Washington, DC – Today, U.S. Senator Jeff Merkley of Oregon wrote to Treasury Secretary Timothy Geithner urging that he press other nations to participate in aiding financial markets, particularly given the newly disclosed fact that foreign banks are receiving bailout funds. Merkley also called on the Administration to enlist the
Washington, DC – Oregon’s Senator Jeff Merkley today demanded American International Group (AIG) immediately renegotiate bonuses for employees or face legislation from Congress that would recoup the funds through taxation. In comments at a Senate Banking Committee hearing, he also called for robust regulation of the credit default swaps that
Washington, D.C. Oregon Senator Jeff Merkley has co-sponsored legislation to ensure the safety of medical equipment for patients and help protect consumers. The Medical Device Safety Act will reinstate the right of patients to seek compensation for injuries sustained by faulty health care equipment. “When it comes to our patients,
PORTLAND, Ore. – They used words like “horrific.” One person titled a PowerPoint presentation “Foreclosure Nightmare.” All the while, newly-elected Oregon Senator Jeff Merkley listened to the tales of woe and frustration from the group assembled in north Portland, hoping to take their advice back to Washington D.C.
Portland, OR – Oregon’s Senator Jeff Merkley brought together national housing experts, financial professionals, and community members today in Portland to discuss solutions to the escalating mortgage crisis facing millions of American families. Merkley and other participants at the Mortgage and Foreclosure Solutions Summit discussed ideas including allowing homeowners
Merkley held a foreclosure summit in North Portland, where he invited banks, housing agencies and homeowners to air their concerns. Homeowners struggling with foreclosure told Oregon Senator Jeff Merkley Wednesday that they’re not getting help when trying to modify their loans. Kristian Foden-Vencil reports. One of the main problems mentioned
On the same day President Obama unveiled a $75 billion plan to forestall home foreclosures, rookie U.S. Sen. Jeff Merkley, D-Portland, convened a group of experts in North Portland to discuss impediments to keeping people in their homes. “Empty homes contribute to the fast-dropping values of homes, putting more families
Washington D.C. – Oregon’s Senator Jeff Merkley has co-sponsored legislation to end dangerous credit card practices that have buried many American consumers in debt. The Credit Card Accountability, Responsibility and Disclosure (CARD) Act, sponsored by Banking Committee Chairman Chris Dodd, will strengthen regulation and oversight of the credit card industry
Jeff Merkley, freshman Democratic senator from Oregon, was a big supporter of Barack Obama last fall, and he’s still a fan. Lately, he’s just been a little concerned. “Folks in key positions at the top of the Obama financial team are more oriented to Wall Street than families,” Merkley said
Jeff Merkley is sort of like the U.S. economy: He’s at the bottom, working his way up. In Merkley’s case, the bottom has to do with the U.S. Senate’s seniority system. But being a freshman senator hasn’t curbed his determination to help improve Oregon’s economy. Merkley has a seat at
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