Four Megabanks on Wall Street Hold $3.2 Trillion in Uninsured Deposits – Which May Explain Senator Schumer’s Pivot to the GOP to Stop a Government Shutdown

During Senator Chuck Schumer’s (D-NY) political career, three of his five largest campaign donors have been Wall Street megabanks – Goldman Sachs, Citigroup and JPMorgan Chase. His second largest campaign donor over his political career are the partners and employees of Big Law firm Paul Weiss, where his brother, Robert, is actively engaged...