Senators Introduce Bill to Provide Relief to Americans Struggling with Medical Debt
Washington, D.C. – Senators Jeff Merkley (D-OR), Byron Dorgan (D-ND), Chuck Schumer (D-NY), Robert Menendez (D-NJ), Dick Durbin (D-IL), and Tom Harkin (D-IA) introduced legislation today that will prohibit companies from using paid off or settled medical debt in assessing consumer credit scores. The Medical Debt Relief Act will assist
Merkley: End Subsidies to Big Oil
U.S. Senator Jeff Merkley (D-OR) joined Senators Robert Menendez (D-NJ) and Bill Nelson (D-FL) today to announce legislation that will close a number of corporate tax loopholes that allow oil companies to avoid paying billions of dollars in taxes.
Merkley Joins Effort to Pass Wall Street Reform
The United States Senate tonight passed important reform legislation to rein in abuse on Wall Street and restore stability to financial markets. The bill contains key mortgage lending reforms championed by Oregon’s Senator Jeff Merkley: a ban on prepayment penalties, “liar” loans issued without supporting documentation, and steering payments to originators for putting borrowers in high-cost mortgages.
Merkley: Let Volcker have a Vote
The amendment 410, is an amendment that is cosponsored by Carl Levin and myself and about 20 other Senators in this body. There are not that many amendments that have 20-plus cosponsors. I will tell you that it is not the number of cosponsors, although that indicates a genuine interest
Merkley, Levin: Free the Volcker Rule
WASHINGTON, D.C. – Today, Senate Republicans refused to allow a vote on a long-anticipated amendment to the Wall Street accountability bill that will ban the high-risk trading that brought our economy to the brink of meltdown. The amendment’s chief sponsors, Oregon Senator Jeff Merkley and Michigan Senator Carl Levin, today
Senate Passes Merkley-Klobuchar Amendment to Protect Homeowners
WASHINGTON, DC – Today, an amendment put forth by Oregon Senator Jeff Merkley and Minnesota Senator Amy Klobuchar to the Wall Street reform bill passed the Senate by a vote of 63-36. The amendment will protect homeowners by prohibiting mortgage lenders and loan originators from receiving hidden payments when they