{"id":235704,"date":"2026-03-25T11:21:08","date_gmt":"2026-03-25T11:21:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/235704\/"},"modified":"2026-03-25T11:21:08","modified_gmt":"2026-03-25T11:21:08","slug":"californias-ro-khanna-was-riding-high-then-came-the-billionaires","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/235704\/","title":{"rendered":"California&#8217;s Ro Khanna was riding high, then came the billionaires"},"content":{"rendered":"<p><img alt=\"Rep. Ro Khanna speaks at Stanford University alongside Sen. Bernie Sanders at an event titled \u201cWho Controls the Future of AI: The Oligarchs or the People\u201d on Feb. 20, 2026.\" loading=\"eager\" fetchpriority=\"high\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-gray200 mnh0px fill\"\/><\/p>\n<p>Rep. Ro Khanna speaks at Stanford University alongside Sen. Bernie Sanders at an event titled \u201cWho Controls the Future of AI: The Oligarchs or the People\u201d on Feb. 20, 2026.<\/p>\n<p>Santiago Mejia\/S.F. Chronicle<\/p>\n<p>WASHINGTON\u00a0\u2014 As fall drew to a close, Rep. Ro Khanna was riding high.\u00a0<\/p>\n<p>The Santa Clara Democrat had just scored the <a href=\"https:\/\/www.sfchronicle.com\/politics\/article\/epstein-file-vote-21195195.php\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">biggest legislative victory of his career<\/a>, forcing the release of investigative files related to the late sex offender Jeffrey Epstein over the objections of President Donald Trump, and turbocharging his national profile in the process.<\/p>\n<p>Then came six words. Shortly after Christmas, amid reports of California billionaires fleeing the state to avoid a proposed wealth tax, Khanna posted a sarcastic, Franklin Roosevelt-referencing retort <a href=\"https:\/\/x.com\/RoKhanna\/status\/2004776831501947267?s=20\" data-link=\"native\" class=\"\" rel=\"nofollow\">on social media<\/a>: \u201cI will miss them very much.\u201d<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>The sentiment jolted Silicon Valley executives and crystallized the tension <a href=\"https:\/\/www.sfchronicle.com\/politics\/article\/Ro-Khanna-s-quest-to-marry-Silicon-Valley-13904083.php\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">inherent to Khanna\u2019s political rise<\/a>: the richest congressional district in the country is represented by a close Bernie Sanders ally who has made wealth inequality a central cause. A group of tech leaders quickly mobilized to recruit a challenger and, earlier this month, little-known entrepreneur <a href=\"https:\/\/www.sfchronicle.com\/politics\/article\/ethan-agarwal-ro-khanna-21944036.php\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">Ethan Agarwal entered the race<\/a> on a platform that Khanna has lost touch with the values of his own community.<\/p>\n<p>If his critics dig into their deep pockets to mount a serious campaign, it would be the most consequential threat to Khanna\u2019s political future since he arrived in Congress nearly a decade ago.<\/p>\n<p>San Francisco Chronicle Logo<\/p>\n<p>Make us a Preferred Source to get more of our news when you search.<\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=sfchronicle.com\" data-link=\"native\" role=\"button\" aria-label=\"Add Preferred Source\" class=\"td300 cp f aic jcc disabled:cd wsn px24 y40px px16 py8 buttonSm fs13 xs:fs16 xs:buttonLg bg-primaryAccessible hover:o80 c-white disabled:bg-gray300 disabled:c-gray600 border bn tac br2\"><\/p>\n<p>Add Preferred Source<\/p>\n<p><\/a><\/p>\n<p>Yet, buoyed by a growing fan base across the country, Khanna hardly seems worried, telling the Chronicle bluntly in an interview, \u201cI\u2019ve never been at a more popular place in the district.\u201d He recently doubled down on the wealth tax by <a href=\"https:\/\/www.sanders.senate.gov\/press-releases\/news-sanders-and-khanna-introduce-legislation-to-tax-billionaire-wealth-and-invest-in-working-families\/\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">introducing a national version<\/a> with Sanders, and he\u2019s more eager to talk about how Democrats can win back Trump voters, of which there are few in his South Bay district.<\/p>\n<p>As he lays the groundwork for a presidential bid, seeking to assume Sanders\u2019 progressive populist mantle in the 2028 Democratic primary, perhaps Khanna couldn\u2019t ask for a more perfect opportunity to burnish his credentials than a fight with billionaires.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>\u201cThe most important quality in modern American politics is courage,\u201d he said. \u201cThis is a proof point that I\u2019m willing to stand up for my convictions, even against the most powerful people in my own district.\u201d<\/p>\n<p>Is Khanna winning his reelection campaign, even if he loses?<\/p>\n<p>Ambition on display<\/p>\n<p>That Khanna has his eye on the White House is barely veiled subtext to everything he does these days. Between endless media hits, frequently on conservative shows and podcasts, and <a href=\"https:\/\/www.wmur.com\/article\/khanna-new-hampshire-epstein-files\/70739030\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">visits to early-voting states<\/a> such as South Carolina and New Hampshire, he is working hard to thrust himself onto the list of serious presidential contenders.<\/p>\n<p>As a fifth-term member of the House of Representatives, a vanishingly rare launching pad to the presidency, Khanna would be an unconventional choice\u00a0\u2014 though that\u2019s seemingly built into his pitch that Democrats need to clear out the old guard that led the party to defeat by Trump twice.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>Khanna reached a new political apex last year, after working with Republican Rep. Thomas Massie of Kentucky on a discharge petition to compel disclosure of the highly sought Epstein files, which Trump campaigned on releasing and then abandoned. What began as a seemingly quixotic quest turned into an underdog triumph that <a href=\"https:\/\/www.sfchronicle.com\/politics\/article\/epstein-files-trump-democrat-california-21171174.php\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">not only grabbed the spotlight in Washington<\/a> but briefly consumed the entire country\u2019s attention.<\/p>\n<p>With an old school embrace of bipartisanship, Khanna now touts it as the roadmap for Democrats back to the White House.\u00a0<\/p>\n<p><img alt=\"From left, Rep. Ro Khanna, D-Calif., Rep. Thomas Massie, R-Ky., and then-Rep. Marjorie Taylor Greene, R-Ga., discuss the\u00a0Epstein Files Transparency Act at the U.S. Capitol in Washington, D.C., on Nov. 18, 2025.\u00a0\" loading=\"lazy\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-gray200 mnh0px fill\"\/><\/p>\n<p>From left, Rep. Ro Khanna, D-Calif., Rep. Thomas Massie, R-Ky., and then-Rep. Marjorie Taylor Greene, R-Ga., discuss the\u00a0Epstein Files Transparency Act at the U.S. Capitol in Washington, D.C., on Nov. 18, 2025.\u00a0<\/p>\n<p>DANIEL HEUER\/TNS<\/p>\n<p>Unlike firebrands such as California Gov. Gavin Newsom or Illinois Gov. JB Pritzker\u00a0\u2014 whose strategy of merciless confrontation with Trump has galvanized frustrated liberals and boosted their shot at the presidency\u00a0\u2014 Khanna emphasizes building ties across the ideological aisle. He suggests that if Democrats stop shaming Trump voters and listen to their concerns, his party can make an argument based on reason and ideas to a broader swath of the country.<\/p>\n<p>It\u2019s a quaint notion in an era of extreme political division. Expect Democrats to spend much of the 2028 primary campaign grappling with whether it presents a realistic path to regain power.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>But Khanna argues that, though his politics are far left of the center, the victory on the Epstein files gave him credibility with a segment of Trump\u2019s MAGA base that otherwise disagrees with him on most issues and thus an opening to make his case for \u201ca new moral vision.\u201d<\/p>\n<p>\u201cWe have scrambled the political coalition,\u201d he said. \u201cThis is the first time since Donald Trump came down the escalator that the Democrats are successfully engaged with any Trump voters.\u201d<\/p>\n<p>Winning over MAGA<\/p>\n<p>Khanna aims to build on that momentum by championing the anti-interventionist platform that Trump has steadily abandoned since returning to office. He and Massie partnered again on a war powers resolution to pull U.S. forces out of Iran, which <a href=\"https:\/\/apnews.com\/article\/house-vote-iran-war-powers-resolution-trump-5d7d93c7793802881d9cde042220d7bc\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">narrowly failed earlier this month<\/a>.<\/p>\n<p>He also hammers accountability for a corrupt elite that he has dubbed \u201cthe Epstein class\u201d and economic development for communities that will be hollowed out as artificial intelligence replaces jobs. Khanna believes this is a unifying agenda that can bring enough Trump voters back into the fold to return Democrats to power, though to what end he\u2019s less certain.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>\u201cI think the country wants more issues like that,\u201d he said. \u201cCan I get the Ro Khanna progressive agenda on that? Probably not. But are there two or three other big things that we could do? Yes. Can I tell you right now what they are? No, because I couldn\u2019t have told you that the Epstein Act would be it.\u201d<\/p>\n<p>For the moment, Khanna remains stuck as a nonfactor in <a href=\"https:\/\/www.racetothewh.com\/president\/2028\/dem\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">early polling on the Democratic primary<\/a>, often receiving 0% in surveys that bother to include him at all. But his message has begun to break through in some circles.<\/p>\n<p>The executive director of The American Conservative magazine, which was founded in 2002 to oppose the Iraq War, has publicly stated in recent months that he would prefer Khanna as president over Secretary of State Marco Rubio or other Republicans committed to a foreign policy driven by Israel\u2019s priorities more than the United States.<\/p>\n<p>In an interview, Curt Mills said Khanna\u2019s forceful condemnations of the Iran war have been refreshing compared with the limp pushback by the Democratic establishment. While he does not agree with Khanna\u2019s economic policies, including the wealth tax, Mills sees him as the type of populist Democrat who could appeal to more independent-minded voters that flipped from backing former President Barack Obama or Sanders to Trump.<\/p>\n<p>\u201cHe\u2019s the only one I could imagine supporting,\u201d Mills said. \u201cThe fact that he\u2019s even caring about reaching MAGA voters is heartening and good for the country.\u201d<\/p>\n<p>Losing the Silicon Valley elite<\/p>\n<p>To get there, of course, Khanna first needs to win a sixth term.\u00a0<\/p>\n<p>Despite being repeatedly and overwhelmingly reelected to his liberal seat\u00a0\u2014 stretching from Fremont around the bay to Cupertino, it is the home of tech giants including Apple\u00a0\u2014 Khanna has a somewhat uneasy relationship with Silicon Valley. Between his first run in 2014 and two years later, when <a href=\"https:\/\/www.sfchronicle.com\/politics\/article\/Mike-Honda-fights-for-political-life-in-nasty-10418651.php\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">he took out the longtime incumbent<\/a>, Khanna began a political transformation from <a href=\"https:\/\/www.sfchronicle.com\/politics\/article\/ro-khanna-stresses-tech-in-challenge-to-mike-honda-4563883.php\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">voice for the tech industry<\/a> to economic populist who supported a vast expansion of social programs and railed against the elite.<\/p>\n<p>Khanna still calls Silicon Valley \u201can extraordinary place to represent,\u201d a region that is shaping the future like Athens or Florence once did. But he speaks now of the need for a \u201cnew tech social contract\u201d where the industry steps up to address economic inequality, because \u201cwe will not have a country if we continue down the road\u201d of having \u201cislands of prosperity and seas of despair.\u201d<\/p>\n<p><img alt=\"Rep. Ro Khanna holds a town hall meeting at\u00a0MLK Community Center in Bakersfield on March 23, 2025\u00a0as part of an attempt to speak out against\u00a0DOGE and President Donald Trump and drum up support to flip red districts in 2026.\" loading=\"lazy\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-gray200 mnh0px fill\"\/><\/p>\n<p>Rep. Ro Khanna holds a town hall meeting at\u00a0MLK Community Center in Bakersfield on March 23, 2025\u00a0as part of an attempt to speak out against\u00a0DOGE and President Donald Trump and drum up support to flip red districts in 2026.<\/p>\n<p>Scott Strazzante\/S.F. Chronicle<\/p>\n<p>That includes supporting the California wealth tax proposal, which unions are collecting signatures to place on the November ballot. It would tax billionaires 5% of their wealth to bolster public health programs following funding cuts by the Trump administration.<\/p>\n<p>The measure has <a href=\"https:\/\/www.sfchronicle.com\/california\/article\/billionaire-tax-economy-21330111.php\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">infuriated some tech leaders<\/a>, particularly a provision that would treat voting shares on corporate boards as wealth. They argue it would undermine Silicon Valley by reducing the availability of investment capital and making it a less attractive environment for startups. Some industry figureheads, including the founders of Google, have reportedly already cut ties with the state to escape qualifying for the tax.<\/p>\n<p>Among the most vocal critics is Garry Tan, CEO of the venture capital firm Y Combinator, who rails to his large online following that Khanna is destroying prosperity with asset seizure and turning his back on his district to improve his presidential prospects. Tan spearheaded the push to recruit a challenger.<\/p>\n<p>\u201cThis is about policy alignment and the increasingly performative nature of our politics,\u201d he said in an email. \u201cIt\u2019s a recognition that California\u2019s economic foundation is fragile. We\u2019ve already seen companies and talent leave. So when proposals come forward that could accelerate that trend, people who build companies are going to speak up.\u201d<\/p>\n<p>The tweet heard \u2019round the Valley<\/p>\n<p>Though Khanna concedes he might have handled his controversial social media post better, he said he was reacting to an attitude he found genuinely offensive and which is at the root of a seething anger in the electorate: the sense that the wealthy play by different rules.<\/p>\n<p>\u201cWe\u2019re all part of a democratic society. If they pass a law that I don\u2019t like, I figure out how to live with it. I don\u2019t just say, \u2018OK, I\u2019m gonna get up and leave,\u2019\u201d he said. \u201cCould I have done a better job after that in articulating a sense of openness to how we design taxing billionaires and a conversation instead of just going back and forth on Twitter? I\u2019m sure I could have done that\u00a0\u2014 and I have now.\u201d<\/p>\n<p><img alt=\"Protesters march during a People Over Billionaires protest in the Pacific Heights neighborhood of San Francisco on Nov. 15, 2025.\" loading=\"lazy\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-gray200 mnh0px fill\"\/><\/p>\n<p>Protesters march during a People Over Billionaires protest in the Pacific Heights neighborhood of San Francisco on Nov. 15, 2025.<\/p>\n<p>Stephen Lam\/S.F. Chronicle<\/p>\n<p>Khanna said he spoke with some Silicon Valley leaders and conveyed their concerns to the union leaders behind the wealth tax proposal to open a dialogue about avoiding capital flight.<\/p>\n<p>He has no regrets, however. Khanna takes credit for pushing forward a necessary debate, pointing to alternative tax proposals that tech billionaires such as <a href=\"https:\/\/fortune.com\/2026\/03\/05\/vinod-khosla-interview-california-billionaire-tax-not-leaving-the-state\/\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">Vinod Khosla<\/a> have suggested since then.<\/p>\n<p>\u201cWhere were all of them before I spoke out? I didn\u2019t see all these proposals of tackling wealth inequality and tackling billionaire wealth,\u201d Khanna said. \u201cWe have spawned a conversation.\u201d<\/p>\n<p>\u2018I don\u2019t want him to sell his soul\u2019<\/p>\n<p>Ultimately, Khanna and his allies don\u2019t expect the kerfuffle to make much noise outside of social media\u00a0\u2014 certainly not enough to swing the race against him. His district, he notes, voted for Sanders in the 2020 Democratic primary. Perhaps a local leader like San Jose Mayor Matt Mahan, who passed to run instead for governor, could have put up a \u201creal fight,\u201d Khanna said, but he doesn\u2019t think money alone is going to move the needle.<\/p>\n<p>\u201cTech is not a monolithic thing,\u201d said Ben Linder, a retired entrepreneur from Palo Alto who has become close to Khanna through local progressive activism. \u201cNot everyone makes over a million dollars a year in this ecosystem.\u201d<\/p>\n<p>Linder said one disagreement about economic policy will not override the appreciation that most of Silicon Valley has for Khanna\u2019s tech advocacy in Congress, including helping secure billions of dollars in <a href=\"https:\/\/www.sfchronicle.com\/politics\/article\/Groundbreaking-tech-R-D-bill-clears-Senate-16234268.php\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">new research and development funding<\/a> under President Joe Biden. He warned that elite critics of the wealth tax proposal are the ones who may be going too far.<\/p>\n<p>\u201cIt\u2019s pretty ironic that those who have risen to the top of the meritocracy all of a sudden want to turn their back on the rest of the country,\u201d Linder said. \u201cSilicon Valley only makes people billionaires if the rest of the world buys it. So at some point, there\u2019s a codependence.\u201d<\/p>\n<p>If Agarwal begins gaining steam, organized labor could step in to defend Khanna. The California Labor Federation, which has its own vast financial resources plus armies of volunteers to canvas, recently endorsed him. President Lorena Gonzalez said the primary challenge is \u201ca prime example of how out-of-touch Silicon Valley billionaires are.\u201d<\/p>\n<p>For Khanna\u2019s fiercest supporters, it\u2019s also a signal that he\u2019s on the right track.<\/p>\n<p>Harpreet Grewal, a constituent from Fremont, had never contributed to a politician before Khanna\u2019s 2014 congressional campaign. The former tech worker and owner of a chain of child care centers considers himself a more moderate Democrat than Khanna, but was drawn to the progressive for championing common people over billionaires and powerful lobbyists.<\/p>\n<p>\u201cIf he\u2019s getting shot back at, great for him,\u201d Grewal said. \u201cI\u2019d rather have him lose, I\u2019d rather have another candidate win, but I don\u2019t want him to sell his soul.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Rep. Ro Khanna speaks at Stanford University alongside Sen. Bernie Sanders at an event titled \u201cWho Controls the&hellip;\n","protected":false},"author":2,"featured_media":235705,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[7,9,8,13,2013],"class_list":{"0":"post-235704","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-california","8":"tag-california","9":"tag-california-headlines","10":"tag-california-news","11":"tag-politics","12":"tag-us-and-world"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/235704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=235704"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/235704\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/235705"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=235704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=235704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=235704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}