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 Statement on Intel Announcement
Portland, OR – Oregon’s Senator Jeff Merkley issued the following statement Tuesday following Intel’s announcement of their plans to break ground on a new fab in Oregon and an upgrade to two Hillsboro facilities. Today’s announcement represents thousands of construction jobs for Oregonians and between 800-1000 new permanent Intel jobs
Merkley, Wyden Praise $13.5 Million Grant to Restore Coos Bay Rail Line and Create Jobs in Southwest Oregon
Portland, OR – Oregon Senators Jeff Merkley and Ron Wyden issued the following statements Friday following the announcement that the U.S. Department of Transportation has awarded the Port of Coos Bay with a $13.5 million grant to fully repair the Coos Bay rail line. “Today we’re celebrating a huge win
Merkley, Wyden Call on JP Morgan Chase and Ally Financial to Halt Foreclosures in All States
Washington, D.C. – Following news that Bank of America will be halting foreclosures in all 50 states until further investigation into foreclosure practices takes place, Oregon Senators Jeff Merkley and Ron Wyden sent a letter to JP Morgan Chase and Ally Financial calling for a similar moratorium on foreclosure proceedings
Merkley Calls for Independent Investigation of Foreclosure Practices
Washington, D.C. – Following the news that Ally Financial improperly handled foreclosure documents and decisions by several of the largest mortgage servicers to freeze foreclosures, Oregon’s Senator Jeff Merkley sent a letter to U.S. Treasury Secretary Timothy Geithner and U.S. Secretary of Housing and Urban Development Shaun Donovan urging them
Merkley Announces an Additional $82 Million for Oregon Foreclosure Assistance
Washington, D.C. – Oregon’s Senator Jeff Merkley announced today that the U.S. Department of Treasury has awarded an additional $82 million to the Oregon Housing Finance Agency for the Hardest Hit Fund program. This brings a total of $220 million in federal assistance to Oregon for foreclosure-prevention assistance. “The only
Merkley, Wyden: Electric Vehicles Will Strengthen the Economy and Help End Dependence on Foreign Oil
Washington, D.C. – Oregon Senators Jeff Merkley and Ron Wyden issued the following statements Wednesday after Governor Ted Kulongoski announced that the State of Oregon has received a major federal grant to install electric vehicle charging stations between Eugene and Ashland, Oregon: “Today’s announcement is another step forward in making
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