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Chuck Schumer: “The more the railroads merge, the less competition, the more…”

Featuring: Chuck Schumer, Democratic | U.S. Senate New York

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Published | Video Starts at 08:32

If Gloster helps clear the deal, it'll mean higher costs for the American people. Hear that, Americans? Trump's putting people on the board who are so, so obescent to industry that he's going to raise your costs. The more the railroads merge, the less competition, the more the consumer, the more the American people pay. And if Gloucester's on the board, we're kidding ourselves to think he'd side with workers or consumers over the interests of railroad backed oligarchs. I could go on and on, but Americans get the picture. (08:32–08:39)

CLAIM

Asserts that railroad mergers reduce competition and increase costs for consumers.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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