Tag: Protecting Consumers, Taxpayers, and the Economy

Merkley Introduces Legislation Requiring Congressional Oversight and Transparency for Funding Transfers

WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley today introduced the Transparency in Federal Spending Act, legislation that would require full transparency and congressional oversight of funding transfers within federal agencies. Merkley’s legislation follows the revelations this fall that the Trump Administration diverted nearly half a billion dollars in funding from

Merkley Introduces Bipartisan Bill to Stop Predatory Unsolicited Loans

Washington, D.C. – Oregon’s Senator Jeff Merkley, along with Senators Doug Jones (D-AL) and Tom Cotton (R-AR), today announced the introduction of bipartisan legislation that would halt the predatory practice of mailing high-interest loans to consumers in the form of “live” checks. When consumers receive these loan checks, many unknowingly

Wyden, Merkley Seek Answers on Railway Safety Standards

Washington, D.C. – U.S. Sens. Ron Wyden and Jeff Merkley today requested an update from Union Pacific and BNSF on the railway companies’ plans to ensure trains carrying hazardous material have updated braking systems. “Too often our constituents in the Pacific Northwest have seen trains carrying crude oil crashing within

Wyden, Merkley Call For Crackdown on Big Tobacco Social Media Schemes

Washington, D.C. – U.S. Sens. Ron Wyden and Jeff Merkley today urged the Federal Trade Commission (FTC) to investigate tobacco companies’ use of social media marketing to target young people. The Oregon senators joined with 13 colleagues in a letter raising specific concerns about tobacco companies’ growing use of social media

Merkley Slams Proposed Volcker Rule Rewrite

WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley—a co-author of the Volcker Rule, along with former Sen. Carl Levin (D-MI)—today released his comment letter in response to the Trump Administration’s recent proposal to rewrite and weaken the Volcker Rule. The Volcker Rule, a modern-day Glass-Steagall enacted as one of the key

Merkley Statement on Lehman Anniversary

WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement marking the 10th anniversary of the Lehman Brothers crash: “Ten years ago today, our economy went into freefall, thanks to risky bets and self-serving greed on Wall Street, enabled by misguided policy choices to let those big banks police

en_USEnglish