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Money & Business

Senators John Fetterman and Dave McCormick: Bipartisanship, Money in DC, Datacenters, Graham Platner

All-In with Chamath, Jason, Sacks & Friedberg · All-In Podcast, LLC

📅 2026-06-10 ⏱ 43 min listen · ~4 min read 🎙 John Fetterman and Dave McCormick

A sitting Democrat and Republican from the same swing state stress-test each other's talking points in real time, with actual numbers — on data centers, fentanyl, the filibuster and what their races cost.

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✨ Transcribed & summarised by Whipscribe
In this episodeGraham PlatnerJosh ShapiroChuck SchumerElizabeth WarrenJoe ManchinKyrsten SinemaDonald TrumpJohn McCainBob CaseyHomer City power plantBerwick, PennsylvaniaInvest America Council

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Notable quotes

“The entire Democratic Party, including myself, we were so wrong about the filibuster.” John Fetterman · at 10:30 —
“Vote me out if you think it's okay to give China a benefit to win the AI race.” John Fetterman · at 35:04 —

What this episode covers

The besties get both of Pennsylvania's sitting senators — Democrat John Fetterman and Republican Dave McCormick — on stage together in front of a live audience, and the two lean hard into their double act: the only two candidates in their respective cycles to flip Senate seats, both elected by the same working-families coalition of electricians, pipe fitters and steam fitters, and both refusing to shut the government down. McCormick frames the AI moment as possibly 'the most consequential moment in humankind'; Fetterman spends the hour cataloguing where he breaks with his own party, starting with its push for a data-center moratorium, which he calls a China-first policy.

J.Cal opens the hostile questioning: record-low Senate approval, $40 trillion in debt, soaring inflation. Fetterman's answer is that energy prices are up because the president held Iran accountable — he says he's the only Democrat who agrees with that — and that $5-a-gallon gas will 'seem quaint' next to a nuclear Iran. He then delivers a full mea culpa on the filibuster: the entire party, himself included, wanted it gone in 2020, history vindicated Manchin and Sinema for saving it, and defending it is now a hill he'd die on. McCormick counters the do-nothing charge with the border, fentanyl deaths in Pennsylvania falling from 4,000 to 1,600 in a year, and the energy agenda, while conceding the debt is the intractable problem nobody is touching. Pressed by Chamath on the bottom half of the K-shaped economy — median Pennsylvania income is $52,000, and these are the same towns globalization gutted — McCormick's answer is Invest America accounts and the $1,700 school-choice provision in the Working Families Tax Credit Act: Carnegie-style redistribution routed around the government.

The back half is the data-center war on the ground. McCormick gets roughly 100,000 constituent contacts a week and says opposition is swelling, driven partly by Chinese-funded misinformation; his answer is a clear 'covenant' with townships on energy, water and tax base. He points to the $92 billion committed at his Pennsylvania energy summit and the Homer City conversion — 4.4 gigawatts at a former coal plant, 3.4 to a data-center complex, one back to the grid — and both senators reach for the fracking analogy: fifteen years from feared methane menace to broad support, once the royalties showed up. Sacks draws out the blue-collar boom case: construction wages up 25 to 30 percent, seasoned welders and electricians clearing $100,000, and about two logistics jobs for every data-center job.

On politics itself, Fetterman goes after Graham Platner — the Maine candidate with a Nazi tattoo who called an American soldier something unprintable and the Army 'absolute trash' — and at mainstream Democrats campaigning for him anyway. He says he can absolutely be primaried and doesn't care: he votes the Democratic line 93 percent of the time but won't call Trump a fascist or run on rage bait. The closer is money: McCormick's race cost $500 million, Fetterman's 2022 race a then-record $330 million, and both would rather see that money spent on Pennsylvania.

About the guest

J
John Fetterman and Dave McCormick

Pennsylvania's two sitting U.S. senators: Fetterman, the Democrat who flipped the seat in 2022, and McCormick, the Republican West Point graduate and 25-year businessman who flipped his in 2024. Both grew up in rural Pennsylvania and have made joint bipartisan appearances a deliberate practice.

Key takeaways

01Fetterman and McCormick flipped Pennsylvania Senate seats in back-to-back cycles off the same coalition of electricians, pipe fitters and steam fitters.
02Fetterman calls the 2020 Democratic push to kill the filibuster a collective mistake and now says defending it is a hill he would die on.
03Fetterman breaks with his own party on Iran and on the data-center moratorium, which he calls a China-first policy, and refuses to call Trump a fascist.
04McCormick's evidence of progress: Pennsylvania fentanyl deaths down from 4,000 to 1,600 in a year, and $92 billion committed at his state energy summit.
05Homer City is converting 4.4 gigawatts of former coal capacity, with 3.4 going to a data-center complex and the rest back to the grid.
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