Wall Street Wary of Zohran Mamdani's Mayoral Prospects

Wall Street Wary of Zohran Mamdani's Mayoral Prospects

Wall Street Wary of Zohran Mamdani's Mayoral Prospects Wall Street and the finance sector are expressing significant concerns over the possibility of frontrunner Zohran Mamdani becoming New York City's mayor. Many are hopeful he might moderate his policy positions, seeking productive cooperation despite fears of looming economic competitiveness issues.Mamdani's policies propose increasing taxes on the wealthiest, raising corporate tax rates, and…

Zohran Mamdani's rise shines a brighter spotlight on democratic socialists

On Sunday night in Queens, the vibrations from thousands of cheering Zohran Mamdani supporters reverberated throughout Forest Hills Stadium, as the audience burst into the same chant as speaker after speaker took the stage: “DSA, DSA.” Mamdani’s surge past former Gov. Andrew Cuomo in June’s Democratic primary for New York City mayor didn’t just put the 34-year-old state assemblyman on the political map. It also highlighted the Democratic Sociali…

Zohran Mamdani’s DSA allies make last ditch push for ‘show of force’ at ballot box ahead of NYC mayoral election

“I think there is some symbolic value to over 50%,” one NYC-DSA leader admitted on a podcast Wednesday. “We want the biggest possible base of support because that’s what’s going to lead the agenda that we want.