Wells Fargo Offers Regrets, but Doesn’t Admit Misconduct
Wells Fargo was flowing with regrets on Friday, taking out ads in nearly a dozen newspapers saying the bank took “full responsibility” for creating sham bank accounts without its customers’ permission. The bank’s chief executive officer, John Stumpf, even called one prominent Democrat in Congress to express his willingness to assume
Merkley Applauds News that Majority Leader Won’t Bring Up TPP in Lame Duck
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after news that Majority Leader Mitch McConnell will not bring up the Trans-Pacific Partnership (TPP) trade agreement for congressional approval in the post-election lame duck session: “It’s rare for me to agree with Senator McConnell, but in this case
How Predatory Payday Lenders Plot to Fight Government Regulation
Months before a federal agency proposed a new rule threatening the profits of exploitative payday lenders across America, the industry’s leaders gathered at a posh resort in the Bahamas to prepare for war. At the March strategy session, Gil Rudolph of Greenberg Traurig, one of several law firms working with the lenders,
Merkley urges Senate panel to confirm EXIM Bank nominee
WASHINGTON – Sen. Jeff Merkley , D-Ore., called on Senate Banking, Housing, and Urban Affairs Committee Chairman Richard Shelby on Thursday to act on strong bipartisan support for the Export-Import Bank by confirming the EXIM Bank Board of Directors nominee to restore the operating quorum. Small businesses across America, including
Merkley Statement on DEA’s Decision Not to Reschedule Marijuana
Portland, OR. – Oregon’s Senator Jeff Merkley issued the following statement after the announcement from the Drug Enforcement Administration (DEA) that the U.S. will affirm its prohibition on medical marijuana. “Today’s announcement from the DEA is a huge disappointment to people in the 27 jurisdictions across the country that have
Merkley Urges Senate Banking Committee to Confirm EXIM Bank Nominee
WASHINGTON, D.C. – Today, Oregon’s Senator Jeff Merkley called on Senate Banking, Housing, and Urban Affairs Committee Chairman Richard Shelby to act on strong bipartisan support for the Export-Import (EXIM) Bank by confirming the EXIM Bank Board of Directors nominee to restore the operating quorum. Small businesses across America, including