Tag: Protecting Consumers, Taxpayers, and the Economy

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

November 12, 2019

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

November 4, 2019

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

September 12, 2019

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

Ahead of Labor Day, Merkley Announces Legislation So Workers Gain, Not Just CEOs

August 29, 2019

WASHINGTON, D.C. – As Labor Day approaches, Oregon’s Senator Jeff Merkley today announced that he will be introducing new legislation to make sure workers get a fair share of the profits they create by taking on massive pay disparities between CEOs and workers. The Fair Share for Workers Act would

Merkley Denounces Major Trump Rollback of Wall Street Reform

August 20, 2019

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

Wyden, Merkley Reintroduce Bill to Protect Small Businesses From Burdensome Internet Sales Tax Collection Requirement

August 1, 2019

Washington, D.C. – U.S. Sens. Ron Wyden and Jeff Merkley this week reintroduced legislation that would stop states with a sales tax from creating red tape for small businesses as a result of last year’s Supreme Court ruling in South Dakota v. Wayfair, Inc. “Small businesses in Oregon have been

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

July 25, 2019

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 Pushes Secretary DeVos on Refusal to Help Students Cheated By Predatory Colleges

June 18, 2019

Washington, D.C. – Oregon’s Senator Jeff Merkley today pressed the U.S. Department of Education over prolonged inaction regarding federal student loan discharge requests, and urged Secretary Betsy DeVos to stand up for victims of predatory college scams, many of which were perpetrated by for-profit colleges. Under the Borrower Defense to

Merkley Presses Car Manufacturers for Answers Over Collection of Driver Data

June 13, 2019

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

Merkley, Wyden Join Colleagues in Calling on Trump Administration to Protect Consumers from Abusive Debt Collection Tactics

June 7, 2019

WASHINGTON, D.C. – Oregon’s U.S. Senators Jeff Merkley and Ron Wyden have joined 24 colleagues in calling on Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger to reverse a proposed rule that would, for the first time, allow debt collection companies to send unlimited texts and e-mails to consumers. Just