PORTLAND, OR (KPTV) – A group of Oregon lawmakers is pushing for a set of legislative changes that would allow legal marijuana businesses in the state to use banks to handle their money. The sale of recreational marijuana, which begins in October in Oregon and is already legal in neighboring Washington, is a
PORTLAND, Ore. — Sen. Jeff Merkley, D-Ore., announced Monday at the Hollywood Transit Center in Portland that he has introduced the Transportation, Access and Opportunity Act, to encourage and support local governments to better connect their transportation systems to jobs and economic opportunities in the region. Increasingly, he noted, low-income
PORTLAND, Ore. — If you ride public transportation, your trip might involve a lot of stops just to get to one location. One of Oregon’s top democrats wants to make it easier for you. Senator Jeff Merkley introduced the Transportation, Access and Opportunities Act. His goal is to fund 10
WASHINGTON, D.C. – Today, Senate Democrats celebrated the five year anniversary of Dodd-Frank, major Wall Street reform legislation passed in the wake of the 2008 financial crisis, and vowed to keep pushing back on continued attempts to gut critical consumer protections contained in the legislation. The legislation was enacted on
This week, in honor of TV’s “Shark Week,” Oregon Senator Jeff Merkley released a whiteboard video entitled “Loan Shark Week” to urge the Consumer Financial Protection Bureau (CFPB) to crack down on predatory payday lending and prevent loan sharks from trapping American families in a vortex of debt. In the
EUGENE, Ore. – Sen. Jeff Merkley, D-Ore., visited Eugene on Tuesday and called on Congress to quickly vote on the bipartisan Lautenberg Chemical Safety for the 21st Century Act to keep children safe from the toxic chemicals that they come in contact with on a daily basis Merkley also released
Eugene, OR – Oregon’s Senator Jeff Merkley was in Eugene today to call on Congress to quickly vote on the bipartisan Lautenberg Chemical Safety for the 21st Century Act to keep our children safe from the toxic chemicals that they come in contact with on a daily basis. Merkley also
A majority of Democratic senators are formally urging the nation’s consumer watchdog to issue “the strongest possible rules” reining in payday and other short-term lenders. Thirty-two of 46 members of the Senate Democratic caucus signed a letter to Richard Cordray, director of the Consumer Financial Protection Bureau, pressing him and
WASHINGTON, D.C. – As the Consumer Financial Protection Bureau (CFPB) considers new rules to rein in predatory practices in payday and similar types of lending, Senator Merkley and 31 of his Senate colleagues expressed their support today for the initial steps the agency has taken and urged the agency to
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after the U.S. Senate Banking Committee passed on a party-line vote a sprawling bill that would deregulate many key aspects of the financial industry: “Seven years ago, following a decade of predatory home-lending and risky derivative-trading practices by big
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