Press Releases

04.16.03

SCHUMER UNVEILS PLAN TO FIGHT MEDICARE CUTS AT WESTERN NY HOSPITALS

In the wake of the harsh blow dealt to New York hospitals by the 1997 Balanced Budget Act (BBA), US Senator Charles E. Schumer today unveiled a plan that seeks to remedy the financial challenges that hospitals in Western New York are facing. "Our hospitals have been on life support for the last three years. This bill will take them out of intensive care and allow them to begin to recover," Schumer said. Although the BBA made important changes to Medicare payment policy and h… Continue Reading

08.08.00

JAMESTOWN SENIORS PAYING STEEP PRICES FOR PRESCRIPTION DRUGS, ACCORDING TO SCHUMER SURVEY

Underscoring the need to expand Medicare to include prescription drug coverage, US Senator Charles E. Schumer today revealed that Jamestown area seniors pay steep prices for prescription drugs and that nationally, the average senior without prescription coverage spends $800 out of pocket each year filling critical prescriptions. Schumer showed what a typical Jamestown senior pays for drugs for heart ailments and other common illnesses, including an average of $1424.79 a year for Prilosec… Continue Reading

08.02.00

SCHUMER EXPECTS FRIARS AND PARK SERVICE TO RESUME NEGOTIATIONS OVER DISPUTED LAND

US Senator Charles E. Schumer today announced that he expects the National Park Service and the Franciscan Friars and Sisters of the Atonement at Graymoor to resume talks over the status of an 18 acre parcel of land near the Appalachian Trail later this month. Previous negotiations reached an impasse last Spring, prompting the Park Service to ask the Department of Justice (DOJ) to begin an eminent domain proceeding against the Friars. Schumer and others have asked the Department of Interi… Continue Reading

08.02.00

SCHUMER UNVEILS PLAN TO FIGHT MEDICARE CUTS AT CENTRAL NY HOSPITALS

In the wake of the harsh blow dealt to New York hospitals by the 1997 Balanced Budget Act (BBA), US Senator Charles E. Schumer today unveiled a plan that seeks to remedy the financial challenges that hospitals in Central New York are facing. "Our hospitals have been on life support for the last three years. This bill will take them out of intensive care and allow them to begin to recover," Schumer said. Although the BBA made important changes to Medicare payment policy and help… Continue Reading

07.31.00

SCHUMER UNVEILS PLAN TO FIGHT MEDICARE CUTS AT CAP REGION HOSPITALS

In the wake of the harsh blow dealt to New York hospitals by the 1997 Balanced Budget Act (BBA), US Senator Charles E. Schumer today unveiled a plan that seeks to remedy the financial challenges that hospitals in the Capital region are facing. "Our hospitals have been on life support for the last three years. This bill will take them out of intensive care and allow them to begin to recover," Schumer said. Although the BBA made important changes to Medicare payment policy and he… Continue Reading

07.26.00

Statement of Senator Charles E. Schumer-Senate Judiciary Committee Hearing on Senator Danforth's Report on the Waco Siege

Mr. Chairman, my theme today is simple: Enough is enough. Senator Danforth I thank you and your staff for your diligent and comprehensive efforts in examining a subject that has long troubled the American people. It is my hope that your report will put to rest any remaining uncertainties that have surrounded the Waco siege. And I hope that when the Final Report is presented to the American people and the Congress, we can put this subject to bed once and for all. Enough is enough. Attorney Gen… Continue Reading

07.13.00

SCHUMER, MCNULTY ANNOUNCE $210,000 GRANT FOR WATERVLIET ARSENAL

U.S. Senator Charles E. Schumer and U.S. Rep. Mike McNulty announced today that the Department of Commerce has awarded the Watervliet Business and Technology Partnership a $210,000 Federal Economic Development Administration grant to develop marketing strategies to attract new businesses to the Watervliet Arsenal industrial park. "The Watervliet Arsenal is a cherished part of Albany's past and an important part of its future," said Schumer. "This grant will he… Continue Reading

06.28.00

SCHUMER: AMENDMENT CLOSING CAMPAIGN FINANCE DISCLOSURE LOOPHOLE IS "FIRST STEP, BUT WE HAVE 1,000 MILES TO GO"

"To the Senator from Arizona as well as the Senator from Wisconsin, kudos on their exemplary leadership on this and the general issue of campaign finance reform, as well as my colleagues from Connecticut, Michigan and Maine who have been such leaders on this. "Mr. President, Chinese proverb says that a trip of 1,000 miles begins with the first step. This is the first step, but we do have 1,000 miles to go. It's the first step and it's a significant one. Until this proposal bec… Continue Reading

06.26.00

SCHUMER SURVEY SHOWS LONG ISLAND GAS PRICES NEAR $1.80 AND UP 48% OVER LAST YEAR

Senator Renews Call On President To Release Strategic Petroleum Reserves to Increase Inventories, Stabilize Prices U.S. crude oil inventories are 40 million barrels below their historic average and are approaching their lowest levels since 1976, Schumer reported adding that OPEC's announced production increase last week is far below what is necessary to replenish oil stocks and stabilize prices. Schumer also released a survey which showed that gasoline prices at Long Island stations have i… Continue Reading

06.07.00

SENATOR SCHUMER REACTION TO MICROSOFT BREAKUP DECISION

"I am perplexed by a ruling that goes immediately to breakup when there are other remedies available. I am concerned about Judge Jackson's decision, not because I believe that Microsoft is completely blameless, but because there are other options that would have far less impact on the company and the economy while still sending a strong signal that anticompetitive behavior will not be tolerated. Microsoft has created an immensely popular product that is affordable and that satisfies con… Continue Reading

05.24.00

Testimony of Senator Charles E. Schumer Hearing on Predatory Lending PracticesHouse Committee on Banking and Finance - May 24, 2000

Thank you Chairman Leach for allowing me the opportunity to testify at this morning's hearing on Mortgage Lending Abuse.There can be no disputing the fact that there has been an enormous rise in the incidences of predatory lending. And this rise has paralleled the explosion of subprime lending in the past ten years, again most notably in our nations's minority and lowincome neighborhoods. Subprime lending has grown from a $20 billion to $150 billion dollar industry between 1993 and 1998.… Continue Reading

05.18.00

JETBLUE OFF TO SOARING START

JetBlue Airway's initial three months in operation were immensely successful, according to Senator Charles E. Schumer (DNY) who obtained flight and performance data, much of which the airline is required to submit to the Department of Transportation (DOT). "JetBlue is off to a blockbuster start that far exceeds even the high expectations that they have set for themselves," said Schumer. "This is tremendous news for Buffalo which is at the heart of JetBlue's operations and… Continue Reading

05.10.00

Schumer Responds to Proposed Regulations on CRA "Sunshine" Provisions

Today, the Department of the Treasury, Federal Reserve , and FDIC released proposed rules on the "Sunshine" provision of the Community Reinvestment Act . US Senator Charles E. Schumer made the following statement regarding the proposed rules: "I am considerably disappointed the proposed rules on CRA's "Sunshine" provision. The rules fall well off the mark of the provision's original intent. If implemented, the proposed rules would hav… Continue Reading

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Senator Chuck Schumer