MERKLEY RELEASES REPORT DETAILING TAX DOLLARS USED TO HIRE FOREIGN TIMBER WORKERS IN CENTRAL OREGON
Bend, OR – Senator Merkley was in Bend today to release a new report that reveals the extent to which federal funds have been used to employ foreign workers on Central Oregon forest projects. More than 50 percent of the Central Oregon forest health projects funded in 2010 utilized foreign
Merkley: Transportation Bill Creates Jobs in Oregon
Washington, DC — Today, Oregon’s Senator Jeff Merkley applauded the Senate passage of the conference report of the transportation bill, which includes a fix that will stop the doubling of student loan rates, as well a one-year extension of county payments and the reauthorization of the National Flood Insurance Program.
Merkley Statement on Dimon Hearing
Washington, DC- Oregon’s Senator Jeff Merkley issued the following statement after today’s Senate Banking Committee hearing on JPMorgan’s trading losses. “While it wasn’t his intention, Jamie Dimon today made the case for a strong Volcker Rule. I was pleased to hear him say that he doesn’t want to be in
Merkley Statement on Victory for American Solar Manufacturing
Washington, DC– Oregon’s Senator Jeff Merkley issued the following statement after the U.S. Commerce Department announced that duties will be placed on imported Chinese solar panels and cells manufacturers to compensate for illegal trade practices by the Chinese companies, many of which are state-owned or state-controlled. “I’ve said it before
Merkley, Levin Call on Regulators to Close “JPMorgan Loophole”
WASHINGTON – Oregon’s Senator Jeff Merkley and Senator Carl Levin (D-MI) today sent a letter to regulators, calling on them to close the “JPMorgan Loophole.” Although the Dodd-Frank Act prohibits banks from proprietary trading, the regulators’ proposed rule creates a new loophole that could allow proprietary trading to continue even
Merkley: J.P. Morgan’s Trading Losses Show Need for Strong Volcker Rule
Washington, DC- Oregon’s Senator Jeff Merkley, cosponsor of the Merkley-Levin provision in Dodd-Frank that put into law the Volcker Rule, issued the following statement after news that J.P. Morgan lost at least $2 billion in portfolio hedging trades made by their risk management division. “What yesterday’s announcement makes abundantly