Tag: Protecting Consumers, Taxpayers, and the Economy

Merkley Announces $58 Million In Housing Funds for State of Oregon

Portland, OR — Today, Oregon’s Senator Jeff Merkley announced that Oregon would receive an additional $58 million from the U.S. Department of Treasury to assist Oregonians who are struggling with the housing crisis gripping the state.  Today’s announcement adds to the $36 million that was announced two months ago by

Merkley Denounces Lack of Action on E-Cigarette Rules

WASHINGTON, D.C. – Today on the Senate floor, Oregon’s Senator Jeff Merkley denounced the Administration’s ongoing inaction in finalizing the proposed tobacco deeming rule, and called for the rule to be finalized as quickly as possible. Finalizing the rule is essential to putting in place regulations for e-cigarettes and other

Understanding the SAFE Act

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

Senator Merkley Asks IRS For Ways To Fix Tax ID Fraud

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

With a Week Before Tax Day, Merkley Calls on IRS to Tackle Tax ID Theft

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

Tax ID theft: ‘Watch your bank accounts’

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

Merkley Completes Oregon Affordable Housing Tour

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

These Senators Want to Reign in Activist Investors

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

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