Chuck Schumer

Charles Ellis ( "Chuck" ) Schumer ( born November 23, 1950 in Brooklyn ) is an American politician of the Democratic Party and the older of the two service U.S. senators of the State of New York.

Training

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

Political career

According to the jurisprudence exam Schumer went professional in politics. 1974 Schumer was elected as the youngest deputy in the New York State Assembly, 1980 in the House of Representatives of the United States. Schumer since 1999, Senator for the state of New York. In his first election to the Senate in 1998 he had a victory against the Republican incumbent Al D' Amato, who had previously belonged to the Senate 18 years; earlier, he had prevailed in the Primary of his party against the former vice presidential candidate Geraldine Ferraro. In 2004, he won by a large majority to Republican Howard Mills and was thus confirmed in office. In 2010, he applied again to the re-election. In the Senate he has been since 2007 Chairman of the Joint Economic Committee; In early 2009 he also took over the chairmanship of the Committee on Rules. From 2005 to 2009 was Chairman of the Democratic Senatorial Campaign Schumer Committee, which coordinates the Senate election campaigns of the Democrats.

Deregulation of financial markets

The New York Times reported in December 2008 on Schumers role for the banking crisis. Schumer did more than any other Democrat in Congress argued for deregulation of the financial markets, including for measures to have contributed to the financial crisis. Schumer have protected key market actors to supervision and stricter rules and preserves financial institutions in billion before taxes and fees.

1987 Schumer wrote a Do not Let Banks Become Casinos article titled against deregulation:

By leading the pressure of fierce global competition in the financial business, pushing big American banks on the Glass- Steagall Act to take back a law that prevents banks from volatile and risky securities trading. Your supplications should be resisted ...

In 1999, Schumer as Senator massive for the repeal of the Glass- Steagall Act a second. He wrote:

There are many reasons for the law, that, first and foremost it is to ensure the continued competitiveness of U.S. financial institutions.

The insurance industry and investment industry are the largest donors for donations Schumers election campaigns.

Private life

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

Works (selection)

• Positively American, 2007