NEW YORK, Aug 17 – Just over a year ago, Oregon Senator Jeff Merkley was looking for a place to make a bold statement about his latest crusade: taking Wall Street’s traders to task for gaming commodity markets. His office telephoned Bruce Kehe, marketing director at Portland’s Hopworks Urban Brewery,
WASHINGTON – Oregon’s Senator Jeff Merkley released the following statement today after a Senate minority voted to filibuster the Bring Jobs Home Act, which would end tax subsidies for companies that ship jobs overseas and reward companies that bring jobs back home. Merkley is an original cosponsor of the bill.
WASHINGTON – Today, Oregon’s Senator Jeff Merkley led a group of 11 Senators in calling on the Securities and Exchange Commission (SEC) to get the job done on key, unfinished reforms that are essential to preventing another financial crisis. In a letter to SEC Chair Mary Jo White, the Senators
Portland, OR – Pressing federal regulators for immediate action, Oregon’s Senator Jeff Merkley today stood with health care professionals to urge Congress to pass legislation that would protect America’s families from some of the most harmful chemicals identified by scientists. Known as persistent, bioaccumulative and toxic (PBTs), these chemicals are
WASHINGTON – Today, Oregon’s Senator Jeff Merkley introduced a bill that would fast-track the phase-out of the most harmful chemicals identified by scientists – chemicals that don’t break down in the environment and that build up in the food chain so that even small amounts can be dangerous. Known as persistent,
WASHINGTON – Oregon’s Senator Jeff Merkley released the following statement celebrating the third anniversary of the Consumer Financial Protection Bureau (CFPB), which was created by the Dodd-Frank financial reform bill that passed four years ago. Predatory, anti-consumer practices and the lack of single agency to act as a consumer watchdog
WASHINGTON – In a letter sent to the Government Accountability Office (GAO) Monday and released today, Senators Jeff Merkley (D-OR) and Tammy Baldwin (D-WI) called for the investigative agency to open an inquiry into the impact of trade agreements on the U.S. federal government’s domestic procurement preferences, known as “Buy American,”
WASHINGTON – Oregon’s Senator Jeff Merkley released the following statement after news reports that Citigroup is flouting the Volcker Rule firewall by engaging in high-risk, proprietary trading in mortgage bonds: “Citigroup’s trading activities, as reported by Bloomberg News, appear to constitute a direct violation of law. It’s unacceptable for
WASHINGTON – Oregon’s Senator Jeff Merkley is calling on the Federal Reserve to close a loophole that allows big banks to own and control physical commodities—such as oil, aluminum, and electricity—raising prices for consumers and threatening the stability of the financial system. The Federal Reserve has been taking public comments
(Bloomberg) — Senator Jeff Merkley called on the Federal Reserve to prohibit U.S. bank-holding companies from engaging in physical commodities. Merkley, an Oregon Democrat, sent a letter to the Federal Reserve urging the regulator to prohibit banks from owning physical commodities. In cases where the Fed permits banks to engage
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