Trump Softens Tone After 'Very Productive' Meeting With NYC Mayor-Elect Zohran Mamdani On Affordability Crisis - Consolidated Edison (NYSE:ED), Walmart (NYSE:WMT)

Core Points - President Trump praised Mayor-elect Zohran Mamdani for his successful campaign and expressed hope for his tenure as mayor [1] - The meeting primarily addressed New York City's affordability crisis, impacting its 8.5 million residents, focusing on issues like rent, groceries, and utilities [2] - Both leaders agreed on the importance of housing development to alleviate affordability issues, with a shared goal of increasing construction to lower rents [3] - Despite political differences, the meeting emphasized collaboration for the benefit of New Yorkers, with Mamdani reaffirming his previous critical remarks about Trump [4] - Trump softened his stance on federal funding, indicating support for Mamdani despite earlier threats to cut funding if he was elected [4]