Charles Schumer

Charles Schumer (2017)

Charles Ellis "Chuck" Schumer (* 23. November 1950 in Brooklyn ) is an American politician of the Democratic Party and the duty older of the two US senators of the state of New York . He was elected on November 16, 2016 to the faction leader of the Democrats in the US Senate ( "Senate minority leader" ) and took up this office on January 3, 2017.

education

Schumer was born in 1950 to a Jewish family. His parents are Selma Rosen and Abraham Schumer. He attended school in Brooklyn and graduated from James Madison High School in 1967 . He then studied at Harvard College , where he became interested in politics, and then went to Harvard Law School .

Political career

Schumer at a speech in December 2011

After studying law , Schumer went into politics. In 1974 Schumer was elected the youngest member of the New York State Assembly , and in 1980 he was elected to the United States House of Representatives . Schumer has been a Senator for New York State since 1999. In his first election to the Senate in 1998, he won a victory against the Republican incumbent Al D'Amato , who had previously served in the Senate for 18 years; previously he had prevailed in the primary of his party against the former vice-presidential candidate Geraldine Ferraro (1935-2011). In 2004 he won by a large majority against the Republican Howard Mills and was thus confirmed in office. He also won the election in November 2010 .

In 2016 he ran against Republican candidate Wendy Long and won that election too. In the Senate he has been chairman of the Joint Economic Committee since 2007 ; from the beginning of 2009 to the beginning of 2015 he was also chairman of the Committee on Rules . From 2005 to 2009, Schumer was chairman of the Democratic Senatorial Campaign Committee , which coordinates the Senate election campaigns of the Democrats. In 2015 and 2016, Schumer was considered one of the leading candidates for the position of leader of the democratic group in the Senate; Harry Reid did not stand for re-election as Senator for Nevada in the November 8, 2016 election .

Deregulation of the financial markets

The New York Times reported on Schumer's role in the banking crisis in December 2008 . Like no other Democrat in Congress, Schumer campaigned for the deregulation of the financial markets, including measures that are said to have contributed to the financial crisis. Schumer protected important market players from regulatory oversight and stricter rules and saved financial institutions from taxes and charges in the billions.

In 1987 Schumer wrote another article against deregulation titled Don't Let Banks Become Casinos :

"Leading the pressures of stiff global financial competition, major American banks are pushing to repeal the Glass-Steagall Act , a law that keeps banks from trading volatile and risky securities. Your pleading should be resisted ... "

As a senator in 1999, Schumer campaigned heavily for the repeal of the second Glass-Steagall Act . He wrote:

"There are many reasons for this law, primarily to ensure the continued competitiveness of US financial institutions."

In the period from 2005 to 2010, some insurance companies and some investment firms were the largest donors to Schumer's campaign before the 2010 Senate election .

Private life

On September 24, 1980, Schumer married Iris Weinshall, with whom he has two daughters. The family lives in Park Slope , Brooklyn. In January 2007, Schumer published the book Positively American .

Works

• Positively American. : Winning Back the Middle-Class Majority One Family at a Time , Rodale Books 2007, ISBN 978-1-594-86572-5 .

Web links

Commons : Charles Schumer  - collection of images, videos and audio files

• US Senator Charles E. Schumer (Official Senate Site)
• Charles Schumer in the Biographical Directory of the United States Congress (English)
• Democratic Senatorial Campaign Committee
• Schumer wants to overturn Trump's entry ban (January 30, 2017)

Individual evidence

1. ^ Democrats shake up Senate leadership
2. ↑ Twitter photo with his parents
3. ↑ Washington Post: Battle of the Mean Machines: Can Schumer Beat D'Amato at His Own Game ?, October 5, 1998
4. ↑ Vivian Yee: Chuck Schumer Wins 4th Term in Senate. November 8, 2016. Retrieved November 9, 2016 . 
5. ↑ Politico: Chuck Schumer in line to succeed Harry Reid , March 27, 2015
6. ↑ A Champion of Wall Street Reaps Benefits
7. ↑ Citing the pressures of rigorous worldwide competition in financial services, large American banks are pleading for the repeal of the Glass – Steagall Act, a law that keeps banks out of the more volatile and risky world of securities transactions. Their entreaties should be resisted ... New York Times, Aug 26, 1987, p. A23.
8. ↑ There are many reasons for this bill, but first and foremost is to ensure that US financial firms remain competitive. New York Times , Nov. 1, 1999, p. 1.
9. ^ Sen. Charles E Schumer at Opensecrets.org
10. ↑ American Positively.com  ( page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.