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 Statement on Death of Senator Daniel Inouye
Washington, DC– Oregon’s Senator Jeff Merkley issued the following statement on news of the death of Senator Daniel Inouye. “Senator Daniel Inouye was an American hero and his death is a huge loss for the Senate. I’ve admired him since I came here as an intern in 1976 to work
Merkley Blasts “Too Big to Jail” Policy for Lawbreaking Banks
WASHINGTON, DC – Oregon Senator Jeff Merkley today blasted the U.S. Department of Justice for its policy of offering “deferred prosecution” for large financial institutions that break federal criminal laws, including drug trafficking, money laundering, and sanctions violations, calling the policy “too big to jail” and demanding explanations. In a
Merkley to Join Powerful Senate Appropriations Committee
Washington, DC – Today, Oregon’s Senator Jeff Merkley announced that he will be joining the Senate Appropriations Committee. The Senate Appropriations Committee, considered to be one of the most powerful on Capitol Hill, is responsible for deciding how the federal government spends money. “I am thrilled to join the Senate Appropriations
Merkley Statement on Clackamas Shooting
WASHINGTON, DC – Oregon’s Senator Jeff Merkley released the following statement after reports of a shooting at a mall in Clackamas County: “I am shocked by today’s horrific and deeply disturbing events at Clackamas Town Center. To lose even one Oregonian to violence is heartbreaking. To have an ordinary December
Merkley and Bennet call upon SEC to Quickly Release Crowdfunding Rules
WASHINGTON, DC – Today, Senators Jeff Merkley (D-OR) and Michael Bennet (D-CO) sent a letter to SEC Chairman Mary Schapiro to request that rules governing crowdfunding activities be issued quickly. Merkley and Bennet were lead sponsors on the CROWDFUND Act, which was passed on April 5, 2012 and legalizes the
Merkley Saddened by Senate Vote Against Equal Opportunity
Washington, DC– Oregon’s Senator Jeff Merkley issued the following statement after the UN Convention on the Rights of Persons with Disabilities failed in the Senate. “Plain and simple, the U.S. Senate voted against equal opportunity today. I am frustrated and saddened by the failure of the U.S. Senate to ratify
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