Schumer Praises $200 Billion Treasury Plan

Sen. Charles SchumerCharles SchumerOvernight Tech: Tech pushes for debate spotlight | Disney may bid for Twitter | Dem seeks Yahoo probe Saudis hire lobbyists amid 9/11 fight Consumer bureau remains partisan target after Wells Fargo settlement MORE (D-N.Y.) today offered praise for a new $200 billion Treasury plan to support consumer and small business loans.

"The arteries of the financial system are still clogged and as a result, too much of the economic activity on Main Street is slowing to a crawl," Schumer said. "This new focus by Treasury and the Fed should help inject some much needed economic life into Main Street and couldn