New York City’s newly elected mayor has promised sweeping changes when he takes office, including a rent freeze and universal free childcare. But his democratic socialist messaging, critics say, has put some New Yorkers on edge.

City Councilwoman Inna Vernikov, whose family fled the Soviet Union, said she is "absolutely devastated" by what she called the city’s shift toward socialism.

"The former Soviet Union was a communist country, and we fled here in the 80s and 90s for capitalism, for the free market economy, for the American dream," Vernikov said Saturday as part of a panel on "FOX Business In Depth: Socialism Threat and the Future of Capitalism."

"We became doctors, we became lawyers. I'm a member of the government in the largest city in the world, and the idea that everything w

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