Dov Hikind says the video was recorded at the Vizhnitz Cheder on 53rd Street in Borough Park, where the buses were dropping off children.
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The kids can be seen walking toward the entrance when the driver approaches and waits for several to run in front of the vehicle before speeding past them.
"Such behavior is outrageous, wild, reckless, and unacceptable," said Hikind, who represented the district for 36 years.
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He is calling on the NYPD to take action.
"The video evidence and license plate number have been forwarded to the chief of police of the 66th Precinct," he said. "The community is demanding the arrest of this sick individual who unnecessarily endangered the lives of children simply because he couldn't wait an extra few minutes behind a bus."
Hikind believes the driver lives in the neighborhood.
Police confirm that detectives are looking into the matter.