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 Introduces Amendment to Protect Homeowners from Deceptive Mortgage Practices
WASHINGTON, DC – Today, Oregon’s Senator Jeff Merkley introduced an amendment to the Wall Street reform bill that will ban one of the most egregious mortgage practices that directly led to millions of families losing their homes. The amendment will ban mortgage lenders and loan originators from receiving hidden payments
Merkley Amendment Stops Foreign Companies from Dodging State Insurance Regulations
WASHINGTON, D.C. – United States Senator Jeff Merkley introduced an amendment today that will improve the Office of National Insurance (ONI) provisions of the Wall Street reform bill to ensure that U.S. and foreign insurers are operating on a level playing field internationally without unintentionally weakening state insurance regulation. “As
Merkley-Levin Amendment to Crack Down on High-risk Proprietary Trading
WASHINGTON, D.C. – United States Senators Jeff Merkley (Ore.) and Carl Levin (Mich.) are introducing an amendment today to the Wall Street Reform Bill that will get high-risk proprietary trading out of the nation’s banks and ensure that other financial companies’ trading doesn’t endanger the banking system. The amendment will
Merkley Statement on the Nomination of Solicitor General Kagan to the Supreme Court
Senator Merkley’s statement on President Barack Obama nomination of U.S. Solicitor General Elena Kagan to the Supreme Court.
Merkley Statement in Recognition of National Nurses Week
Washington, D.C. – In recognition of National Nurses Week, Oregon’s Senator Jeff Merkley released the following statement: “Nurses make a huge difference in the lives of millions of patients every single day. As a husband of a nurse, I know what a critical role nurses play in making sure our
Senators Introduce Legislation To Expand Vote By Mail, Save Money and Increase Voter Participation
Washington, D.C. – Looking for ways to expand voter participation and reduce the growing cost of elections, U.S. Senator Ron Wyden (D-Ore), Jeff Merkley (D-Ore.), John Kerry (D-Mass.), Thomas Carper (D-Del.), Maria Cantwell (D-Wash.) and Kirsten Gillibrand (D-NY) introduced a package of bills today that would make it easier for
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