WASHINGTON — A new Senate bill tries to make it just a little bit harder for activist hedge funds to exploit healthy companies rather than invest in their future. Sen. Tammy Baldwin (D-Wis.) and Jeff Merkley (D-Ore.) introduced the Brokaw Acton Thursday, which would strengthen disclosure requirements for activist hedge
Sens. Elizabeth Warren of Massachusetts and Bernie Sanders of Vermont are going after activist hedge funds. The senators have sponsored a bill seeking to increase transparency and oversight of activist investors who take large stakes in companies, usually with the goal of gaining board seats and spurring change within companies.
Two Senate Democrats introduced a bill on Thursday that would take aim at activist hedge funds and their ability to act together in “wolf packs” to overtake public companies. The bill would shorten the number of days that activists have to disclose newly acquired shares in a company and force
As families in Flint, Michigan continue to struggle with lead-contaminated water, eighteen Democratic senators – including Oregon’s Ron Wyden and Jeff Merkley — are pushing to boost investment in water infrastructure repairs to avert future crises of contaminated drinking water supplies. In a letter to the Chair and Ranking Member
Oregon’s pioneering legislation to phase out coal and double renewable power has been lauded from coast to coast. Across the country, Oregon is being celebrated for passing its landmark Clean Electricity and Coal Transition Plan. The strategy mandates the state’s major utility companies eliminate coal power and meet at least half
Sen. Jeff Merkley, D-Ore., released the following statement Wednesday after President Obama announced that he would nominate federal Judge Merrick Garland to serve on the United States Supreme Court: “I thank President Obama for fulfilling his constitutional obligation to put forward a nominee to fill this critical vacancy. I look
It’s been called “perhaps the most contentious issue in the food industry”: Should food products be labeled to indicate they contain genetically modified ingredients? Leading Republicans in the Senate tried to answer that question on Wednesday with a clear “no,” but failed. The Senate rejected a bill that would have prevented any
Oregon Senators Jeff Merkley and Ron Wyden’s bipartisan Treating Small Airports with Fairness Act, or ‘TSA Fairness Act,’ took one step closer to passage when the Senate Commerce Committee voted to attach it to the upcoming FAA reauthorization bill. This legislation would restore TSA screening to the Crater Lake-Klamath Regional
In Sen. Pat Roberts’ failed bid to convince the U.S. Senate to advance a bill banning mandatory labeling of genetically modified foods on Wednesday, the Kansas Republican ran down a long list of reasons he said mandatory labeling of such foods would prove calamitous for consumers, farmers and the food industry. Calling
Following an emotional debate, the Senate blocked a bill that would prevent states from requiring labeling of genetically modified food Wednesday. The Biotechnology Labeling Solutions Act (S2609), authored by Sen. Pat Roberts, R-Kan., which would create a national voluntary labeling standard for genetically engineered foods, did not pass. Roberts had hoped
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