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.
Eight years of the Bush Administration's one-sided, laissez-faire, deregulatory ideology have helped cripple our financial system.
I think the leaders in Europe and the United States, Canada, Latin America, they are all interested in this subject.
I have always thought all holding companies should be regulated by one regulator, maybe the Fed, maybe not.
I think we all have an interest in maintaining the independence of the standard setters.
Well, to clarify, my view would be to go back to the investor-paid initially.
How in this international financial world, with a national system of regulation, don't you always flee--doesn't money always flee to the lowest common denominator?
Regulation must strike a delicate balance--providing a sense of safety and security for investors, without snuffing out the flame of entrepreneurial vigor and financial innovation that drives economic growth.
All you need is one significant outlier to throw off the--to toss up the apple cart.
If we miss the moment, we will find ourselves in a deeper hole for a good many years to come.
Today's SEC appears stagnant and behind the times, almost always closing the barn door too late.





