by Madeleine Hubbard at Just the News
Republicans are demanding Oregon Democratic Sen. Ron Wyden step down from his position as chairman of the Senate Finance Committee over his wife’s major stock holdings.
“We are alarmed by reports of your wife’s exceptionally large stock holdings, totaling $3 million, in four of the Big Five technology companies that you are tasked with overseeing – Apple, Microsoft, Amazon, and Google,” a group of national Republicans, led by New York Young Republican Club President Gavin Wax, wrote to Wyden in a letter obtained by Just the News on Thursday.
Wyden’s latest financial disclosure covers 2022, and it shows that his wife, Nancy Wyden, owns at least $1.5 million in the four major companies, but may have as much as $3 million in investments. She also made between $15,001 and $50,000 in dividends from Apple that year.
Notably, Nancy Wyden may still have some involvement in all members of the Big Five. The financial disclosure shows she sold Meta holdings worth between $50,001 and $100,000, and it currently lists her holdings in the company as “None (or less than $1,001).”
The Senate Finance Committee has wide-ranging jurisdiction over numerous federal matters ranging from trade to taxation, and the Republicans pointed out how his wife’s investments may pose a conflict of interest.
“As Chair of the Senate Finance Committee,…
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