Wealthy Progressive Candidate Challenges Pelosi
Update: 2025-12-01
Description
A progressive activist, Saikat Chakrabarti, with an estimated net worth of at least $167 million, is running for Congress, aiming to succeed Nancy Pelosi. Unlike many progressive politicians, Chakrabartis wealth stems from his early role at Stripe, a payment processing company. He advocates for progressive policies, including Medicare-for-all, affordable housing, universal childcare, and a wealth tax, despite his significant personal wealth.
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