Cory Booker is a fraud without a challenger

Cory Booker is a fraud without a challenger

The characterization of Senator Cory Booker as a “Wall Street darling” is not merely a relic of his 2013–2014 campaigns, when he took more money from the financial sector than any other member of or candidate for Congress. It is a description of a political trajectory that has remained remarkably consistent, even as his fundraising base has diversified.

This point cuts to the heart of a central contradiction in American politics: the politician who speaks in the language of the working class but governs—and fundraises—in the service of the wealthy.

"The secret of life is honesty and fair dealing. If you can fake that, you've got it made," said comedian Groucho Marx.  Cory Booker proved him right.

Once you have secured the patronage of the wealthy and powerful, you can afford to shift to a broad‑based small‑dollar operation. It makes for a better press release. It allows you to tell voters that you are funded by “over 200,000 grassroots donors” while quietly maintaining the loyalty of the fifty billionaires whose checks got you into the room in the first place. Small donations buy a narrative; large donations purchased access and allegiance.

It's telling that one of Booker’s first Senate campaign fundraising events was hosted by Jared Kushner and Ivanka Trump in their Park Avenue home. The question, then, is not where the money comes from today, but whose interests are served when the votes are cast and the cameras are off. On that score, the record is damning.

Take congestion pricing. When New York’s plan to fund mass transit by tolling Manhattan’s central business district came under threat from the Trump administration, Booker—who represents New Jersey commuters—sided with the suburban drivers and the real‑estate interests who wanted the program dead. He stood with Trump in opposing a policy that would have reduced traffic, funded public transit, and disproportionately benefited working‑class riders. It was a populist pose that served the well‑heeled.

Consider his relationship with the Kushner family. Charles Kushner—the father of Jared Kushner, Donald Trump’s son‑in‑law and former senior adviser—was pardoned by Trump in 2020 after a notorious conviction for tax evasion and witness tampering. Booker, who sits on the Senate Judiciary Committee, not only voted to confirm Charles Kushner as ambassador to France in 2025 but has maintained a conspicuously cordial relationship with a family that embodies the fusion of wealth, power, and impunity that he purports to oppose.

On cryptocurrency, Booker has been a reliable ally of the industry, co‑sponsoring legislation favored by Silicon Valley and Wall Street crypto investors—the same financiers who have poured money into his campaigns. When the industry needed a Democrat to lend bipartisan cover, Booker was there, helping to water down consumer protections that would have cut into their profits.

On Israel and Gaza, Booker has consistently aligned himself with the most hawkish elements of the pro‑Israel lobby, refusing to condition military aid even as the International Court of Justice has examined charges of genocide. He has used his platform to attack critics of Israeli policy, not to hold a right‑wing government accountable for the deaths of tens of thousands of civilians. For a man who built his brand on moral outrage, the silence—or worse, the complicity—speaks volumes.

Then there is Scott Bessent, the hedge fund manager Trump nominated as Treasury Secretary. Bessent is a billionaire who made his fortune betting on global markets; he is the living embodiment of the financial elite Booker claims to stand against. Yet Booker voted to confirm him. That vote was not a lonely act of principle; it was a signal to the donor class that whatever he says on the campaign trail, he will not get in the way of putting Wall Street in charge of the nation’s purse strings.

And on the State and Local Tax (SALT) deduction—a critical issue for high‑income homeowners in blue states—Booker has consistently championed restoring the full deduction, a position that overwhelmingly benefits the wealthy while doing nothing for the working families he claims to represent. It is a perfect illustration of his political persona: he speaks of justice, but his legislative priorities are those of his highest‑earning donors.

All of this is wrapped in a package of theatrical protest. Booker’s 25‑hour Senate floor speech in 2025 was a masterpiece of political theater—a marathon of reading constituent letters and decrying Trump’s agenda. It made for compelling footage. It earned him glowing media coverage. But it did not stop a single Trump policy. It did not slow the federal layoffs, or reverse the deportations, or restore the child care funding that was stripped away. It was a performance, not a fight.

The tragedy is that performances like these consume the oxygen that could be used to organize actual resistance. They create the illusion of opposition while the foundations of American life—stable employment, affordable child care, the rule of law, even the basic security of immigrant families—are being systematically dismantled. They distract from existential threats: the concentration of wealth that is eating democracy, the climate crisis that goes unaddressed, the erosion of any meaningful check on executive power.

So yes, Senator Booker can now claim to raise money from small donors. But that does not change his political loyalty to the fifty billionaires who funded his rise, or to the interests they represent. A man who stands with Trump on congestion pricing, who confirms Charles Kushner’s ambassadorship, who votes for Scott Bessent, who protects crypto investors, and who refuses to challenge a genocide while pocketing campaign checks from AIPAC, defense and finance industries—that man is not a progressive champion. He is a well‑rehearsed fraud, using the language of justice to obscure a politics of accommodation.

The Wall Street darling of 2014 did not disappear. He just learned to hide in plain sight.

Showing 1 reaction

Please check your e-mail for a link to activate your account.

  • Lisa McCormick
    published this page in News & Opinion 2026-03-26 08:36:53 -0400