Merkley Introduces Amendment to Protect Homeowners from Deceptive Mortgage Practices
WASHINGTON, DC – Today, Oregon’s Senator Jeff Merkley introduced an amendment to the Wall Street reform bill that will ban one of the most egregious mortgage practices that directly led to millions of families losing their homes. The amendment will ban mortgage lenders and loan originators from receiving hidden payments
Merkley Amendment Stops Foreign Companies from Dodging State Insurance Regulations
WASHINGTON, D.C. – United States Senator Jeff Merkley introduced an amendment today that will improve the Office of National Insurance (ONI) provisions of the Wall Street reform bill to ensure that U.S. and foreign insurers are operating on a level playing field internationally without unintentionally weakening state insurance regulation. “As
Merkley-Levin Amendment to Crack Down on High-risk Proprietary Trading
WASHINGTON, D.C. – United States Senators Jeff Merkley (Ore.) and Carl Levin (Mich.) are introducing an amendment today to the Wall Street Reform Bill that will get high-risk proprietary trading out of the nation’s banks and ensure that other financial companies’ trading doesn’t endanger the banking system. The amendment will
Merkley, Wyden Announce USDA Designation of Klamath County as Primary Natural Disaster Area
Washington D.C. – U.S. Senators Jeff Merkley and Ron Wyden announced today that the U.S. Department of Agriculture has designated Klamath County as a primary natural disaster area due to severe drought conditions affecting Oregon farmers and ranchers. The designation extends disaster assistance to farmers and ranchers in Deschutes, Douglas,
Merkley backing a push to give states strong powers to regulate insurance
Sen. Jeff Merkley (D-Ore.) is leading an effort to ensure state insurance regulators keep strong powers under Wall Street overhaul legislation Buried in the 1,400-page bill to revamp the financial regulatory system is a provision to create a new Office of National Insurance to monitor insurers at the federal level.
Business owners weigh in on reform
Members of the Pendleton business community Friday told Oregon Sen. Jeff Merkley that loans are still tough to get and financial reform needs to make common sense. The Democrat met with a dozen business owners and leaders during a closed-door session Friday at the Heritage Station Museum. With financial reform
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