Letter from the editor: Jan. 29, 2019

Published January 25, 2019 5:00am ET



Now that the Democrats are the party of the rich and, appropriately, collect the lion’s share of Wall Street’s campaign donations, it’s only natural that they should suffer from some of the same perils that afflict their donor class. I’m thinking of that uncomfortable phenomenon, the hostile takeover. The finance industry knows that corporate predation only too well, but now it’s suddenly being replicated in the party of the Left.

The Democrat leaders, Speaker Nancy Pelosi of California, Reps. Steny Hoyer of Maryland and Hakeem Jeffries of New York et al., had no time to bask in the afterglow of midterm election victory. After less than a nanosecond happily flexing their majority muscles in preparation for two years harassing President Trump, they were suddenly faced with a boardroom coup by the most junior members of their caucus.

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