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Fmr. New York Gov. Andrew Cuomo: Businesses will leave if Zohran Mamdani wins mayoral race
CNBC Television· 2025-08-01 16:19
Political Landscape - The Democratic Party is experiencing a schism between socialist and mainstream factions [2] - A socialist candidate is running on the Democratic line, while a Democrat is running as an independent [3] Business Concerns - Businesses are likely to leave the city if Mamdani wins due to his anti-corporate and anti-capitalist stance [4][5] - Mamdani's philosophy of government control over production and free government-run grocery stores is alarming to the business community [4][5] - Post-COVID mobility allows businesses and wealthy individuals to relocate, exacerbating the potential for economic flight [5] Election Dynamics - The mayoral election primary had a low turnout of about 20% of registered voters [6][7] - The election is considered shocking and alarming due to anti-Semitism and the prospect of electing a socialist [7] - The candidate's lack of experience in managing a large organization and budget is a concern [8] Voter Motivation - High rates of anti-Semitism in the city and the large Jewish population outside of Israel are significant issues [7][8] - The election presents a dramatic shift, motivating people to vote [9][10]
X @BBC News (World)
BBC News (World)· 2025-07-05 17:40
Trump's 'Shylock' comment draws outcry from Jewish groups https://t.co/KGtRggQtOQ ...
Lazard CEO: 'I think the Democratic Party needs to decide what it stands for'
CNBC Television· 2025-06-26 22:15
as a CEO who obviously has a workforce based in New York. Uh I you know what what will be your reaction. Will you change any of your strategic plans in terms of investing and or how you view your workforce if mom Donnie becomes the mayor.There are a lot of hypotheticals uh built into that question. First let's see what happens in the general election here in New York. Uh and then we have to see what policy changes uh happen.I would say that we are very committed to New York. the bar would be high for us to ...