==Schumer's role in the [[Financial Crisis of 2008]]==
==Schumer's role in the [[Financial Crisis of 2008]]==
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The New York Times has accused Schumer of "backing measures now blamed for the financial crisis.... Schumer took steps to protect (financial)industry players from Government oversight and tougher rules.... Over the years he has helped to save financial institutions billions of dollars in higher taxes."[http://www.nytimes.com/2008/12/14/business/14schumer.html?_r=1]
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The New York Times has accused Schumer of "backing measures now blamed for the financial crisis.... Schumer took steps to protect (financial)industry players from Government oversight and tougher rules.... Over the years he has helped to save financial institutions billions of dollars in higher taxes."<ref>[http://www.nytimes.com/2008/12/14/business/14schumer.html?_r=1 www.nytimes.com]</ref>