Chuck Schumer actually said...

"I am pleased that Senator Feinstein has joined with us to draft this critical legislation."

"I am pleased that Senator Reed has introduced legislation to establish this program, and I urge Congress to move forward on the bill."

"The second proposal, as developed by Senators Menendez and Boxer, would allow us to clear the remaining barriers to refinancing for borrowers with GSE-insured loans."

"That is great news. Thank you, and it will avoid Senator Collins and I having to pass legislation, which is good."