I believe that the Federal Reserve's failure to protect consumers from these outrageous rate increases is unconscionable.
Chuck Schumer: “I believe that the Federal Reserve's failure to protect consumers from these outrageous rate increases is…”
On the recordMay 4, 2009
Source
congress.govEditor's note · Context
Schumer criticizes the Federal Reserve for not protecting consumers from high credit card rates.
Share
More from Chuck Schumer
Oct 9, 2026
I’ve been advocating for years for the federal investment needed for Wolfspeed to scale domestic production of silicon carbide chips, which this $1.5 billion DoD investment would supercharge.
Oct 9, 2026
Today, we reaffirm our commitment to the security of the Israeli people, to the aid and wellbeing of the Palestinian people and the recovery of the devastation in Gaza that the ensuing conflict brought, and to doubling down on efforts for…
Oct 9, 2026
It's time to stand up to Xi for the sake of the American people and for global security.
Oct 6, 2026
Donald Trump is vying to become the most corrupt person to ever walk the face of the earth.





