Sen. Elizabeth Warren (D-MA) leveled CNBC's Joe Kernen on Thursday for fear-mongering over the professed socialist who won the Democratic primary for New York City's mayoral race.
In a shocking outcome this week, 33-year-old Zohran Mamdani defeated former Gov. Andrew Cuomo to clinch the Democratic nomination.
"He's a socialist, he's a self-avowed socialist," Kernen began. "Do you think socialism is the correct path to do what you just said you want to do for working Americans? I mean, that's what he is."
Kernan called New York City "the center of the universe for capitalism."
"And Wall Street, whether you love it or hate it — I know it has a connotation in certain areas — but it's the financial engine for all the great things that happen in the U.S. in terms of the private sector, and raising money for companies, and the stock market. All these great things that provide all the jobs — that's where you get the tax money to spend on all these great things you want to spend it on. You think that's the right thing for New York City?"
Warren answered, "You don't have to push me! I believe in markets. I love markets. I think markets are fabulous — when they're honest markets. As you know, because we've had these discussions before — for example, we need markets with rules. Markets without rules are just theft.
"But what our new mayor — I hope our mayor-elect — is talking about, is how to make that economy work for families."
Warren then chastised Kernen directly.
"Where is your outrage over a Republican Party that are saying, 'We want to fund even more tax giveaways to billionaires. We want to make sure that Meta gets a check, if this bill passes, for $15 billion...while we take away healthcare from everyone else, while we drive up utility bill costs for everyone else.'
"That's not how we build a strong economy. You believe in markets? Then you should believe in participation by the employees so that they get some of the wealth that they helped create."
Watch the clip below via CNBC.