WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley today celebrated the official launch of his Water Infrastructure Finance and Innovation Act (WIFIA), which will make low-cost loans available to communities across the country to invest in repairing and upgrading crumbling water infrastructure. The Environmental Protection Agency (EPA) today announced that Congress’s
WASHINGTON, D.C. – U.S. Sens. Sherrod Brown (D-OH) and Jeff Merkley (D-OR) today expressed concerns that a new federal charter for financial technology firms could weaken consumer protections, limit competition, and threaten financial stability. The Senators outlined their concerns in a letter to the head of the Office of the
President-elect Donald Trump’s pick to lead the Treasury Department is likely to face a contentious confirmation battle centered on his purchase of a failed subprime mortgage lender that repeatedly has been accused of wrongful foreclosures. The formal vetting process for Steven T. Mnuchin, who served as Trump’s campaign finance chairman
Democrats on the Senate Banking Committee demanded Wells Fargo & Co.’s board respond to questions the bank has yet to answer related to its sales practices scandal, according to a letter reviewed by The Wall Street Journal. The senators asked the board for more information about its continuing independent investigation of the
Senate Democrats are asking members of the public for complaints about Donald Trump’s choice to lead the U.S. Treasury, in a move that reveals how much they plan to focus on his involvement with a failed subprime mortgage lender. Democrats set up a web site on Friday regarding Steven Mnuchin and California-headquartered
Senate Democrats are dubbing President-elect Donald Trump’s pick for Secretary of Treasury Steven Mnuchin the “Foreclosure King” on a new website they’ve set up to solicit public complaints from people allegedly hurt by Mnuchin’s past work in financial services. Mnuchin– the former chief executive officer and chairman of OneWest Bank– was accused
WASHINGTON, D.C. – Today, U.S. Senators Jeff Merkley (D-OR), Elizabeth Warren (D-MA) and Bernie Sanders (I-VT) announced that Senate Democrats have launched a new website inviting Americans to share their personal stories of being impacted by the foreclosure practices of Donald Trump’s Treasury Secretary nominee, foreclosure king Steve Mnuchin. “Donald
Washington, DC – Oregon’s Senators Jeff Merkley and Ron Wyden announced today that the Federal Lands Access Program awarded the Oregon Department of Transportation (ODOT) over $30 million to improve access to federal lands in the Gorge. This funding included $29 million to complete a new portion of the Historic
WASHINGTON, D.C. – Today, a bipartisan group of Senators led by Oregon’s Senator Jeff Merkley pressed a key federal regulator to take further action to ensure that vendors working with legal marijuana businesses in states that have legalized recreational or medicinal marijuana do not have their banking services taken away.
WASHINGTON, D.C. — Today, Oregon’s Senator Jeff Merkley announced that he has joined 14 of his colleagues to introduce legislation, the Justice for Victims of Fraud Act of 2016, to give Wells Fargo customers who were victims of a fraudulent account scheme their day in court. Wells Fargo is using
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