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 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 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
Merkley and Wyden Announce $11 Million for Upper Klamath Basin
Washington DC – Today Oregon Senators Jeff Merkley and Ron Wyden announced that the U.S. Department of Agriculture’s (USDA) Natural Resources Conservation Service (NRCS) will invest up to $11 million in the Upper Klamath Basin over the next five years for water conservation, water quality, and fish habitat restoration efforts.