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Chuck Schumer

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  • Congress, Not the Fed, Needs to 'Get to Work' Tuesday, 17 Jul 2012 | 11:59 AM ET
    Sen. Chuch Schumer

    To hear a member of Congress blame the Fed for not doing enough would be laughable if we weren’t living with the consequences.

  • U.S. Federal Reserve Board Chairman Ben Bernanke arrives to testify at the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill.

    With Congress in gridlock, Sen. Schumer essentially pleaded with Fed Chairman Bernanke to do something about the economy. "So get to work, Mister Chairman," Schumer said.

  • Rich Tax Exiles Labeled 'Heroes' and 'Tax Dodgers' Thursday, 24 May 2012 | 4:53 PM ET
    Sen. Chuch Schumer

    Sen. Chuck Schumer's disapproval of Eduardo Saverin's move to Singapore has led several commentators and pundits to praise Saverin for taking a stand against the U.S. tax code.

  • Banks Turn to Schumer on Patents Wednesday, 15 Jun 2011 | 10:00 AM ET
    Sen. Chuch Schumer

    For years, big banks have paid hundreds of millions of dollars to a tiny Texas company to use a patented system for processing digital copies of checks, making Claudio Ballard, the inventor of the system, a wealthy man and the bank industry’s biggest patent foe. Getting fed up, the banks turned to their best friend in Congress. The New York Times reports.