Support for Living Wage Jobs

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

Merkley-Levin Amendment to Crack Down on High-risk Proprietary Trading

WASHINGTON, D.C. – United States Senators Jeff Merkley (Ore.) and Carl Levin (Mich.) are introducing an amendment today to the Wall Street Reform Bill that will get high-risk proprietary trading out of the nation’s banks and ensure that other financial companies’ trading doesn’t endanger the banking system.  The amendment will

Merkley backing a push to give states strong powers to regulate insurance

Sen. Jeff Merkley (D-Ore.) is leading an effort to ensure state insurance regulators keep strong powers under Wall Street overhaul legislation Buried in the 1,400-page bill to revamp the financial regulatory system is a provision to create a new Office of National Insurance to monitor insurers at the federal level.

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