Schumer: ‘I know a thing or two about what Nazis did’

The bill, the Ex-Patriot Act, is a direct response to Eduardo Saverin, a co-founder of Facebook, who renounced his U.S. citizenship before the company went public.

"I know a thing or two about what Nazis did; some of my relatives were killed by them," Schumer said in speech on the Senate floor. "And saying that a person who made their fortune specifically because of the positive elements in American society in turn has a responsibility to do right by America is not even on the same planet as comparing what the Nazis did to the Jews."

Read more on The Hill's Hillicon Valley blog.