Merkley, Wyden Call for Yearlong Renewal of Unemployment Benefits for Jobless Americans
Washington, D.C. – In a letter to Senate Majority Leader Harry Reid and Senate Finance Committee Chairman Max Baucus, Oregon Senators Jeff Merkley and Ron Wyden joined 27 of their colleagues in calling for a yearlong renewal of unemployment benefits for millions of out-of-work Americans. With the national unemployment rate
Sen. Merkley, Business Leaders Call to End Special Tax Cuts for Top Tax Brackets
Washington, DC and Portland, OR – Oregon’s Senator Jeff Merkley hosted a press conference call Wednesday with state and national business leaders to discuss why adding $700 billion to the deficit for a new round of tax cuts for the wealthiest two percent of Americans is bad for business. Business
Sen. Jeff Merkley, small business reps oppose tax breaks for wealthiest
WASHINGTON — Swimming against the political tide, Oregon Sen. Jeff Merkley — backed by a group of small business leaders — argued Wednesday for allowing tax breaks for the wealthiest Americans to expire while extending them for people of more modest incomes. Allowing tax breaks for the wealthiest 2 percent
Massive Mortgage Servicing Problems Exposed
To keep families in their homes, we must address this unproductive dual-track modification system, cut down the piles of paperwork that families are forced to sift through, and make mortgage modifications faster and more effective.
Merkley and Levin Instruct Regulators to Follow Congressional Intent on Volcker Rule
Washington, D.C. – In a letter to federal regulators charged with implementing the Merkley-Levin provisions of the Dodd-Frank Act Friday, U.S. Senators Jeff Merkley and Carl Levin provided explicit instructions regarding their statutory intent to restrict high-risk proprietary trading and conflicts of interest at financial firms. As the primary co-authors
Senators Call on Regulators to Implement Strong Merkley-Levin Provisions
Washington, D.C. – To ensure that the Merkley-Levin proprietary trading restrictions of the Dodd-Frank Act are implemented as intended by Congress, Senators Jeff Merkley (D-Ore.), Carl Levin (D-Mich.), and 16 of their colleagues submitted comments to the Financial Stability Oversight Council (FSOC) Thursday. In the comments, the group of senators
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