WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley, along with Banking Committee Ranking Member Sherrod Brown and CFPB architect Elizabeth Warren, today led a group of 40 Senators in standing up for the Consumer Financial Protection Bureau’s (CFPB) independence and power to obtain justice for consumers who have been wronged by
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after the Consumer Financial Protection Bureau (CFPB) announced, on the same day that the CFPB’s new payday lending rules officially go on the books, that the bureau plans to rewrite the rules and will give waivers for lenders that
WASHINGTON, D.C. – As another debt ceiling showdown approaches, Oregon’s Senator Jeff Merkley and Virginia’s Senator Tim Kaine today introduced new legislation aimed at ending Congress’ abuse of the debt ceiling as a political hostage. The Protect our Citizens from Reckless Extortion of our Debt and Irresponsible Tactics (Protect our
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after the Federal Communications Commission (FCC), under the leadership of Chairman Ajit Pai, passed sweeping new rules that would allow internet providers to establish fast and slow lanes; block content; and charge consumers and businesses more for reliable access
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after Federal Communications Commission (FCC) Chair Ajit Pai announced his proposal to dismantle net neutrality rules, paving the way for internet providers to block or slow down websites or charge consumers extra fees for quality internet service. Merkley had
Washington, D.C. — Oregon’s U.S. Senator Jeff Merkley, who previously served as the top Democrat on the Senate Banking Committee’s Financial Institutions and Consumer Protections Subcommittee, released the following statement on the resignation of Consumer Financial Protection Bureau (CFPB) Director Richard Cordray. “Richard Cordray has led the CFPB in the
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley, along with Sens. Jon Tester (D-MT), Tom Udall (D-NM), Richard Blumenthal (D-CT), Kirsten Gillibrand (D-NY), Patrick Leahy (D-VT), Ron Wyden (D-OR), Sheldon Whitehouse (D-RI), Martin Heinrich (D-NM), Dianne Feinstein (D-CA), and Bernie Sanders (I-VT), today pressed the U.S. Department of Agriculture (USDA) to
WASHINGTON, DC – Congresswoman Suzanne Bonamici (D-OR) and Oregon Senators Ron Wyden and Jeff Merkley criticized Secretary of Education Betsy DeVos for her recent decision to delay the “borrower defense” rule that would provide defrauded students with debt relief and hold predatory institutions accountable for cheating students across the country.
WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley released the following statement after the House of Representatives passed the “Choice Act” today: “I know that the summer is the time for sequels, but the American people have already been through the Great Recession; they don’t need a Great Recession 2. If
Washington, D.C. – Oregon’s U.S. Sens. Ron Wyden and Jeff Merkley joined their colleagues this week in reintroducing the Bank on Students Emergency Loan Refinancing Act. The legislation introduced in the Senate and House would allow those with outstanding student loan debt to refinance at the interest rates offered to
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