Merkley, Bipartisan Senators Reintroduce Cannabis Banking Reform
Washington, D.C. – Today, Oregon’s U.S. Senator Jeff Merkley led a bipartisan group of Senators to reintroduce his legislation that would ensure state-legal cannabis businesses can access traditional and secure banking systems and financial services. Even with the recent federal reclassification of cannabis from Schedule I to Schedule III at
Foster, Merkley Introduce Bicameral Investor Choice Act
Washington, DC – Today, Congressman Bill Foster (D-IL-11) and Senator Jeff Merkley (D-OR) introduced the Investor Choice Act, legislation to prohibit pre-dispute mandatory, or “forced,” arbitration agreements and preserve customers’ ability to bring or join class action lawsuits in certain financial sectors. “Individuals shouldn’t need to surrender their legal rights because
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: Senate Budget Works for the Best Off, Not for Working Americans
WASHINGTON — Oregon’s Senator Jeff Merkley released the following statement after Senate Republicans narrowly passed a partisan budget that slashes investment in education, fails to close tax loopholes that ship jobs overseas, and attacks consumer protection and financial reform: “This budget works for the best off, but it sure doesn’t
Merkley Statement on CFPB Payday Rules: “It’s Well Past Time to Break” the Endless Cycle of Payday Debt
WASHINGTON — Oregon’s Senator Jeff Merkley, the top Democrat on the Senate Consumer Protection and Financial Institutions Subcommittee, issued the following statement after the Consumer Financial Protection Bureau released new details about planned payday lending rules: “Payday lending is an abusive industry that traps working families in an endless cycle
Merkley Slams Republican Efforts to Roll Back Consumer Protection and Wall Street Reform
WASHINGTON – Oregon’s Senator Jeff Merkley, along with Senators Elizabeth Warren (D-MA) and Al Franken (D-MN), slammed Senate Republicans’ budget push to roll back consumer protections and Wall Street reform at a press conference held in the Capitol today. The Senate Budget that is being debated on the floor this
Merkley, Franken Introduce Legislation To Promote Education in Science, Technology, Engineering and Mathematics (STEM)
Washington, DC – Oregon’s Senator Jeff Merkley and Senator Al Franken (D-MN) today introduced legislation designed to increase student access to courses in STEM education subjects and provide additional resources to recruit, train, and support teachers of these subjects. “Whether we’re inventing new life-saving medications, or creating new technologies for connecting
Merkley, Wyden Join 20 Other Senators in Call for Crude-by-Rail Safety Investments
WASHINGTON, D.C. – Oregon Senators Jeff Merkley and Ron Wyden today joined with 20 other Senators calling on the Senate Appropriations Committee to support robust investment for a Safe Transportation of Energy Products program to address increasing safety concerns related to the transportation of Bakken crude and other energy products. The
ICYMI — Consumer Protection News: Credit-Reporting Agencies to Improve Medical Debt Policies
WASHINGTON, D.C. — In Case You Missed It: This month brought big news for consumers, with credit-reporting agencies agreeing to major changes in how they treat medical debt. The three big credit-reporting agencies, Equifax, Experian, and TransUnion, will now have to wait 180 days before adding medical debt to a
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