News Releases

UBS Bank Settlement on Interest Rate, Questions Remain for Treasury Secretary  M E M O R A N D U M To:    Reporters and Editors Re:    UBS settlement over LIBOR Da:    Wednesday, Dec. 19, 2012 Sen. Chuck Grassley of Iowa today made the following comment on the settlement with UBS bank and regulators over...

Statement of Senator Chuck Grassley on Senator Daniel Inouye Mr. President, I’ve heard the tributes paid to Senator Inouye by his fellow senators over the past several hours.  It’s a strong testament to the character of Senator Inouye that his loss as a friend and colleague is so deeply felt. Senator Inouye impressed many of us with his quiet...

Sandy Hook Elementary School Tragedy in Newtown, Connecticut Statement of Senator Chuck Grassley of Iowa Following the Sandy Hook Elementary School Tragedy in Newtown, Connecticut Monday, December 17, 2012 "First and foremost, our thoughts and prayers should be with the families in Newtown who are burying their loved ones this week.  I am heartbroken...

Q&A on the Wind Energy Production Tax Credit Q:    Why is there a production tax credit for wind energy? A:    In 1992, the Energy Policy Act passed by Congress included an amendment I offered to establish a production tax credit for wind energy.  The idea was to try to level the playing field with coal-fired and...

Statement by Senator Grassley on Senator Inouye's passing Sen. Chuck Grassley of Iowa today made the following comment on the passing of Sen. Daniel Inouye of Hawaii.  A statement from Sen. Inouye’s office is available here. “Senator Inouye was a quiet force in the U.S. Senate.  He had a strong work ethic and was very productive on behalf of the...

  Grassley: Justice Department’s Failure to Prosecute Criminal Behavior in HSBC Scandal is Inexcusable     WASHINGTON – Senator Chuck Grassley is calling the Department of Justice’s decision to forego any criminal prosecution of HSBC officials involved in the money laundering scandal inexcusable. In a letter to Attorney General Eric Holder,...

  Health Care Entitlements and Dual Eligibles     Mr. President, there is no greater threat to America’s growth and prosperity than our uncontrolled national debt.  Currently, the country’s debt exceeds $16 trillion. We face the so-called ‘fiscal cliff’ that could send our economy into another recession.  In these difficult...

Bipartisan Tax Relief is Not the Enemy Click here for the video   Mr. President, We have been hearing a lot about the so-called Bush tax cuts from my colleagues on the other side of the aisle.   Given the rhetoric being used by some on the other side to describe this tax relief, I would like to take this time to correct the record. This tax...

The need to extend the production tax credit for wind energy Click here for the video.   Mr. President, Today I join my colleague, Senator Mark Udall, on the floor of the Senate to discuss the importance of wind energy and the need to extend the production tax credit for wind.  I appreciate Sen. Udall’s commitment to the production tax credit for...

Thune, Grassley on Purchase of Stimulus-Funded Battery Manufacturer by Chinese Company WASHINGTON, D.C.—Senators John Thune (R-S.D.), and Chuck Grassley (R-Iowa) released the following statements today regarding the purchase of failed stimulus-funded battery company, A123, by China-based investor, Wanxiang Group Corp. Thune and Grassley have taken the lead...

Grassley, Upton Seek Details of Potential Conflicts of Interest for Health Care Firms Involved in Implementation of Health Law WASHINGTON – Sen. Chuck Grassley and Rep. Fred Upton today asked two health care companies for information on whether they would limit any potential conflicts of interest presented by their involvement in implementing and...

Supreme Court to Take Up Pay-for-Delay Case Senator Chuck Grassley of Iowa, ranking Member of the Senate Judiciary Committee, made the following comment after the Supreme Court agreed to hear a case that will determine if brand-name drug companies can pay generic drug companies to keep their products off the market. Grassley, along with Senator Herb Kohl of...

Grassley Votes for Bipartisan Trade Bill to Expand Export Opportunities to Russia, Moldova WASHINGTON – Senator Chuck Grassley said the 92 to 4 Senate vote today for bipartisan legislation to grant permanent normal trade relations – PNTR status – to Russia and Moldova is a step forward, though he urged the Administration to increase and intensify efforts to...

Pushing for Green Cards for Students in Science, Technology, Engineering and Math Prepared Floor Statement of Senator Chuck Grassley of Iowa Ranking Member, Senate Committee on the Judiciary STEM Jobs Act of 2012 Wednesday, December 5, 2012 Mr. President, Today, I’m proud to speak in support of the STEM Jobs Act of 2012, a bill passed by the House of...

Floor Statement by U.S. Senator Chuck Grassley regarding proposals to abolish the Senate filibuster Click here for the video. Click here to view a Q&A with Senator Grassley on the Senate filibuster.   Mr. President, There has been a lot of discussion lately about how the Senate is not working properly.  That is evident to even the casual...

Grassley Reacts to Response from Courts on Plans for Sequestration Senator Chuck Grassley, Ranking Member of the Senate Judiciary Committee, provided the following comment after receiving a response to his inquiry to the U.S. Courts about the plans for sequestration.  Grassley became concerned after reading an email alerting him to the drastic measures...

Congressional Record Statement of U.S. Senator Chuck Grassley regarding the U.N. Convention on the Rights of Persons with Disabilities Mr. President – The U.N. Convention on the Rights of Persons with Disabilities has the admirable goal of advancing the interests and rights of the disabled across the world.  However, I have great concerns about...

Grassley Law Recovers Another $3.3 Billion of Taxpayer Money Otherwise Lost to Fraud $35 billion has been recovered since 1986 thanks to federal False Claims Act WASHINGTON – Senate Judiciary Committee Ranking Member Chuck Grassley today said that the federal False Claims Law has recovered an additional $4.9 billion to the U.S. Treasury.  Grassley is...

Legislation to Provide Additional Court Options for Federal Law Enforcement Officers Clears Senate WASHINGTON – Legislation sponsored by Senator Chuck Grassley that would allow federal law enforcement officers who acted under their official duties and charged with a crime in state court an opportunity to petition to have the agent’s case heard before a...

New Report Outlines Dangers of So-called Synthetic Marijuana M E M O R A N D U M To:    Reporters and editors Re:    New report on so-called synthetic marijuana Da:    Tuesday, Dec. 4, 2012 Sen. Chuck Grassley of Iowa was the sponsor of legislation signed into law that bans chemicals used to make so-called...