News Releases

Grassley Q & A: Bear Stearns    Q: What’s behind your scrutiny of the Federal Reserve’s transaction involving the investment firm Bear Stearns? A: In March, the Federal Reserve helped rescue America’s fifth largest investment bank by offering JP Morgan Chase a $30 billion dollar loan to help acquire a significant portion of Bear Stearns....

Grassley, Dorgan Push for Dialogue on Compromise Payment Limits Reform Plan WASHINGTON – As farm bill conference committee negotiations continue, Senators Chuck Grassley and Byron Dorgan have urged consideration of “Dorgan-Grassley II,” a possible payment limitations compromise.    In a letter to Senate Agriculture Committee Chairman Tom Harkin...

Medicare and Social Security Trustees’ Report M E M O R A N D U M TO: Reporters and Editors FR: Jill Kozeny, 202/224-1308 for Senator Chuck Grassley of Iowa RE: Medicare and Social Security Trustees’ Report DA: Tuesday, March 25, 2007 Senator Chuck Grassley, Ranking Member of the Committee on Finance, issued the comment below about the report issued today...

Grassley to Present Military Medals to Family of Vietnam Soldier     WASHINGTON – Tomorrow evening, Senator Chuck Grassley will present military service medals to the family of the late Corporal Kenneth W. Jurgens.  The event is scheduled for 6:15 pm at Diny’s Steakhouse, at 306 Franklin Street , in Delhi .     Jurgens was...

Grassley Q & A: Tax Filing Deadline Q: How do I go about filing my taxes if I haven’t already done so? A: For many of you, April 15 is the infamous date associated with the Internal Revenue Service’s tax filing deadline. This year is no exception, and the deadline is once again quickly approaching. If you have not already filed your 2008 tax return...

Bear Stearns deal   Sen. Chuck Grassley, ranking member of the Committee on Finance, with jurisdiction over tax policy, is interested in details of the Federal Reserve’s agreement to lend $30 billion to help Bear Stearns, and about the actions of company executives. Grassley made the following comment on the issue.   "I’ve instructed my staff to...

Gravy Train Chugs Along by U.S. Senator Chuck Grassley of Iowa   As taxpayers calculate what they owe Uncle Sam this tax filing season, federal lawmakers calculated the tax and spending guidelines on a $3 trillion budget for the upcoming fiscal year.   This budget blueprint sets the stage for congressional committees to divvy out tax dollars that...

Grassley amendment to close contract fraud loophole accepted on budget resolution             WASHINGTON – Senator Chuck Grassley today said that his amendment on holding overseas contractors accountable was included in the fiscal 2009 budget resolution that cleared the Senate early this...

Grassley Q & A: Mathematics Awareness Month    Q: What is Mathematics Awareness Month? A: Mathematics Awareness Month was first recognized in 1986 through a Presidential Proclamation by President Ronald Reagan. This April marks the 22nd installment of Mathematics Awareness Month with the fitting theme of “Math and Voting.” Mathematics has...

Grassley Announces Selection of Four Iowans to the Air Force Academy WASHINGTON– Sen. Chuck Grassley today announced that four young Iowans have been selected to attend the U.S. Air Force Academy for the 2008/2009 school year.                 The four students include: Jeffory Brenner of...

Office of the Inspector General report on National Security Letters Senator Chuck Grassley released the following statement after the Department of Justice, Office of the Inspector General issued a second report on the FBI’s use of National Security Letters.   Grassley has conducted extensive oversight of the Agency since the mid-1990s and has...

Grassley comments on FDA advisory committee recommendations for anti-anemia drugs M E M O R A N D U M TO: Reporters and Editors FR: Jill Kozeny, 202/224-1308 for U.S. Senator Chuck Grassley of Iowa RE: New recommendations on anti-anemia drugs DA: Thursday, March 13, 2008 Senator Chuck Grassley issued the comment below about recommendations made today by...

Grassley says changes to improve FDA post-market review remain elusive WASHINGTON -- Senator Chuck Grassley is asking Food and Drug Administration officials to explain how a new agency initiative to improve its oversight of drugs approved for the marketplace is more than cosmetic. Grassley said he’s concerned that the "Safety First"...

Grassley: overseas contractors must be held accountable             WASHINGTON – Charging that it would be a disservice to taxpayers to exempt overseas contracts when holding bad actors accountable, Senator Chuck Grassley introduced a Sense of the Senate resolution against a loophole that might let...

Grassley to Gates: Solution isn’t importing more foreign workers             WASHINGTON – Reiterating the need for reforms to the H-1B visa program, Senator Chuck Grassley today asked Bill Gates his thoughts about the thousands of high tech visas going to foreign based companies while U.S. companies...

Grassley, Baucus Urge Four Ministries to Cooperate with Information Request WASHINGTON – Sen. Max Baucus, chairman of the Committee on Finance, and Sen. Chuck Grassley, ranking member, have written to four ministries to urge cooperation with an earlier information request from Grassley. Baucus and Grassley lead the committee with exclusive Senate...

Opening Statement of Senator Grassley during Senate Floor Debate on Fiscal 2009 Budget Opening Statement of U.S. Senator Chuck Grassley of Iowa Ranking Member of the Committee on Finance Senate Floor Debate of Fiscal Year 2009 Budget Monday, March 10, 2008               Mr. President, Senator Judd...

Grassley seeks feedback on use of registration fees for inspection of foreign manufacturers of pharmaceutical drugs WASHINGTON — Senator Chuck Grassley is asking the federal agencies charged with drug safety to weigh in on the use of registration fees as a way to help pay for more inspections of foreign pharmaceutical drug manufacturers and also...

Grassley Floor Statement on Health Issues in the Fiscal 2009 Budget Resolution Floor Statement of U.S. Senator Chuck Grassley of Iowa Ranking Member of the Committee on Finance Health Issues in the Fiscal 2009 Budget Resolution Tuesday, March 11, 2008 I talked previously about some of the tax issues in this budget resolution, and now I'd like to turn to...

Grassley Requests Update on H-1B Reforms by Federal Government             WASHINGTON – Senator Chuck Grassley today asked Homeland Security Secretary Michael Chertoff what progress has been made toward the Department’s reform of the H-1B visa program.    In August, the administration...