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
Transportation Bill Passes Out of Committee
Washington, DC- Oregon’s Senator Jeff Merkley today joined his colleagues in the Environment and Public Works Committee in unanimously approving bipartisan legislation to reauthorize the nation’s transportation programs for two years. “Finally, a major jobs bill with bipartisan support is making forward progress in the U.S. Senate,” Merkley said. “This
MERKLEY INTRODUCES “EV CAR ACT”
Washington, DC– Today, Oregon’s Senator Jeff Merkley introduced the Electric Vehicle Charge and Ride Act (EV CAR), which would allow states to build electric vehicle charging stations in new or existing “park-and-ride” facilities. The bill will help boost deployment of electric vehicles and facilitate carpooling, while reducing our dependence on
Merkley Releases County-by-County Report on Loss of Construction Jobs and the State of Oregon Bridges
Washington, DC – Today, Oregon’s Senator Jeff Merkley released a report showing that 456 bridges in Oregon are structurally deficient, and said investments in rebuilding those bridges would put thousands of Oregonians back to work—especially those in the field of construction, which has experienced far higher unemployment that most other
Senators Introduce Constitutional Amendment to Clean Up Campaign Finance System
WASHINGTON – U.S. Senators Tom Udall and Michael Bennet today introduced a constitutional amendment to grant Congress the authority to regulate the campaign finance system. Among other important reforms, the amendment would allow Congress to correct the controversial Citizens United v. FEC Supreme Court ruling on campaign finance that has the effect of
Merkley, Brown Introduce Bill to Protect Seniors from Scams
Washington, DC – Today, on Halloween, Oregon’s Senator Jeff Merkley and Ohio’s Senator Sherrod Brown introduced the Deceptive Loan Checks Elimination Act, which would prohibit companies from sending “live” loan checks to consumers. In these schemes, financial institutions send unsuspecting customers a check made out to them for some amount.
Merkley Urges Rehab-to-Rent Strategy to Help Stabilize Housing
WASHINGTON, DC – Oregon’s Senator Jeff Merkley joined 33 of his colleagues in asking the Obama Administration and the Federal Housing Finance Agency (FHFA) to swiftly develop an efficient and effective real estate owned (REO) management strategy. This strategy will convert foreclosed homes into affordable rentals to help address the foreclosure
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