Chuck Schumer Net Worth 2021 New release figures

Chuck Schumer net worth

We bring you Chuck Schumer net worth. Read the complete write-up Chuck Schumer net worth 2021, Chuck Schumer net worth Forbes, age, wife, children, assets and liabilities as well as other information you need to know.

Introduction

Chuck Schumer is an American politician serving as Senate Majority Leader since January 20, 2021. A member of the  Democratic Party, Schumer is the senior  United States senator from New York, a seat he has held since 1999. He is the dean of New York’s congressional delegation.

A native of Brooklyn and a graduate of Harvard College and Harvard Law School, Schumer was a three-term member of the New York State Assembly from 1975 to 1980. He served in the United States House of Representatives from 1981 to 1999, first representing New York’s 16th congressional district before being redistricted to the 10th congressional district in 1983 and 9th congressional district ten years later. In 1998, Schumer was elected to the Senate, defeating three-term Republican incumbent Al D’Amato. He was reelected in 2004 with 71% of the vote, in 2010 with 66% of the vote, and in 2016 with 70% of the vote.

Charles Ellis Schumer chaired the Democratic Senatorial Campaign Committee from 2005 to 2009, overseeing 14 Democratic gains in the Senate in the 2006 and 2008 elections. He was the third-ranking Democrat in the Senate, behind Senate Majority Leader Harry Reid and Majority Whip Dick Durbin. He served as Vice Chair of the Democratic Caucus in the Senate from 2007 to 2017 and chaired the Senate Democratic Policy Committee from 2011 to 2017. Schumer won his fourth term in the Senate in 2016 and was then unanimously elected Democratic leader to succeed Harry Reid, who was retiring. In January 2021, Schumer became Senate Majority Leader, and the first Jewish leader of either chamber of Congress.

Early life

Charles Ellis Schumer was born on November 23, 1950(age 70 years) in Midwood, Brooklyn, the son of Selma and Abraham Schumer. His father ran an exterminating business, and his mother was a homemaker. He and his family are Jewish, and he is a second cousin, once removed, of actress Amy Schumer. His ancestors originated from the town of Chortkiv, Galicia, in what is now western Ukraine.

Schumer attended Brooklyn public schools, scoring 1600 on the SAT and graduating as the valedictorian of James Madison High School in 1967. He competed for Madison High on the television quiz show It’s Academic. He attended Harvard College, where he originally majored in chemistry  before switching to social studies after volunteering on Eugene McCarthy’s presidential campaign in 1968. After graduating magna cum laude and Phi Beta Kappa in 1971, Schumer attended Harvard Law School, earning his Juris Doctor with honors in 1974. He passed the New York state bar in early 1975, but never practiced law, choosing a career in politics instead.

Early career

In 1974, Schumer ran for and was elected to the New York State Assembly, filling a seat previously held by Schumer’s mentor, Congressman Stephen Solarz. Schumer served three terms, from 1975 to 1981, sitting in the 181st, 182nd and 183rd New York State Legislatures. He has never lost an election.

In 1980, 16th district  Congresswoman  Elizabeth Holtzman won the Democratic nomination for the Senate seat of  Republican Jacob Javits. Schumer ran for Holtzman’s vacated House seat and won. He was reelected eight times from the Brooklyn and Queens-based district, which changed numbers twice in his tenure (it was numbered the 16th from 1981 to 1983, the 10th from 1983 to 1993, and the 9th from 1993). In 1982, as a result of redistricting, Schumer faced a potential matchup with Solarz, but the matchup did not materialize. In preparation, Schumer “set about making friends on Wall Street, tapping the city’s top law firms and securities houses for campaign donations. ‘I told them I looked like I had a very difficult reapportionment fight. If I were to stand a chance of being re-elected, I needed some help,’ he would later tell the Associated Press.”

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Schumer introduced The Religious Freedom Restoration Act (also known as RFRA) on March 11, 1993. As a member of the House Judiciary Committee, Schumer was one of four members of Congress who oversaw the House investigation (leading the Democratic defense of the Clinton administration), of the Waco siege hearings in 1995.

Political position

In 1994, Schumer joined the Anti-Defamation League and the American Jewish Congress in a campaign to get the IRS to revoke the tax-exempt status of the Palestinian-American charity the Holy Land Foundation, which by the time it was shut down in 2001 was the country’s largest Muslim charity.

In June 2010, while speaking at an Orthodox Union event in Washington D.C., Schumer made comments about Israel’s blockade of the Gaza Strip that were later criticized. He pointed to statistics to show that the Palestinian citizens of the West Bank were experiencing “economic prosperity”, crediting this to their government’s cooperation with the Israeli government on combating terrorists. He then criticized the Palestinian citizens of the Gaza Strip for voting for the Hamas militant organization, calling on Israel to “strangle them economically until they see that’s not the way to go”, while also stating that Israel should continue providing “humanitarian aid” to Palestinian civilians. He argued that the Israeli blockade of the Gaza Strip is justified not only because it keeps weapons out of the Palestinian territory, but also because it shows Palestinians living there that “when there’s some moderation and cooperation, they can have an economic advancement.” Schumer added, “The Palestinian people still don’t believe in a Jewish state, in a two-state solution. More do than before, but a majority still do not … They don’t believe in the Torah. They don’t believe in King David. So they don’t think it’s our land”.

Immigration

While discussing an immigration bill on the Senate floor in 2010, Schumer likened Indian tech giant Infosys Technologies to a “chop shop”. When his statement set off a wave of outrage in India, he acknowledged his characterization was incorrect. The remark was also called “outrageous” by U.S.-India Business Council head Ron Somers.

Bicycle safety

Schumer is noted for his love of cycling in New York City, especially around his home in Brooklyn. In 2011, he was reported to have joined a group of neighbors on his street in Park Slope, near Prospect Park. They attempted to remove a new “protected” bicycle path on their street, which ran adjacent to the curb, with a protection buffer provided by parallel-parked cars next to the bike lane. While Schumer has not taken a public position on the traffic-calming project, whose most prominent feature is a two-way protected bike path, his wife, Iris Weinshall, is a prominent advocate against the project, and the New York Post reported that Schumer has lobbied against the bike path behind the scenes. In addition, a major Schumer campaign contributor has fought a controversial pro bono legal battle against the project, drawing criticism.

Wife

Schumer and his wife, Iris Weinshall, were married on September 21, 1980. The ceremony took place at Windows on the World atop the north tower of the World Trade Center. Weinshall was New York City’s commissioner of transportation from 2000 to 2007. Schumer and Weinshall live in a house near Park Slope around the Grand Army Plaza.

The Schumers have two children, Jessica and Alison, both graduates of their father’s alma mater, Harvard College. Jessica, served as chief of staff and general counsel of the Council of Economic Advisers from May 2013 to August 2015. Alison is a marketing manager in Facebook’s New York office. In 2018, Jessica gave birth to a son, making Schumer a grandfather.

Chuck Schumer net worth

How much is Chuck Schumer worth? Chuck Schumer’s net worth is estimated at around $1 million. However, in March 2020, Schumer came under controversy for statements he made about Supreme Court justices Neil Gorsuch and Brett Kavanaugh, both of whom were nominated by Trump. Schumer At a rally outside the United States Capitol while the Supreme Court was hearing an abortion-related case, Schumer said that if Kavanaugh and Gorsuch voted against abortion rights, they would have “unleashed a whirlwind” and would “pay the price”. He then said, “You won’t know what hit you if you go forward with these awful decisions.” Republicans and Democrats, as well as Chief Justice John Roberts, condemned these comments as inciting violence. A spokesman for Schumer said the comments were in reference to the political price Senate Republicans would pay, and criticized Roberts for following a “right-wing” attack to misinterpret the comments. Schumer later apologized for the comments.