> i want to give you an opportunity to respond about the sunset provisions. i find it somewhat unsettling the way they have been drafted in this agreement. leading to as early as six years from now. does that raise concerns? >> senator, one of the advantages would e the opportunity to make sure that the candidates have in fact followed through on eliminating class six and seven. less of a concern on the dairy side, the farm side. it gives us a chance to revisit. >> a chance to pull out of the agreement. >> a chance to make sure it is implemented in the way that it was intended. >> there was a replacement system for what we are currently using depending on how it is implemented. we are wary because of past agre

no wonder senator ron wyden is calling it one of the most egregious examples of corruption and self-dealingo point out the obvious, holding the g7 at the doral taxpayers would be spending their dollars at his door. the trump administration has been bat tling back a series of lawsuits and successfully winning one case today. let's give the benefit of the doubt and say they will return all profits after expenses to the government but trump can't give back the day of sold out bookings for world leaders for what's normally miami's slow season and no way to account for the brand benefit that the resort gets for being able to rent out the boris johnson bungalow. the highest rates. they can use the boost, because despite saying the business is on fire, according to "the washington post," it dropped some 70% recently, for example, after its comments about mexican immigrants, sponsoring a major tournament there pulled out and the tournament moved to mexico, ironically. that trump slump may have been what prompted the resort to flirt with hosting a strip club sponsored golf tournament before cooler h

senator wyden who i spoke to yesterday here, he said one of the main things he brought away from thisould never be connected to the internet. he compared having a machine or equipment that's involved in voting connected to the internet as the same as throwing american ballot boxes on the streets of moscow. also the department of homeland security's top cyber official who was here also this week speaking with the hackers, said that we need to move back to -- we can keep electric machines and electric voting machines, but to have a paperback backup they can be confirmed with paper. >> artificial intelligence can make people appear to do or say things they never did. i know people at defcon were told that dnc chair tom perez was supposed to be there but unable to make it so he decided to connect by skype where he apologized for not being in attendance. except he did no such thing. let's watch. >> greetings, defcon. i'm dnc chair tom perez. my apologies that i can't come to las vegas. it will be something more subtle, like a slowed-down video, or even a deepfake of tom perez talking about

one democratic senator, ron wyden told me he would pull out all the stops to stop this confirmation from going forward. and the top democrat on the committee told me today that this raises enormous red flags. >> director coates was willing to speak truth to power. i have seen no evidence, at least from what i've read and seen about mr. ratcliffe, that he'll bring that same level of independence. and what i fear is that the deeper we get into the trump administration, the more this president wants yes men like bill barr, the attorney general. if there's ever a time when we need to make sure the intelligence community speaks truth to power, it's now. >> do you think that's disqualifying him, padding his resume? >> listen, i'm going to sit down with mr. ratcliffe, but this is one more item that raises enormous red flags to me. >> reporter: ratcliffe's office said that while working in the eastern district of texas he, quote, opened, managed, and supervised numerous domestic-related cases, but republicans have more questions. richard berg told us earlier today that he wasn't going to comment

not only are people questioning this idea, senator ron wyden of oregon, the top democrat on the finance committee in the senate is saying he is going to ask the treasury secretary for more information about this and says under no circumstances should the g7 on behalf of the united states be held in a trump-owned property. that that's the height of sell dealing. he's going to have a push on this. so it raises more questions about how can the president not make money if all of these delegations come and, as is custom, pay the bill, for their stay, for food, for accommodations, and so forth. so it is unclear how the president could not see that by being even if he is in this time of office not directly running the organization, that he and his family profit from it. of course, promoting his properties has been something he's done eblgs tensive -- extensively by going there himself. so this will now -- because he really highlighted this when no one was specifically saying where will you hold it? people were asking him about becoming the next host of the g7 and he volunteered a lot more info

one of them is a bill we have with senator wyden that's important. and then there is the work that senator lankford and i have done across the aisle, which is a bipartisan bill which we continue to work on today. but what has happened, what do all of these bills have in common? they have been blocked by the leadership on the republican side and opposed by the white house. that's right. they weren't vetoed because they never got to the white house because the white house made the move of stopping them in their tracks before they could get to the white house. i know because i am the ranking member of the senate rules committee, and our jurisdiction is elections, and our job was to get that bill through the committee to the senate floor. it was actually scheduled for a markup, which means you get the bill all done and you head in to the senate floor where i predict it would have gotten at least three-fourths of the members voting for that bipartisan bill. what happened? the white house made calls. they made calls. the white house counsel actually called

administration act.over the years this legislation has been led by a number of members including senators wyden senator alexander, both on this committee i been a sponsor of the legislation of all along. with senators alexander and senator feinstein. my partners on the energy and water appropriations subcommittee for multiple congresses. we've been at this for a while and i think it's fair to say we would like to put something behind us at some point in time sooner rather than later. our legislation aims to move the process forward so that we can finally move used fuel to a permanent repository. our bill creates a nuclear waste administration to oversee consent-based deciding for interim storage and an additional repository that can be located in states and communities that want it. the bureau also prioritizes the removal of used fuel and decommission reactor sites for temporary storage consolidated sites.our bill is s1234. i wish it was as easy as 1234. we know it requires some updates and there's a number of ideas to improve specific sections. i welcome those i look forward to the testimony f

. >> we want more restrictive than the law changed so senator wyden and i have a bill to require a warrant for your citizens coming back home because we think is a great danger that if you have brown skin or different accent or funny last name it does not look like a so-called american they will say give us your cell phone and if you have evidence someone is calling a terrorist or part of a terrorist cell, stop them, do whatever it takes but random american citizens coming home and being asked for their password to the cell phone is intrusive without any kind ok suspicious and that is not enough. we are still troubled by the reports we hear on this and we will keep pushing the issue but it's very important for us to convey to you we don't think cell phone is a shipping container. you do have the right to go through luggage in shipping containers at the border but don't have a right to look at my google searches and look at everything i got stored on my phone pictures et cetera and downloaded to a computer. you take don't get passwords are you downloading content from the phone to a databas

since january senator murray and i have been working in parallel with senator grassley and senator wyden who are on the finance committee. they are working on their own bipartisan bill which they plan to markup the summer. the senate judiciary committee is working on bipartisan bills to address high drug costs and held a hearing on consolidation in health care. the house of representatives energy and commerce ways & means judiciary committee have all reported out bipartisan bills deliver the cost of prescription drugs. secretary azar and the department of health and human services have been extremely helpful in reviewing and providing technical advice in a timely way on various proposals to reduce health care costs. the president has called for ending surprise billing and reducing the cost of prescription drugs. the administration has taken steps to increase transparency subfamilies and employers can better understand their health care costs. for the last decade congress has been locked in an argument about the individual's health insurance market were 6% of americans get their health in

thankfully, senator grassley and the ranking member senator wyden included that in their package. .t it is in there. we do not think that the weight it should be. the total cap is a hit in a situation like mike's. would rather the see that stretched out so the patient does not have to pay more than $200 per year. month, excuse me. we are committed to that. know if that is scheduled for a floor vote or where that is in the process? guest: i think it will end up in the end of the year on this package. everything gets props to the ends. and clearly, the congress, the president wants to do something to protect patients. i am hoping at the end of the year, we will get that done. host:? at the end of the fiscal year guest: minimum would probably be saturday. this will be a endless present. rocco, maryland, independent, good morning. caller: thanks for c-span. i want to make a comment about the guest. the demo comment is our health care system is a wreck. worsepublicans to make it . that is the general comments. he talksfic comment is about why it was change so much more. .he answer was we

third, the plan from oregon senator ron wyden.s goes up, you pay income tax, income tax, on the gain. so your stock is worth a million bucks on january 1st, $2 million by december 31st, you pay income tax on your $1 million gain. you got that? okay. yes, it is complicated. but the bottom line is this. you've got money, the democrats want it. you've piled it up, oh, you are morally wrong and some of it will be taken off you. they are motivated by anger and jealousy and they will never get over the election of billionaire businessman donald j. trump. >>> the third hour of "varney & company" is about to begin. ♪ stuart: yeah. for the love of money. i know that song real well. let me get some reaction to the editorial you just heard. i hope you did. jeffrey cleveland with us, a genuine economist. first of all, am i right, i think this is a new form -- not new form, but a new tax, a whole new raft of taxes going after your wealth which we have not done before. am i right in saying that? >> well, i think some of these policy proposals a

important bill and people should call the enate at 202-224-3121 and tell them to enact the grassley-wydenipartisan bill to lower drug prices. host: before we take cause, there's been, as you probably -- calls, there's been, as you probably have been following, large extensions -- discussions about extending the role of medicare. how would this handle prescription drugs and could the current system accept that kind of expansion when comes to the cost of those drugs? guest: we don't get involved in coverage issues. we stick to our lane and deal with drug prices. but i will say that under medicare, we should allow medicare to negotiate directly with the drug s can. in our country, there is a law that forbids the government from negotiating directly with the drug companies to get lower prices. every other country in the world negotiates. we don't. and the result is that we pay two to three times what all those other countries pay. we need to allow the government to use its purchasing power to negotiate with these drug companies that have monopolies and drive down the prices. host: this is the

senator wyden, senator grassley, please come. it is whatever you want it to be. >> great. >> this is a replica, also made from the marble from the capital of the statue of freedom that stands on top of the capital. when senator nickles talked about the capitol building, the capitol building is across the world the symbol of our democracy, and standing on top of that is the statue of freedom. if you go on one of steve's tours, you will hear the whole story about the discussion about when they were building, who should be on the top. because our democracy was different. it was a revolutionary idea. at that time every other country had a king or something, and so who would go on the top? you know, there were some people who said, oh, george washington should go on top. people said, no, no, no, because we don't want it to be an individual. we want it to be a symbol, lady freedom. that is who is on the top, and we give that to you and thank you. >> thank you so much. thank you so much. >> thank you. for all of you who have come to mak