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Politics Chuck Schumer

  • WASHINGTON— President Donald Trump's road to getting legislation through Congress this year to restore the nation's crumbling infrastructure appears increasingly precarious. Administration officials have said a plan will be released in the third quarter of this year, but Congress is unlikely to tackle the issue right away. Even if Congress moves on to...

  • Bernie Sanders supporters gather on the second day of the Democratic National Convention on July 26, 2016 in Philadelphia, Pennsylvania.

    Too much focus on income inequality could actually hurt Democrats' chances in the next election, N.Y. Times reports.

  • President Donald Trump at the Trump National Golf Club in Bedminster, New Jersey, on August 8, 2017.

    President Donald Trump will order his top trade adviser to determine whether to investigate Chinese trade practices that force U.S. firms operating in China to turn over intellectual property.

  • WASHINGTON, Aug 12- President Donald Trump on Monday will order his top trade adviser to determine whether to investigate Chinese trade practices that force U.S. firms operating in China to turn over intellectual property, senior administration officials said on Saturday. The move, which could eventually lead to steep tariffs on Chinese goods, comes at a time...

  • Senators Ron Wyden of Oregon and Sherrod Brown of Ohio also urged Trump to rein in China. Tensions between Washington and Beijing have escalated in recent months as Trump has pressed China to cut steel production to ease global oversupply and rein in North Korea's missile program. It is unclear whether such a probe would result in trade sanctions against China,...

  • President Donald Trump to stand up to China as he prepares to launch an inquiry into Beijing's intellectual property and trade practices in coming days. Senators Ron Wyden of Oregon and Sherrod Brown of Ohio also urged Trump to rein in China. Tensions between Washington and Beijing have escalated in recent months as Trump has pressed China to cut steel...

  • President Donald Trump (L) and China's President Xi Jinping shake hands while walking at Mar-a-Lago estate after a bilateral meeting in Palm Beach, Florida, April 7, 2017.

    The European Union, Japan, Germany and Canada have all expressed concern over China's behavior on intellectual property theft.

  • Senators Ron Wyden of Oregon and Sherrod Brown of Ohio also urged Trump to rein in China. Tensions between Washington and Beijing have escalated in recent months as Trump has pressed China to cut steel production to ease global oversupply and rein in North Korea's missile program. It is unclear whether such a probe would result in trade sanctions against China,...

  • Senate Democratic leader Chuck Schumer encouraged the Republican president to skip the investigation and go straight to action against China. Senators Ron Wyden of Oregon and Sherrod Brown of Ohio also urged Trump to rein in China. Trump has frequently attacked China over steel imports and technology and pressured Beijing to do more to rein in North Korea's...

  • The Catalyst Paper Mill in Rumford town in Maine, United States on July 26, 2017.

    Democrats look to reboot economic policy ahead of midterm elections by proposing tax penalties on firms that outsource jobs abroad among other measures.

  • Scott Garrett, a former Republican congressman from New Jersey who was one of the EXIM Bank's leading opponents during a 2015 fight in Congress to shut it down, "refused to confirm that he would unequivocally support reauthorizing the bank," Senate Democratic leader Chuck Schumer and seven other senators said in a statement after meeting with Garrett.

  • As Republicans in Washington try to refocus on taxes after the collapse of their failed drive to repeal Obamacare, Trump sent a morning tweet that said: "Corporations have NEVER made as much money as they are making now." The largest U.S. public companies have seen profits accelerate in 2017, with quarterly earnings rising at a double-digit pace compared with a...

  • WASHINGTON, Aug 1- U.S. Senate Majority Leader Mitch McConnell on Tuesday said the debate over raising the country's debt ceiling could stretch into September and he sought bipartisan support for the legislation to prevent a government default. "To ensure that we have robust economic growth and promote fiscal discipline, the Trump administration believes...

  • The Trump tweet "takes the edge of urgency off the plea to reduce the burden on corporations," said William Galston, a senior fellow at the Brookings Institution think tank. Senate Republican leader Mitch McConnell said on Tuesday that Congress would take up tax reform after the U.S. Labor Day holiday on Sept. 4, beginning in the House of Representatives.

  • WASHINGTON, Aug 1- U.S. Senate Majority Leader Mitch McConnell on Tuesday said he is still trying to figure out how to pass legislation to raise the federal government's borrowing authority following a meeting with Treasury Secretary Steven Mnuchin and Senate Democratic leader Chuck Schumer. "We are looking for a way forward" to pass a debt limit increase "...

  • "This is a weird way to launch their proposal to cut corporate taxes," said Democratic Senator Brian Schatz of Hawaii, in a tweet of his own responding to Trump. The Trump tweet "takes the edge of urgency off the plea to reduce the burden on corporations," said William Galston, a senior fellow at the Brookings Institution think tank. Congress is working on tax...

  • WASHINGTON, Aug 1- The top Democrat in the U.S. Senate called on President Donald Trump on Tuesday to block some Chinese investments in the United States to pressure China "to help rein in North Koreas threatening and destabilizing behavior." Trump has repeatedly urged China to rein in its ally North Korea, and Schumer agreed. "It is my assessment that China will not...

  • Senate Minority Leader Chuck Schumer

    U.S. Senate Democrats offered to work with Republicans on a bipartisan tax reform package but only if it does not cut taxes for the wealthy, add to the deficit or allow Republicans to enact legislation on their own.

  • But it adds to growing signs of interest in bipartisan cooperation since the collapse of Republican healthcare legislation in the Senate last week. In an Aug 1 letter to President Donald Trump and Republican leaders in the Senate, 45 lawmakers led by Senate Democratic leader Chuck Schumer said a bipartisan effort would raise wages for workers, grow jobs,...

  • WASHINGTON, July 31- Congressional Republicans and the Trump administration face a challenge reducing the U.S. corporate income tax rate to 25 percent, let alone to the 15 percent rate sought by President Donald Trump, the Senate's top tax law writer said on Monday. Senate Finance Committee Chairman Orrin Hatch, in an interview with Reuters, said that getting the...