Rep. Alexandria Ocasio-Cortez (D-N.Y.) was elected to Congress in 2018, and she replaced veteran congressman Joe Crowley, who was at one point nominated to replace Nancy Pelosi as House Democratic leader. His loss of office caused massive political turmoil.
This summer, a former Wall Street banker is trying to do to Ocasio-Cortez what Ocasio-Cortez did to Crowley.
Marty Dolan, 66, who spent 30 years at Jefferies Financial Group, Morgan Stanley and other financial firms, is challenging Ocasio-Cortez for New York’s 14th Congressional District seat. She has held her position successfully for the past six years. , speaking on behalf of the district, says Dolan has done little to improve it.
If he succeeds, it would be a stunning blow to the Democratic Socialists of America, which has a strong foothold in the city, including the Bronx and northern Queens, which includes the 14th District seat.
Former banker Marty Dolan (left) challenges Representative Alexandria Ocasio-Cortez (right) (Marty Dolan website, left, Ian Forsyth/Getty Images, right)
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But Dolan argues that Ocasio-Cortez and her fellow socialists have gone too far, criticizing their approach to the economy, crime and illegal immigration crisis.
“While we all support what the word progressive means, there are radicals within the progressive movement who have too much influence in the Democratic Party,” Dolan said on his campaign website. ” he said.
“The impact on New York City is clear: Bail reform is a disaster, the National Guard is on the subways, toothpaste is locked up in drug stores but criminals run free, and (unsanctuary) immigrants come from all over the world.” Scarce resources directed towards
He said these challenges need to be addressed in the context of the runaway $34 trillion federal debt and the city’s 14% marginal tax rate.
“Losing 500,000 taxpayers is unsustainable. Resolving this must be our overwhelming priority,” Dolan wrote.
“Radicals cannot offer anything more than breadcrumbs if they ignore the disengagement of major breadwinners and ignore the concerns of taxpayers in favor of abstract populist ideologies. I can’t. I’ve had enough.”
New York’s Tompkins Square Park is home to single immigrant men, mostly from West Africa. Dolan slammed Ocasio-Cortez’s position on the issue. (Andrew Lichtenstein/Corbis via Getty Images)
Mr. Dolan is the first person in four years to challenge an influential “squad” member and is trying to collect the signatures needed to earn a spot on this year’s Democratic primary ballot.
It will be a formidable effort to unseat Ocasio-Cortez, who at 29 years old is the youngest female congresswoman in history. She quickly rose to prominence among young voters and gained her fame in pop culture. Although she remains popular among voters, Dolan says her popularity may no longer be as strong.
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“There are a lot of people in Queens and the Bronx who are like, ‘What has she done for us?'” Dolan told Bloomberg.
According to Bloomberg, Ocasio-Cortez had $5.7 million in cash on hand as of Jan. 1, but Dolan’s campaign had raised only $58,000 so far, $55,000 of which was given to Dolan. It is said that the loan was given to his own camp.
According to his website, Mr. Dolan holds an MBA from Harvard Business School and has worked extensively in the global risk insurance field, including the global liability crisis, the World Trade Center attack, Hurricane Katrina, and the global It has helped companies recover from the financial crisis.
Ocasio-Cortez ousted veteran Congressman Joseph Crowley in 2018, sparking a massive political upheaval. (Tom Williams/Getty Images)
He grew up in the same Westchester County as Ocasio-Cortez.
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According to Bloomberg, Dolan praised Ocasio-Cortez for her efforts to successfully block Amazon from building a new sprawling headquarters in Long Island City, Queens, and for her commitment to diversity, equity, and inclusion. praised the support.
He also accused Ocasio-Cortez of “importing immigrants and exporting decent taxpayers,” referring to residents who have fled to states such as Florida. The city cares for more than 170,000 immigrants, and the mayor estimates the bill will be well over $10 billion.
“There’s no one more pro-immigration than AOC, and there’s never been anything worse than what happened in New York last year,” Dolan told Bloomberg.
Dolan’s platform includes plans to advocate for a new federal value-added tax and luxury sales tax, according to Bloomberg. The money would be used to reduce national debt and state pension obligations, allowing states like New York to lower income taxes.
Fox News Digital reached out to Ocasio-Cortez’s office for comment but did not receive a response.
