🗽 EXCLUSIVE: Some Business Leaders Embrace Mamdani—While Others Plot Resistance.

🗽 EXCLUSIVE: Some Business Leaders Embrace Mamdani—While Others Plot Resistance.

by Yeyetunde at Jul 7, 2025

🗽 The News as It Trends

Too Young to Fight, Too Loud to Ignore: Mamdani’s Takeover Begins

After Zohran Mamdani’s stunning victory in New York City’s Democratic mayoral primary, the city’s business elite is deeply divided.

Some corporate leaders are now quietly reaching out, recognizing that Mamdani is likely to become the next mayor and a force they must learn to work with.

Lobbyists and strategists are poring over his speeches and policy proposals, preparing to navigate a radically different City Hall.

New York City, home to over 8.4 million people, is not just the most populous city in the U.S., it’s one of the most economically influential cities in the world.

The mayor oversees a budget larger than that of most U.S. states, with spending power that touches everything from housing to transit to education.

Mamdani’s platform includes a rent freeze, fare-free buses, city-owned grocery stores, and universal childcare — funded by taxing the wealthy and corporations.

While some in the business community are preparing to engage, others are digging in.

Several major donors are reportedly backing opposition campaigns, fearing Mamdani’s democratic socialist agenda could destabilize the city’s economic foundation.

Critics argue his policies are unrealistic and fiscally dangerous, especially given the city’s legal debt limits and reliance on state cooperation.

Despite the backlash, Mamdani’s campaign has energized a new generation of voters.

Polls show Millennials and Gen Z are expected to turn out in record numbers this November, drawn to his bold promises and grassroots style.

Once dismissed as a fringe candidate, Mamdani is now the darling of the progressive left, reshaping the city’s political future in real time.

With November approaching, the business class is recalibrating: resist him — or find a way to work with him.

Yetunde B reports for Yeyetunde’s Blog. 

Image / Zohrah Mamdani Kwame / Instagram.

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