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
I want to start by thanking Chairman Harkin, who worked with me to include provisions to help small farms and processors and organic farms so that they have before them in this bill provisions that support them and will help make them successful. The last thing we want to see
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
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
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
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
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
Sr. Merkley: Señor Presidente, estoy presentando dos leyes para abordar el corazón mismo de nuestra crisis económica: el mercado inmobiliario y las prácticas crediticias engañosas que han puesto a millones de viviendas en riesgo de ejecución hipotecaria. En los últimos años, millones de familias se vieron conducidas a hogares insostenibles.
Sr. Merkley: Señor Presidente, tomo la palabra para apoyar firmemente el proyecto de ley subyacente, la Ley de Recuperación y Control del Fraude de 2009, y en particular sobre su impacto en la detección de fraude en la industria de la vivienda. Sin embargo, primero permítanme ofrecer mi agradecimiento al senador de mayor rango de Vermont por su
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