Sen. Jeff Merkley would not disagree that Federal Reserve chairman Ben Bernanke has done a solid job in the past year steering the American economy away from complete collapse. But there is, the Oregon Democrat insists, a small complication. “He helped set the house on fire,” says Merkley about Bernanke.
Mr. President, I rise today to oppose the nomination of Ben Bernanke as Chairman of the Fed. I do so as a member of the Banking Committee who voted against his nomination in that committee, because I researched his record, and on that record I believe that Ben Bernanke is
Sen. Jeff Merkley (D., Ore.) last month became the first Democrat to oppose Ben Bernanke’s confirmation for a second term as Federal Reserve chairman. (The leading liberal against Bernanke, Sen. Bernie Sanders of Vermont, is an independent.) He’s been joined now by three other Democrats and a growing list of
WASHINGTON — Oregon Sen. Jeff Merkley said Friday he would vote against granting a second term to Federal Reserve Chairman Ben Bernanke, concluding that Bernanke was partly to blame for the nation’s deep recession and that he is ill-equipped to lead a recovery. In explaining his decision in a floor
Washington, DC – Oregon’s Senator Jeff Merkley applauded today’s announcement by Facebook, Inc. that it’s building a LEED certified data center in Prineville. In addition to immediate construction jobs, the center will create about 35 permanent positions. “Facebook’s exciting investment means more jobs for an area that urgently needs them,”
Washington, D.C. – Continuing efforts to help low-income residents pay their utility bills, U.S. Senators Ron Wyden (D-Ore.) and Jeff Merkley (D-Ore.) announced today that in response to a letter signed by both senators, the Department of Health and Human Services will release more than $5.4 million to Oregon in
Washington, D.C. – Oregon’s Senator Jeff Merkley made the following statement Thursday morning in advance of President Obama’s announcement on financial regulation: “For months, I’ve been pushing for the reestablishment of a firewall between risky activities and depository lending. This is an absolutely necessary step in shutting down the casino-like
WASHINGTON (Reuters) – Bipartisan discussion is under way in the U.S. Senate Banking Committee about possibly imposing new limits on proprietary trading by banks, a Democratic committee member told Reuters on Tuesday. Senator Jeff Merkley had earlier called for a study of the risks and conflicts of insured depository institutions
Dallas – Oregon’s Senator Jeff Merkley toured the Polk County Armory in Dallas today to learn how the more than $12 million in federal appropriations for the Oregon National Guard that he helped secure will help create a new Oregon National Guard Polk County Readiness Center. “These funds give Oregon
Corvallis – Today, Oregon’s Senator Jeff Merkley discussed the development of innovative wave energy technologies and leading-edge research to improve tsunami preparedness with leading researchers from the Northwest National Marine Energy Center, Oregon State University’s Wallace Energy Systems & Renewables Facility, Columbia Power Technologies, and OSU’s O.H. Hinsdale Wave Research
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