Economist Steve Moore discusses New York City mayoral candidate Zahran Mamdani on “The Bottom Line.”
Connecticut Democratic Governor Ned Lamont warned against Zahran Mamdani’s victory in New York City mayor race Given the impact his policies could have on Wall Street.
In an interview with Bloomberg Television, Lamont also hinted at the influence next door Connecticut’s financial ecosystem.
“New York City is the financial capital of the world, and we are a big part of it here,” Lamont said at the Greenwich Economic Forum on Tuesday. “I want to make sure the next mayor understands how important New York City is to this system, and that’s important to Connecticut.”
“Escape from New York”: Researcher predicts business exit in New York City if Zahran Mamdani wins
New York City mayoral candidate Zahran Mamdani speaks to supporters at a Canvass launch event in Prospect Park, August 17. (Deirdre Heavey/Fox News Digital/Fox News)
Lamont’s comments come as Democratic-Sovereign candidate Mamdani, 33, continues to… Wall Street and the broader business community with its left-wing platform.
His campaign promises include a rent freeze, free child care, and the creation of government-run grocery stores, all funded by higher taxes on corporations and wealthy New Yorkers.
NY State DEM Chairman refuses to endorse Mamdani, causing a major rift in the party
Connecticut Democratic Gov. Ned Lamont is warning what the impact could be on Wall Street and his state if New York City mayoral candidate Zahran Mamdani is to be elected. (AP Photo/Jessica Hill/AP Images)
After a primary victory over former New York Governor Andrew Cuomo, Mamdani is now leading the race after current New York City Mayor Eric Adams withdrew from the competition.
Lamont warned against instability in New York The financial landscape could easily ripple into Connecticut’s economy if Mamdani succeeds.
Lamont says the instability in New York’s financial landscape following a potential Mamdani Myc Myoral win could spill over into Connecticut’s economy. (Michael Nagle / Getty Images / Getty Images)
At the same time, Lamont emphasized that Connecticut remains a haven of relative stability for financial companies.
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“They know where the state is going, and taxes are a little lower,” he said, adding that Democratic conservatives like himself are focused on hands-on leadership.
“Governors have to balance the budget. They have to do it on time. Governors can’t shut down the government.”
Lamont’s campaign and Mamdani’s campaign did not immediately respond to Fox Business’ request for comment.
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