Chuck Schumer actually said...

"What Senator Schumer in his bill prescribes, however, is not appropriate, and that is that you create a separate committee to do that."

"I do not have much time, and I cannot stay for a second round."

"Third, it requires boards of directors to receive a majority of the vote in uncontested elections in order to remain on the board."

"First, we require all public companies hold an advisory shareholder vote on executive compensation and obtain shareholder approval for golden parachutes."