Merkley Applauds Levin for Sending “London Whale” Case to DOJ and SEC
Washington, DC- Oregon’s Senator Jeff Merkley issued the following statement after Senator Carl Levin (D-MI), Chair of the Permanent Subcommittee on Investigations, announced he will send his findings on the JPMorgan Chase “London Whale” trading losses to the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). “I
MERKLEY INTRODUCES BILL TO CRACK DOWN ON EXCESSIVE INTEREST RATES AND FEES
Washington, D.C. – Oregon’s Senator Jeff Merkley joined Assistant Majority Leader Dick Durbin (D-IL), Richard Blumenthal (D-CT) Sheldon Whitehouse (D-RI) and Barbara Boxer (D-CA), to introduce the Protecting Consumers from Unreasonable Credit Rates Act today, a bill to eliminate the excessive rates and fees that some consumers are charged for
Merkley: Budget Puts Middle Class First
Washington, DC – Oregon’s Senator Jeff Merkley, a member of the Senate Budget Committee, issued the following statement after Senate passage of a budget framework for fiscal year 2014. “For too long, our economy hasn’t been working for too many middle class Oregonians. This budget lays out a path to
Merkley “Too Big to Jail” Amendment Passes
Washington, DC- Oregon’s Senator Jeff Merkley issued the following statement after the Senate passed his amendment to create a deficit-neutral reserve fund to facilitate the criminal prosecution of U.S. financial institutions that break the law, regardless of size. “Under our American system of justice – where Lady Justice is blindfolded
Merkley Welcomes JPMorgan Payday Lending Changes, Says More Needed
Washington, DC- Oregon’s Senator Jeff Merkley, sponsor of the SAFE Lending Act, a bill to crack down on online payday lending, issued the following statement after the New York Times reported that JPMorgan Chase has changed internal policies to rein in some of the worst practices by online payday lenders:
Merkley Passes Infrastructure Jobs Bill Through Committee
WASHINGTON, D.C.— Oregon’s Senator Jeff Merkley today announced that the Senate Environment and Public Works Committee has passed his Water Infrastructure Finance and Innovation Act (WIFIA). The WIFIA program was included as an element of the Water Resources Development Act (WRDA), which the committee passed on a bipartisan vote. WIFIA
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