US Edition
Former Obama Treasury secretary: Mamdani policies not ‘good for New York’
- Zohran Mamdani secured the Democratic nomination for New York City mayor on Tuesday by advocating to raise property taxes on wealthier, predominantly white neighborhoods.
- Mamdani justified the tax plan as an assessment of undertaxed versus overtaxed neighborhoods and insisted it was not about skin color but economic fairness.
- Jack Lew, a former top economic official under Presidents Obama and Biden, strongly criticized Mamdani's socialist agenda, describing the proposed policies as unrealistic and detrimental to New York.
- Lew warned Mamdani would face challenges implementing his agenda due to state-level approvals and noted, "There's no bipartisan conversations going on," expressing concern about the city’s future.
- Mamdani's nomination triggered warnings of a taxpayer exodus and revenue loss, while centrist Democrats and Republicans remain wary of the impact on New York's governance and economy.
8 Articles
8 Articles
Former U.S. Treasury Secretary Jack Lew, who served in the administration of former President Barack Obama, harshly criticized on Wednesday during a CNBC interview with New York City’s Democratic candidate for mayor Zohran Mamdani for several of his proposals based on socialist initiatives. Among the many controversial measures promised by the far-left politician are free bus transportation, rent freezes if elected, and even free childcare.
Former Treasury Secretary Jack Lew, who served under President Barack Obama, has criticized New York City mayoral candidate Zohran Mamdani's policies. A self-described democratic socialist, Mamdani became the Democrats' mayoral candidate Tuesday.
Ex-Treasury Secretary Lew: Mamdani’s Ideas Bad for NYC
Former Treasury Secretary Jack Lew, who served under President Barack Obama, has criticized New York City mayoral candidate Zohran Mamdani's policies. A self-described democratic socialist, Mamdani became the Democrats' mayoral candidate Tuesday, when results of the city's ranked choice voting were released. The election is in November. Appearing on "The Master Investor Podcast With Wilfred Frost," Lew blasted Mamdani for his socialist policy pr…
Ex-Obama Treasury Secretary Jack Lew Sounds Alarm On NYC Under Zohran Mamdani: 'I Worry Deeply'
With Zohran Mamdani officially securing the Democratic nomination in the New York City mayoral race, centrist figures within the Democratic party, such as former Treasury Secretary Jack Lew, are raising questions on the city’s future under a self-described Democratic Socialist. What Happened: Appearing on The Master Investor podcast on Wednesday, Lew, who served in the Obama and Clinton administrations and was most recently U.S. ambassador to Is…
Coverage Details
Bias Distribution
- 57% of the sources lean Right
To view factuality data please Upgrade to Premium
