charles schumer

Two New York lawmakers say that a coin being marketed as a "tribute" to 9-11 is a scam and an "all-time low" for the for-profit private company making the coins. Senator Charles Schumer and U.S. Rep. Jerrold Nadler have complained to both the Federal Trade Commission and the U.S. Mint about the...

U.S. regulators have decided to ban caffeinated alcoholic beverage such as Four Loko, on the grounds that they are unsafe. Five states have already prohibited sales of such drinks.

Reusable shopping bags made in China have drawn the ire of U.S. Senator Charles Schumer (D-NY), who is calling for a federal investigation into how the bags found their way to consumers after a news report showed some of them contained dangerous levels of lead content. Schumer is seeking to...

The utility National Grid blew $100 million on dubious expenses and the company got caught by New York state paying to relocate an executive's wine collection and for another's private-school tuition bills. Coincidentally, the Massachusetts attorney general said, they also want a $104 million rate...

U.S. Senator Charles Schumer, a Democrat from New York, is asking the Federal Reserve to scrutinize credit-card issuers pitching business credit cards to people who don't own businesses or are retired. Business credit cards are exempt from the provisions of the newly-enacted credit-card...

If Senator Charles Schumer (D-NY) has his way, the Securities and Exchange Commission (SEC) will get its funding from Wall Street. It's not really that big of a switch from the current source of the SEC's budget -- fees paid to the Treasury Department by companies that issue stock. The Treasury...