Tag: Protecting Consumers, Taxpayers, and the Economy

In Honor of Veterans Day, Merkley, Brown, Reed, Van Hollen Introduce Legislation to Extend Critical Financial Protections for Servicemembers to Veterans and Consumers

WASHINGTON, DC – Senators Jeff Merkley (D-OR), Sherrod Brown (D-OH), Ranking Member of the Senate Banking Committee, Jack Reed (D-RI), Ranking Member of the Senate Armed Services Committee, and Chris Van Hollen (D-MD), today introduced legislation that extends the protections of the Military Lending Act (MLA), which caps the interest

Merkley, Wyden Announce Key USDA Investment in Electric Infrastructure Improvement

Washington, D.C. – Oregon’s Senators Jeff Merkley and Ron Wyden today announced a nearly $8.5 million electric infrastructure investment in West Oregon Electric Cooperative, Inc., a Vernonia-based co-op which serves communities throughout Columbia, Yamhill, Tillamook, Washington, and Clatsop counties. Merkley serves as the top Democrat on the Senate Agriculture Appropriations

Merkley Urges Financial Regulators to Reject Gutting of Volcker Rule

WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley, who co-authored the Volcker Rule along with former Sen. Carl Levin (D-MI), today strongly urged federal financial regulators to reject a proposed rewrite of the landmark financial reform provision that would place gaping loopholes into the rule’s protections. “Your agencies have been charged

Merkley Denounces Major Trump Rollback of Wall Street Reform

WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley, who co-authored the Volcker Rule with former Senator Carl Levin (D-MI), released the following statement after the Federal Deposit Insurance Corporation (FDIC) voted to pass a new rulemaking designed to gut the Volcker Rule, with other Trump Administration financial regulators expected to follow

U.S. Sens. Tina Smith, Angus King, Jeff Merkley Press to Enhance Nation’s Energy Efficiency Capabilities

WASHINGTON, D.C. [07/25/19]—Today, U.S. Senators Tina Smith (D-Minn.), Angus King (I-Maine) and Jeff Merkley (D-Ore.) introduced legislation to boost the use of cutting-edge technologies to increase energy efficiency capabilities across America.   The American Energy Efficiency Act of 2019 builds upon state success to establish a nationwide energy efficiency standard that would ask retail

Merkley Presses Car Manufacturers for Answers Over Collection of Driver Data

WASHINGTON, D.C. – Oregon’s U.S. Senator Jeff Merkley today called upon major car manufacturers to tell Congress whether or not their cars collect personal data from drivers, what data they collect, who owns that data, and whether data collected is securely stored to protect consumers’ privacy. “While data plays an

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