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,
WASHINGTON, D.C. – Today, Oregon’s Senator Jeff Merkley and Senators Elizabeth Warren and Bob Menendez formally called on the U.S. Securities and Exchange Commission (SEC) to investigate whether Wells Fargo and senior officials violated laws by misleading investors and firing whistleblowers while the bank oversaw the creation of millions of
Washington, DC – Oregon’s Senators Jeff Merkley and Ron Wyden announced today that the full Senate has passed the Water Resources Development Act (WRDA), which includes key job creation and funding opportunities for Oregon communities. The legislation previously passed the Environment and Public Works Committee in April; it must now be
Oregon’s Senator Jeff Merkley released the following statement after the Federal Reserve issued a new report that recommends Congress scrap the loophole that has allowed big banks to own physical commodities: “It is common sense that big banks that are placing bets on the prices of commodities shouldn’t also be
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