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
Merkley Introduces Bill to Help Small Businesses in Hard-Hit Communities Add Jobs
WASHINGTON, D.C. – Today, Oregon’s Senator Jeff Merkley introduced a bill to reduce the wait time for counties to benefit from a federal program that aids small businesses in hard-hit areas. There is currently a two-year lag time after the census is completed before metro areas can be designated HUBZones. “Small
Transportation Bill Passes Out of Committee
Washington, DC- Oregon’s Senator Jeff Merkley today joined his colleagues in the Environment and Public Works Committee in unanimously approving bipartisan legislation to reauthorize the nation’s transportation programs for two years. “Finally, a major jobs bill with bipartisan support is making forward progress in the U.S. Senate,” Merkley said. “This
Merkley Releases County-by-County Report on Loss of Construction Jobs and the State of Oregon Bridges
Washington, DC – Today, Oregon’s Senator Jeff Merkley released a report showing that 456 bridges in Oregon are structurally deficient, and said investments in rebuilding those bridges would put thousands of Oregonians back to work—especially those in the field of construction, which has experienced far higher unemployment that most other
Merkley, Brown Introduce Bill to Protect Seniors from Scams
Washington, DC – Today, on Halloween, Oregon’s Senator Jeff Merkley and Ohio’s Senator Sherrod Brown introduced the Deceptive Loan Checks Elimination Act, which would prohibit companies from sending “live” loan checks to consumers. In these schemes, financial institutions send unsuspecting customers a check made out to them for some amount.
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