Chuck Schumer
The Public Record
Chuck Schumer is an American politician serving as the senior United States senator from New York since 1999. A member of the Democratic Party, he has held the position of Senate Majority Leader since January 2021, making him one of the most prominent figures in the U.S. Senate. Schumer previously served in the U.S. House of Representatives from 1981 to 1999, representing New York's 9th congressional district. Throughout his career, he has focused on issues such as healthcare, infrastructure, and economic development, often advocating for policies that benefit working families and promote social justice.
The SEC clearly needs more resources, but it is only one of two financial regulators that must go begging to Congress every year for appropriations.
You know, this is just so confounding. You are saying your staff was competent. They have the tools.
You need to increase the bar and make it more expansive, give these guys more tools.
I understand that you are doing everything in your power to put the SEC back on course and I thank you for it.
What do you think of the proposal, all three of you, that I made, which is that the SEC should be able to use the fees that it gets?
Again, you do not have to be Albert Einstein to figure out you ought to get some third-party verification and not accept the potential defrauder at their word.





