That’s insulting. No one here claimed Schumer had some duty to lie. What we are saying is that he showed awesomely poor judgement in his public communication. He personally doesn’t bear the full responsibility for collapse, of course. But his idiocy may well have led to its collapse. No, we cannot say the bank would definitely not have collapsed otherwise. But it certainly would not have collapsed when it did. It might have had a chance to recover.
And specifically, Schumer is on the Senate Finance Committee. He just plain ought to know better.