Merkley Pushes Back on Regulators’ Weakening of Volcker Rule
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley, a co-author of the Volcker Rule, released the following statement after Trump-appointed regulators announced that they would rewrite implementation of the rule to weaken its restrictions: “Let’s call it like it is: This is a massive giveaway to the biggest banks. Our small,
Amid Housing Crisis, Merkley, Wyden Announce Influx of Housing Aid for Communities Across Oregon
WASHINGTON, D.C. – Oregon’s U.S. Senators Jeff Merkley, who serves on the Senate Appropriations Committee, and Ron Wyden today announced more than $10.6 million in public housing grants awarded to housing authorities across Oregon. “The nation is facing its biggest housing affordability crisis in decades, with rents dramatically outpacing incomes,”
Merkley Statement on House Passage of Bank Deregulation Bill
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after the U.S. House of Representatives passed a deregulatory banking bill that rolls back key provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Senate previously considered and passed the bill in March. “Working Americans have
Merkley and Toomey Call on FCC to Address Identity Theft and Fraud in Public Comments
WASHINGTON, D.C. – Senators Jeff Merkley (D-OR) and Pat Toomey (R-PA) today issued a strong call to Federal Communications Commission (FCC) Chairman Ajit Pai to identify and address fraudulent behavior that has led to potentially two million fake comments being filed under stolen identities on public rulemakings. Though they come
Wyden, Merkley Join Colleagues in Calling on CFPB to Protect Consumer Complaint Database
Washington, D.C. – Oregon Sens. Ron Wyden and Jeff Merkley today joined 34 of their colleagues in urging the Consumer Financial Protection Bureau (CFPB) to preserve public access to the Bureau’s Consumer Complaint Database. Last month, Office of Management and Budget Director Mick Mulvaney stated he wanted to shut down the
Merkley Applauds Senate Vote to Restore Net Neutrality
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after the Senate voted on a bipartisan basis to restore net neutrality, the principle that internet service providers should treat all web traffic equally rather than favoring some traffic over others: “Americans don’t want slow and fast lanes on