Jeff Merkley
WASHINGTON, DC - MAY 22: Senate Banking, Housing and Urban Affairs Committee members Sen. Jeff Merkley (D-OR) and Sen. Mark Warner (D-VA) talk during a committee hearing about derivatives reform in the Dirksen Senate Office Building on Capitol Hill May 22, 2012 in Washington, DC. The committee questioned the regulators about 'reducing systemic risk and improving market oversight' in the wake of the Dodd-Frank Act.
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Around the web
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GUEST COLUMN: Why Michigan needs us to close the JPMorgan loophole
You've probably seen the recent news coverage of losses at the nation's largest bank, JPMorgan Chase, and you may have seen some of the resulting coverage about bank regulations and something called the "Volcker Rule." I want to give you my sense of why from Milan News Read more »
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Less money for Oregon guard to look for marijuana
Sen. Jeff Merkley says a proposed budget cut would surrender national forests to illegal marijuana growers. He recently wrote a letter in opposition to the Obama administration's proposed two-thirds cut in the National Guard Counterdrug Program. It pays from Corvallis Gazette-Times Read more »
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Obama and Dimon, Romney and Bain: Let's Call the Whole Thing Off
In this election, no one's really going to win the game of who's tougher on Wall Street. As Sen. Jeff Merkley, D-Ore., co-author of the Volcker Rule, told me for that story: "For two years Wall Street has had hundreds of lawyers working full time to get from National Journal Read more »
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Levin and Merkley Hope Fail Whale Trade Will Force Loopholes Out of Volcker Rule
Volcker rule co-authors Jeff Merkley and Carl Levin think that the JPMorgan Chase “Fail Whale” trade offers an opportunity to get the regulatory apparatus back on point with their vision of the rule, one that they say should be stronger in barring the ty from Firedoglake Read more »
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One Last Chance To Get Wall Street Reform Right
Brian Beutler May 18, 2012, 5:13 AM If you want to take it past the Volcker Rule you need to ask the question, Should we take the banks out of the market making business? Should we eliminate their ability to do any risk mitigation at all, so that it’s cl from Talking Points Memo Read more »