Local brewers cheer Oregon senator’s provisions in merger of beer giants
PORTLAND, OR (KPTV) – Oregon Senator Jeff Merkley announced several provisions Thursday in Portland that will take some of the bite out of a major beer merger. AB Inbev and SABMiller filed for a merger and that had many craft brewers across the country worried that they would not be
Sens. Brown, Merkley Want More Info From Regulators About Fintech Oversight
Sens. Sherrod Brown and Jeff Merkley called on financial regulators to provide more information about their oversight of fintech companies, while raising concerns that a murky framework could be harmful to consumers and small businesses. Brown, the ranking member of the Senate Banking Committee, and Merkley, the top Democrat on the
Brown, Merkley Press Federal Agencies on Oversight of Financial Technology
WASHINGTON, D.C. – U.S. Sens. Sherrod Brown (D-OH) and Jeff Merkley (D-OR) today called on the leaders of the U.S. banking and consumer protection agencies to outline steps they are taking to ensure effective oversight of the emerging financial technology, or “fintech,” marketplace. The Senators made their request in a
28 U.S. Senators Encourage CFPB to Strengthen Proposed Small-Dollar Lending Rules
WASHINGTON, D.C. – Today, 28 U.S. Senators—led by Senators Jeff Merkley (D-OR), Dick Durbin (D-IL), Sherrod Brown (D-OH) and Chris Coons (D-DE)—wrote to the Consumer Financial Protection Bureau (CFPB) expressing support for the agency’s small-dollar lending rule and encouraging the consumer agency to strengthen consumer protections in the proposed rule
Democrats Say Government, Contractors Shouldn’t Be Exempt From Robocall Rule
Ten Senate Democrats want to know how the Federal Communications Commission and the Office of Management and Budget “intend to help protect consumers from receiving intrusive robocalls from the federal government and its contractors” following a recent FCC decision to exempt the government from those rules. “We are concerned that consumers
Merkley Slams Repeated Fed Volcker Delays
WASHINGTON, D.C. — Oregon’s Senator Jeff Merkley released the following statement after the Federal Reserve announced that they would again delay implementation of a key part of the Volcker Rule, this time until 2017: “It’s been six years since the Volcker Rule became law, and unbelievably, the Fed still doesn’t
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