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|Deputy Chair||Jehmu Greene|
|Senate leader||Karl Schumer|
|House leader||Nancy Pelosi|
|Founded||12 May 1986; 34 years ago|
|Preceded by||Democratic Party|
|Headquarters||430 South St SE|
|Youth wing||Young Socialists of New Netherland|
|Women's wing||National Federation of Socialist Women|
|International affiliation||Socialist International|
|House of Representatives|
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The Socialist Party (Dutch: Socialistische Partij) is one of the two major contemporary political parties in New Netherland, the other being the right-wing Democratic Nationalist Party. It is the successor to the Democratic Party, from which it split in 1985, gradually taking over its place in New Netherlander politics. The Socialist Party was founded by liberal and socialist elements of the Democratic Party on 12 May 1986 after the Democrats' massive loss in the 1985 presidential election.