Sen. Merkley hears foreclosure complaints
Merkley held a foreclosure summit in North Portland, where he invited banks, housing agencies and homeowners to air their concerns. Homeowners struggling with foreclosure told Oregon Senator Jeff Merkley Wednesday that they’re not getting help when trying to modify their loans. Kristian Foden-Vencil reports. One of the main problems mentioned
Merkley pushes plan to ease threat of foreclosures
On the same day President Obama unveiled a $75 billion plan to forestall home foreclosures, rookie U.S. Sen. Jeff Merkley, D-Portland, convened a group of experts in North Portland to discuss impediments to keeping people in their homes. “Empty homes contribute to the fast-dropping values of homes, putting more families
Merkley: Economic Growth Package Contains Significant Help For Workers and States
Washington, DC – Oregon’s Senator Jeff Merkley expressed his support for the American Recovery and Reinvestment Act prior to today’s Senate vote on the final package. The bill will create jobs, invest in America’s infrastructure, provide assistance to states and promote the production and development of green energy. “America
Merkley Joins Effort to Reform and Strengthen Oversight of Credit Card Industry
Washington D.C. – Oregon’s Senator Jeff Merkley has co-sponsored legislation to end dangerous credit card practices that have buried many American consumers in debt. The Credit Card Accountability, Responsibility and Disclosure (CARD) Act, sponsored by Banking Committee Chairman Chris Dodd, will strengthen regulation and oversight of the credit card industry
Merkley: Growth Package Charts New Path For Job Creation and Economic Recovery
Washington, DC – The United States Senate today passed legislation proposed by President Obama to arrest the current economic freefall, create jobs and pave the way for future growth. Oregon’s Senator Jeff Merkley joined sixty of his colleagues in supporting the package. “In Oregon, we’ve seen a one percentage
Merkley: Jobs Numbers Underscore Need to Act on Recovery Package Now
Washington, DC – The United States Labor Department released new jobs numbers today showing that the American economy lost almost 600,000 jobs in January alone and the unemployment rate has hit a 16 year high of 7.6%. Oregon’s Senator Jeff Merkley issued the following statement: “Every day we get
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