Merkley-Levin: GAO Study on Proprietary Trading Is a Major Disappointment
Washington, DC – Senators Jeff Merkley (D-OR) and Carl Levin (D-MI), the primary authors of the Merkley-Levin provisions limiting proprietary trading, issued the following statement on the release of a Government Accountability Office (GAO) study today: “The GAO study is a major disappointment. At best it is incomplete. At worst
Merkley on Special Interest Tax Programs: No Triple Crown Tax Treatment For the Wealthy While Workers Get Put Out To Pasture
Washington, D.C. – Today, Oregon’s Senator Jeff Merkley spoke on the Senate floor about the “Bluegrass Boondoggle,” a special interest tax subsidy for racehorse owners. Merkley noted that Republicans have placed special interest tax spending, like the Boondoggle, off limits as part of the deficit debate, while pushing for cuts
Merkley Applauds Release from Strategic Petroleum Reserve
Washington, DC – The Department of Energy announced today that it will sell off 30 million barrels from the Strategic Petroleum Reserve (SPR). Oregon’s Senator Jeff Merkley released a statement following the announcement. “I applaud President Obama and the Department of Energy for releasing a small portion of the Strategic
Merkley: New Leadership Needed at OCC
Washington, DC – Oregon’s Senator Jeff Merkley today urged President Obama to appoint a new head to the Office of the Comptroller of Currency (OCC), a position held for the past several year by Acting Comptroller John Walsh. Merkley’s comments came in response to recent statements from Walsh that criticize
Merkley: We Must Act Now to Stop Falling Home Prices
PORTLAND, OR – Oregon’s Senator Jeff Merkley issued the following statement on news that home prices have fallen to their lowest level since the collapse of the housing market: “Nearly three years after an economic collapse caused by the actions of Wall Street, the big financial firms are back on
Merkley: Republican Plan to Dismantle Medicare Breaks Covenant with Seniors
Washington, D.C. – Oregon’s Senator Jeff Merkley issued the following statement after the Senate rejected the Republican budget plan: “Instead of laying out a vision for the future that creates jobs for the unemployed or invests in education, clean energy, and infrastructure, the Republicans offered a budget that ends Medicare as