New Democrats, also known as centrist Democrats, Clinton Democrats, or moderate Democrats, are a centrist ideological faction within the Democratic Party in the United States. As the Third Way faction of the party, they are seen as culturally liberal on social issues while being moderate or fiscally conservative on economic issues. New Democrats dominated the party from the late 1980s through the early-2010s, and continue to be a large coalition in the modern Democratic Party.
With the rise of progressivism in 2016 and 2020 amidst the presidential campaigns of Bernie Sanders, and that of the right-wing populism of Donald Trump, New Democrats began to change and update their ideological positions. Debates over tax cuts on capital gains have been reconfigured to removing caps on state and local tax deduction (SALT).