Support for Living Wage Jobs

Merkley Joins Effort to Pass Wall Street Reform

The United States Senate tonight passed important reform legislation to rein in abuse on Wall Street and restore stability to financial markets.  The bill contains key mortgage lending reforms championed by Oregon’s Senator Jeff Merkley: a ban on prepayment penalties, “liar” loans issued without supporting documentation, and steering payments to originators for putting borrowers in high-cost mortgages.

Merkley: Let Volcker have a Vote

The amendment 410, is an amendment that is cosponsored by Carl Levin and myself and about 20 other Senators in this body. There are not that many amendments that have 20-plus cosponsors.  I will tell you that it is not the number of cosponsors, although that indicates a genuine interest

Merkley, Levin: Free the Volcker Rule

WASHINGTON, D.C. – Today, Senate Republicans refused to allow a vote on a long-anticipated amendment to the Wall Street accountability bill that will ban the high-risk trading that brought our economy to the brink of meltdown.  The amendment’s chief sponsors, Oregon Senator Jeff Merkley and Michigan Senator Carl Levin, today

Senate Passes Merkley-Klobuchar Amendment to Protect Homeowners

WASHINGTON, DC – Today, an amendment put forth by Oregon Senator Jeff Merkley and Minnesota Senator Amy Klobuchar to the Wall Street reform bill passed the Senate by a vote of 63-36.  The amendment will protect homeowners by prohibiting mortgage lenders and loan originators from receiving hidden payments when they

Merkley Amendment Stops Foreign Companies from Dodging State Insurance Regulations

WASHINGTON, D.C. – United States Senator Jeff Merkley introduced an amendment today that will improve the Office of National Insurance (ONI) provisions of the Wall Street reform bill to ensure that U.S. and foreign insurers are operating on a level playing field internationally without unintentionally weakening state insurance regulation.   “As

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