Merkley Seeks Improvements to Mortgage Modification Program
WASHINGTON, DC – As top Obama Administration officials prepare for a meeting with the nation’s mortgage servicing companies, Oregon’s Senator Jeff Merkley today urged the Administration to take a number of steps to make it easier for homeowners at risk of foreclosure to modify the terms of their mortgages. “With
Merkley Applauds Fed for Steering Payment Ban
WASHINGTON, DC – Chairman of the Federal Reserve Board, Ben Bernanke, announced today that the Federal Reserve is recommending new rules to benefit consumers, including a ban on yield spread premiums, also known as steering payments. The new rules also require lenders to provide borrowers with a straightforward explanation of
Merkley Statement on Salazar Announcement on Western Oregon Plan Revision and the Spotted Owl Recovery Plan
Washington, DC – Today, Interior Department Secretary Ken Salazar withdrew the Western Oregon Plan Revision and the Spotted Owl Recovery Plan based on findings that the Bush Administration ignored the law and disregarded science, and a judgment that the WOPR could not stand up in court. Oregon’s Senator Jeff Merkley
Health Committee Passes Merkley Amendment to Expand Health Care Access for Small Businesses
Washington, DC – An amendment sponsored by Oregon’s Senator Jeff Merkley that would expand health care access and choices for small businesses was approved by the Senate Health, Education, Labor and Pensions (HELP) Committee today. The Small Business Choice Guarantee amendment was offered during committee consideration of major health care
Merkley: Treasury Tarp Buyback Could Cost Taxpayers $2.7 Billion
WASHINGTON, DC – A report released today by the Congressional Oversight Panel (COP) of the Trouble Asset Relief Program (TARP) details how the current buyback policies could be costing taxpayers billions of dollars. Oregon’s Senator Jeff Merkley asked the Treasury Department to pursue a new course that would ensure taxpayers’
Merkley, Wyden: More Than $14 Million In Recovery Act Funds For Transit Improvements Headed To Oregon
Portland – Oregon’s Senators Jeff Merkley and Ron Wyden applauded the announcement that $14.7 million in federal funds will be heading to Oregon for rural transit improvements as part of the American Recovery and Reinvestment Act of 2009. The money, announced by the U.S. Department of Transportation, will be used
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