Schumer Flexes Democrats’ Subpoena Power in Warning to CEOs (1)

Senate Majority Leader Chuck Schumer served notice Wednesday that Democrats will use their expanded majority in the chamber next year to subpoena corporations and executives to strengthen oversight investigations.

“Subpoena power can deal with corporate corruption and inequities and other problems throughout the country,” the New York Democrat said at a news conference. He declined to say what companies or industries he thinks would be subject to scrutiny.

Democratic Senator Raphael Warnock’s victory Tuesday in Georgia’s runoff election over Republican Herschel Walker gives Democrats a 51-49 majority for the remainder of President Joe Biden’s current term. That means Democrats ...