WASHINGTON, DC – Today, the United States Senate voted to confirm Ben Bernanke to a second term as Chairman of the Federal Reserve. Oregon’s Senator Jeff Merkley, the first Democrat to publicly oppose Bernanke’s nomination, voted against confirmation. Merkley issued the following statement after the vote: “I opposed Ben Bernanke’s
Sen. Jeff Merkley would not disagree that Federal Reserve chairman Ben Bernanke has done a solid job in the past year steering the American economy away from complete collapse. But there is, the Oregon Democrat insists, a small complication. “He helped set the house on fire,” says Merkley about Bernanke.
Washington, DC – Oregon’s Senator Jeff Merkley applauded the decision by President Obama to nominate fellow Oregonian Dr. Earl Weener to the open Republican seat on the National Transportation Safety Board (NTSB). Dr. Weener, a resident of Sherwood, Oregon, has dedicated his career to improving airplane and pilot safety and
Sen. Jeff Merkley (D., Ore.) last month became the first Democrat to oppose Ben Bernanke’s confirmation for a second term as Federal Reserve chairman. (The leading liberal against Bernanke, Sen. Bernie Sanders of Vermont, is an independent.) He’s been joined now by three other Democrats and a growing list of
WASHINGTON — Oregon Sen. Jeff Merkley said Friday he would vote against granting a second term to Federal Reserve Chairman Ben Bernanke, concluding that Bernanke was partly to blame for the nation’s deep recession and that he is ill-equipped to lead a recovery. In explaining his decision in a floor
Washington, D.C. – Oregon’s Senator Jeff Merkley made the following statement Thursday morning in advance of President Obama’s announcement on financial regulation: “For months, I’ve been pushing for the reestablishment of a firewall between risky activities and depository lending. This is an absolutely necessary step in shutting down the casino-like
WASHINGTON (Reuters) – Bipartisan discussion is under way in the U.S. Senate Banking Committee about possibly imposing new limits on proprietary trading by banks, a Democratic committee member told Reuters on Tuesday. Senator Jeff Merkley had earlier called for a study of the risks and conflicts of insured depository institutions
WASHINGTON, DC – Oregon’s Senator Jeff Merkley, a member of the Senate Committee on Banking, Housing and Urban Affairs, issued the following statement on his intention to vote against Ben Bernanke’s nomination to a second term as Chairman of the Board of Governors of the Federal Reserve System: “Tomorrow, I
Sen. Jeff Merkley of Oregon today became the first Senate Democrat to announce a vote against Federal Reserve Chairman Ben Bernanke’s nomination for a second term. He talked with us about his decision ahead of Thursday’s Senate Banking Committee vote on confirmation: Bernanke is President Obama’s nominee for Fed chairman.
Washington, D.C. –Today the Senate Health, Education, Labor and Pensions (HELP) Committee unanimously passed the FDA Food Safety Modernization Act, which will now be sent to the floor for consideration by the full Senate. The legislation will increase the Food and Drug Administration’s (FDA) ability to ensure the safety of
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