Foster, Merkley Lead Bicameral Investor Choice Act
Washington, DC – Today, U.S. Rep. Bill Foster (D-IL) and U.S. Sen. Jeff Merkley introduced the Investor Choice Act, which would prohibit pre-dispute mandatory (or “forced”) arbitration agreements and ban prohibitions on class action lawsuits in customer contracts that investors often must enter into in order to receive services from broker-dealers
Wyden, Merkley Call Out Trump Admin Efforts to Promote Junk Plan Coverage Under Questionable Legal Authority
Washington, D.C. –U.S. Senators Ron Wyden and Jeff Merkley today called out the Trump administration’s promotion of junk health care plans on HealthCare.gov. In a letter to the Centers for Medicare and Medicaid Services (CMS) and the Inspector General for the Department of Health and Human Services (HHS), the Oregon
In Honor of Veterans Day, Merkley, Brown, Reed, Van Hollen Introduce Legislation to Extend Critical Financial Protections for Servicemembers to Veterans and Consumers
WASHINGTON, DC – Senators Jeff Merkley (D-OR), Sherrod Brown (D-OH), Ranking Member of the Senate Banking Committee, Jack Reed (D-RI), Ranking Member of the Senate Armed Services Committee, and Chris Van Hollen (D-MD), today introduced legislation that extends the protections of the Military Lending Act (MLA), which caps the interest
Merkley, Wyden Announce Key USDA Investment in Electric Infrastructure Improvement
Washington, D.C. – Oregon’s Senators Jeff Merkley and Ron Wyden today announced a nearly $8.5 million electric infrastructure investment in West Oregon Electric Cooperative, Inc., a Vernonia-based co-op which serves communities throughout Columbia, Yamhill, Tillamook, Washington, and Clatsop counties. Merkley serves as the top Democrat on the Senate Agriculture Appropriations
Merkley Urges Financial Regulators to Reject Gutting of Volcker Rule
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley, who co-authored the Volcker Rule along with former Sen. Carl Levin (D-MI), today strongly urged federal financial regulators to reject a proposed rewrite of the landmark financial reform provision that would place gaping loopholes into the rule’s protections. “Your agencies have been charged
Ahead of Labor Day, Merkley Announces Legislation So Workers Gain, Not Just CEOs
WASHINGTON, D.C. – As Labor Day approaches, Oregon’s Senator Jeff Merkley today announced that he will be introducing new legislation to make sure workers get a fair share of the profits they create by taking on massive pay disparities between CEOs and workers. The Fair Share for Workers Act would