The Oregon Senator was joined by Sen. Elizabeth Warren and Sen. Robert Menendez in writing to the Securities and Exchange Commission to find out if the bank misled investors or violated whistleblower protections.
The Northwest sent one of the largest delegations to CUNA GAC to message the Credit Union Difference. The group visited with all Northwest Members of Congress and U.S. Senators.
Answering the call to advocacy engagement, Oregon credit union advocates showed the Senator’s staff the impact regulatory burden has on their members’ ability to get the services they need.
Oregon Senators Merkley and Wyden and Representative Blumenauer held a news conference at Rivermark Community Credit Union to call attention to the near impossibility credit unions face banking legal marijuana business. They scored the attention of all major Portland media outlets.
Oregon Senator Jeff Merkley recently met with credit union leaders. He shared his vision to reform Senate practices and discussed examples of how the regulatory burden impacts credit unions and members.
Oregon Senator Jeff Merkley, in a letter to NCUA Chair Debbie Matz, supported credit unions’ concerns with the regulator’s proposed risk-based capital rule. Merkley noted current capital regulation is “a source of strength for their balance sheets.”
The Northwest is well-represented on Congressional committees with significance to credit unions, highlighted by Jeff Merkley’s appointment as chair of the Senate Banking Subcommittee on Economic Policy.
Sen. Jeff Merkley touched on his support for the MBL bill and outlined his plan for rejuvenating the housing market during Thursday morning’s general session at the NWCUA’s Convention.