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
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