Tag: Economy

Merkley Applauds Senate Passage of Housing Provisions to Crack Down on Hedge Fund Control of American Homes

Washington, D.C. – Oregon’s U.S. Senator Jeff Merkley—a long-time champion of kicking hedge funds out of the housing market—released the following statement after the Senate passed sweeping housing legislation that includes the first-ever limits on institutional investors purchasing single-family homes: “Housing in our communities should be homes for families, not profit centers

Hawley, Merkley Introduce Bipartisan Bill to Ban Wall Street from Buying Single-Family Homes

WASHINGTON — Today, U.S. Senators Josh Hawley (R-Mo.) and Jeff Merkley (D-Ore.) introduced the Homes for American Families Act and an update of the HOPE for Homeownership Act, a comprehensive package to prohibit large institutional investors from buying up single-family homes. Their legislation is a response to the homeownership crisis in America, which has been exacerbated

Senate Democrats Introduce The American Homeownership Act To Stop Wall Street’s Housing Grab and Get Homes Back into the Hands of Families

Bill ends tax breaks and housing benefits for Wall Street, corporate landlords and reinvests the savings into building new housing and helping Americans achieve homeownership Bill Text | Fact Sheet Washington, D.C. – Today, U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, Jeff Merkley (D-Ore.),

Merkley, Lee Introduce Bipartisan Legislation to Save Taxpayers’ Money by Eliminating Penny Production

Washington, D.C. – Oregon’s U.S. Senator Jeff Merkley and Utah’s Senator Mike Lee introduced bipartisan legislation today that would advance responsible spending by ending production of the penny. Striking the penny has become increasingly costly, and the Make Sense Not Cents Act would permanently eliminate this wasteful spending. Each penny costs nearly 4 cents to make—a number that has risen more than 20

Oregon Delegation Recognizes the Essential Work of the League of Oregon Cities

Washington, D.C. – Oregon’s U.S. Senators Jeff Merkley and Ron Wyden—along with U.S. Representatives Suzanne Bonamici (OR-01), Val Hoyle (OR-04), Andrea Salinas (OR-06), Maxine Dexter (OR-03), and Janelle Bynum (OR-05)—introduced a concurrent resolution celebrating the League of Oregon Cities’ (LOC) 100th anniversary and recognizing its significant contributions to Oregon’s municipalities. “For 100 years, the League of Oregon Cities has strengthened communities, championed local

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