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Chuck Schumer: Net Worth, Life and Career of the Long Serving US Senator

Chuck Schumer Net Worth

Charles Ellis “Chuck” Schumer is a veteran American politician who currently serves as a senior United States Senator out of New York. Chuck Schumer was elected as a senator for the first time during the 1998 election. Chuck Schumer belongs to the Democratic Party and has been the Senate Minority Leader since 2017. Chuck Schumer was elected as the senator from New York City in 1998 after defeating three time incumbent Al D’Amato. Chuck Schumer won his first re-election bid in 2004 with a 71 percent vote share. Schumer went on to win his second re-election campaign with 66 percent vote share in 2010. He won a successful third re-election with 70 percent of the vote share in 2016. Chuck Schumer also serves as the present day dean of the congressional delegation of New York. Prior to being elected in the Senate, Chuck Schumer was a member of the House of Representatives between 1981 and 1999. In the beginning, Chuck Schumer served as a representative of New York City’s 16th Congressional District. Two years later, Chuck Schumer was moved to the 10th Congressional District in 1983. Chuck Schumer moved to the 9th Congressional district in 1993.  Chuck Schumer successfully obtained an undergraduate degree from Harvard University and went on to attend the Harvard Law School after that. Chuck Schumer also served as a member of the New York State Assembly between 1975 and 1980. As of 2020, Chuck Schumer’s net worth is $900,000.

Between 2005 and 2009, Chuck Schumer served as the chairman of the Democratic Senatorial Campaign Committee. During his time as the chairman, the Democratic Party gained 14 seats in the Senate (during the 2006 and 2008 polls). Chuck Schumer came in third in the list of Democrats in the Senate. Harry Reid (Senate Minority Leader) and Dick Durbin (Minority Whip). Chuck Schumer was also selected as the Democratic Caucus’ vice chairman in 2006. Chuck Schumer was also honoured with the position of chairman to the Senate Democratic Policy Committee in November 2010. After winning his fourth successive Senate term in 2016, Chuck Schumer was also elected as the Minority leader to succeed the retiring Harry Reid.

Chuck Schumer: Net Worth, Life and Career

When was Chuck Schumer born?

Chuck Schumer was born on November 23rd, 1950. His father’s name was Abraham Schumer and his mother’s name was Selma Schumer. Schumer’s ancestors came from a place in what is now Western Ukraine. It is interesting to notice that the Jewish emigration from the Russian Empire to the United States of America happened throughout the 19th century. However, the out-flow of Rusiians to the USA wasn’t really noticed in the early 1880s, which was caused by the pogroms in combination with other very virulent expressions of antisemitism. Due to this, the amount of Jewish people emigrating from the Russian Empire to the USA saw an enormous jump until the 1920s, which was when the United States instituted the National Origins Quota that put severe restrictions on the numbers of people who could come from Eastern Europe as well as various other regions. As for the Jewish people who had already managed to make it to the relative safety of the United States, a lot of them settled in New York City and the local stretch of the East Coast. However, a fair number settled in Texas plus the western states and territories because of what was called the Galveston Movement. Chuck Schumer’s father ran an exterminating business, while Schumer’s mother was a homemaker. 

Where did Chuck Schumer study?

Chuck Schumer was born in Brooklyn, raised in Brooklyn, and went to high school in Brooklyn. Moreover, he was very good when he went to school in Brooklyn, as shown by how he managed to secure a perfect SAT score of 1600. Something that helped him reach Harvard College, which successively, prepared him for studying for his Juris Doctor at the Harvard school of law. With that said, while it’s interesting to notice that Chuck Schumer successfully passed the New York State bar, he never really practised law.

Chuck Schumer: Political Career

Chuck Schumer became fascinated with politics when he was still in college. So strong was his fascination that he chose to forego a career in law and chose a career in politics. As a result, he ran for a seat within the New York State Assembly that had been occupied by his political mentor before he managed to pass the New York state bar. Schumer proceeded to win the seat, thus establishing a pattern of consistent success when it involves his own elections. By 1980, Schumer had managed to enter the U.S. House of Representatives by running for another vacated seat, which was followed up by him being reelected a total of eight times. Eventually, Schumer managed to unseat a Republican incumbent named Al D’Amato in the U.S. Senate in 1998, which is where he has remained ever since.

Since the late 1990s, Schumer has continued to serve in the U.S. Senate. Interested individuals should have no problems finding a full list of the political maneuvering that he has been involved with at various points in his career, but some examples range from the time when he was involved with getting a stalled election reform bill going again in 2002 to the time when he was involved with the Democratic effort to persuade President George W. Bush to instruct his staffers to not take action against a whistleblower named Richard Foster in 2004. Over time, Schumer has risen higher and higher in the Democratic Party, with the result that he became the one to lead Democratic Senators in an unanimous election following Harry Reid’s retirement in 2016. In this, Schumer actually managed to achieve many historical things. He became the first ever person from New York to serve as a Leader of the Senate. Chuck Schumer also became the first ever Jewish person to work as a Leader of the Senate.

What is Chuck Schumer’s Net Worth?

Given Schumer’s career path, it seems probable that most of his current net worth has been built up through his political career. For instance, it is interesting to note that most members of the U.S. House of Representatives and the U.S. Senate make $174,000 on an annual basis in the present time, while the leaders make a higher sum of $193,400 over the same period of time. Besides his political career, Schumer has written a book called Positively American, which was focused on the subject of the way to convince middle-class individuals to cast their votes for the Democratic Party. However, said book wasn’t particularly prominent, so it seems safe to mention that its contribution to Schumer’s net worth was relatively minor in extent. As of 2020, Chuck Schumer’s net worth is $900,000.

Is Chuck Schumer related to Amy Schumer?

Yes, Chuck Schumer and Amy Schumer are second cousins, once removed.

Chuck Schumer: Best Quotes

“I respect people who feel things passionately. I do. But when someone is a judge, that is not what they should bring to the bench. It is not really passion, except in rare instances, that serves the bench well. It is, rather, an ability to understand the law and follow it.”

“In a brave new world, a post-September 11 world, anyone is going to make certain mistakes. The mistakes that have been made on homeland security, on protecting our Nation from another terrorist attack, are mistakes of omission. We are simply not doing enough.”

“Ideological warriors whether from the Left or the Right are bad news for the bench. They tend to make law, not interpret law. And that’s not what any of us should want from our judges.”

“Whether you are a Democrat or Republican, whether you are a liberal or a conservative, we know that neither this President nor prior Presidents of both parties did everything right or we would not have had a 9/11.”

“I believe the war on terror is the vital discussion of this decade and of our generation, probably. To win the war on terror, you need a good offense and a good defense. On defense, I regret to say, basically, this administration has not come close to doing what is necessary.”

“You can set up whatever negotiations or structure you want, but until the Palestinians are willing to accept the fact, as the majority of Israelis do, that there should be two states between the Jordan and the Mediterranean, we won’t have peace.”

“Well, the tough thing for them is that the Republican primary is pretty far over to the right, just as the Democratic primary is further over to the left than the average voter in each party.”

“We are on the precipice of a crisis, a Constitutional crisis. The checks and balances, which have been at the core of this Republic, are about to be evaporated by the nuclear option. The checks and balances that say if you get 51% of the vote, you don’t get your way 100% of the time. It is amazing, it’s almost a temper tantrum.”

“I told the President, I told Rahm Emanuel and others in the administration that I thought the policy they took to try to bring about negotiations is counter-productive, because when you give the Palestinians hope that the United States will do its negotiating for them, they are not going to sit down and talk.”

“Mitt Romney’s only bottom line is the one at the end of his own bank statement. The problem is that he confuses his own narrow, self-interest – and that of people like him – with the national interest. He thinks as long as we do right by the Mitt Romneys of the world, America will be just fine.”

It remains to be seen how Schumer’s career will continue to proceed in the future. However, considering that he has spent his entire career in politics, it seems pretty reasonable to say that his net worth won’t be seeing sudden jumps because of some kind of sudden career change anytime soon. Combined with the very fact that Schumer has managed to win every election that he has ever run in, there’s an honest chance that he could keep it up going for years and years to come. Something that is particularly true because there have been a lot of members of the U.S. House of Representatives and the U.S. Senate who didn’t retire until much later in life. In fact, the current record is held by Storm Thurmond, who managed to keep going until he died in office at the age of 100. As of 2020, Chuck Schumer’s net worth is $900,000.

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