WASHINGTON, D.C. – Today, Oregon’s Senator Jeff Merkley reintroduced the American Savings Act, landmark national retirement security legislation. The American Savings Act would give every worker who doesn’t already have access to a retirement savings plan through their employer the ability to save for retirement. The plan would give these
WASHINGTON, D.C. – With the confirmation hearing approaching for President Trump’s nominee to lead the Consumer Financial Protection Bureau (CFPB), Oregon’s Senator Jeff Merkley today pressed Trump’s pick, Kathy Kraninger, about the agency’s ongoing efforts to roll back a rule that protects consumers from predatory payday loans. In June, under
Washington, D.C. – Oregon’s Sens. Ron Wyden and Jeff Merkley today joined their Democratic colleagues in the Senate in urging House Speaker Paul Ryan to schedule a vote on the Senate resolution to overturn the Federal Communications Commission’s (FCC) disastrous decision to repeal the agency’s net neutrality rules. “Without these
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley, a co-author of the Volcker Rule, released the following statement after Trump-appointed regulators announced that they would rewrite implementation of the rule to weaken its restrictions: “Let’s call it like it is: This is a massive giveaway to the biggest banks. Our small,
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after the U.S. House of Representatives passed a deregulatory banking bill that rolls back key provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Senate previously considered and passed the bill in March. “Working Americans have
WASHINGTON, D.C. – Senators Jeff Merkley (D-OR) and Pat Toomey (R-PA) today issued a strong call to Federal Communications Commission (FCC) Chairman Ajit Pai to identify and address fraudulent behavior that has led to potentially two million fake comments being filed under stolen identities on public rulemakings. Though they come
Washington, D.C. – Oregon Sens. Ron Wyden and Jeff Merkley today joined 34 of their colleagues in urging the Consumer Financial Protection Bureau (CFPB) to preserve public access to the Bureau’s Consumer Complaint Database. Last month, Office of Management and Budget Director Mick Mulvaney stated he wanted to shut down the
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after the Senate voted on a bipartisan basis to restore net neutrality, the principle that internet service providers should treat all web traffic equally rather than favoring some traffic over others: “Americans don’t want slow and fast lanes on
WASHINGTON, D.C. – Following Mick Mulvaney’s remarks last week in which he seemed to admit to pay-to-play in Congress and appeared to urge bank lobbyists to increase campaign donations, Oregon’s Senator Jeff Merkley—along with Banking Committee Ranking Member Sherrod Brown (D-OH), Judiciary Committee Ranking Member Dianne Feinstein (D-CA), Budget Committee
Washington, D.C. – Oregon Sens. Ron Wyden and Jeff Merkley have joined Senator Richard Blumenthal (D-CT) to introduce the ROBOCOP (Repeated Objectionable Bothering of Consumers on Phones) Act, a bill that would require phone companies to offer free effective tools to block robocalls. The legislation comes in advance of a hearing
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