Washington, DC – Oregon’s Senator Jeff Merkley issued the following statement after the passage of a bill to force internet retailers to collect sales taxes for states and municipalities that have local sales taxes. “I voted no on the internet sales tax because the citizens of Oregon have said nine
Washington, DC- Oregon’s Senator Jeff Merkley issued the following statement after Senator Carl Levin (D-MI), Chair of the Permanent Subcommittee on Investigations, announced he will send his findings on the JPMorgan Chase “London Whale” trading losses to the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). “I
Washington, D.C. – Oregon’s Senator Jeff Merkley joined Assistant Majority Leader Dick Durbin (D-IL), Richard Blumenthal (D-CT) Sheldon Whitehouse (D-RI) and Barbara Boxer (D-CA), to introduce the Protecting Consumers from Unreasonable Credit Rates Act today, a bill to eliminate the excessive rates and fees that some consumers are charged for
Washington, DC – Oregon’s Senator Jeff Merkley, a member of the Senate Budget Committee, issued the following statement after Senate passage of a budget framework for fiscal year 2014. “For too long, our economy hasn’t been working for too many middle class Oregonians. This budget lays out a path to
Washington, DC- Oregon’s Senator Jeff Merkley issued the following statement after the Senate passed his amendment to create a deficit-neutral reserve fund to facilitate the criminal prosecution of U.S. financial institutions that break the law, regardless of size. “Under our American system of justice – where Lady Justice is blindfolded
Washington, DC- Oregon’s Senator Jeff Merkley, sponsor of the SAFE Lending Act, a bill to crack down on online payday lending, issued the following statement after the New York Times reported that JPMorgan Chase has changed internal policies to rein in some of the worst practices by online payday lenders:
Washington, DC – Oregon’s Senator Jeff Merkley released the following statement after the Senate’s Permanent Subcommittee on Investigations released a report on J.P. Morgan’s “London Whale” losses: “Today’s report is yet another reminder to regulators that it is past time to get the job done on a strong, simple Volcker
Washington, DC – Today, Oregon’s Senator Jeff Merkley, a member of the Senate Budget Committee, said the budget put forth by the Chair Patty Murray and the Senate Democrats will help middle-class families succeed and recharge economic growth, while responsibly bringing down deficits. “Our top priority needs to be making
Washington, DC – Today, Oregon’s Senator Jeff Merkley announced he has been awarded the chairmanship of a subcommittee of the Senate Banking Committee, the Subcommittee on Economic Policy. This subcommittee has jurisdiction over issues related to economic growth, employment and price stability, as well as monetary policy and small business
Washington, DC- On Friday, 43 Senate Republicans pledged to block Richard Cordray, President Obama’s nominee for the Consumer Financial Protection Bureau, until changes are made to weaken the bureau’s power to protect consumers. Today, Oregon’s Senator Jeff Merkley said that was unacceptable. “The GOP effort to undermine the work of
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