(DCNF)—Democratic Pennsylvania Sen. John Fetterman said Sunday on CNN’s “State of the Union” that New York City can embrace socialism if it wants to elect Democratic Socialist nominee Zohran Mamdani for mayor, but urged fellow Democrats to “stop hurting” the very people they “fight for.”
With the Big Apple’s mayoral election just days away, Mamdani is projected to outperform Independent candidate Andrew Cuomo and Republican nominee Curtis Sliwa, according to recent polls. CNN’s Jake Tapper asked Fetterman if electing Mamdani would be a mistake and whether he would consider voting for one of the other two candidates.
“No, that’s gonna be New York’s voice,” Fetterman said. “Socialism is not the future of my party. And if that’s gonna be their future, that’s really up to New York City to decide those things. You know, we all know how socialism works out. Ask anybody that’s lived under those kinds of systems all across the globe.”
“But for me, as a Democrat, as a committed Democrat, I might disagree in some areas, much like shutting down our government or other areas now. But for me, as a committed Democrat, I am going to push back and announce, ‘People, that this is wrong,’” Fetterman added. “And now we are hurting the very people that we fight for. And now we’re getting nothing for them if we continue to keep our government shut down.”
According to a poll released Thursday conducted by Emerson College, PIX11, and The Hill, Mamdani holds a 25-point lead over Cuomo, 50% to 25%, while 21% support Sliwa and 4% remain undecided. Other polls, such as one from Marist University, show Mamdani with a slightly smaller lead, but he still commands 48% support, with Cuomo at 32%, Sliwa at 16%, and 3% undecided.
With Mamdani’s political momentum growing since he secured the Democratic mayoral nomination in June, established Democrat leaders have slowly begun coming forward to support him. In September, Democrat New York Gov. Kathy Hochul announced her endorsement through an op-ed in The New York Times. By October, House Democratic Leader Hakeem Jeffries followed with his endorsement, months after previously dodging questions on the issue.
Despite his growing lead and endorsements from Democrats, Fetterman remains one of the few Democrats opposing Mamdani. In a July interview, Fetterman said he doesn’t “really agree with virtually” anything Mamdani stands for politically and claimed he’s “not even really a Democrat.”
If elected in November, Mamdani said he plans to implement policies such as raising the minimum wage to $30, launching government-run grocery stores, and taxing “richer and whiter” neighborhoods.
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Why the National Debt Is the Looming Threat to Your Retirement Plans
The Hidden Crisis No One Is Talking About
Every day, headlines warn about inflation, market volatility, and global instability—but the greatest looming threat to your retirement might be something far more fundamental: America’s skyrocketing national debt.
You can learn more about how the national debt affects you by reading this 3-minute report titled, “Debt Will Hit $40T in 2026: Prepare Your Retirement Now“.
With debt growing faster than most Americans can possibly fathom, the government’s borrowing habits have reached historic—and dangerous—levels. To cover spending, Washington is making moves with their budget packages, tariffs, and taxes. Is it enough? No. It’s not even close to what would be necessary to stop out-of-control debt, let alone reverse it.
How Debt Erodes Your Nest Egg
There are only so many levers government and the Federal Reserve can pull to try to protect Americans, assuming that’s even a top priority for them. Unfortunately, pulling one level to relive one pressure invariably adds pressure from another direction. This is why prices keep going up even as inflation reportedly slows.
For retirees and pre-retirees, that’s a perfect storm. The dollars you’ve worked hard to save lose value, and your cost of living increases while your investments lag behind.
If you’re relying solely on paper-based assets—stocks, bonds, or mutual funds—you’re essentially tied to the same system that’s creating the problem. It’s a system that was designed to work well in the 20th century, not in today’s world with people living longer and the dollar rapidly losing value.
This is why the 3-minute report, “Debt Will Hit $40T in 2026: Prepare Your Retirement Now,” is so important.
The Precious Metals Hedge
Thousands of Americans are looking for a tangible, time-tested hedge: physical gold and silver.
Unlike paper assets, precious metals aren’t dependent on government policy or the stock market’s mood swings. They’re real, finite resources that have maintained value for thousands of years through wars, recessions, and inflationary periods.
In fact, during times of high inflation and fiscal instability, gold often performs its best—because it’s seen as a store of value when faith in the dollar weakens. This is why prices have skyrocketed this year and are expected by many economists to continue going up in the future.
Take Control with a Gold IRA
One of the most effective ways to protect your retirement from national debt fallout is through a self-directed Gold IRA. This IRS-approved account lets you hold physical gold and silver within your retirement portfolio, giving you:
- Direct ownership of your assets
- A hedge against inflation and dollar decline
- The control to diversify beyond Wall Street
Augusta Precious Metals specializes in helping Americans just like you take this step with confidence. The company has earned a strong reputation for transparency, education, and personalized service—making it one of the most trusted names in the industry.
The Next Step: Secure Your Financial Future
Augusta Precious Metals has helped thousands of Americans with at least $50,000 to invest from their IRAs, 401(K)s, TSPs, and other retirement accounts safeguard their savings through precious metals.
If you’re concerned about what the rising national debt could mean for your future, now is the time to act.
Read this 3-minute report titled, “Debt Will Hit $40T in 2026: Prepare Your Retirement Now“ and learn the simple steps you can take to protect your retirement.