WASHINGTON — President-elect Donald Trump selected a former Goldman Sachs trader and Hollywood financier as secretary of the Treasury on Wednesday, handing Democrats a high-profile target to make the case that Trump is abandoning his populist campaign promises to clear out monied elites and make Washington work for the average
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley joined an amicus brief of 20 current and former Members of Congress supporting the Consumer Financial Protection Bureau’s (CFPB) appeal of a judicial decision that threatens its independent structure. The brief was filed this week in the D.C. Circuit Court of Appeals. The
WASHINGTON – Senator Jeff Merkley, D-Ore., has joined an amicus brief of 20 current and former members of Congress supporting the Consumer Financial Protection Bureau’s appeal of a judicial decision that threatens its independent structure. The brief was filed this week in the D.C. Circuit Court of Appeals. The brief
Sen. Jeff Merkley slammed Donald Trump ‘s selection of Steve Mnuchin for Treasury secretary on Wednesday. “This man is an expert on how to make money in predatory lending and putting him in charge — it is absolutely the opposite of draining the swamp. It is filling the swamp with
At least 120 House Democrats have signed a letter demanding President-elect Donald Trump rescind his appointment of Breitbart News chief Steve Bannon as chief strategist. The effort was led by Rhode Island Representative David Cicilline, while Democrats in the Senate have also spoken out. Cicilline is reportedly circulating the letter, which
Democratic members of Congress are calling for President-elect Donald Trump to rescind his appointment of conservative news executive Stephen Bannon as his chief strategist. Sen. Jeff Merkley of Oregon was among one of the first lawmakers to condemn the appointment in a statement Monday. “There should be no sugarcoating the
A bipartisan group of congressional members and candidates is filing a federal suit Friday against the Federal Election Commission, seeking to force the agency to act on a complaint it brought against 10 super PACs in July. The maneuver is part of a legal strategy aimed at rolling back SpeechNow.org v. FEC, the
Wells Fargo’s legal troubles are building, the San Francisco bank confirmed on Thursday, noting that the Securities and Exchange Commission is now looking into its sham accounts scandal. The bank has struggled to contain the damage from its acknowledgement in September that thousands of its employees opened accounts customers didn’t ask for,
The Securities and Exchange Commission is probing whether Wells Fargo & Co. violated rules around investor disclosures and other matters relating to its recent sales tactics scandal, people familiar with the matter said. The SEC sent requests for information to the bank asking for documents in recent weeks, following three Democratic senators’ calls in late September for the SEC to
WASHINGTON, Nov 2 (Reuters) – Twelve U.S. senators urged on Wednesday that a national security review panel reject Chinese aluminum giant Zhongwang International Group Ltd’s proposed $2.3 billion purchase of U.S. aluminum products maker Aleris Corp . The senators asked Treasury Secretary Jack Lew in a letter to launch a
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