Tag: Protecting Consumers, Taxpayers, and the Economy

Appropriations Committee Passes Merkley-Murray Amendment to Provide Access to Banking Services for Legal Marijuana Businesses

WASHINGTON, D.C. – Today, the Senate Appropriations Committee passed the Financial Services and General Government appropriations bill, which included an amendment from Oregon Senator Jeff Merkley and Washington Senator Patty Murray to ensure that legal marijuana businesses can access banking services. Currently, marijuana businesses operating under state laws that have

Sweeping overhaul of nation’s chemical-safety laws clears final legislative hurdle

The Senate passed legislation Tuesday evening that will overhaul the way the federal government regulates every chemical sold on the market in the United States. The bipartisan accord represents the most sweeping environmental measure to pass Congress in a quarter-century. The bill, which drew support from the chemical industry, trial

Oregon Leaders call for Oil Train Moratorium in the Columbia River Gorge

WASHINGTON, D.C.—Oregon’s Senators Jeff Merkley and Ron Wyden, Governor Kate Brown and Representatives Earl Blumenauer and Suzanne Bonamici released the following statement today calling for a temporary halt to oil train traffic in Columbia River Gorge in light of last Friday’s derailment of a Union Pacific oil train in Mosier, OR: 

Merkley Applauds Major New CFPB Rule On Small Dollar Lending

WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after the Consumer Financial Protection Bureau (CFPB) released a long-awaited proposed rule on small dollar lending. The rule will crack down on predatory lending models that are based on trapping consumers in unaffordable and escalating cycles of debt. “I

Sen. Jeff Merkley Explains Why U.S. Needs New Regulation of Toxic Substances

Federal regulation is complicated, time-consuming and takes years to pass. Here’s U.S. Sen. Jeff Merkley (D-Ore.) summarizing on the Senate floor last week why we need new and better laws. Quoted: “Current law has been completely, 100 percent dysfunctional for decades, leading to the exposure of our children, our babies,

Merkley Applauds House Passage of Landmark Toxic Chemicals Reform Bill

WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after the U.S. House of Representatives passed a landmark toxic chemicals reform bill that marks the first major reform of chemical safety laws in 40 years. Merkley worked with a bipartisan coalition to help craft the U.S. Senate version

Bicameral, Bipartisan Deal Reached On Major Toxic Chemicals Reform

WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley and a bipartisan, bicameral group of Congressional leaders have announced an agreement on the first major reform of toxic chemicals regulation in decades.  This agreement puts Congress on the cusp of finally passing historic legislation to reform the nation’s broken chemical safety law.

Google to Ban Advertisements for Payday Loans

Development: Google announces ban, effective July 13, on advertisements for payday loans. Takeaway: Google’s new policy is one of several efforts to combat credit products seen as harmful to consumers, including a soon-to-be-released CFPB rule addressing payday lenders. May 11 (BNA) — Google Inc. will no longer allow advertisements for

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