President Donald Trump appeared perplexed by the phrase “turn the volume up,” used by New York City mayoral-elect Zohran Mamdani in his victory speech. Trump admitted he didn’t understand Mamdani’s meaning, despite the phrase’s widespread interpretation as a call for Trump to listen to Mamdani’s message. Trump, however, suggested he might not take the advice so seriously. The two are expected to meet at the White House, with Trump anticipating a civil conversation despite their previous disagreements.
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Mayor-elect Zohran Mamdani announced on social media that he is seeking donations to fund his transition into office. Having raised $1 million, the campaign needs an additional $3 million to cover expenses like vetting resumes and planning policy implementation. Unlike the campaign, transitions do not receive public matching fees, prompting Mamdani to emphasize his reliance on smaller donations, with an average of $77 per donation so far, in contrast to Mayor Eric Adams’ significantly higher average donation amount. Mamdani hopes to use the funds to ensure a smooth transition, allowing his team to start delivering on day one.
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Zohran Mamdani, a New York City mayoral candidate, is proposing free childcare for all New Yorkers, potentially modeled after New Mexico’s new policy that eliminates income limits and copays. New Mexico funds its program through oil and natural gas revenue, allowing it to invest in a permanent fund and raise the minimum wage for childcare workers to $18 per hour. Mamdani’s plan would cost approximately $6 billion, funded by taxes on wealthy New Yorkers and corporations, and also includes matching pay with NYC Schools teachers’ salaries. Universal childcare aims to boost economic stability for families and attract and retain workers within the industry.
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In a public address, actor Jon Voight urged President Trump to “terminate” the mayoral election of Zohran Mamdani in New York City. Voight, who was appointed as a special ambassador to Hollywood by Trump, used the opportunity to express his concerns, citing fears of socialist policies and Islamophobic rhetoric in a video posted to social media. Despite Voight’s claims, the president lacks the legal authority to remove a mayor from office, and Mamdani, who identifies as a “democratic socialist,” won the election with a majority of the vote. Mamdani will assume office on January 1st.
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The Trump administration has enacted a rapid shift towards right-wing authoritarianism, marked by cuts to welfare programs and increased state repression. This period has been characterized by attacks on healthcare subsidies and the rise of an expanded ICE budget, with legal permanent residents facing threats of deportation for political actions. Meanwhile, the Democratic party finds itself at a crossroads. The recent victory of democratic socialist Zohran Mamdani in the New York City mayoral election demonstrates the potential for progressive success. However, the subsequent federal government shutdown, led by Senate Minority Leader Chuck Schumer, ended in a humiliating defeat for Democrats, highlighting divisions within the party.
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At CNBC’s Delivering Alpha conference, RXR CEO Scott Rechler and Rudin Management Co-Chairman Bill Rudin discussed the real estate market in New York City post-election. Despite concerns surrounding Mayor-elect Zohran Mamdani, the executives reported record levels of office leasing and ongoing investments, including a new building project by Ken Griffin. While acknowledging potential risks with the new administration, particularly regarding overseas investor sentiment, Rechler and Rudin expressed optimism, citing the city’s resilience and a need to attract young talent. Both executives emphasized the importance of collaboration between the public and private sectors to address housing affordability and other critical issues, with a focus on working with the mayor.
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New York City mayor-elect Zohran Mamdani is showing his support for striking Starbucks baristas by urging people not to patronize the chain. He stated that he would not be buying Starbucks while workers remain on strike, which has been organized amid stalled contract negotiations. This action comes after the company announced restructuring and the closure of hundreds of stores, leading to the union organizing its fourth strike since 2023. This move by Mamdani, a known ally of labor, is an early indication of how he may use his position as mayor.
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A recent YouGov poll indicates that New York City Mayor-elect Zohran Mamdani’s economic platform enjoys significant nationwide support. Despite only 31% of those surveyed saying they would have voted for him, a majority of respondents support policies like raising taxes on corporations and millionaires, implementing free childcare, and freezing rent for lower-income tenants. Data for Progress also found significant support for similar policies, suggesting that Mamdani’s focus on economic populism could offer Democrats a roadmap for future elections. His victory, along with similar messages from other politicians, underscores the increasing importance of addressing rising costs and corporate influence in political campaigns.
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Following the New York City mayoral election, Republican lawmakers expressed intentions to prevent Mayor-elect Zohran Mamdani from assuming office, fueled by unsubstantiated claims regarding his citizenship. These detractors, including high-profile figures, have requested investigations into Mamdani’s naturalization process, accusing him of communist and “terrorist” ties without providing evidence. Immigration law experts assert that such accusations are flimsy, as the process of denaturalization requires clear proof of fraud or material misrepresentation. These experts emphasize that there is no credible evidence to support these claims, highlighting the rarity and high standards required for revoking a person’s citizenship.
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Zohran Mamdani’s election as New York City’s mayor represents a significant upheaval in American politics, defying expectations and challenging the established order. Despite facing opposition, Mamdani, a Muslim socialist, secured a victory that generated unprecedented enthusiasm and highlighted the Democratic Party’s internal divisions. This win, coupled with the surprising strong showing of a disgraced former governor, has left the political establishment scrambling to understand the implications of this shift. This victory serves as a threat to the established order, and could potentially indicate a coming generational shift in the political landscape.
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John Q. Hosedrinker