Senate Dems seek divestment blind trust for Trump’s assets
Five Democratic senators on Thursday unveiled a bill they plan to release next month that would require Donald Trump to divest assets that risk a conflict of interest and place the proceeds in a blind trust as well as require his appointees to step aside from official decisions that could
Bipartisan Group of Senators Presses Federal Regulator for Clear Guidance on Banking Services for Vendors Working with Legal Marijuana Businesses
WASHINGTON, D.C. – Today, a bipartisan group of Senators led by Oregon’s Senator Jeff Merkley pressed a key federal regulator to take further action to ensure that vendors working with legal marijuana businesses in states that have legalized recreational or medicinal marijuana do not have their banking services taken away.
Democratic senators press Trump’s education pick Betsy DeVos to pay years-old $5.3 million fine
A group of Senate Democrats is urging President-elect Donald Trump’s nominee for education secretary, Betsy DeVos, to pay $5.3 million in fines imposed on her political action committee for campaign finance violations in Ohio eight years ago. “As secretary of education, Betsy DeVos would be responsible for overseeing the nation’s student loan
Merkley denounces nomination of ‘Putin’s buddy’ Rex Tillerson for secretary of state
SALEM, OR (KPTV) – Sen. Jeff Merkley of Oregon on Tuesday harshly criticized President-elect Donald Trump’s selection of ExxonMobil CEO Rex Tillerson as nominee for secretary of state. If approved, Tillerson would be the first secretary of state in modern history without previous government experience, The Washington Post reported. “Donald Trump told us he
Merkley Joins Senators in Introducing Bill to Give Wells Fargo Victims Their Day in Court
WASHINGTON, D.C. — Today, Oregon’s Senator Jeff Merkley announced that he has joined 14 of his colleagues to introduce legislation, the Justice for Victims of Fraud Act of 2016, to give Wells Fargo customers who were victims of a fraudulent account scheme their day in court. Wells Fargo is using
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.