Senator John Fetterman (D-PA) who has described himself as “pro-capitalist,” is warning that his party is drifting toward ideological extremes while still relying on wealthy donors to fuel progressive activism. According to Fox News, in an interview with Reason, Fetterman argued that a growing faction within the Democratic Party is embracing far-left positions. 

“The extremism is driving it without a doubt,” he said, pointing to recent primary races and newly elected officials at both the House and Senate levels. Fetterman specifically cited Maine Senate candidate Graham Platner as an example, noting that Platner has publicly identified himself as a communist. “[T]hat’s not a slur from me,” Fetterman said. “That’s not GOP kinds of hit. That’s his own words.”

Fetterman also criticized prominent local leaders in major cities, suggesting their policies risk pushing residents, especially high earners, out of traditionally Democratic states. He pointed to Seattle Mayor Katie Wilson, referencing her remarks dismissing concerns about wealthy residents leaving due to progressive taxation. Wilson had said such fears were “overblown” and added that those who leave could simply be told “bye.”

Turning to New York City, Fetterman took aim at Mayor Zohran Mamdani’s proposal to tax luxury second homes owned by affluent residents. He argued that such measures could accelerate migration out of high-tax states. Referencing a comment from Florida Governor Ron DeSantis, Fetterman said Mamdani’s policies effectively make him Florida’s “favorite real estate agent,” encouraging people to relocate.

According to Fetterman, this trend reflects a broader shift. He claimed that trillions of dollars in wealth have already moved out of states like New York, as individuals vote “with their feet” in response to economic policies. He contrasted this with states like Florida, which he said continue to attract residents and businesses.

Despite his criticism of anti-wealth rhetoric, Fetterman also pointed out what he sees as a contradiction within his party, noting that while some Democrats target billionaires and millionaires, progressive movements still depend on financial backing from wealthy supporters.