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 Joins Effort to Pass Wall Street Reform
The United States Senate tonight passed important reform legislation to rein in abuse on Wall Street and restore stability to financial markets. The bill contains key mortgage lending reforms championed by Oregon’s Senator Jeff Merkley: a ban on prepayment penalties, “liar” loans issued without supporting documentation, and steering payments to originators for putting borrowers in high-cost mortgages.
Merkley to Hold Wheeler, Gilliam and Grant County Town Halls
Portland, OR – Oregon’s Senator Jeff Merkley will hold town halls in Wheeler, Gilliam and Grant Counties next week. He will update constituents on his work in Washington, DC and answer their questions and invite their suggestions about how to tackle the challenges facing Oregon and America. “Advocating for Oregonians
Merkley, Levin: Free the Volcker Rule
WASHINGTON, D.C. – Today, Senate Republicans refused to allow a vote on a long-anticipated amendment to the Wall Street accountability bill that will ban the high-risk trading that brought our economy to the brink of meltdown. The amendment’s chief sponsors, Oregon Senator Jeff Merkley and Michigan Senator Carl Levin, today
West Coast Senators Introduce Bill to Protect The Pacific Coast from Offshore Oil Drilling
Washington, D.C. –U.S. Senators Barbara Boxer (D-CA), Maria Cantwell (D-WA), Dianne Feinstein (D-CA), Patty Murray (D-WA), Ron Wyden (D-OR) and Jeff Merkley (D-OR) introduced legislation today to permanently prohibit offshore drilling on the outer continental shelf of California, Oregon and Washington State. The legislation would amend the Outer Continental Shelf
Merkley Joins Effort to Ease the Financial Burden of Flood Protection for Rural Communities
Washington, D.C. – Oregon’s Senator Jeff Merkley joined Montana Senators Max Baucus and Jon Tester in an effort to make it easier and more affordable for rural communities to comply with flood protection requirements. “Many Oregon communities are already struggling with high unemployment and a lackluster economy and can’t afford
Senate Passes Merkley-Klobuchar Amendment to Protect Homeowners
WASHINGTON, DC – Today, an amendment put forth by Oregon Senator Jeff Merkley and Minnesota Senator Amy Klobuchar to the Wall Street reform bill passed the Senate by a vote of 63-36. The amendment will protect homeowners by prohibiting mortgage lenders and loan originators from receiving hidden payments when they
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