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, Alexander Introduce Bill to Jump-Start Electric Vehicles
WASHINGTON — U.S. Senators Jeff Merkley (D-OR) and Lamar Alexander (R-TN) today introduced the “Promoting Electric Vehicles Act” to provide temporary encouragement for the development and use of plug-in electric motor vehicles nationwide. The bill would create limited, short-term “deployment communities” across the country in order to help jump-start the market
Merkley, Boxer Urge U.S. Treasury to Start Credit Flowing to Small Businesses
Washington, D.C. – Senators Jeff Merkley (D-OR) and Barbara Boxer (D-CA) sent a letter to Treasury Secretary Timothy Geithner Monday, encouraging him to implement the Small Business Lending Fund as soon as possible to provide community banks with $30 billion in capital that will help them leverage up to $300
Merkley: Bin Laden Death Provides Justice for America
Washington, D.C. – Oregon’s Senator Jeff Merkley issued the following statement after news that U.S. Special Forces have killed Osama bin Laden: “I salute President Obama and his exceptional team on bringing Osama bin Laden to justice. The President’s resolute determination and the hard work, perseverance, and bravery of so
Merkley Statement on Soaring Profits for Big Oil
Washington, D.C. – Two of the world’s biggest oil companies announced billions in profits today and the rest of the industry is expected to post similarly high numbers later this week. BP recorded a first-quarter profit of $7.1 billion and ConocoPhillips recorded a $3.03 billion profit – and yet gas
NEW STUDY: MERKLEY OIL PLAN RANKS HIGH IN SAVINGS
Washington, D.C. – A new study by the American Council for an Energy-Efficient Economy (ACEEE) finds that Oregon’s Senator Jeff Merkley’s oil independence plan would produce the largest savings by the year 2030 of nine proposals issued since 2006. Senator Merkley released his “America Over a Barrel” plan last year
MERKLEY: MORTGAGE SERVICERS AGREEMENT FALLS SHORT
Washington, DC – Three federal agencies announced agreements on Wednesday with the nation’s largest mortgage servicers aimed at reforming the industry. The regulators’ consent agreement is in response to an interagency review from last year that documented a host of abuses in the loan servicing industry. Oregon’s Senator Jeff Merkley,
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