Tag: Protecting Consumers, Taxpayers, and the Economy

WASHINGTON, DC – Oregon’s Senator Jeff Merkley joined Senators Doug Jones (D-AL) and Tom Cotton (R-AR) today to announce the introduction of the bipartisan Unsolicited Loan Act, legislation that would mirror an existing ban on mailing ‘live’ credit cards by halting the predatory practice of mailing ‘live’ checks that are actually

Washington, DC – Today, U.S. Rep. Bill Foster (D-IL) and U.S. Sen. Jeff Merkley introduced the Investor Choice Act, which would prohibit pre-dispute mandatory (or “forced”) arbitration agreements and ban prohibitions on class action lawsuits in customer contracts that investors often must enter into in order to receive services from broker-dealers

Washington, D.C. –U.S. Senators Ron Wyden and Jeff Merkley today called out the Trump administration’s promotion of junk health care plans on HealthCare.gov.  In a letter to the Centers for Medicare and Medicaid Services (CMS) and the Inspector General for the Department of Health and Human Services (HHS), the Oregon

WASHINGTON, DC – Senators Jeff Merkley (D-OR), Sherrod Brown (D-OH), Ranking Member of the Senate Banking Committee, Jack Reed (D-RI), Ranking Member of the Senate Armed Services Committee, and Chris Van Hollen (D-MD), today introduced legislation that extends the protections of the Military Lending Act (MLA), which caps the interest

WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley, who co-authored the Volcker Rule along with former Sen. Carl Levin (D-MI), today strongly urged federal financial regulators to reject a proposed rewrite of the landmark financial reform provision that would place gaping loopholes into the rule’s protections. “Your agencies have been charged

WASHINGTON, D.C. – As Labor Day approaches, Oregon’s Senator Jeff Merkley today announced that he will be introducing new legislation to make sure workers get a fair share of the profits they create by taking on massive pay disparities between CEOs and workers. The Fair Share for Workers Act would

WASHINGTON, D.C. – Oregon’s Senator Jeff Merkley, who co-authored the Volcker Rule with former Senator Carl Levin (D-MI), released the following statement after the Federal Deposit Insurance Corporation (FDIC) voted to pass a new rulemaking designed to gut the Volcker Rule, with other Trump Administration financial regulators expected to follow

Washington, D.C. – U.S. Sens. Ron Wyden and Jeff Merkley this week reintroduced legislation that would stop states with a sales tax from creating red tape for small businesses as a result of last year’s Supreme Court ruling in South Dakota v. Wayfair, Inc. “Small businesses in Oregon have been