Madam President, I rise today to add my voice to my colleagues in remembering and paying our respects to our dear friend and former colleague Senator Carl Levin, whom we sadly lost last night. My colleagues have been sharing their stories and their experiences of this incredible human being, this amazing Senator, and I want to share one of my own, a story of how he made an impact on my life and my approach to being a Senator. It was back in 2009, when we had an enormous collapse of our economic system. I came here as a freshman Senator, and we were working to say what happened and how can we prevent this from happening again. A lot of what happened was enormously leveraged bets made in the Wall Street casino. A staff member of mine kept saying, you have got to read this essay by Chairman Volcker about how we take and shut down this Wall Street casino and how it puts our entire economy at risk and will do so again in the future again if we don't act After two or three times that my team member had approached me on this, I put out an email to all of the Senators and said: Here is the challenge that is presented, and here is what we need to do to protect the future economy. Would anyone join me in undertaking to establish this Volcker rule to shut down the Wall Street casino? The next day, I came to the floor of the Senate, and Carl Levin comes up to me. And he says: About your email from yesterday, about your email, I want to join you in that project.…
Share & report
More from Jeff Merkley
Mr. President, I appreciate the Senator's speech in laying this out. I am going to address another aspect of the first 100 days, which is about the phenomenal strategy of President Trump to undermine our Constitution; to undermine the…
Madam President, colleagues, the dream of home ownership is dying, and this is a big deal. Your home is your castle. This is a major source of wealth for middle-class families. And a factor killing the dream of home ownership is private…
Mr. President, here is the question: Do we pursue the 20th century energy vision featuring dirty, expensive fossil fuels, or do we pursue the 21st century energy vision featuring inexpensive and clean, renewable energy? Trump's energy…
Madam President, families lose, and billionaires win. That is the Republican plan. It is a plan that slashes $1.5 to $2 trillion from programs that families depend on. And why? To fund tax cuts for the very richest Americans. But that is…





