It's no secret

Senator Jeff Merkley
2015-02-06 19:06:57
Click here to open a plain text version of this email <outreach.senate.gov/iqextranet/view_newsletter_setup.aspx _text=Y&link=quorum_merkley-iq%2501226772%2501200310%2b-%2b02-06-2015%2b eNewsletter%250117263.52474614.16416986.7791867%2501merkley%2540unityfee d.com%2501Unity%2501Unity%2bFeed%250190210%2501> <outreach.senate.gov/iqextranet/Customers/quorum_merkley-iq/eNew letter_Masthead.jpg> <merkley.senate.gov/email/images/spacer.gif> Standing up for Consumer Protection It's no secret that a lot of big financial institutions built their business models last decade on gambling in the Wall Street casino and exploiting their customers. The Dodd Frank Act was designed to put an end to all that and put banks back in the business of working for Main Street, not the other way around. But since the law passed there's been a constant effort to chip away at its reforms and protections, and those efforts are kicking into overdrive following the 2014 elections. Jeff was recently named the top Democrat on the Financial Institutions and Consumer Protection Subcommittee of the Senate Banking Committee - putting him in a powerful position <outreach.senate.gov/iqextranet/iqClickTrk.aspx ley-iq&crop=17263.52474614.16416986.7791867&redirect=http%3a%2f%2fwww.me rkley.senate.gov%2fnews%2fpress-releases%2fmerkley-becomes-top-democrat- on-consumer-protection-subcommittee> to fight against Wall Street's efforts to return to the dangerous practices that torched the economy and stripped wealth from so many working families. From this new position, Jeff will be at the center of battles to stand up for working families, push back on the big banks, and protect essential consumer reforms. And he'll be leading the charge to protect the Consumer Financial Protection Bureau - which has already returned more than $4.6 billion to consumers in its first three-and-a-half years - keeping more money in the pockets of middle class families. Sounding the Alarm on Dangerous E-Cigarette Findings Jeff has been leading the charge against the unregulated electronic cigarette industry that's targeting our kids with insidious flavors of liquid nicotine like "Chocolate Treat" and "Peachy Keen." So when a Portland State University study last week found that e-cigarette "vaping" could expose users to startling amounts of the dangerous chemical formaldehyde - 5 to 15 times the exposure from traditional cigarettes! - Jeff got to work. Leading a group of five Senators, Jeff quickly brought these alarming findings <outreach.senate.gov/iqextranet/iqClickTrk.aspx ley-iq&crop=17263.52474614.16416986.7791867&redirect=http%3a%2f%2fwww.me rkley.senate.gov%2fnews%2fpress-releases%2fmerkley-leads-senate-group-ur ging-fda-to-regulate-electronic-cigarettes> to the attention of the Food and Drug Administration (FDA) and urged the agency to act with urgency to issue long-overdue regulations for e-cigarettes and other tobacco products, including tobacco candy. Formaldehyde is a known carcinogen and, with the number of high schoolers using e-cigarettes having tripled since 2011, it's urgent that we act now to protect the health of our kids. A Budget that Works for our Middle Class - and for Oregon This week, the President released his 2016 budget blueprint for the federal government. A budget is a statement of priorities, and Jeff was glad to see the President prioritize the strong investments in education and infrastructure that are necessary to grow and strengthen our middle class. This year's budget also contained good news for Oregon with the inclusion of two very important items: a badly-needed five year extension of Secure Rural Schools payments to Oregon's timber communities, and common-sense reforms to how we fund fighting wildfires. Right now, we under-budget for firefighting and make up the difference during emergencies by shifting money from wildfire prevention. This creates a vicious cycle, robbing wildfire prevention to pay for wildfires that are already burning, which then leads to worse fires the next year. That's why Jeff has pushed for bipartisan reforms that would stop shortchanging prevention funds and start treating the biggest wildfires like any other natural disaster - which is exactly what they are. Read more in the Bend Bulletin: "President's 2016 Budget Would Reinstate Timber Payments" <outreach.senate.gov/iqextranet/iqClickTrk.aspx ley-iq&crop=17263.52474614.16416986.7791867&redirect=http%3a%2f%2fwww.me rkley.senate.gov%2fnews%2fin-the-news%2fpresidents-2016-budget-would-rei nstate-timber-payments> This email was sent to xxx Visit merkley.senate.gov <outreach.senate.gov/iqextranet/iqClickTrk.aspx ley-iq&crop=17263.52474614.16416986.7791867&redirect=http%3a%2f%2fmerkle y.senate.gov%2f> | Contact Jeff <outreach.senate.gov/iqextranet/iqClickTrk.aspx ley-iq&crop=17263.52474614.16416986.7791867&redirect=http%3a%2f%2fwww.me rkley.senate.gov%2fcontact%2f> | Unsubscribe <outreach.senate.gov/iqextranet/EsurveyForm.aspx rkley-iq&__sid=100011&__crop=17263.52474614.16416986.7791867> Please note that any reply to this email address will be sent to an unmonitored email address.
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Standing up for Consumer Protection

It's no secret that a lot of big financial institutions built their business models last decade on gambling in the Wall Street casino and exploiting their customers. The Dodd Frank Act was designed to put an end to all that and put banks back in the business of working for Main Street, not the other way around.  But since the law passed there's been a constant effort to chip away at its reforms and protections, and those efforts are kicking into overdrive following the 2014 elections.

Jeff was recently named the top Democrat on the Financial Institutions and Consumer Protection Subcommittee of the Senate Banking Committee – putting him in a powerful position to fight against Wall Street's efforts to return to the dangerous practices that torched the economy and stripped wealth from so many working families.

From this new position, Jeff will be at the center of battles to stand up for working families, push back on the big banks, and protect essential consumer reforms. And he'll be leading the charge to protect the Consumer Financial Protection Bureau – which has already returned more than $4.6 billion to consumers in its first three-and-a-half years – keeping more money in the pockets of middle class families.

Sounding the Alarm on Dangerous E-Cigarette Findings

Jeff has been leading the charge against the unregulated electronic cigarette industry that's targeting our kids with insidious flavors of liquid nicotine like "Chocolate Treat" and "Peachy Keen." So when a Portland State University study last week found that e-cigarette "vaping" could expose users to startling amounts of the dangerous chemical formaldehyde – 5 to 15 times the exposure from traditional cigarettes! – Jeff got to work.

Leading a group of five Senators, Jeff quickly brought these alarming findings to the attention of the Food and Drug Administration (FDA) and urged the agency to act with urgency to issue long-overdue regulations for e-cigarettes and other tobacco products, including tobacco candy.

Formaldehyde is a known carcinogen and, with the number of high schoolers using e-cigarettes having tripled since 2011, it's urgent that we act now to protect the health of our kids.

A Budget that Works for our Middle Class - and for Oregon

This week, the President released his 2016 budget blueprint for the federal government. A budget is a statement of priorities, and Jeff was glad to see the President prioritize the strong investments in education and infrastructure that are necessary to grow and strengthen our middle class.

This year's budget also contained good news for Oregon with the inclusion of two very important items: a badly-needed five year extension of Secure Rural Schools payments to Oregon's timber communities, and common-sense reforms to how we fund fighting wildfires. Right now, we under-budget for firefighting and make up the difference during emergencies by shifting money from wildfire prevention. This creates a vicious cycle, robbing wildfire prevention to pay for wildfires that are already burning, which then leads to worse fires the next year. That's why Jeff has pushed for bipartisan reforms that would stop shortchanging prevention funds and start treating the biggest wildfires like any other natural disaster – which is exactly what they are.

Read more in the Bend Bulletin: "President's 2016 Budget Would Reinstate Timber Payments"

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