Tag: Protecting Consumers, Taxpayers, and the Economy

Merkley Pushes Back on Regulators’ Weakening of Volcker Rule

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,

Merkley Statement on House Passage of Bank Deregulation Bill

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

Merkley Applauds Senate Vote to Restore Net Neutrality

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

Senators Request Investigation of Mulvaney for Potential Hatch Act Violations

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

Wyden, Merkley Introduce Robocop Act

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

Dems slam FCC head for proposed limits to low-income internet program

A group of Democratic senators slammed the head of the Federal Communications Commission (FCC) on Thursday over his proposal to cut down on a program that helps make broadband and phone service more affordable for low-income households. The senators’ letter targets a proposal introduced by FCC Chairman Ajit Pai in November that

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