{"id":6799,"date":"2010-04-09T16:05:00","date_gmt":"2010-04-09T20:05:00","guid":{"rendered":"https:\/\/www.merkley.senate.gov\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/"},"modified":"2023-07-24T11:11:21","modified_gmt":"2023-07-24T15:11:21","slug":"merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club","status":"publish","type":"post","link":"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/","title":{"rendered":"Merkley enfatiza la necesidad de llevar la rendici\u00f3n de cuentas a Wall Street en el Eugene City Club"},"content":{"rendered":"<p><strong><br \/>Eugene, O \u2013<\/strong> Oregon&rsquo;s Senator Jeff Merkley addressed the Eugene City Club today to discuss current efforts in the Senate to restore fair rules of the road for Wall Street.&nbsp; Merkley described the factors that caused the financial collapse and subsequent recession, and the reforms needed in order to prevent another financial crisis from happening in the future.<\/p>\n<blockquote><p>&ldquo;Real economic strength is built on innovation and hard work, not bubbles and promises of easy money and free lunches,&rdquo; Merkley said.&nbsp; &ldquo;And that means we must restore responsibility and accountability to Wall Street and return to the days when banks&rsquo; central focus was to help families and businesses on Main Street create new opportunities and grow.&rdquo;<\/p><\/blockquote>\n<p>As a member of the Senate Banking Committee, Merkley has been fighting for strong Wall Street reform that accomplishes three primary goals: getting high-risk gambling out of the banks that families and businesses depend on; putting an end to &ldquo;too big to fail&rdquo; so taxpayers are never again asked to bail out any financial institution; and creating an independent consumer protection agency to protect consumers from financial tricks and traps that undermine the economic foundation of both families and the wider economy.<\/p>\n<p>In addition, Merkley and Senator Carl Levin (D-MI) have introduced the PROP Trading Act which puts a wall between speculative bets by investors and banks that lend to families and businesses.&nbsp; This wall is commonly known as the &ldquo;Volcker Rule&rdquo; after the former Federal Reserve chief who has championed such rules.<\/p>\n<p>A Wall Street reform bill was recently voted out of the Senate Banking Committee and is expected to head to the floor for debate in the coming weeks.&nbsp; Merkley voted in committee for the bill, which included a variation on the Volcker Rule, while voicing concerns about some provisions and promising to lead an effort to strengthen it further.<\/p>","protected":false},"excerpt":{"rendered":"<p>Eugene, OR &ndash; Oregon&rsquo;s Senator Jeff Merkley addressed the Eugene City Club today to discuss current efforts in the Senate to restore fair rules of the road for Wall Street.&nbsp; Merkley described the factors that caused the financial collapse and subsequent recession, and the reforms needed in order to prevent another financial crisis from happening [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[24],"tags":[44,47],"class_list":["post-6799","post","type-post","status-publish","format-standard","hentry","category-press-releases","tag-jobs-and-the-economy","tag-protecting-consumers-taxpayers-and-the-economy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Merkley Stresses Need to Bring Accountability To Wall Street at Eugene City Club - Merkley<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/\" \/>\n<meta property=\"og:locale\" content=\"es_MX\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Merkley Stresses Need to Bring Accountability To Wall Street at Eugene City Club - Merkley\" \/>\n<meta property=\"og:description\" content=\"Eugene, OR &ndash; Oregon&rsquo;s Senator Jeff Merkley addressed the Eugene City Club today to discuss current efforts in the Senate to restore fair rules of the road for Wall Street.&nbsp; Merkley described the factors that caused the financial collapse and subsequent recession, and the reforms needed in order to prevent another financial crisis from happening [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/\" \/>\n<meta property=\"og:site_name\" content=\"Merkley\" \/>\n<meta property=\"article:published_time\" content=\"2010-04-09T20:05:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-24T15:11:21+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Merkley Stresses Need to Bring Accountability To Wall Street at Eugene City Club\",\"datePublished\":\"2010-04-09T20:05:00+00:00\",\"dateModified\":\"2023-07-24T15:11:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/\"},\"wordCount\":335,\"keywords\":[\"Jobs and the Economy\",\"Protecting Consumers, Taxpayers, and the Economy\"],\"articleSection\":[\"Press Releases\"],\"inLanguage\":\"es-MX\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/\",\"url\":\"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/\",\"name\":\"Merkley Stresses Need to Bring Accountability To Wall Street at Eugene City Club - Merkley\",\"isPartOf\":{\"@id\":\"https:\/\/www.merkley.senate.gov\/#website\"},\"datePublished\":\"2010-04-09T20:05:00+00:00\",\"dateModified\":\"2023-07-24T15:11:21+00:00\",\"author\":{\"@id\":\"\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/#breadcrumb\"},\"inLanguage\":\"es-MX\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.merkley.senate.gov\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Merkley Stresses Need to Bring Accountability To Wall Street at Eugene City Club\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.merkley.senate.gov\/#website\",\"url\":\"https:\/\/www.merkley.senate.gov\/\",\"name\":\"Merkley\",\"description\":\"Merkley\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.merkley.senate.gov\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"es-MX\"},{\"@type\":\"Person\",\"@id\":\"\",\"url\":\"https:\/\/www.merkley.senate.gov\/es\/author\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Merkley Stresses Need to Bring Accountability To Wall Street at Eugene City Club - Merkley","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/","og_locale":"es_MX","og_type":"article","og_title":"Merkley Stresses Need to Bring Accountability To Wall Street at Eugene City Club - Merkley","og_description":"Eugene, OR &ndash; Oregon&rsquo;s Senator Jeff Merkley addressed the Eugene City Club today to discuss current efforts in the Senate to restore fair rules of the road for Wall Street.&nbsp; Merkley described the factors that caused the financial collapse and subsequent recession, and the reforms needed in order to prevent another financial crisis from happening [&hellip;]","og_url":"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/","og_site_name":"Merkley","article_published_time":"2010-04-09T20:05:00+00:00","article_modified_time":"2023-07-24T15:11:21+00:00","twitter_card":"summary_large_image","twitter_misc":{"Written by":"","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/#article","isPartOf":{"@id":"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/"},"author":{"name":"","@id":""},"headline":"Merkley Stresses Need to Bring Accountability To Wall Street at Eugene City Club","datePublished":"2010-04-09T20:05:00+00:00","dateModified":"2023-07-24T15:11:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/"},"wordCount":335,"keywords":["Jobs and the Economy","Protecting Consumers, Taxpayers, and the Economy"],"articleSection":["Press Releases"],"inLanguage":"es-MX"},{"@type":"WebPage","@id":"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/","url":"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/","name":"Merkley Stresses Need to Bring Accountability To Wall Street at Eugene City Club - Merkley","isPartOf":{"@id":"https:\/\/www.merkley.senate.gov\/#website"},"datePublished":"2010-04-09T20:05:00+00:00","dateModified":"2023-07-24T15:11:21+00:00","author":{"@id":""},"breadcrumb":{"@id":"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/#breadcrumb"},"inLanguage":"es-MX","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.merkley.senate.gov\/es\/merkley-stresses-need-to-bring-accountability-to-wall-street-at-eugene-city-club\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.merkley.senate.gov\/"},{"@type":"ListItem","position":2,"name":"Merkley Stresses Need to Bring Accountability To Wall Street at Eugene City Club"}]},{"@type":"WebSite","@id":"https:\/\/www.merkley.senate.gov\/#website","url":"https:\/\/www.merkley.senate.gov\/","name":"merkley","description":"merkley","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.merkley.senate.gov\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"es-MX"},{"@type":"Person","@id":"","url":"https:\/\/www.merkley.senate.gov\/es\/author\/"}]}},"_links":{"self":[{"href":"https:\/\/www.merkley.senate.gov\/es\/wp-json\/wp\/v2\/posts\/6799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.merkley.senate.gov\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.merkley.senate.gov\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.merkley.senate.gov\/es\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.merkley.senate.gov\/es\/wp-json\/wp\/v2\/comments?post=6799"}],"version-history":[{"count":1,"href":"https:\/\/www.merkley.senate.gov\/es\/wp-json\/wp\/v2\/posts\/6799\/revisions"}],"predecessor-version":[{"id":16175,"href":"https:\/\/www.merkley.senate.gov\/es\/wp-json\/wp\/v2\/posts\/6799\/revisions\/16175"}],"wp:attachment":[{"href":"https:\/\/www.merkley.senate.gov\/es\/wp-json\/wp\/v2\/media?parent=6799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.merkley.senate.gov\/es\/wp-json\/wp\/v2\/categories?post=6799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.merkley.senate.gov\/es\/wp-json\/wp\/v2\/tags?post=6799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}