Merkley Monthly: Making major investments in the Port of Coos Bay
The Coos Bay World Transforming the Oregon International Port of Coos Bay into the first fully ship-to-rail port facility on the West Coast is a huge opportunity for Oregon and our coastal communities. This project will create good-paying union jobs and permanent local jobs, increase West Coast port capacity by
Three Americans have been freed from prisons in China
NPR The Biden administration says the prisoners were all wrongfully held and that they are being reunited with their families for the first time in many years. They appear to be part of a prisoner swap. ARI SHAPIRO, HOST: Three Americans have been freed from prisons in China. The Biden
Wyden, Merkley Announce Nearly $1.2 Million for Ecosystem Restoration in Oregon; National Fish and Wildlife Foundation award will benefit residents and projects along Tillamook River
Tillamook County Pioneer Washington D.C.—U.S. Senators Ron Wyden and Jeff Merkley today announced a federal investment of $1.18 million for the Tillamook Estuaries Partnership to help fix the Burton-Fraser Road along the Tillamook River that is limiting fish passage. “Letting our infrastructure crumble over time to a point where it
How Wells Fargo’s CEO Could Have Avoided His Senate Belly Flop
When Wells Fargo CEO John Stumpf stepped into the hearing room on Tuesday, the usually politically discordant Senate Banking Committee was united in a chorus of outrage. In fact, the Senate chorus could have sung the lyrics of a hit song from the Broadway hit Music Man: “O-ho the Wells
Senators seek Labor Department probe of Wells Fargo
Eight U.S. Democratic senators asked the Labor Department on Thursday to launch a probe into whether Wells Fargo (WFC.N) may have violated wage and working hour laws by failing to pay overtime to tellers and sales representatives who stayed late to meet sales quotas. The request comes after Wells Fargo
Here’s the Thing About That Wells Fargo Testimony
At the end of his thorough roasting in front of the Senate Banking Committee on Tuesday morning, Wells Fargo CEO John Stumpf found himself on the business end of some tough questions from Senator Jeff Merkley, Democrat of Oregon. Merkley cited the accounts given by a number of Wells Fargo employees—the kind of
Wells Fargo CEO Testifies Before Senate Banking Committee
Wells Fargo & Co. Chief Executive John Stumpf was attacked on Capitol Hill Tuesday by senators who contended that the bank’s leadership hadn’t taken enough responsibility for a scandal over its sales practices. Mr. Stumpf on Tuesday repeatedly apologized for the behavior that led to employees creating as many as
Elizabeth Warren Accuses Wells Fargo Chief of ‘Gutless Leadership’
WASHINGTON — The more the chief executive of Wells Fargo tried to explain, the more skeptical the senators became. For more than two hours testifying before the Senate Banking Committee on Tuesday, John G. Stumpf expressed regret that Wells Fargo had created as many as two million bogus bank and
Health Insurers Fire Volley In New Battle Over The Public Option
When Senate Democrats announced a new push for a public option in Obamacare last week, the private insurance industry swung into action. And it did so quickly. On Friday, the industry’s main trade group sent out an “action alert” to members, asking them to call Senate offices and offering a
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