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 and Alsobrooks: Senate Republicans Vote to Allow Federal Student Loan Costs to Soar
Washington, D.C. – Today, Oregon’s U.S. Senator Jeff Merkley and Maryland’s U.S. Senator Angela Alsobrooks slammed Senate Republicans for voting to allow the Trump Administration to cap federal student loans and overhaul the student loan system, driving up costs for students across the nation: “As the first in my family
Merkley Statement on Victory for American Solar Manufacturing
Washington, DC– Oregon’s Senator Jeff Merkley issued the following statement after the U.S. Commerce Department announced that duties will be placed on imported Chinese solar panels and cells manufacturers to compensate for illegal trade practices by the Chinese companies, many of which are state-owned or state-controlled. “I’ve said it before
Merkley, Levin Call on Regulators to Close “JPMorgan Loophole”
WASHINGTON – Oregon’s Senator Jeff Merkley and Senator Carl Levin (D-MI) today sent a letter to regulators, calling on them to close the “JPMorgan Loophole.” Although the Dodd-Frank Act prohibits banks from proprietary trading, the regulators’ proposed rule creates a new loophole that could allow proprietary trading to continue even
Merkley, Wyden Announce $85 Million for Portland to Milwaukie Light Rail Line
PORTLAND, OR – Oregon’s Senators Jeff Merkley and Ron Wyden announced today that Trimet has been awarded $85 million from the U.S. Department of Transportation to help complete the Portland to Milwaukie light rail line. “The Portland to Milwaukie line will expand Portland’s world class public transit system even further
Merkley Statement on New Alaska Airlines Flight From DC to Portland
Washington, DC- Today, Oregon’s Senator Jeff Merkley issued the following statement after the Department of Transportation announced an order granting beyond-perimeter slot exemptions at Ronald Reagan Washington National Airport (DCA) to allow for a new direct flight between DCA and Portland International Airport. On February 17, 2011, the United States
Merkley: J.P. Morgan’s Trading Losses Show Need for Strong Volcker Rule
Washington, DC- Oregon’s Senator Jeff Merkley, cosponsor of the Merkley-Levin provision in Dodd-Frank that put into law the Volcker Rule, issued the following statement after news that J.P. Morgan lost at least $2 billion in portfolio hedging trades made by their risk management division. “What yesterday’s announcement makes abundantly
Merkley: Employment Non-Discrimination Hearing Opportunity to Hear Employment Struggles of LGBT Americans
Washington, DC- Oregon’s Senator Jeff Merkley, lead sponsor of the Employment Non-Discrimination Act (ENDA), issued the following statement after Senator Harkin (D-IA), Chairman of the Health, Education, Labor, and Pensions (HELP) Committee, announced that HELP would hold a hearing on ENDA on June 12. Yesterday, Senator Merkley, along with Senators
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