PORTLAND, OR – Oregon’s Senator Jeff Merkley joined Senator Sheldon Whitehouse (D-RI) in an effort to strengthen mortgage protections for servicemembers once they return home from duty. The Protecting Servicemembers from Mortgage and Abuse Act of 2011 will help protect members of the military from mortgage abuses by encouraging financial
Washington, D.C. – Senators Jeff Merkley and Carl Levin responded today to a report from the Financial Stability Oversight Council recommending how to best implement the Merkley-Levin provisions of financial reform that restrict high-risk trading and conflicts of interest: “The Financial Services Oversight Council today put forward its study on
To keep families in their homes, we must address this unproductive dual-track modification system, cut down the piles of paperwork that families are forced to sift through, and make mortgage modifications faster and more effective.
Washington, D.C. – In a letter to federal regulators charged with implementing the Merkley-Levin provisions of the Dodd-Frank Act Friday, U.S. Senators Jeff Merkley and Carl Levin provided explicit instructions regarding their statutory intent to restrict high-risk proprietary trading and conflicts of interest at financial firms. As the primary co-authors
Washington, D.C. – To ensure that the Merkley-Levin proprietary trading restrictions of the Dodd-Frank Act are implemented as intended by Congress, Senators Jeff Merkley (D-Ore.), Carl Levin (D-Mich.), and 16 of their colleagues submitted comments to the Financial Stability Oversight Council (FSOC) Thursday. In the comments, the group of senators
Portland, OR – The U.S. Food and Drug Administration (FDA) this week opened a 60-day comment period on dissolvable tobacco candy products. Oregon’s Senator Jeff Merkley urged Oregonians to submit their stories and opinions relating to the sale, distribution, and use of tobacco candy to the FDA. “Tobacco candy
A group of Democratic senators are calling for JPMorgan Chase and Ally Financial to halt their foreclosure operations just hours after Bank of America, the country’s largest bank holding company, announced it would freeze its foreclosures in all 50 states indefinitely. Bank of America’s decision Friday came on the heels
Washington, D.C. – Following news that Bank of America will be halting foreclosures in all 50 states until further investigation into foreclosure practices takes place, Oregon Senators Jeff Merkley and Ron Wyden sent a letter to JP Morgan Chase and Ally Financial calling for a similar moratorium on foreclosure proceedings
Washington, D.C. – Following the news that Ally Financial improperly handled foreclosure documents and decisions by several of the largest mortgage servicers to freeze foreclosures, Oregon’s Senator Jeff Merkley sent a letter to U.S. Treasury Secretary Timothy Geithner and U.S. Secretary of Housing and Urban Development Shaun Donovan urging them
It was only time before the handling of foreclosures by loan providers made it to the political arena. And it looks like U.S Sen. Jeff Merkley, D-Ore., will be leading the push. Merkley sent a letter today to U.S. Treasury Secretary Timothy Geithner and U.S. Secretary of Housing and Urban
English 
Spanish