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Top US Senate Democrat Schumer: US needs strong, bipartisan legislation on banking

2023.03.15 15:00


© Reuters. FILE PHOTO: Senate Majority Leader Chuck Schumer (D-NY) arrives to a news conference to discuss President Biden’s budget on Capitol Hill in Washington, U.S., March 9, 2023. REUTERS/Mary F. Calvert

WASHINGTON (Reuters) – The United States needs “strong legislation” on banking regulation, Senate Majority Leader Chuck Schumer said on Wednesday, “hopefully” something bipartisan.

He added in comments to reporters that he has faith in Treasury Secretary Janet Yellen, the U.S. Federal Reserve and President Joe Biden.

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