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Treasury Secretary Scott Bessent Offers Economic Advice to Zohran Mamdani

Treasury Secretary Scott Bessent commended Mamdani's campaign but questioned the feasibility of his policies to ensure affordability and city services, citing practical governance challenges.

  • In the Oval Office on Friday, Treasury Secretary Scott Bessent discussed Zohran Mamdani, New York mayor-elect, meeting President Donald Trump, speaking publicly on CNBC on Tuesday, November 25.
  • Zohran Mamdani, New York mayor-elect, has appointed hundreds to transition committees as he prepares to take office next year, following tensions after President Donald Trump vowed to withhold federal funding.
  • Bessent offered blunt feedback, calling Mamdani `a young man with a lot of old ideas that have never worked` while praising it as `a great, great campaign`.
  • On Sunday, Kevin Hassett said the White House will `wait and see` how Mamdani governs, while Hochul stated the Big Apple is `in a better place` after the meeting.
  • With hundreds named to transition committees, Zohran Mamdani faces scrutiny as Treasury Secretary Scott Bessent pressed for examples of successful policies ahead of next year's implementation test.
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One News Page broke the news in on Monday, November 24, 2025.
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