Tag: Protecting Consumers, Taxpayers, and the Economy

Merkley: Ryan Budget Would Be a Deadly Blow to the American Dream

WASHINGTON – Oregon’s Senator Jeff Merkley issued the following statement after Congressman Paul Ryan released his 2015 budget blueprint: “The budget put forth by Congressman Paul Ryan is another attempt to balance the budget on the backs of hardworking middle class families, students and seniors.  The Ryan budget would end

Bicameral Group of Members Urge DOJ to Crack Down on Consumer Scams

Washington, D.C. (Feb. 26, 2014) – Today, Senator Jeff Merkley (D-OR), Chairman of the Banking Committee’s Economic Policy Subcommittee, and Representative Elijah E. Cummings (D-MD), Ranking Member of the House Committee on Oversight and Government Reform, along with 11 additional Members of Congress, sent a letter to Attorney General Eric Holder

Merkley: Yellen to Help Restore Economy that Makes Middle Class Jobs Top Goal

Washington, DC – Oregon’s Senator Jeff Merkley issued the following statement after the confirmation of Janet Yellen as Chair of the Board of Governors of the Federal Reserve System.  “America does well when the middle class does well, and I’m confident Janet Yellen will have that common-sense approach to the

Merkley: Yellen Right Person to Helm the Fed

Washington, DC – Oregon’s Senator Jeff Merkley issued the following statement after the Senate invoked cloture on Janet Yellen’s nomination as Chair of the Federal Reserve, clearing the way for confirmation in January.  “With this vote, Janet Yellen is now poised to become the first woman ever to chair the

Merkley and Levin Statement on Final Volcker Rule

Washington, DC – Senators Jeff Merkley (D-OR) and Carl Levin (D-MI) released the following joint statement after approval by the Federal Reserve and the Federal Deposit Insurance Commission (FDIC) of the final Volcker Rule, a firewall between traditional banking and hedge fund style gambling. Merkley and Levin led the fight

Merkley Statement on JPMorgan “London Whale” Settlement

Washington, DC – Oregon’s Senator Jeff Merkley issued the following statement after the SEC declined to bring charges against either the employees at JPMorgan, or the company itself, for misleading investors about the “London Whale” bet.  “Although JPMorgan, in its settlement, admitted to failures of internal controls, and is paying

Congressional Leaders Tell Wall Street to “Can It”

Portland, OR – Oregon Senator Jeff Merkley, Congressman Earl Blumenauer and Congresswoman Suzanne Bonamici visited Hopworks Brewery today to call attention to Wall Street speculation in commodity markets that is driving up the prices of aluminum, copper, gas, and electricity. This speculation is in turn raising the prices of everyday

Merkley: Tax Reform Should Put Middle Class First

Washington, DC – Today, Oregon’s Senator Jeff Merkley sent a letter to the Chair and Ranking Member of the Senate Finance Committee outlining his priorities in a potential reform of the tax code. In the letter, Senator Merkley made clear that our tax code should help rebuild and strengthen the

Merkley Statement on Senate Agreement to Confirm Nominees

Washington, DC – Oregon’s Senator Jeff Merkley issued the following statement after the Senate voted 71-29 to end a Republican filibuster on the nomination of Richard Cordray as Director of the Consumer Financial Protection Bureau.  Facing a possible change in Senate rules to prevent filibusters of executive branch nominees, Senate

en_USEnglish