Chuck Schumer

The crisis of prescription drug abuse is shocking.

The only way we are going to get after this is if we can identify patients who are doctor shopping.

The Commission cannot sit idly by, as it were, and say that nature is taking its course when the government has such a central intrinsic role of deciding what competition is in this industry.

If the Commission truly believes that greater concentration, in this case, in the wireless industry serves the interest of the American public, it is free to make that choice.

But if we take these actions, we owe it to the public to explain that we are changing the communications policy of the United States from a policy of competition and back toward something along the lines of regulated monopoly or regulated…

What is at issue is the future of disruptive innovation.

Since that tragic day, we have learned a great deal about what led to the crash.

However, much work remains to be done to fully implement the law.

I would like to thank Chairman Cantwell and Ranking Member Thune for holding this important hearing on commercial airline safety oversight.

First, let me compliment my colleague from Louisiana for her diligence, her hard work. I don't think anybody effectively delivers more for her State in this Chamber than the Senator from Louisiana. I can assure you, knowing her, now that…

Senators Schumer and Toomey have introduced S. 1933, the Reopening American Capital Markets to Emerging Growth Companies Act.

I strongly support Senator Schumer and Senator Toomey in the effort to create an on-ramping for public market for emerging companies like mine.

The House package, for instance, borrows from a bill proposed by Senator Toomey and myself that would provide a transition period for emerging-growth companies to make it easier for these companies to go public.

It is the fourth time in recent months that this Committee or one of our Subcommittees has considered the issue of capital formation and the legislative proposals being discussed here today.

We are glad to see the House endorsing a few of our ideas.

If the House package looks familiar, it is because it includes several proposals already advancing in the Senate.

We learned that the hard way.

Thank you, Mr. Chairman. I appreciate it.

At this time when you have said the economy is moving forward but at a slow pace, taking away infrastructure money might hurt the economy, adding infrastructure money would certainly help the economy.

Do you think money market funds play a useful role, though, in the economy and we should try to keep them going?

But I have heard from some investors and from some funds that, given the low margin that money market funds pay, it would just end the business more or less.

In my State, I imagine in some others--certainly in Senator Menendez's, Senator Kerry's, Senator Cantwell's States--there are a lot of people who make above $250,000 who are not rich.

I think to let them wait means a lot of things will not happen.

We have to have this debate. We are not going to be able to delay these choices indefinitely.

There is a different political climate as well.