Completing the implementation of the Wall Street Reform Act must be, and remains, a top priority for this Committee.
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.
To restore confidence in our financial system after the crisis, we need more, not less, scrutiny of Wall Street's activities.
Have you reviewed the risk committees of other banks with over $10 billion to determine whether they have the necessary expertise?
Right. And I suppose there is some difference. There are some banks that are over $10 billion that are pretty plain vanilla banks and other banks over $10 billion----
At a time when most of America thinks that Congress is in a gridlock, the Committee has been very busy getting things done on the Senate floor.
I fought to have included in Dodd-Frank a provision, Section 165(h), requiring all banks with over $10 billion in assets and all nonbank financial firms supervised by the Fed to have a separate risk committee that includes at least one…
I am so pleased to introduce to the Committee Judge Frank Geraci to serve on the United States District Court.
I hope his nomination by the President will move quickly through this Committee and through the Senate.
Now, the Federal district court in New York State is among the oldest in the Nation...
I am speaking on the majority's time. The PRESIDING OFFICER. On the Bingaman amendment?
No. I am speaking on the McCain amendment. The PRESIDING OFFICER. The senior Senator from New York is recognized. Amendment No. 2146
I am going to speak for a brief moment on the amendment No. 2146 and then on a different issue, which is the reaction of some to the proposal Senator Casey and I made about Eduardo Saverin and others who renounced their citizenship for tax…
I rise today to discuss S. 739, a bill which authorizes the Architect of the Capitol, AOC, at no cost to the Federal government, to create and install electric vehicle recharging stations in Senate parking facilities. This bill likely…
I thank my friend from Kansas for finishing his speech in a timely manner. I come to the floor to talk a little bit about the DISCLOSE Act and Citizens United. For the last 2\1/2\ years, Americans have heard us talk about the need for full…
The last time I checked, the Renminbi is up 31.4 percent against the dollar, so they should go home and declare victory.
Bipartisan support for such a measure initially surfaced when Senators Charles Schumer and Lindsey Graham reached across the ideological and party divide to cosponsor the first Chinese currency bill in 2005.
The currency constituency in the U.S. Senate, led initially by Senators Schumer and Graham in 2005, has been very focused on this ever since.
I liken it to football, if you are a football fan. Imagine if all of a sudden there was 8 times the number of teams but no more referees, and then instead of having seven refs on the field you had one on the field.
I think one of my greatest regrets in the Dodd-Frank bill is we had a proposal...
Even if you think capital requirements are the major protection here to provide the cushion, maybe because you cannot regulate every single little trade, that transparency--that does not gainsay the need for transparency.





