Merkley: Consumer Protection Bureau Will Put Main Street First
Washington, DC- Oregon’s Senator Jeff Merkley released the following statement on the official opening of the Consumer Financial Protection Bureau (CFPB). “A cop is finally on the beat. For too long, regulators in Washington looked the other way when financial institutions took advantage of their customers in a bid to
Merkley Statement on Richard Cordray
Washington, DC – Oregon’s Senator Jeff Merkley released the following statement after the nomination by President Obama of Richard Cordray to be the first Director of the Consumer Financial Protection Bureau. “I first want to thank Elizabeth Warren for her hard work getting the Consumer Financial Protection Bureau up and
Merkley-Levin: GAO Study on Proprietary Trading Is a Major Disappointment
Washington, DC – Senators Jeff Merkley (D-OR) and Carl Levin (D-MI), the primary authors of the Merkley-Levin provisions limiting proprietary trading, issued the following statement on the release of a Government Accountability Office (GAO) study today: “The GAO study is a major disappointment. At best it is incomplete. At worst
Merkley on Special Interest Tax Programs: No Triple Crown Tax Treatment For the Wealthy While Workers Get Put Out To Pasture
Washington, D.C. – Today, Oregon’s Senator Jeff Merkley spoke on the Senate floor about the “Bluegrass Boondoggle,” a special interest tax subsidy for racehorse owners. Merkley noted that Republicans have placed special interest tax spending, like the Boondoggle, off limits as part of the deficit debate, while pushing for cuts
Merkley Applauds Release from Strategic Petroleum Reserve
Washington, DC – The Department of Energy announced today that it will sell off 30 million barrels from the Strategic Petroleum Reserve (SPR). Oregon’s Senator Jeff Merkley released a statement following the announcement. “I applaud President Obama and the Department of Energy for releasing a small portion of the Strategic
Merkley: New Leadership Needed at OCC
Washington, DC – Oregon’s Senator Jeff Merkley today urged President Obama to appoint a new head to the Office of the Comptroller of Currency (OCC), a position held for the past several year by Acting Comptroller John Walsh. Merkley’s comments came in response to recent statements from Walsh that criticize