Merkley Expresses Concern that OCC FinTech Charter Plan Will Allow Lenders to “Sink to the Lowest Common Denominator”
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after the Office of the Comptroller of the Currency (OCC) laid out plans to create a new national charter for financial technology, or “FinTech,” firms: “The emerging FinTech market has the potential for great innovation and expansion of opportunity.
Democrats say they’ll take aim at Trump’s Treasury pick
WASHINGTON — President-elect Donald Trump selected a former Goldman Sachs trader and Hollywood financier as secretary of the Treasury on Wednesday, handing Democrats a high-profile target to make the case that Trump is abandoning his populist campaign promises to clear out monied elites and make Washington work for the average
Merkley Joins Amicus Brief in Fight to Protect Consumer Bureau’s Independence
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley joined an amicus brief of 20 current and former Members of Congress supporting the Consumer Financial Protection Bureau’s (CFPB) appeal of a judicial decision that threatens its independent structure. The brief was filed this week in the D.C. Circuit Court of Appeals. The
Merkley fights to keep consumer bureau independent
WASHINGTON – Senator Jeff Merkley, D-Ore., has joined an amicus brief of 20 current and former members of Congress supporting the Consumer Financial Protection Bureau’s appeal of a judicial decision that threatens its independent structure. The brief was filed this week in the D.C. Circuit Court of Appeals. The brief
Mnuchin will make America work for Wall Street, Sen. Jeff Merkley says
Sen. Jeff Merkley slammed Donald Trump ‘s selection of Steve Mnuchin for Treasury secretary on Wednesday. “This man is an expert on how to make money in predatory lending and putting him in charge — it is absolutely the opposite of draining the swamp. It is filling the swamp with
Wyden, Merkley Announce $6 Million to Train Oregonians for Jobs in Growing Health Care Industry
Washington, D.C. – Today, Oregon Senators Ron Wyden and Jeff Merkley announced that the U.S. Department of Labor has awarded $6 million to help educate and train Oregonians for jobs in Oregon’s growing health care industry. The grant, awarded to Worksystems Inc., is part of America’s Promise, which helps cover education
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