International Business News - Schumer http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Sen. Charles Schumer said Monday he is giving up his job running the Senate Democrats' national campaign efforts after two successful elections. "We've had a great run," said Schumer, chairman of the Democratic Senatorial Campaign Committee since the 2006 campaign, when he helped engineer a 6-seat gain that gave his party a slim 1-vote majority margin. http://www.ibtimes.com/articles/20081124/nys-schumer-leaving-senate-election-role.htm Mon, 24 Nov 2008 16:57:35 EST New York Sen. Charles Schumer says that before banks get more government help, they need to accept more limits on what they can do with the money. Schumer--a member of Senate Democratic leadership with close ties to Wall Street--is urging Treasury Secretary Paulson to impose new rules for banks that stand to receive large amounts of taxpayer dollars through a new government effort to directly buy stock in banks. http://www.ibtimes.com/articles/20081013/nys-schumer-wants-strings-on-new-bailout-plan.htm Mon, 13 Oct 2008 17:24:50 EDT A New York Senator on Wednesday said the U.S. should follow the British government's lead and start buying sizable pieces of banks in a more drastic effort to try to contain the global financial crisis. http://www.ibtimes.com/articles/20081008/schumer-us-should-follow-uks-lead-on-bank-stock.htm Wed, 08 Oct 2008 14:50:09 EDT Sen. Charles Schumer says particular attention needs to be paid during the current financial upheaval to make sure the student loan market is protected from the credit crunch. http://www.ibtimes.com/articles/20081006/schumer-wants-student-loan-market-to-be-protected.htm Mon, 06 Oct 2008 15:40:56 EDT Congress has passed legislation offered by Democratic Sen. Charles Schumer--with Republican presidential candidate John McCain--seeking to keep sex offenders off Internet social networking sites. http://www.ibtimes.com/articles/20081001/schumer-mccain-bill-targets-online-predators.htm Wed, 01 Oct 2008 12:18:34 EDT Sen. Charles Schumer urged Congress Thursday to offer a financial lifeline to those banks that are willing to renegotiate mortgages for those on the brink of losing their homes. http://www.ibtimes.com/articles/20080918/schumer-says-banks-deserve-lifeline-from-congress.htm Thu, 18 Sep 2008 21:55:00 EDT Sen. Charles Schumer plans to offer a broad economic proposal for the government to offer a financial lifeline to those banks that are willing to renegotiate mortgages for those on the brink of losing their homes. http://www.ibtimes.com/articles/20080918/new-york-sen-schumer-to-offer-banks-a-deal.htm Thu, 18 Sep 2008 14:55:02 EDT Sen. Charles Schumer on Sunday defended himself against claims by regulators that he was partially to blame for a run on IndyMac Bancorp Inc. that led to the bank's takeover by the government Friday. http://www.ibtimes.com/data/articleimgs/90695-indymac.jpg http://www.ibtimes.com/articles/20080713/sen-schumer-defends-comments-on-indymac-collapse.htm http://www.ibtimes.com/articles/20080713/sen-schumer-defends-comments-on-indymac-collapse.htm Sun, 13 Jul 2008 22:29:44 EDT IndyMac Bancorp Inc. said it is working with regulators to "further improve" its safety and soundness after a senator's letter last week raised concerns that the bank could collapse. http://www.ibtimes.com/articles/20080701/indymac-reassures-customers-after-schumer-letter.htm Tue, 01 Jul 2008 16:54:23 EDT The possible collapse of big mortgage lender IndyMac Bancorp Inc. poses significant financial risks to its borrowers and depositors, and regulators may not be ready to intervene to protect them, Sen. Charles Schumer, D-N.Y., said Thursday. http://www.ibtimes.com/articles/20080626/schumer-concerned-over-indymac-stability.htm Thu, 26 Jun 2008 19:48:49 EDT Newly released documents show New York Sen. Charles Schumer made almost $100,000 in royalties last year from his book, "Positively American." The senator's financial disclosure forms made public Friday show he received $94,000 from Rodale Publishing for the book, a tome intended to guide Democrats to greater electoral success by connecting with middle-class voters. http://www.ibtimes.com/articles/20080613/ny-senator-made-almost-100-000-from-book.htm Fri, 13 Jun 2008 14:41:13 EDT Sen. Charles Schumer is calling on a power company to invest some of the nearly $3 billion it expects to reap from the sale of a Queens power plant into repowering an aging plant on eastern Long Island. http://www.ibtimes.com/articles/20080528/senator-wants-utlility-to-invest-in-ny-power-plant.htm Wed, 28 May 2008 15:23:09 EDT Sen. Charles Schumer on Monday called for the Port Authority of New York and New Jersey to take over the stalled Pennsylvania Station redevelopment, saying it could help spur a building boom on Manhattan's West Side. http://www.ibtimes.com/articles/20080512/sen-schumer-urges-development-of-nycs-west-side.htm Mon, 12 May 2008 16:22:57 EDT