Merkley Blasts “Too Big to Jail” Policy for Lawbreaking Banks
WASHINGTON, DC – Oregon Senator Jeff Merkley today blasted the U.S. Department of Justice for its policy of offering “deferred prosecution” for large financial institutions that break federal criminal laws, including drug trafficking, money laundering, and sanctions violations, calling the policy “too big to jail” and demanding explanations. In a
Merkley and Bennet call upon SEC to Quickly Release Crowdfunding Rules
WASHINGTON, DC – Today, Senators Jeff Merkley (D-OR) and Michael Bennet (D-CO) sent a letter to SEC Chairman Mary Schapiro to request that rules governing crowdfunding activities be issued quickly. Merkley and Bennet were lead sponsors on the CROWDFUND Act, which was passed on April 5, 2012 and legalizes the
Merkley, Wyden Urge DOJ to Investigate Western Gas Price Spikes
WASHINGTON, D.C. – Today, Oregon Senators Jeff Merkley and Ron Wyden joined with their colleagues from Washington and California to demand the Department of Justice (DOJ) conduct a refinery-by-refinery investigation into the cause of spikes that drove gas prices to more than $4 a gallon in Western states during May and
MERKLEY BILL WOULD CREATE JOBS REPAIRING VITAL DRINKING WATER AND SEWER SYSTEMS
Washington, DC – Today, Oregon’s Senator Jeff Merkley introduced the Water Infrastructure Finance and Innovation Act (WIFIA). This bill would create jobs and help local communities upgrade or replace aging and damaged water and sewer systems. Low cost financing would save homeowners and businesses money and spur construction jobs as repairs
Merkley and Levin: Finish Stronger, Simpler Volcker Rule Without Delay
Washington, DC – Today, Senators Jeff Merkley (D-OR) and Carl Levin (D-MI) called on regulators to end the delay in issuing a final version of the Volcker Rule. In a letter to Federal Reserve Chairman Ben Bernanke and other regulators, the Senators expressed frustration that months after the deadline has
Merkley Statement on Solar Trade Decision
Washington, DC– Oregon’s Senator Jeff Merkley issued the following statement after the U.S. Commerce Department announced today’s decision on tariffs for Chinese solar exports: “We know that on a level playing field, Oregon workers and businesses can compete with any company in the world. However, if China continues to cheat
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