Protecting Consumers, Taxpayers, and the Economy

Jeff is fighting to fix our broken financial system and make it work for middle-class families and small businesses again. Jeff is passionate about consumer protection and making sure that ordinary families are protected against scams and predatory schemes that threaten their pocketbooks. He led the fight in Oregon to take on the predatory payday lenders. In the U.S. Senate, he’s fought to create and strengthen the Consumer Financial Protection Bureau, the first-ever federal agency with the sole mission of looking out for consumers in their everyday financial transactions.

Bonamici, Merkley, Jayapal Introduce Legislation to Stop Predatory Payday Lending Practices

WASHINGTON, DC [9/20/24] – Congresswomen Suzanne Bonamici (D-OR), Pramila Jayapal (D-WA), and Senator Jeff Merkley (D-OR) introduced legislation to protect consumers from predatory payday lending practices. The Stopping Abuse and Fraud in Electronic (SAFE) Lending Act of 2024 would safeguard consumers as predatory payday lenders have continued to flourish online

Warren, Merkley Release New Report on Biden-Harris Student Debt Relief: Who Really Benefits from Student Debt Cancellation?

New rule will disproportionately help low- and middle-income borrowers, seniors, women, and Black borrowers. Text of Report (PDF) Washington, D.C. – Today, U.S. Senators Elizabeth Warren (D-Mass.) and Jeff Merkley (D-Ore.) released a new 29-page report, Who Really Benefits from Student Debt Cancellation?, examining the impact of the Biden-Harris administration’s

DURBIN, PALLONE, MERKLEY LEAD AMICUS BRIEF URGING SUPREME COURT TO SUPPORT FDA’S PUBLIC HEALTH AUTHORITY AND ACTIONS TO REGULATE E-CIGARETTES

During its upcoming term, the Supreme Court will hear FDA’s appeal of a Fifth Circuit decision that struck down the agency’s denials of applications from an e-cigarette manufacturer WASHINGTON – U.S. Senate Majority Whip Dick Durbin (D-IL), Chair of the Senate Judiciary Committee; U.S. Representative Frank Pallone, Jr. (D-NJ-06), Ranking Member

Dems Urge CFTC To Finalize Elections Trading Ban

Law360 A group of Democratic lawmakers urged the U.S. Commodity Futures Trading Commission on Monday to finalize and implement its proposed rule to ban trading on the outcome of elections. In May, a divided CFTC voted to approve a proposed rule, which doubled down on its contested position that this activity is illegal gambling.

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