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: The President’s Budget Has Strengths and Weaknesses
Washington, DC – Oregon’s Senator Jeff Merkley released the following statement after President Obama sent his 2014 budget request to Congress: “This budget has both strengths and weaknesses. “A strength is its investment in infrastructure and education. The president is right to emphasize rebuilding our crumbling infrastructure now when borrowing
MERKLEY INTRODUCES BILL TO CRACK DOWN ON EXCESSIVE INTEREST RATES AND FEES
Washington, D.C. – Oregon’s Senator Jeff Merkley joined Assistant Majority Leader Dick Durbin (D-IL), Richard Blumenthal (D-CT) Sheldon Whitehouse (D-RI) and Barbara Boxer (D-CA), to introduce the Protecting Consumers from Unreasonable Credit Rates Act today, a bill to eliminate the excessive rates and fees that some consumers are charged for
Merkley Statement on the Passing of Lynn Lundquist
Washington, DC- Oregon’s Senator Jeff Merkley issued the following statement on the passing of Lynn Lundquist, former Oregon Speaker of the House and founder of the Oregon Business Association. “Lynn was a powerful voice for education, rural issues, and bipartisan problem solving. I was honored to serve with him in
Merkley: Marriage Equality Issue of Fundamental Fairness
Washington, DC- Oregon’s Senator Jeff Merkley issued a statement on the day the Supreme Court started hearing oral arguments on Hollingsworth v. Perry, a case challenging California’s Proposition 8, banning marriage for same-sex couples. “Marriage equality is an issue of fundamental fairness. The Supreme Court should do the right thing
Merkley: Budget Puts Middle Class First
Washington, DC – Oregon’s Senator Jeff Merkley, a member of the Senate Budget Committee, issued the following statement after Senate passage of a budget framework for fiscal year 2014. “For too long, our economy hasn’t been working for too many middle class Oregonians. This budget lays out a path to
Merkley “Too Big to Jail” Amendment Passes
Washington, DC- Oregon’s Senator Jeff Merkley issued the following statement after the Senate passed his amendment to create a deficit-neutral reserve fund to facilitate the criminal prosecution of U.S. financial institutions that break the law, regardless of size. “Under our American system of justice – where Lady Justice is blindfolded