Elizabeth Warren and more than 100 House Democrats blast lack of diversity at the Fed
The Federal Reserve System is one of the most important institutions in the entire American government. Its composition is also almost shockingly non-diverse, with zero African Americans or Latinos serving on the key panel whose decisions impact job creation and the pace of economic growth, despite fairly overwhelming evidence that
Merkley, Bonamici Applaud Google’s Move to Ban Payday Loan Advertisements
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley and Representative Suzanne Bonamici (OR-1) today applauded the announcement that Google would change its advertising policies to ban advertisements for payday loans on its platforms. Merkley and Bonamici are the lead sponsors of the Stopping Abuse and Fraud in Electronic Lending (SAFE Lending)
Wyden and Merkley Seek To Cap Drug Costs for Seniors
Oregon’s two U.S. senators stumped for plans Wednesday to cap prescription drug costs for seniors and renewed the call for Medicare to negotiate drug prices, a longtime Democratic priority that has been endorsed by all three remaining major presidential candidates. “These prescription drug costs are just clobbering people, especially the
Merkley Prods Regulators on Credit Suisse Losses
Key Development: Sen. Jeff Merkley (D-Ore.) asks federal financial regulators whether large losses by Credit Suisse Group AG in distressed holdings might show whether the firm violated the Volcker Rule. A prominent Senate Banking Committee member is asking federal financial regulators whether large losses by Credit Suisse Group AG in
Merkley applauds new FDA tobacco rules
WASHINGTON – Sen. Jeff Merkley D-Ore., released the following statement Thursday after the U.S. Department of Health and Human Services announced that the Food and Drug Administration’s tobacco deeming rule was finalized and will now go into effect: “The tobacco regulation rule announced today by the FDA is a critical milestone for public
Wyden, Merkley push for capping Rx prices, allowing Medicare to negotiate
U.S. Sens. Ron Wyden and Jeff Merkley came to Portland Wednesday to stump for federal legislation that would cap prescription drug costs for seniors. “These prescription drug costs are clobbering older people in Oregon and across the country,” said Wyden, a Democrat and co-sponsor of the bill. “It’s a prescription of punishment, so many costs
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