Tag: Protecting Consumers, Taxpayers, and the Economy

Merkley: FDA Food Safety Modernization Act Protects Families and Assists Farmers

Washington, D.C. –Today the Senate took another step closer to passing legislation that will give the Food and Drug Administration (FDA) the resources it needs to ensure the safety of our nation’s food supply.  The Senate Health, Education, Labor, and Pensions Committee released the chairman’s draft of the Food Safety

Merkley, Corker Introduce Legislation to Audit the Fed, Protect Taxpayer Dollars

WASHINGTON, D.C. – In the wake of the Federal Reserve’s extraordinary actions last year to stabilize the financial system, U.S. Senators Jeff Merkley (D-OR) and Bob Corker (R-TN), members of the Senate Banking Committee, today introduced legislation that will require the Government Accountability Office (GAO) to conduct an audit of

Merkley And Dodd: New Consumer Protections Vital For Growing The Economy

Portland, OR – Abusive financial practices are weakening our economy and bankrupting consumers.  America needs a robust Consumer Financial Protection Agency that will even the playing field for consumers and bolster the economy. That was the assessment of consumer advocates and Oregonians in a roundtable discussion today with U.S. Senators

Merkley Joins Effort to Protect Civil Liberties

Washington, D.C. – Oregon’s Senator Jeff Merkley co-sponsored legislation today to repeal the retroactive immunity provision in the FISA Amendments Act.  The Retroactive Immunity Repeal Act, introduced by Banking Committee Chairman Chris Dodd (D-CT), would repeal a provision that shields telecommunications companies from legal repercussions if they violate the law.

Merkley: U.S. Economic Stability Demands Strong, Consistent Global Standards

WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley made the following statement today regarding the Obama Administration’s efforts at this week’s G-20 summit to promote an international agreement that addresses continuing risks to the international financial system: “At the current G-20 summit in Pittsburgh, President Obama is calling for an agreement

Merkley Pushes Obama Administration to Streamline Foreclosure Assistance, Provide Report on TARP Funds used for Mortgage Modification

Washington, DC – Oregon’s Senator Jeff Merkley urged Treasury Secretary Timothy Geithner and Housing and Urban Development Secretary Shaun Donovan Wednesday to implement several improvements to the Home Affordable Modification Program (HAMP) to make mortgage modifications simpler and speedier for borrowers and counselors.    “We’ve done a lot to help Wall

Merkley To Complete His 36-County Town Hall Tour

Portland – Oregon’s Senator Jeff Merkley will hold town halls next month in Deschutes, Crook, Wheeler, Morrow, Union, Wallowa, Baker, Malheur, Grant, Harney and Lake counties.   He will update constituents on his work in Washington, DC and answer their questions about the challenges facing Oregon and America.   “Advocating

Merkley: Credit Card Act Will Protect Consumers

Portland – New protections for credit card users will start tomorrow with the enactment of the Credit Card Accountability Responsibility and Disclosure Act. Oregon’s Senator Jeff Merkley was an original co-sponsor of the bill which was signed into law in May.  “The Credit CARD ACT is a huge victory for American

Merkley Introduces Bill to Stop Deceptive Loan Checks

Washington, D.C. – Oregon’s Senator Jeff Merkley introduced the Deceptive Loan Check Elimination Act Thursday to prohibit companies from sending “live” loan checks to consumers.  In these schemes, financial institutions send unsuspecting customers a check made out to them for some amount.  Customers often assume that their financial institutions have

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