Category: In the News

Bill to clean Columbia River added to water package

Congress is making headway on establishing a grant program for environmental cleanup projects in the Columbia River Basin. Oregon Sens. Ron Wyden and Jeff Merkley reintroduced the Columbia River Restoration Act last year, along with fellow Oregon Reps. Earl Blumenauer, Suzanne Bonamici and Peter DeFazio, all Democrats. The bill was

USDA food waste funding scarce a year after setting goal

Battle Creek wants to become a model for how an American city can completely eliminate food waste. If only it could get some federal money to start the process. Representatives for the southern Michigan town of 52,000 — home to cereal giant Kellogg — are awaiting the Agriculture Department’s response

Senators urge ‘immediate’ hearings on Wells Fargo sales practices

A group of U.S. senators called Monday for immediate hearings into revelations Wells Fargo employees opened fraudulent customer accounts, as the San Francisco bank faced other fallout over the matter. In addition Monday, credit-rating firm Moody’s Investors Service said the conduct by the bank’s employees were a “credit negative” for

Senate to hold hearing on Wells Fargo’s aggressive sales tactics

The Senate Banking Committee will hold a hearing next week on the aggressive sales tactics by Wells Fargo & Co. employees that led to a $185-million settlement package with federal and state regulators. The decision by the panel’s chairman, Sen. Richard C. Shelby (R-Ala.), to look into the matter came Monday night just hours

Wells Fargo Offers Regrets, but Doesn’t Admit Misconduct

Wells Fargo was flowing with regrets on Friday, taking out ads in nearly a dozen newspapers saying the bank took “full responsibility” for creating sham bank accounts without its customers’ permission. The bank’s chief executive officer, John Stumpf, even called one prominent Democrat in Congress to express his willingness to assume

There’s A New Front In The Battle Over The Trans-Pacific Partnership

The Trans-Pacific Partnership, which has taken a drubbing from all directions during the presidential campaign, will not get a vote before the election. But as Congress returns to Capitol Hill from a seven-week break, the battle over the TPP continues.  The fight has been given renewed urgency by revelations about the

Sanders, Merkley back McConnell decision to skip TPP vote

Two Senate Democrats said Friday they support a decision by Majority Leader Mitch McConnellto forgo a vote on a sweeping Pacific Rim trade agreement this year. Sens. Bernie Sanders (I-Vt.) and Jeff Merkley (Ore.) applauded McConnell for saying this week that he won’t give the Trans-Pacific Partnership (TPP) a vote this year and would instead

How Predatory Payday Lenders Plot to Fight Government Regulation

Months before a federal agency proposed a new rule threatening the profits of exploitative payday lenders across America, the industry’s leaders gathered at a posh resort in the Bahamas to prepare for war. At the March strategy session, Gil Rudolph of Greenberg Traurig, one of several law firms working with the lenders,

Editorial: Social Security should get the message

We’d think the Social Security Administration would be senior-savvy. It recently revealed it is not. On July 30, Social Security rolled out a new safeguard for users of its “my Social Security” accounts. Those are online accounts for doing things such as reviewing benefits, changing address or changing the location

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