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I'm not buying this narrative. After a solid year of democrats insisting that biden was pressuring netanyahu behind the scenes when absolutely nothing of the sort was actually happening, I place no faith at all in any assertion of what's going on behind the scenes. This is a post facto justification of actions schumer took because he wanted to. If I were to give him the benefit of the doubt here and accept the "public perception wouldn't be with us" narrative, the best I can say is that he's a spineless amoral windsock who is utterly incapable of leadership.
He'll find some new excuse to cave. It may take time. He might actually go through with it this time, but it won't last more than a week and there will be zero concessions for ending the shutdown.