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 Cosponsors Plan to Replace Military Retiree Pension Changes in Budget Agreement
Washington, DC – Today, Oregon’s Senator Jeff Merkley cosponsored the Military Retirement Restoration Act to safeguard military retirees from changes to cost of living adjustments (COLA) that were included in the bipartisan budget agreement the Senate is expected to pass today. The bill would replace the estimated $6 billion in
Merkley Statement on Murray-Ryan Budget Compromise
Washington, DC – Today Oregon’s Senator Jeff Merkley announced he will vote for the Murray-Ryan budget compromise, which will offer some relief from sequestration for the next two fiscal years. “For the last three years, Congress has been governing from crisis to crisis, hurting the economy and the American families
Merkley, Baldwin Introduce Legislation to Level the Playing Field for American Manufacturing
WASHINGTON – Today, Oregon’s Senator Jeff Merkley and Senator Tammy Baldwin (D-WI) introduced new legislation that would crack down on unfair trade practices, level the playing field for American manufacturing companies, and help create middle class jobs. The Level the Playing Field in Global Trade Act would ensure that sub-standard
Merkley Statement on Watt Cloture Vote
WASHINGTON – Oregon’s Senator Jeff Merkley released the following statement after the Senate invoked cloture on the nomination of Mel Watt, ensuring a final vote on his nomination to head the Federal Housing Finance Agency (FHFA): “Subprime loans and the resulting foreclosure crisis caused a financial meltdown five years ago.
Merkley and Levin Statement on Final Volcker Rule
Washington, DC – Senators Jeff Merkley (D-OR) and Carl Levin (D-MI) released the following joint statement after approval by the Federal Reserve and the Federal Deposit Insurance Commission (FDIC) of the final Volcker Rule, a firewall between traditional banking and hedge fund style gambling. Merkley and Levin led the fight
Merkley: Advice and Consent Role Restored in Senate, Praises Millett Confirmation
Washington, DC – Oregon’s Senator Jeff Merkley issued the following statement after the Senate approved the nomination of Patricia Millett for the U.S. Court of Appeals for the District of Columbia by a simple up or down vote. “Today’s vote shows that the constitutional concept of ‘advice and consent’ has
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