• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

3

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation

1

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

2

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

3

OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
LeadershipJames Comey

Read Chuck Schumer’s Speech on President Trump’s Decision to Fire James Comey

Alana Abramson
By
Alana Abramson
Alana Abramson
Down Arrow Button Icon
Alana Abramson
By
Alana Abramson
Alana Abramson
Down Arrow Button Icon
May 9, 2017, 9:00 PM ET
Add Fortune on Google for similar content.

President Trump sent shockwaves through the political world Tuesday evening when he announced he was firing FBI Director James Comey, citing recommendations from the top officials in the Justice Department that included disapproval of the way Comey handled the investigation into Hillary Clinton’s private email server during the campaign.

Although Congressional Democrats had criticized the way Comey handled the investigation into Clinton’s email, they strongly disapproved of the decision to terminate him, calling the timing into suspicion and highlighting concern about the future of the FBI investigation into possible ties between Trump campaign associates and Russia.

Many Democrats, including Senate Minority Leader Chuck Schumer, reiterated their calls for an independent prosecutor to handle to Russia investigation.

The American people need to have faith that an investigation as serious as this one is being conducted impartially, without a shred of bias,” Schumer said shortly after the announcement. “The only way the American people can have faith in this investigation is for it to be led by a fearless, independent special prosecutor.”

Here’s the full transcript of Schumer’s remarks.

SCHUMER: Earlier this afternoon, President Trump called me and informed me he was firing Director Comey.

I told the president, “Mr. President, with all due respect, you are making a big mistake.” The first question the administration has to answer is why now. If the administration had objections to the way Director Comey handled the Clinton investigation, they had those objections the minute the president got into office. But they didn’t fire him then. Why did it happen today?

We know the House is investigating Russian interference in our elections that benefited the Trump campaign.

We know the Senate is investigating. We know the FBI has been looking into whether the Trump campaign colluded with the Russians — a very serious offense.

Were these investigations getting too close to home for the president? It is troubling that Attorney General Sessions, who had recused himself from the Russian investigation, played a role in firing the man leading it.

So what happens now? Deputy Attorney General Rosenstein sat in the Judiciary Committee and promised to appoint a special prosecutor at the appropriate time. That time is right now. The American people’s trust in our criminal justice system is in Rosenstein’s hands.

Mr. Rosenstein, America depends on you to restore faith in our criminal justice system, which is going to be badly shattered after the administration’s actions today.

This is part of a deeply troubling pattern from the Trump administration. They fired Sally Yates. They fired Preet Bharara. And now they fired Director Comey, the very man leading the investigation. This does not seem to be a coincidence.

This investigation must be run as far away as possible from this White House, and as far away as possible from anyone that President trump has appointed. Given the way the president fired Director Comey, any person who he appoints to lead the Russia investigation will be concerned that he or she will meet the same fate as Director Comey if they run afoul of the administration.

The American people need to have faith that an investigation as serious as this one is being conducted impartially, without a shred of bias. The only way the American people can have faith in this investigation is for it to be led by a fearless, independent special prosecutor.

If Deputy Attorney General Rosenstein does not appoint an independent special prosecutor, every American will rightly suspect that the decision to fire Director Comey was part of a cover-up.

I will take one or two questions.

QUESTION: Are you suggesting this was part of a cover-up? And (OFF-did you convey to President Trump today (ph) that he should appoint — that a special prosecutor should be appointed? And what was his reaction to your response? SCHUMER: I simply said to him, “Mr. President, in all due respect, you’re are making a very big mistake.” And he didn’t really answer.

And I have said from the get-go I think a special prosecutor is the way to go, but now with what has happened it is the only way to go — the only way to go to restore the American people’s faith. Are people going to suspect a cover-up? Absolutely. If an independent special prosecutor is appointed, there can still be faith that we can get to the bottom of this. If not, everyone will suspect a cover-up.

QUESTION: Are you suggesting…

SCHUMER: Yes?

QUESTION: Senator Schumer, you told me last year before the election that you had lost confidence in Comey because of how he handled the e-mail scandal. Do you think that the president’s explanation, that this is the reason why he’s firing him now has credibility with you? Do you believe that?

SCHUMER: Okay.

QUESTION: Or do you think that he’s firing him for another reason?

SCHUMER: I never — I never called on the president to fire Director Comey. I have a lot of questions about how he handled himself.

But the overwhelming question is this — if the administration had the same questions, the event occurred months ago, and they should’ve fired Comey on the day they came into office. All of them occurred before he came into office. So that does not seem to me to be a very logical or persuasive explanation.

Thank you everybody.

About the Author
Alana Abramson
By Alana Abramson
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Leadership

Cleveland’s WNBA team doesn’t play until 2028 but Progressive just scored jersey sponsorship
SuccessSports
Cleveland’s WNBA team doesn’t play until 2028 but Progressive just scored jersey sponsorship
By Joe Reedy and The Associated PressJuly 21, 2026
6 hours ago
Moldova’s parliament elects 44-year-old businessman investor Vasile Tofan as prime minister
PoliticsEuropean Union
Moldova’s parliament elects 44-year-old businessman investor Vasile Tofan as prime minister
By The Associated PressJuly 21, 2026
6 hours ago
Bill Gates called meeting Epstein a ‘grave error in judgment.’ A new review shows the Gates Foundation still met with him about 30 times
North AmericaBill Gates
Bill Gates called meeting Epstein a ‘grave error in judgment.’ A new review shows the Gates Foundation still met with him about 30 times
By James Pollard and The Associated PressJuly 21, 2026
7 hours ago
Lauren Sánchez Bezos put $34 million behind reinventing what clothes are made of—and stirred a debate about Amazon
Environmentphilanthropy
Lauren Sánchez Bezos put $34 million behind reinventing what clothes are made of—and stirred a debate about Amazon
By Sydney LakeJuly 21, 2026
8 hours ago
Federal civil rights agency votes to scrap 60-year-old workforce diversity reporting rule
Politicsdiversity and inclusion
Federal civil rights agency votes to scrap 60-year-old workforce diversity reporting rule
By The Associated Press, Claire Savage and Alexandra OlsonJuly 21, 2026
8 hours ago
A family crisis inspired Bill Ackman to spend $260 million to create a massive brain research institute in Manhattan
InnovationBill Ackman
A family crisis inspired Bill Ackman to spend $260 million to create a massive brain research institute in Manhattan
By Jeff John RobertsJuly 21, 2026
8 hours ago

Most Popular

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
1 day ago
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
2 days ago
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
Cybersecurity
OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
By Jeremy Kahn and Emily ForliniJuly 21, 2026
7 hours ago
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
AI
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
By Jason MaJuly 18, 2026
3 days ago
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
AI
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
By Eva RoytburgJuly 21, 2026
11 hours ago
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
Success
Despite a $156 million contract, Knicks star Jalen Brunson still calls his parents for financial advice any time he makes a big purchase
By Emma BurleighJuly 21, 2026
12 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.