Tag: Jobs and the Economy

Merkley Slams Trump Plan to Gut Wall Street Oversight

WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement in response to President Trump’s plan to gut Wall Street oversight by rolling back key pieces of the reforms that were put in place following the 2008 financial crisis: “Eight years ago, following a decade of predatory home-lending and

Baldwin, Stabenow, Warren, Merkley and Markey Introduce Legislation to Withdraw from TPP

WASHINGTON, D.C. – U.S. Senators Tammy Baldwin (D-WI), Debbie Stabenow (D-MI), Elizabeth Warren (D-MA), Jeff Merkley (D-OR) and Ed Markey (D-MA) introduced legislation to require the President to withdraw from the Trans-Pacific Partnership (TPP). President-elect Donald Trump has pledged to withdraw from TPP on “Day One” of his presidency. This legislation

Wyden, Merkley Introduce Bill to Support Oregon’s Dungeness Crab Fishing Industry

Washington, D.C. – Oregon’s U.S. Senators Ron Wyden and Jeff Merkley introduced legislation this week to continue a decades-long fishery management agreement that has been vital to Oregon’s Dungeness crab fishing industry. The bipartisan bill would help ensure certainty for the industry and coastal communities by making permanent a tri-state state

Merkley Celebrates Launch of Job-Creating Water Infrastructure Program

WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley today celebrated the official launch of his Water Infrastructure Finance and Innovation Act (WIFIA), which will make low-cost loans available to communities across the country to invest in repairing and upgrading crumbling water infrastructure. The Environmental Protection Agency (EPA) today announced that Congress’s

BROWN, MERKLEY PUSH BACK ON OCC’S PLAN FOR FINANCIAL TECHNOLOGY CHARTER

WASHINGTON, D.C. – U.S. Sens. Sherrod Brown (D-OH) and Jeff Merkley (D-OR) today expressed concerns that a new federal charter for financial technology firms could weaken consumer protections, limit competition, and threaten financial stability. The Senators outlined their concerns in a letter to the head of the Office of the

Senate Democrats Press Wells Fargo Board For Answers on Sales Practices

Democrats on the Senate Banking Committee demanded Wells Fargo & Co.’s board respond to questions the bank has yet to answer related to its sales practices scandal, according to a letter reviewed by The Wall Street Journal. The senators asked the board for more information about its continuing independent investigation of the

Senate Dems: Were You Hurt By ‘Foreclosure King’ Steve Mnuchin?

Senate Democrats are dubbing President-elect Donald Trump’s pick for Secretary of Treasury Steven Mnuchin the “Foreclosure King” on a new website they’ve set up to solicit public complaints from people allegedly hurt by Mnuchin’s past work in financial services. Mnuchin– the former chief executive officer and chairman of OneWest Bank– was accused

Led by Merkley, Warren and Sanders, Senate Democrats Roll Out New Website Inviting Personal Stories from Americans Hurt by Foreclosure King Steve Mnuchin

WASHINGTON, D.C. – Today, U.S. Senators Jeff Merkley (D-OR), Elizabeth Warren (D-MA) and Bernie Sanders (I-VT) announced that Senate Democrats have launched a new website inviting Americans to share their personal stories of being impacted by the foreclosure practices of Donald Trump’s Treasury Secretary nominee, foreclosure king Steve Mnuchin. “Donald

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