PORTLAND, OR – Today, at a news conference outside a Wells Fargo branch in Portland, Oregon, U.S. Senators Jeff Merkley (D-OR) and Al Franken (D-MN) announced that they are calling on federal officials to pursue a robust criminal investigation into the actions of the bank and its executives. Last month,
KLAMATH FALLS, OR – Today, Oregon’s Senator Jeff Merkley joined the Klamath Falls community and transportation officials from around Oregon to celebrate the re-opening of commercial flights between Klamath Falls and Portland. The celebration follows a successful battle to get the Transportation Security Administration (TSA) to return to the Crater
WASHINGTON, D.C. – Today, Oregon’s Senator Jeff Merkley and Senators Elizabeth Warren and Bob Menendez formally called on the U.S. Securities and Exchange Commission (SEC) to investigate whether Wells Fargo and senior officials violated laws by misleading investors and firing whistleblowers while the bank oversaw the creation of millions of
“While I’m encouraged that the House leadership has committed to providing aid to assist Flint with its lead contamination disaster, there is still no reason why that aid should not be funded immediately—just like the aid for Louisiana flood victims—rather than having to wait until after the election. Flint families
WASHINGTON, D.C. – Oregon’s Senators Jeff Merkley and Ron Wyden today welcomed news that Wells Fargo CEO John Stumpf has stepped down from the Federal Reserve’s Federal Advisory Council. Yesterday, Merkley and Wyden had joined colleagues in calling on the Federal Reserve Bank of San Francisco’s Board of Directors not
Washington, D.C. – Recognizing the drain on many rural county budgets, Oregon’s Senators Ron Wyden and Jeff Merkley called for reauthorizing the Secure Rural Schools and Community Self Determination Act (SRS) and fully funding the Payments in Lieu of Taxes (PILT) Program, in bipartisan letters to Republican Leader Mitch McConnell,
Washington, D.C. – U.S. Sens. Ron Wyden and Jeff Merkley announced that the Senate Energy and Natural Resources Committee considered their legislation to protect more than 100,000 acres in southwest Oregon from mining, in a hearing today. The Southwest Oregon Watershed and Salmon Protection Act would prohibit new mining leases in
Washington, DC—Oregon’s Senator Jeff Merkley today questioned a top official at the Food and Drug Administration (FDA) about the FDA’s role in the generic drug marketplace in light of the dramatic increase in the price of EpiPens this summer. At the hearing, Senator Merkley asked the FDA’s Director of the
Washington, DC—Oregon’s Senator Jeff Merkley today demanded accountability and answers from Wells Fargo at a Senate Banking Committee hearing investigating the recent revelations that the bank had illegally created millions of bank and credit card accounts without customers’ knowledge. Merkley told CEO John Stumpf, “All these people were fired because
WASHINGTON, D.C. – In the wake of Wells Fargo’s scandal in which bank employees created millions of unauthorized accounts, Oregon’s Senator Jeff Merkley today called on the Securities and Exchange Commission (SEC) to open an investigation into whether the bank violated internal controls provisions of Sarbanes-Oxley by not recognizing and
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