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 Helps Pass Job-Creating Transportation Bill Out of Committee
WASHINGTON – Today, Oregon’s Senator Jeff Merkley helped to pass a bipartisan, job-creating transportation bill out of the Senate’s Environment and Public Works Committee. The bill will ensure that construction work across the country does not come to an abrupt halt later this year and will make job-creating investments in
Merkley Leads Senators in Pushing CFPB to Crack Down on Predatory Payday Loans
WASHINGTON – In a letter sent to the Director of the Consumer Financial Protection Bureau (CFPB) today, six Senators – Oregon’s Senator Jeff Merkley, along with Sen. Dick Durbin (D-IL), Sen. Tom Harkin (D-IA), Sen. Tom Udall (D-NM), Sen. Richard Blumenthal (D-CT), and Sen. Elizabeth Warren (D-MA) – pushed the
Merkley Demands FDA Protect Users and Bystanders from Harmful Chemicals in E-Cigarettes
Washington, D.C. – In a letter sent today to the Food and Drug Administration (FDA), Oregon’s Senator Jeff Merkley and seven colleagues called for the agency to acknowledge recent studies that indicate possible harmful health effects of “vapor” or “plume” on e-cigarette users and secondhand inhalers. Senators Edward J. Markey
Merkley Teams Up With Warren on Bill to Reduce Debt Burden for Student Borrowers
WASHINGTON – Today, Oregon’s Senator Jeff Merkley teamed up with Senator Elizabeth Warren to introduce the Bank on Students Emergency Loans Refinancing Act, which will allow students paying high interest rates on student loans to refinance both public and private federal loans at a fixed, lower interest rate. “In this
Merkley to Chair Hearing on Job Creation
Washington, DC – Today, Oregon’s Senator Jeff Merkley, Chairman of the United States Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy, announced his subcommittee will hold a hearing on Wednesday, May 7 at 2:30 pm EST in Room 538 of the Dirksen Senate Office Building in Washington, D.C.,
As Families Consider New Financial Aid Offers, Merkley Announces Cosponsorship of Legislation to Refinance High-Interest Student Loans
Portland, OR – As students and their families consider financial aid offers for the 2014-15 school year, U.S. Senator Jeff Merkley was joined today by Portland State University students in announcing his cosponsorship of legislation to help tens of millions of graduates refinance their existing federal student loans. National student
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