Payday lenders may seem to be everywhere, but they were not always there. The first payday stores opened in the early 1990s – a byproduct of the same anything-goes deregulatory mania that led to a wave of booby-trapped mortgages and the financial and economic meltdown of 2008. Almost as soon
As the tax filing deadline approaches, Oregon Democratic Sen. Jeff Merkley is asking the Internal Revenue Service to improve security. When Mark Ertle was doing his taxes a few years ago, he got a rude awakening. Someone had stolen his identity and filed his taxes to get the refund. “It was denied
Portland, OR – In preparation for tax day, Senator Merkley visited the Matt Dishman Community Center to call on the Internal Revenue Service (IRS) to increase its efforts to effectively tackle the problem of tax ID theft. As of September 2015, over 600,000 Americans were victims of tax ID theft
PORTLAND, Ore. (KOIN) — More than 600,000 Americans were victims of tax ID fraud as of September 2015 and the IRS paid out $5.8 billion in fraudulent tax returns in 2013. With just a week left before tax day, Senator Jeff Merkley is taking action against tax identity theft. Merkley visited
WASHINGTON, D.C. – Today, Oregon’s Senator Jeff Merkley and Senators Tom Udall (D-NM), Bernie Sanders (I-VT), Patty Murray (D-WA), Dick Durbin (D-IL), Richard Blumenthal (D-CT), Elizabeth Warren (D-MA), Tammy Baldwin (D-WI), Edward J. Markey (D-MA), Ron Wyden (D-OR), and Cory Booker (D-NJ) introduced the Stopping Abuse and Fraud in Electronic
Portland, OR – Oregon’s Senator Jeff Merkley completed his Oregon Affordable Housing Tour today after stops in Portland, Medford and Eugene this week. Merkley held roundtable discussions in each city with local and state advocates about what the federal government can do to help address the housing crisis that is gripping
As shareholder activism reaches unprecedented levels Democrats are taking aim at a new Wall Street target—activist investors. A new bill sponsored by two Senate Democrats, which would tighten disclosure rules for activists, comes at a time when shareholder activism is at an all-time high. The proposed legislation, sponsored by Wisconsin
WASHINGTON — A new Senate bill tries to make it just a little bit harder for activist hedge funds to exploit healthy companies rather than invest in their future. Sen. Tammy Baldwin (D-Wis.) and Jeff Merkley (D-Ore.) introduced the Brokaw Acton Thursday, which would strengthen disclosure requirements for activist hedge
Sens. Elizabeth Warren of Massachusetts and Bernie Sanders of Vermont are going after activist hedge funds. The senators have sponsored a bill seeking to increase transparency and oversight of activist investors who take large stakes in companies, usually with the goal of gaining board seats and spurring change within companies.
Two Senate Democrats introduced a bill on Thursday that would take aim at activist hedge funds and their ability to act together in “wolf packs” to overtake public companies. The bill would shorten the number of days that activists have to disclose newly acquired shares in a company and force
English 
Spanish