Senate Passes Merkley HUBZone Bill
WASHINGTON, D.C. – Today, the United States Senate unanimously passed a bill sponsored by Oregon’s Senator Jeff Merkley that would reduce the wait time for small businesses to benefit from a federal program that aids companies in hard-hit counties. There is currently a two-year lag time after the census is completed
Merkley Statement on Middle Class Tax Cuts and Unemployment Insurance Compromise
Washington, DC- Oregon’s Senator Jeff Merkley released the following statement after passage of an extension of the payroll tax cuts and unemployment insurance. “I supported this bill today with substantial reservations,” Merkley said. “On the one hand, it preserves the payroll tax cut for Oregon’s hard-working families. Without passage, average
Crowdfunding on Internet Should be Safe, Accessible
Washington, DC- Today, Oregon’s Senator Jeff Merkley and Michael Bennet (D-CO) introduced the Capital Raising Online While Deterring Fraud and Unethical Non-Disclosure Act of 2011 (CROWDFUND Act), which would legalize and regulate the raising of start-up capital for small businesses on the internet. The promise of crowdfunding is that investments
Merkley Demands Changes to Help Oregon Timber Workers Get Jobs
WASHINGTON, D.C. – Though Oregon’s timber counties have among the highest unemployment rates in the Northwest, a recent report from the Department of Labor’s Inspector General revealed that millions of dollars in stimulus funds were used by contractors employing foreign workers to perform forest thinning work. Today, Oregon’s Senator Jeff
Merkley: Help Working Families Like the Fed Helped Big Banks
Washington, DC– Oregon’s Senator Jeff Merkley today wrote a letter to President Obama after news broke that the Federal Reserve secretly loaned or guaranteed $7.7 trillion to major financial institutions such as Goldman Sachs, Bank of America, and J.P. Morgan. It is reported by Bloomberg Markets Magazine that the Wall
Merkley: We Need to Focus on Jobs
Washington, DC – Oregon’s Senator Jeff Merkley issued the following statement regarding press reports that the Joint Select Committee on Deficit Reduction would be unable to come up with a deficit-reduction agreement, triggering $1.2 trillion in automatic defense and domestic spending cuts: “The supercommittee failed to reach an agreement for
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