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, Paul, Brown: End the War in Afghanistan
Washington, DC – Senators Jeff Merkley (D-OR), Rand Paul (R-KY), and Sherrod Brown (D-OH) yesterday called for a swift and orderly end to United States military involvement in Afghanistan. They made this call in recognition that in the coming months the President will decide how quickly to withdraw troops and
Merkley Welcomes JPMorgan Payday Lending Changes, Says More Needed
Washington, DC- Oregon’s Senator Jeff Merkley, sponsor of the SAFE Lending Act, a bill to crack down on online payday lending, issued the following statement after the New York Times reported that JPMorgan Chase has changed internal policies to rein in some of the worst practices by online payday lenders:
Merkley Passes Infrastructure Jobs Bill Through Committee
WASHINGTON, D.C.— Oregon’s Senator Jeff Merkley today announced that the Senate Environment and Public Works Committee has passed his Water Infrastructure Finance and Innovation Act (WIFIA). The WIFIA program was included as an element of the Water Resources Development Act (WRDA), which the committee passed on a bipartisan vote. WIFIA
Committee Passes Merkley Amendment to Level the Playing Field for Oregon Companies
WASHINGTON, D.C.— Oregon’s Senator Jeff Merkley led an effort today to pass an amendment to the funding outline for fiscal year 2014 paving the way for legislation to level the playing field for American businesses and workers by strengthening enforcement of U.S. trade agreements and U.S. trade laws. In industry
Committee Passes Merkley Amendment Aimed at Creating Jobs in Overgrown Forests
WASHINGTON, D.C.—An amendment by Oregon’s Senator Jeff Merkley aimed at putting people to work in the woods and improving the health of our overgrown forests passed the Senate Budget Committee today with bipartisan support. This amendment to the funding outline for fiscal year 2014 makes it possible for Congress to
Merkley: “London Whale” Report A Wake Up Call to Regulators
Washington, DC – Oregon’s Senator Jeff Merkley released the following statement after the Senate’s Permanent Subcommittee on Investigations released a report on J.P. Morgan’s “London Whale” losses: “Today’s report is yet another reminder to regulators that it is past time to get the job done on a strong, simple Volcker