Gothamist
A non-profit newsroom, powered by WNYC.
Gothamist
Listen Live
News
After Post Criticizes Him, Schumer Writes Op-Ed For Post
By
Jen Chung
Published Apr 16, 2010
Modified Apr 16, 2010
Share
FacebookTwitterRedditEmail
Never miss a story
Email address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .
By
Jen Chung
Published Apr 16, 2010
Modified Apr 16, 2010
Share
FacebookTwitterRedditEmail
We rely on your support to make local news available to all
Make your contribution now and help Gothamist thrive in 2026. Donate today
Gothamist is funded by sponsors and member donations
Senator Charles Schumer has an op-ed in today's Post, explaining the financial reform bill in the Senate. This comes just two day after Post slammed him and other Congressional Democrats in an editorial, "What's the point of having a high muckety-muck like Chuck Schumer sitting in the US Senate if he refuses to fight for New York's best interests? And that goes double for his hapless little poodle, Kirsten Gillibrand. Congress is poised to rip the heart out of New York's economy -- i.e., Wall Street -- while Sens. Schumer and Gillibrand stand by dumb as fence posts."
Schumer, once known as Wall Street's "go-to guy," thanks to his past help saving companies billions in higher taxes and fees , writes today, "I firmly believe that a more strongly and smartly regulated Wall Street will be a healthier Wall Street. As Mayor Bloomberg has rightly pointed out, the financial-services industry is one of New York's most important employers. And the reforms we are proposing will serve to strengthen that," promising, "I will support and work for smart, strong and forward-thinking legislation that will make the financial system stronger and more resilient. But I will work just as hard to prevent vindictive and merely punitive responses that will hurt New York."
A lobbyist told the Washington Post, "Schumer is a bit of an anathema because sometimes he's with us and sometimes he's against us. The reality is the banking industry is easy to demagogue but there are local interests that they need to consider." Well, it's easy to be with someone when they are giving $7.7 million in campaign contributions.
Tagged
charles schumer
editorial
financial reform
post
senator schumer
wall street
Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
Read more
Gothamist is funded by sponsors and member donations
Gothamist is funded by sponsors and member donations
MORE news
Staten Island fire injures 2, but spares historic 'Godfather' church
Dozens of firefighters responded to the blaze, which started in a vacant warehouse. It was contained within three hours.
By
Giulia Heyward
Published Oct 18, 2026 at 10:34 a.m. ET
Bail reform remains major issue in NY governor's race, 7 years after it became law
Repeat offenders are a big talking point in the governor's race.
By
Gino Fanelli
News
Bail reform remains major issue in NY governor's race, 7 years after it became law
Repeat offenders are a big talking point in the governor's race.
By
Gino Fanelli
NYPD searching for 'person of interest' in fatal Midtown subway platform shooting
By
Ryan Kost
and
Elizabeth Kim
Have you seen this Yorkie? NYPD looking for adorable pup dognapped from her Queens home
By
Ryan Kost
Being reigning champions is weird for Knicks fans, but we could get used to this.
By
Catalina Gonella
Never miss a story
Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.
Sign upEmail address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .