Merkley Calls on G-20 Nations to Contribute to Financial Market Bailout, Assist in Recovery of AIG Bonuses
Washington, DC – Today, U.S. Senator Jeff Merkley of Oregon wrote to Treasury Secretary Timothy Geithner urging that he press other nations to participate in aiding financial markets, particularly given the newly disclosed fact that foreign banks are receiving bailout funds. Merkley also called on the Administration to enlist the
Wyden, Merkley Announce Emergency Funding To Retrain Workers In Eastern Oregon
Portland – Senators Ron Wyden and Jeff Merkley announced today funding to retrain about 150 workers laid off by Northwood Manufacturing in La Grande. The Oregon Department of Community Colleges and Workforce Development will receive about $438,000 in emergency funds from the U.S. Department of Labor to help workers in
Senate Health, Education Committee Passes Legislation to Strengthen National Service Programs
WASHINGTON, DC – The Senate Committee on Health, Education, Labor and Pensions today passed legislation to strengthen programs that encourage community service, a major priority of President Barack Obama. Oregon’s Senator Jeff Merkley, a cosponsor of the bill and member of the Committee, is working with his colleagues to clarify
Merkley Calls on AIG to Revoke Bonuses or Face Legislation to Recover Funds Through Taxation
Washington, DC – Oregon’s Senator Jeff Merkley today demanded American International Group (AIG) immediately renegotiate bonuses for employees or face legislation from Congress that would recoup the funds through taxation. In comments at a Senate Banking Committee hearing, he also called for robust regulation of the credit default swaps that
Merkley: As Unemployment Crisis Worsens, Emphasis Must be on Job Creation and Economic Investment
Washington, DC – Oregon’s Senator Jeff Merkley released a statement following the Oregon Employment Department’s announcement that the state’s unemployment rate climbed to almost 11 percent in February: “Oregon’s unemployment rate has skyrocketed to nearly 11 percent, up roughly five percentage points over five months. This isn’t just a disturbing
Wyden, Merkley Bring Much Needed Transportation Funds to Portland and the Willamette Valley
Washington, D.C. – Oregon Senators Ron Wyden and Jeff Merkley announced today that the Omnibus Appropriations Act of 2009 includes nearly $250 million for Oregon projects including $81.6 million for the Portland Mall Light Rail Project and $45 million for the Portland Streetcar Loop Project. These funds are part of