Sen. Jeff Merkley slammed Donald Trump ‘s selection of Steve Mnuchin for Treasury secretary on Wednesday. “This man is an expert on how to make money in predatory lending and putting him in charge — it is absolutely the opposite of draining the swamp. It is filling the swamp with
Washington, D.C. – Today, Oregon Senators Ron Wyden and Jeff Merkley announced that the U.S. Department of Labor has awarded $6 million to help educate and train Oregonians for jobs in Oregon’s growing health care industry. The grant, awarded to Worksystems Inc., is part of America’s Promise, which helps cover education
At least 120 House Democrats have signed a letter demanding President-elect Donald Trump rescind his appointment of Breitbart News chief Steve Bannon as chief strategist. The effort was led by Rhode Island Representative David Cicilline, while Democrats in the Senate have also spoken out. Cicilline is reportedly circulating the letter, which
Oregon’s junior U.S. Sen. Jeff Merkley denounced president-elect Donald Trump’s appointment of Stephen Bannon, a man with ties to the alt-right movement and white nationalism, to a top post in Trump’s administration. “There should be no sugarcoating the truth here: Donald Trump just invited a white nationalist into the highest
Democratic members of Congress are calling for President-elect Donald Trump to rescind his appointment of conservative news executive Stephen Bannon as his chief strategist. Sen. Jeff Merkley of Oregon was among one of the first lawmakers to condemn the appointment in a statement Monday. “There should be no sugarcoating the
It should be easier to save money for retirement. We can all agree on that, right? But about half of all Americans who work in the private sector do not have access to an employer-based retirement plan like a 401(k). Federal legislation to increase those numbers has not amounted to much.
Wells Fargo’s legal troubles are building, the San Francisco bank confirmed on Thursday, noting that the Securities and Exchange Commission is now looking into its sham accounts scandal. The bank has struggled to contain the damage from its acknowledgement in September that thousands of its employees opened accounts customers didn’t ask for,
The Securities and Exchange Commission is probing whether Wells Fargo & Co. violated rules around investor disclosures and other matters relating to its recent sales tactics scandal, people familiar with the matter said. The SEC sent requests for information to the bank asking for documents in recent weeks, following three Democratic senators’ calls in late September for the SEC to
WASHINGTON, Nov 2 (Reuters) – Twelve U.S. senators urged on Wednesday that a national security review panel reject Chinese aluminum giant Zhongwang International Group Ltd’s proposed $2.3 billion purchase of U.S. aluminum products maker Aleris Corp . The senators asked Treasury Secretary Jack Lew in a letter to launch a
PORTLAND, OR – Today, at a news conference outside a Wells Fargo branch in Portland, Oregon, U.S. Senators Jeff Merkley (D-OR) and Al Franken (D-MN) announced that they are calling on federal officials to pursue a robust criminal investigation into the actions of the bank and its executives. Last month,
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