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Home»Politics»‘It’s Time to Draft Chris Van Hollen’: Maryland Senator’s Post on Billionaire Wealth Tax Sparks Push to Challenge Schumer for Majority Leader

‘It’s Time to Draft Chris Van Hollen’: Maryland Senator’s Post on Billionaire Wealth Tax Sparks Push to Challenge Schumer for Majority Leader

Plot thickens

Paul EkeBy Paul EkeNovember 9, 20263 Mins Read
Maryland Sen. Chris Van Hollen posted that the midterms showed the power of the many over money and called for a billionaire wealth tax. Replies quickly turned to calls for him to challenge Chuck Schumer.
Image Credit: Maryland GovPics/Wikimedia Commons (CC BY 2.0)

U.S. Sen. Chris Van Hollen of Maryland posted on X that the recent election showed the power of the many over money and called for a billionaire wealth tax, writing that large donors will continue funding lobbying and elections to protect the status quo. The post, which included a video clip of Van Hollen discussing campaign finance, drew immediate replies from users. Progressive commenters responded by urging him to challenge Senate Minority Leader Chuck Schumer for the majority leader role, citing a growing #DraftVanHollen effort after Democrats’ midterm gains.

This election showed the power of the many over the money.

But the big money isn’t going away. Billionaires will still pump gobs of money into lobbying & elections to protect a broken status quo.

It’s time to pass a billionaire wealth tax to support the common good. pic.twitter.com/GHgspzmS8C

— Chris Van Hollen (@VanHollenForMD) November 8, 2026

The video, from the “I’ve Had It Weekend” program, shows Van Hollen speaking in a split-screen interview format. In the clip, he states, “This is the complete corruption of our political process. What you have is folks who have rigged the economic system to benefit themselves at the expense of everybody else.” He continues that the wealthy are “using their billions of dollars to try to buy more elected officials in Congress to continue to do their bidding and protect the status quo.”

Van Hollen adds that this is “why it’s absolutely essential that we have a wealth tax on billionaires and very wealthy people and use those resources to invest in opportunity for others.” He notes that “our public schools are completely underinvested” and that “we have a completely broken healthcare system that is now run by hedge funds. I mean, it’s a money-making operation, not a healthcare system.”

The post’s text states: “This election showed the power of the many over the money. But the big money isn’t going away. Billionaires will still pump gobs of money into lobbying & elections to protect a broken status quo. It’s time to pass a billionaire wealth tax to support the common good.” 

The remarks come days after Democrats gained control of both the House and Senate in the 2026 midterms, according to projections from multiple outlets. Van Hollen has separately said he is considering a 2028 presidential run and has declined to automatically endorse Chuck Schumer for majority leader.

Responses to the Maryland Senator’s Post on X

Some users supported the call for stronger progressive leadership. One wrote, “Ok big dawg I’m gonna need you to run more senate majority leader please.” Another said, “Senator, you get it. That’s why there is a growing movement to #DraftVanHollen, because of answers like this. With the historic blue wave comes a mandate for change.” 

A third replied, “I am going to be SO ANGRY with you, Senator Van Hollen, if you don’t challenge Schumer for Senate Leader. THAT is your way into running for President.”

Others questioned the proposal or raised concerns about its effects. One commenter asked, “Won’t the billionaires leave? Billionaires can afford to live anywhere in the world.” 

Another argued that Van Hollen’s idea of the “common good” involves taking from those who earned money “while ignoring the needs of Maryland families who are suffering under the failed policies fueling crime, poverty and unaffordability.” 

Maryland Sen. Chris Van Hollen Targets Elon Musk’s Political Spending With New Proposal: ‘Is This For Them Too?’
Related: Maryland Sen. Chris Van Hollen Targets Elon Musk’s Political Spending With New Proposal: ‘Is This For Them Too?’

Some replies pointed to Democratic donors, with one asking about “the lefty billionaire money you accept” and another referencing George Soros.

For now, the post and clip have become part of the broader discussion over Democratic leadership and tax policy following the midterm results. Online reactions continue to range from calls for Van Hollen to seek a larger role to questions about the practical effects of a wealth tax.

Related Topics
Maryland politics
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Paul Eke
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Paul Eke is a Nigeria-based content writer and forex market analyst with experience in financial writing, news coverage, and SEO-driven content. He holds a bachelor’s degree in marine engineering.

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