US sen. wants to widen proposed ban on risky trade
WASHINGTON, Feb 12 (Reuters) – A member of the U.S. Senate Banking Committee said on Friday he is writing legislation that would apply more widely a White House proposal to limit risky investing, extending the reach to nonbank financial institutions as well as to banks. Jeff Merkley, a a first-term
Merkley Urges Swift Action to Address Unemployment
Oregon’s Senator Jeff Merkley issued the following statement in response to today’s jobs report, which showed the nation losing 20,000 more jobs in January, though the national unemployment rate dropped to 9.7 percent, the lowest level since August 2009
Merkley Supports Tax Cuts for Working Americans
Oregon’s Senator Jeff Merkley co-sponsored two bills this week to cut taxes for working families. The Savings for Working Families Act and Right Start Child Care and Education Act are part of President Obama’s proposal to ease the financial burdens on working families in the weakened economy.
Merkley Applauds Creation of Office of Sustainable Housing and Communities
Oregon’s Senator Jeff Merkley joined HUD Secretary Shaun Donovan, Rep. Earl Blumenauer (D- Ore.) and Governor Ted Kulongoski via video today to announce the creation of the Office of Sustainable Housing and Communities within HUD. The creation of this office reflects elements of the Livable Communities Act that Merkley co-sponsored last year.
Merkley, Boxer Applaud Obama’s Decision to Boost Lending for Small Businesses and Create Jobs
WASHINGTON, D.C. – Senators Jeff Merkley (D-OR) and Barbara Boxer (D-CA) praised President Obama’s decision to create a $30 billion Small Business Lending Fund to assist community banks in extending credit to small businesses so they can expand and create jobs. Senators Merkley and Boxer introduced a similar proposal last
Merkley: Federal Budget Lays Groundwork for Job Growth
Washington, DC – Oregon’s Senator Jeff Merkley released the following statement reacting to President Obama’s proposed FY2011 budget: “I’m impressed by the focus on job creation and economic growth for working families that is apparent in President Obama’s proposed budget. When he was sworn in, President Obama was faced with