What is Chuck Schumer's net worth? Almost-millionaire can become Senate majority leader if Dems bag GA run-offs

There could not be a more deserving majority leader of the Senate than Chuck Schumer


                            What is Chuck Schumer's net worth? Almost-millionaire can become Senate majority leader if Dems bag GA run-offs
Chuck Schumer (Getty Images)

With the Georgia run-off elections underway, the fate of the Senate could soon change. While Mitch McConnell is now the majority leader of the Senate, if the Democrats manage to bag both the elections in Georgia, they could snatch control back from the GOP, which means Chuck Schumer, the present minority leader would become the majority leader of the Senate.

If this were to happen, President-elect Joe Biden would more easily be able to confirm his appointments and judicial nominees. It would also guarantee that Democrats will at least be able to decide what bills make it to the Senate floor with Vice President-elect Kamala Harris serving as the tie-breaker for simple majority votes. Meanwhile, there could not be a more deserving majority leader of the Senate than Schumer who has dedicated his life to politics since 1975, when he was appointed a member of the New York State Assembly for the 45th district. In 1980, at 29, Schumer was elected as a Congressman from the 9th Congressional District.

His current net worth is just sigh of a million dollars and stands at $900,000, according to Celebrity Net Worth.

Senate Minority Leader Chuck Schumer (Getty Images)

According to Schumer's website, "Chuck represented the 9th CD in Brooklyn and Queens for eighteen years, where he established his reputation as a consumer advocate and a pioneer in the fight against crime during the days of sky-high crime and murder rates that plagued communities throughout America. He was the leading sponsor of the Violence Against Women Act, which combats domestic violence and sexual assault, and the Brady Bill, which instituted mandatory background checks for handgun purchases. He championed the Hate Crimes Prevention Act, which organized data on crimes of bigotry and allowed federal authorities to prosecute these crimes. He also sponsored legislation that required banks and credit card companies to provide greater disclosure to consumers."

In 1998, Schumer was elected to the Senate. He became New York's senior senator when Senator Daniel Patrick Moynihan retired in 2000. Since then he has kept up with his promise of visiting each of New York's 62 counties every year. After being reelected in 2004, Schumer secured two powerful posts: A seat on the Senate Finance Committee, which oversees the nation’s tax, trade, social security and healthcare legislation, and the chairmanship of the Democratic Senatorial Campaign Committee (DSCC). He successfully led the DSCC for two consecutive cycles and expanded the number of seats in his conference.

Following the elections of 2006, then-Majority Leader Harry Reid (D-NV) appointed Schumer to serve as Vice-chair of the Democratic Conference, the number three position on the Democratic leadership team. In 2016, Schumer was re-elected by the people of New York once again and at the same time, his colleagues elected him to serve as Leader of the Democratic caucus, the first time a New York Senator has held the position. Schumer assumed office as the Senate minority leader in 2017.

Chuck Schumer is related to comedian Amy Schumer. Chuck and Amy's father are second cousins.

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