Obama Financial Regulation Plan Includes Merkley-Backed Provisions to Strengthen Protections for Consumers
Washington, DC – The White House plan to overhaul regulation of the financial markets includes several prominent elements championed by Oregon’s Senator Jeff Merkley to strengthen consumer protections and improve oversight. “Wall Street executives took ordinary investments and turned the financial markets into Las Vegas. They bet big, lost, and
Wyden, Merkley Tout Newport as New Home for NOAA Fleet
PORTLAND –Oregon Senators Ron Wyden and Jeff Merkley have urged the National Oceanic And Atmospheric Administration to select Newport as the future home for NOAA’s Pacific fleet. In a letter sent earlier this month to Rear Admiral Jonathan W. Bailey, Director of NOAA’s Office of Marine & Aviation Operations and
Merkley: Chrysler to Buy Back Cars From Dealers Forced to Close
Washington, DC – Oregon’s Senator Jeff Merkley announced today that Chrysler has revised its strategy for compensating dealers that are losing their franchises. Last week, Merkley sent a letter to Chrysler and GM taking issue with the lack of assistance. In the letter to Fritz Henderson, CEO of General Motors,
Merkley: Financial Regulation Overhaul Must Include Protections for Consumers
Washington, DC – This week, President Barack Obama will lay out principles for the upcoming debate over modernizing regulations of the financial market. Oregon’s Senator Jeff Merkley is urging the White House to include strong protections for consumers in that effort. The lack of clear regulations and strong protections for
Wyden, Merkley Announce $15 million in Recovery Package Funding for Low-Income Weatherization Programs
Washington, D.C. – Continuing efforts to make sure low-income Oregonians have safely heated and more energy efficient homes, U.S. Senators Ron Wyden (D-Ore.) and Jeff Merkley (D-Ore.) announced today that Oregon’s Low-Income Weatherization Assistance Programs (WAP) will receive more than $15 million in funding from the American Recovery and Reinvestment
Merkley Statement on National Unemployment Rate
Washington, DC – Oregon’s Senator Jeff Merkley released a statement today following the announcement by the Department of Labor that job losses were lower than expected even though the national unemployment rate climbed to 9.4 percent. “The loss of nearly 350,000 jobs last month is unacceptable. While some experts
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