WASHINGTON, DC – In the wake of a new study outlining numerous cases where children have been poisoned by tobacco candy, Oregon’s Senator Jeff Merkley and Ohio’s Senator Sherrod Brown have called on the Food and Drug Administration (FDA) to immediately remove the products from the market. “The flavoring, appearance
Washington, D.C. – Today the Securities and Exchanges Commission (SEC) charged Goldman Sachs with defrauding investors by misstating and omitting key facts about certain financial products. Oregon’s Senator Jeff Merkley released the following statement: “It has been clear since the moment Wall Street collapsed in 2008 that major financial
Eugene, OR – Oregon’s Senator Jeff Merkley addressed the Eugene City Club today to discuss current efforts in the Senate to restore fair rules of the road for Wall Street. Merkley described the factors that caused the financial collapse and subsequent recession, and the reforms needed in order to prevent
WASHINGTON, DC – Today, the Obama Administration announced a new effort to help troubled homeowners who are facing foreclosure. Oregon’s Senator Jeff Merkley released the following statement: “So far, we have not done enough to stem the tide of foreclosures across America and our families and communities are paying the
Today, Senator Chris Dodd, Chairman of the Senate Committee on Banking, Housing and Urban Affairs, released new legislation to crack down on Wall Street abuses and reform our financial system. Oregon’s Senator Jeff Merkley issued the following statement:
WASHINGTON, D.C. – United States Senators Jeff Merkley (OR), Carl Levin (MI), Ted Kaufman (DE), Sherrod Brown (OH), and Jeanne Shaheen (NH) put forward a new proposal today to help prevent taxpayer bailouts of financial firms by limiting high-risk speculation, also known as proprietary trading. “There is a place for
WASHINGTON, DC – Oregon’s Senator Jeff Merkley issued the following statement on reports of a Senate proposal to continue to house consumer financial protection within the Federal Reserve. Merkley is a member of the Senate Banking, Housing and Urban Affairs Committee. “The Federal Reserve currently has authority over consumer issues,
WASHINGTON — Oregon Sen. Jeff Merkley added his name today to a bipartisan chorus criticizing a Senate proposal giving the Federal Reserve power to police banks and other financial institutions from abusing consumers. In a statement and in comments on the latest proposal from Sen. Chris Dodd, D-Conn., Merkley said
Redmond, OR – Today, Oregon’s Senator Jeff Merkley attended a small business roundtable event in Central Oregon hosted by the Oregon Small Business Council to discuss the pressures that small businesses across the state are facing and the need for true financial reform. Senator Merkley talked about his plans for
Washington, D.C. – Oregon’s Senator Jeff Merkley made the following statement regarding the implementation of all provisions of the Credit CARD Act: “Today, the full Credit CARD Act goes into effect, creating a stronger and safer lending environment for millions of Americans. The rules that start today will prevent credit
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