Beware Corporate Democrats \u0022Passing the Torch\u0022

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Beware Corporate Democrats \u0022Passing the Torch\u0022
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Congressman Hakeem Jeffries is a member of the Congressional Progressive Caucus, but that affiliation for the heir apparent to the current House Speaker should not be taken at face value.

urging her to protect all $80 billion for public housing in the BBB [Build Back Better bill], Jeffries was the only member not to sign that missive, especially surprising given that New York Dems are known to act as a bloc.”

Jeffries is a member of the Congressional Progressive Caucus, the magazine noted, but that affiliation should not be taken at face value: “Jeffries is a mute member of the CPC, the largest caucus in the party, but has recently chosen to ally himself with its more conservative factions. And while the party’s moderate wing has moved left on everything from foreign policy to social welfare, Jeffries has not moved with it.”four years ago, after he won a close race against Rep.

While in his fourth term, “Jeffries was the leading congressional recipient of hedge fund money in 2020,”last year. “He banked $1.1 million from the financial sector, real estate interests, and insurance industry in the 2019–2020 cycle. Everyone from JPMorgan Chase to Goldman Sachs to Blackstone contributed. Zimmer Partners, a hedge fund, is one of Jeffries’s top donors in 2021. From the outset, he has governed with those interests at heart.

Thirty years younger than the outgoing speaker, Jeffries is a fitting symbol of media eagerness to herald generational change for Democrats in Congress. But investigative journalist Alexander Sammon has provided an apt: “Barely in his fifties, Jeffries is young numerically, but aligned with an older mode of Democratic politics, and has repeatedly distanced himself from the younger crop of Democrats that is almost categorically more progressive .

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