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New York Post
6 days ago
- Business
- New York Post
LI's Suffolk county offering tax breaks to NYC companies who relocate if Mamdani becomes mayor
Forget, Florida — come out East! Suffolk County will offer tax breaks to Big Apple companies to relocate there if Democratic Socialist Zohran Mamdani is elected mayor of New York City, the Long Island region's top official said Sunday. 'If Mr. Mamdani wins, I'm going to encourage many of the corporations that do business in New York City [to] come to Suffolk' about 70 miles east, County Executive Ed Romaine said on WABC 770 AM's 'Cats Roundtable' show. Advertisement Suffolk County Executive Ed Romaine is urging New York City corporations to relocate to Suffolk if Democratic candidate Zohran Mamdani is elected mayor. Dennis A. Clark 'We're going to give them tax breaks. They're going to be able to do better,' Romaine told host John Catsimatidis. Romaine made his alluring pitch to CEOs after Catsimatidis told him that Florida officials are trying to recruit Big Apple CEOs to relocate their firms to the Sunshine State, where many New York transplants already live. Advertisement Romaine said there's no need to travel that far south. 'Come out to Suffolk,' Romaine said. Romaine, a Republican, said he doesn't believe that Mamdani, currently a 33-year-old state assemblyman representing Astoria and western Queens, has the experience and wisdom to run the nation's largest metropolis. Mamdani has proposed raising taxes on billionaires and corporations in the city. LP Media Advertisement He noted that Mamdani's proposed free-bus fare program for the city 'sounds great' — but said someone has to pay for it. Mamdani has proposed $9 billion in higher taxes on billionaires and corporations to subsidize such initiatives as free bus fares, expanded free childcare and more affordable housing. Every morning, the NY POSTcast offers a deep dive into the headlines with the Post's signature mix of politics, business, pop culture, true crime and everything in between. Subscribe here! 'The taxpayers who pay the taxes, how much are they going to put up with?' Romaine said. Advertisement He said New York state is already suffering from an exodus because of the high cost of living that includes hefty taxes. Mamdani campaign spokeswoman Dora Pekec responded in a statement to The Post, 'Working people are being pushed out of the city they built, and it's because of corrupt politicians like [former Gov.] Andrew Cuomo and [current Mayor] Eric Adams,' who are running against her boss in November. 'Zohran will make this city affordable, and deliver a quality of life that ensures New York City is a magnet for workers, businesses, and opportunity,' the rep said.


The Hill
27-07-2025
- Politics
- The Hill
Paul signals Jill Biden, Anthony Fauci could be looked at in autopen probe
Sen. Rand Paul (R-Ky.) said Sunday that former first lady Jill Biden and Anthony Fauci could be examined during Congress's autopen probe. President Trump has railed against his predecessor, former President Biden, for using the autopen to pardon individuals during his last few months in office. The president ordered a probe into the signatures on various pardons in June while GOP lawmakers requested interviews with several former White House staffers to testify before the House Oversight and Government Reform Committee. Some have pleaded the Fifth at some point during their testimonies. 'Even though Anthony Fauci has been pardoned, there is some question whether it's a legitimate pardon. His pardon wasn't signed by President Biden,' Paul said during an appearance on John Catsimatidis's radio show 'Cats Roundtable' on WABC 770 AM. 'It's unclear whether President Biden is mentally cognizant enough of the situation to know who he pardoned. Hundreds and hundreds of people were pardoned in a day by a mechanical signature from a machine. We do know there's been testimony from the people running the machine that they never talked to the president, that they talked to an assistant that works for the president's wife,' he added. Biden has previously argued that past administrations have used the autopen to sign government paperwork, proving its legality. However, Republicans have refused to let go of criticism regarding his signature on multiple pardons. 'Who knew that we weren't being run by Joe Biden, but we were being run by some kind of chief of staff that worked for his wife. That's something to a lot of Americans to know that that person was granting power of pardons and could have taken the country to war and was never elected,' Paul said. 'So I think the way the best way to sort this out is you have to go to court. And I think the easiest way to get this into court is they should indict Anthony Fauci for lying to Congress, and he will make a defense that he's been pardoned,' he added. Paul also pointed out that the autopen was not used to sign the pardon for Hunter Biden. 'I think there is a question whether these pardons are valid. Interestingly, when he had to do the pardon for his son, he didn't take any chances by running it for the auto pen,' Paul. 'The pardon for Hunter Biden for any crimes committed over the last 10 years, any crimes, was done by personal hand signature by Biden, not the auto pen.'


New York Post
13-07-2025
- Business
- New York Post
NYC Dems ‘recruiting people' to move to Florida by backing Mamdani, senator says: ‘Insanity'
New York City pols backing socialist Zohran Mamdani for mayor are just 'recruiting people to move to Florida,'' Sen. Rick Scott (R-Fla.) said Sunday — calling the situation 'insanity.'' 'Every elected official of New York on the Democratic side seems like they're just recruiting people to move to Florida. It's just insanity,' Scott said on WABC 770 AM's 'Cats Roundtable' program. 'Are you going to vote for somebody who wants to kill your job, ruin your kid's education and then also make you less safe? That's what they're doing,' the senator told host John Catsimatidis. 3 Mayoral candidate Zohran Mamdani comes uptown to the United Palace to receive an endorsement from Congressman Adriano Espaillat. Matthew McDermott 3 'Every elected official of New York on the Democratic side seems like they're just recruiting people to move to Florida. It's just insanity,' Sen. Rick Scott said on WABC 770 AM's 'Cats Roundtable' program. Getty Images 3 'Are you going to vote for somebody who wants to kill your job, ruin your kid's education and then also make you less safe? That's what they're doing,' the senator told host John Catsimatidis. 'Don't know what these Democrats think they are doing. Who do they represent? 'We're not going to do that in Florida,' Scott said. Florida politicians and business trade groups have been tripping over themselves to woo Big Apple CEOs and residents who are worried about the likelihood of Mamdani being elected mayor and pushing for tax hikes of up to $9 billion on the wealthy residents and corporations to pay for his agenda of more affordable housing, child care and free-bus fare fares. Boca Raton Mayor Scott Singer, for one, is rolling out the red carpet and beaches, along with Palm Beach County economic development officials and Florida's Council of 100 business leaders. The Mamdani campaign did not respond to a Post request for comment.


The Hill
13-07-2025
- Business
- The Hill
Navarro touts ‘Trumpnomics' in rant against Powell, Federal Reserve
White House senior trade adviser Peter Navarro touted 'Trumpnomics' in a recent interview during a rant against Jerome Powell, slamming the Federal Reserve chair as a 'pure partisan' actor who, in his view, is holding back the economy. 'So, here's the deal. It's like in the first term, when President Trump was in, Powell gets up to the chair, and the first thing he starts doing is raising rates, because he doesn't understand how powerful Trumpnomics is and be able to generate strong growth without generating inflation,' Navarro, a frequent critic of Powell, said during his appearance on John Catsimatidis radio show 'Cats Roundtable' on WABC 770 AM. 'He cost this country a full point of growth per year, which is just a lot of jobs, close to a million jobs,' he added. 'It's billions of dollars in tax revenues and so things. And then second, when he's in with Biden in order to get reappointed, he cozies up the Biden, pure partisan political c—, and he doesn't raise interest rates when Biden and then, God, the Democrat Congress are spending money like drunken sailors, driving the inflation rate. Not taking care of supply chains.' Trump and officials in his administration have criticized Powell in recent months over the central bank's decision to keep interest rates steady despite inflation cooling slightly. Powell has defended the decision not to reduce rates, with the Fed wanting to observe the effects of Trump's tax cut plans and trade agenda. The president has previously called for Powell, who was appointed by Trump in 2017 during his first White House term, to resign. Powell's term is set to expire in 2026. Trump said Friday that he will not fire Powell but ripped into the central bank's handling of interest rates. 'I think he's doing a terrible job. I think we should be 3 points lower, interest rates. He's costing our country a lot of money. We should be number one, and we're not and that's because of Jerome Powell,' Trump said. The White House accused Powell on Thursday of mismanaging the Fed's budget during renovations. 'We're in a situation where interest rates should be at least by now, 50 basis points or more lower than they are because what we're seeing in the data is inflation falling significantly. And Powell just doesn't get it,' Navarro said.


New York Post
07-07-2025
- Politics
- New York Post
EPA chief Lee Zeldin unveils Trump admin plan to give jolt to nuclear power plants, zap wind power
The Trump administration is aggressively paving the way to open more nuclear power plants while pulling back on wind power as expensive hot air, Environmental Protection Agency Administrator Lee Zeldin said Sunday. 'President Trump wants [nuclear plants] approved as quickly as possible … It just requires an agency like the EPA to get out of the way,' Zeldin said Sunday on WABC 770 the 'Cats Roundtable' program. He criticized his own agency for examples of 'gumming up the works' in ways that unnecessarily slowed energy projects including nuclear power. Advertisement 4 'President Trump wants [nuclear plants] approved as quickly as possible … It just requires an agency like the EPA to get out of the way,' Zeldin said Sunday. Zeldin said he wants to see Congress approve a law making it easier to license zero emissions nuke power plants, regardless of which political party is in charge of the White House in the future. 'That it's going to require less time, have less cost, and have more certainty. Nuclear is certainly a key part of the future … President Trump is all in. His team is all in. The National Energy Dominance Council is all in,' he said. Advertisement Meanwhile, New York is planning to build the nation's first new major nuclear power plant in more than 15 years, Democratic Gov. Kathy Hochul said recently. By comparison, he said the government has been propping up wind power projects with costly taxpayer subsidies. 4 Zeldin said he wants to see Congress approve a law making it easier to license zero emissions nuke power plants. AP 'Without the government propping up wind, that it becomes even less feasible, it becomes even less economical,' Zeldin said. Advertisement 'If you're not sure which way to go… you look at the map and you look at the economics, well, that should convince you against wind.' 4 New York is planning to build the nation's first new major nuclear power plant in more than 15 years, Democratic Gov. Kathy Hochul said recently. REUTERS 4 'Without the government propping up wind, that it becomes even less feasible, it becomes even less economical,' Zeldin said. Getty Images Advertisement Zeldin recently visited Alaska and was also bullish that new natural gas power plants will open or expand. The former Long Island Republican congressman ran for governor in 2022, losing narrowly to Gov. Kathy Hochul.