Senate Majority Leader Chuck Schumer commemorated Floyd on the one-year anniversary of his death by acknowledging the massive social justice movement that was born as a result.

"This was not only a fight for justice for one man and his family, who I've had the privilege to meet with, but a fight against the discrimination that black men and women suffer at the hands of state power, not just here in America, but around the globe," Schumer said. "It is a fight that continues today."

Schumer also recalled the “stomach-churning video” of Floyd’s death, which was played numerous times during Derek Chauvin’s murder trial.

"George Floyd was murdered in broad daylight by a police officer sworn to protect and serve our country was forever changed by the stomach-churning video of Derek Chauvin killing Mr. Floyd," Schumer said.

Sen. Cory Booker, D-N.J., and Sen. Tim Scott, R-S.C., are working on bipartisan police reform legislation, Schumer said, but gave no details on what the legislation will look like or when it may be ready for consideration by the Senate.

-ABC News’ Allison Pecorin

President Biden, who has suffered several personal losses himself, said in a statement he related to the Floyd family in their first year of loss, as they relived Floyd's death with every play of the video of his arrest.

"The Floyd family has shown extraordinary courage, especially his young daughter Gianna, who I met again today," the president added.

Biden reiterated his support for the George Floyd Justice in Policing Act and appreciated "the good-faith efforts from Democrats and Republicans to pass a meaningful bill out of the Senate." He called on Congress to act quickly to pass the legislation.

"We face an inflection point. The battle for the soul of America has been a constant push and pull between the American ideal that we’re all created equal and the harsh reality that racism has long torn us apart," Biden said.
-ABC News' Molly Nagle