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 to Hold Metro Area and Willamette Valley Town Halls
Portland – Oregon’s Senator Jeff Merkley will hold town halls in Multnomah, Clackamas, Polk, Linn and Marion counties in late June. He will update constituents on his work in Washington, DC and answer their questions about the challenges facing Oregon and America. “Advocating for Oregonians is my number one responsibility,”
Obama Financial Regulation Plan Includes Merkley-Backed Provisions to Strengthen Protections for Consumers
Washington, DC – The White House plan to overhaul regulation of the financial markets includes several prominent elements championed by Oregon’s Senator Jeff Merkley to strengthen consumer protections and improve oversight. “Wall Street executives took ordinary investments and turned the financial markets into Las Vegas. They bet big, lost, and
Wyden, Merkley Tout Newport as New Home for NOAA Fleet
PORTLAND –Oregon Senators Ron Wyden and Jeff Merkley have urged the National Oceanic And Atmospheric Administration to select Newport as the future home for NOAA’s Pacific fleet. In a letter sent earlier this month to Rear Admiral Jonathan W. Bailey, Director of NOAA’s Office of Marine & Aviation Operations and
Merkley Applauds Recovery Money For Head Start Programs
Washington, D.C. – Oregon’s Senator Jeff Merkley applauded the nearly $1 million in American Recovery and Reinvestment Act funds heading to Head Start programs throughout Oregon. The funds will help programs in a variety of ways including retaining and recruiting teachers, enhancing facilities and hiring support staff. “The foundation for
Merkley: Chrysler to Buy Back Cars From Dealers Forced to Close
Washington, DC – Oregon’s Senator Jeff Merkley announced today that Chrysler has revised its strategy for compensating dealers that are losing their franchises. Last week, Merkley sent a letter to Chrysler and GM taking issue with the lack of assistance. In the letter to Fritz Henderson, CEO of General Motors,
Merkley: Financial Regulation Overhaul Must Include Protections for Consumers
Washington, DC – This week, President Barack Obama will lay out principles for the upcoming debate over modernizing regulations of the financial market. Oregon’s Senator Jeff Merkley is urging the White House to include strong protections for consumers in that effort. The lack of clear regulations and strong protections for