Blumenthal & Merkley Lead Colleagues in Push to End CFTC Assault on State Prediction Markets Oversight
“Through engaging in this campaign of litigation and intimidation, the CFTC risks becoming an instrument and enabler of online prediction markets’ efforts to bypass states’ consumer protections and oversight, creating a race-to-the-bottom in gambling.” WASHINGTON, D.C. – U.S. Senators Richard Blumenthal (D-CT) and Jeff Merkley (D-OR) this week led 15
Merkley Launches Investigation into Waste, Fraud, and Abuse Surrounding Renovation of the Reflecting Pool
Washington, D.C. – Today, Oregon’s U.S. Senator Jeff Merkley—Ranking Member of the Senate Budget Committee and Ranking Member of the Senate Interior-Environment Appropriations Subcommittee—launched an investigation into the Trump Administration’s renovation of the Lincoln Memorial Reflecting Pool ahead of America’s 250th anniversary, which has so far reportedly cost American taxpayers more
Merkley and Alsobrooks: Senate Republicans Vote to Allow Federal Student Loan Costs to Soar
Washington, D.C. – Today, Oregon’s U.S. Senator Jeff Merkley and Maryland’s U.S. Senator Angela Alsobrooks slammed Senate Republicans for voting to allow the Trump Administration to cap federal student loans and overhaul the student loan system, driving up costs for students across the nation: “As the first in my family
Crowdfunding Rules Finalized: Merkley Highlights New Online Options for Small Businesses to Grow
WASHINGTON, D.C. – Today, the U.S. Securities and Exchange Commission (SEC) finalized crowdfunding rules to allow startups and small businesses to raise funds from small-dollar investors. Oregon’s Senator Jeff Merkley authored the provision of the JOBS Act to legalize crowdfunding, and has been repeatedly pressing the SEC to finalize the
Banking Committee Members Urge SEC Nominees to Support Rule Requiring Public Companies to Disclose Political Spending
WASHINGTON, D.C. – Eight members of the Senate Banking Committee urged the newly-named nominees for the U.S. Securities and Exchange Commission (SEC) to support a requirement that publicly-held companies disclose their political spending to shareholders, and pressed the nominees to work to put such a rule into action should they
Merkley Applauds Administration Action to Extend Income-Based Student Loan Repayment to All Federal Borrowers
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after the U.S. Department of Education finalized a new rule making all Americans who take out student loans directly from the federal government eligible for income-based repayment that will cap monthly payments at 10% of their discretionary income. The
Merkley Raises Alarm on Impending Debt Ceiling Battle
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley took to the Senate Floor today to discuss the impending deadline to lift the debt ceiling before the nation’s borrowing authority runs out on November 3rd. Merkley noted that America has an obligation to pay its debts and that the full faith and
Merkley Presses for Fix to Rural Development Rental Assistance Shortfall that Could Kick Low-Income Oregonians Out of their Homes
WASHINGTON, D.C. – Today, Oregon’s Senator Jeff Merkley, the Ranking Member of the Senate Agriculture Appropriations Subcommittee, brought a key Oregon witness, Tony Chrisman, to testify before the panel on an impending rural housing disaster. Specifically, the U.S. Department of Agriculture’s (USDA) Rural Development agency – due to a budget
Senators Press OMB to Quickly Review Rule Finally Regulating E-Cigarettes and Other Unregulated Tobacco Products
WASHINGTON, D.C. – Today, Oregon’s Senator Jeff Merkley and Senator Richard Blumenthal (D-CT), joined by Sens. Charles E. Schumer (D-NY), Patty Murray (D-WA), Barbara Boxer (D-CA), Edward J. Markey (D-MA), Sherrod Brown (D-OH), Dick Durbin (D-IL), Jack Reed (D-RI), Dianne Feinstein (D-CA) and Elizabeth Warren (D-MA), pressed the White House
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