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 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 Levin Instruct Regulators to Follow Congressional Intent on Volcker Rule
Washington, D.C. – In a letter to federal regulators charged with implementing the Merkley-Levin provisions of the Dodd-Frank Act Friday, U.S. Senators Jeff Merkley and Carl Levin provided explicit instructions regarding their statutory intent to restrict high-risk proprietary trading and conflicts of interest at financial firms. As the primary co-authors
Senators Query Secretary Clinton On Pending Decision On TransCanada Tar Sands Pipeline
WASHINGTON (FRIDAY, Oct. 29) – Led by Sen. Patrick Leahy (D-Vt.) and Sen. Jeff Merkley (D-Ore.), 11 U.S. senators are raising questions about the pending approval of the TransCanada Keystone XL tar sands pipeline. In a letter sent Thursday to Secretary of State Hillary Clinton, the lawmakers sought answers to
Senators Call on Regulators to Implement Strong Merkley-Levin Provisions
Washington, D.C. – To ensure that the Merkley-Levin proprietary trading restrictions of the Dodd-Frank Act are implemented as intended by Congress, Senators Jeff Merkley (D-Ore.), Carl Levin (D-Mich.), and 16 of their colleagues submitted comments to the Financial Stability Oversight Council (FSOC) Thursday. In the comments, the group of senators
Senator Merkley, Veterans Release Operation Free Energy Security Report
Washington, DC: U.S. Senator Jeff Merkley (D-OR) and top retired military leaders held a telephone press conference today to announce the release of Operation Free’s new report, entitled “Tackling Oil Addiction: Reducing Dependency on Our Enemies.” The report, co-sponsored by the Truman National Security Project, outlines the security implications of
Merkley Urges Oregonians to Share Concerns Over Tobacco Candy with FDA
Portland, OR – The U.S. Food and Drug Administration (FDA) this week opened a 60-day comment period on dissolvable tobacco candy products. Oregon’s Senator Jeff Merkley urged Oregonians to submit their stories and opinions relating to the sale, distribution, and use of tobacco candy to the FDA. “Tobacco candy
Merkley, Wyden Announce $7.5 Million for Advanced Transit in Portland and Eugene
Portland, OR – Oregon Senators Jeff Merkley and Ron Wyden today announced that Oregon has been awarded $7.5 million for investments in new buses and light rail vehicles in Portland and Eugene. The awards include $4.2 million for Tri-Met to install technology that will enable light rail vehicles to turn