Etiqueta: Taxpayers

Lee, Merkley Introduce the Auto Data Privacy and Autonomy Act

WASHINGTON – Senators Mike Lee (R-UT) and Jeff Merkley (D-OR) introduced the bipartisan Auto Data Privacy and Autonomy Act, legislation to restore vehicle owners’ control over their personal data in an era of rapidly advancing automotive technology. With connected vehicles projected to make up 95% of all new vehicles on the road by 2030,

Consumer watchdog must crack down on payday lending

Maryann Olson’s monthly Social Security check wasn’t enough to cover the cost of orthopedic shoes that she desperately needed so she turned to a payday lender.  However, her $150 loan quickly turned into $1,900 in debt. I heard many stories from people like Maryann when I was fighting to end

It’s time to pass Wall Street reform and put middle class families first

Mr. President, I rise to address the Dodd-Frank financial reform bill and to share the reasons it makes a great deal of sense to restore the lane markers and traffic signals to our financial system–lane markers and traffic signals that were ripped away carelessly, thoughtlessly over the course of a

Wall Street: A Story in Millions, Billions and Trillions

Mr. President, tonight we had a vote in which 57 Members of this body said we should proceed to have a fully public debate and votes on issues related to Wall Street and Main Street; 57, far more than a majority, said it is time for us to come to

Chairman of the Fed Must Protect Consumers

Mr.  President, I rise today to oppose the nomination of Ben Bernanke as Chairman of the Fed.  I do so as a member of the Banking Committee who voted against his nomination in that committee, because I researched his record, and on that record I believe that Ben Bernanke is

Rebuilding the Financial Foundation for Our Families

Mr.  President, I rise today to oppose the nomination of Ben Bernanke as Chairman of the Fed.  I do so as a member of the Banking Committee who voted against his nomination in that committee, because I researched his record, and on that record I believe that Ben Bernanke is

Necesitamos una agencia sólida de protección financiera del consumidor

Sr. Merkley: Tomo la palabra para expresar mi firme apoyo a la propuesta del Presidente Obama de crear una agencia de protección financiera del consumidor separada de nuestros reguladores bancarios prudenciales. Creo que establecer esta nueva agencia independiente es fundamental para proteger la seguridad económica de la clase media estadounidense y garantizar la

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