Latest news with #ZohranMamdani
Yahoo
43 minutes ago
- Business
- Yahoo
Mark Cuban Refers To Zohran Mamdani As 'Trump 101,' Drawing Parallels Between Their Election Campaigns: 'This Guy Is...Telling Me He's Going To Walk On Water'
In a recent podcast, billionaire entrepreneur Mark Cuban pointed out a striking similarity between New York City mayoral candidate Zohran Mamdani and President Donald Trump, despite their differing political ideologies. What Happened: On the 'Pod Save America' podcast episode aired on July 13, Cuban, a billionaire entrepreneur, highlighted a common thread between Mamdani and Trump, without naming the NYC Mayoral candidate. Cuban pointed out that both Mamdani and Trump effectively centered their campaigns on issues that resonate with voters' everyday lives, regardless of whether their promises were realistic or achievable. Cuban likened Mamdani's approach to Trump's campaign tactics, remarking, 'This guy is walking in telling me he's going to walk on water.' He likened the tactic to 'Trump 101. Is it true? Does it matter?' Trending: Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — 'We're cutting rents, right? We're changing grocery stores. None of that shit has a chance. Doesn't matter,' Cuban said, referring to some of Mamdani's key proposals without naming him. Cuban further expressed skepticism towards campaign promises that lack concrete implementation plans, stating Mamdani's promises were 'analogous' to Trump's pledge to have Mexico pay for a border wall, reported Business Insider. 'That seems to be the path of least resistance to getting votes for any office,' Cuban told the It Matters: Mamdani's proposals have sparked significant debate in New York City. His plan to open five city-owned grocery stores, one in each borough, aims to address food insecurity in areas with limited supermarket access. However, critics argue that the $60 million pilot project lacks clarity on execution and may be more of a political maneuver than a viable solution. Additionally, Mamdani's candidacy has drawn criticism from centrist Democrats, including former Treasury Secretary Jack Lew, who expressed concerns about the city's future under Mamdani's leadership. Lew, a longtime New Yorker, voiced his worries about the impact of Mamdani's policies on the city. Meanwhile, Trump has proposed a federal takeover of New York City, citing governance and crime concerns, further highlighting the contentious nature of the upcoming mayoral election. He also threated to cut funding for NYC if Mamdani didn't do the right thing as a future mayor. Read Next: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — And You Can Invest At Just $6.37/Share Jeff Bezos-Backed Arrived Homes Hits A Big Sale On Charlotte Property – Investors Earning A 34.7% Return Image via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Mark Cuban Refers To Zohran Mamdani As 'Trump 101,' Drawing Parallels Between Their Election Campaigns: 'This Guy Me He's Going To Walk On Water' originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 hours ago
- Politics
- Yahoo
Trump's Texas-sized redistricting dreams: From the Politics Desk
Welcome to the online version of From the Politics Desk, an evening newsletter that brings you the NBC News Politics team's latest reporting and analysis from the White House, Capitol Hill and the campaign trail. In today's edition we dive into President Donald Trump's ambitions in Texas, where Republicans are set to redraw their congressional maps. Plus, Steve Kornacki explores the dilemma facing Zohran Mamdani's opponents in the New York City mayoral race. Sign up to receive this newsletter in your inbox every weekday here. — Adam Wollner President Donald Trump is setting a lofty goal for Texas Republicans as they prepare to tackle redrawing their congressional maps: He wants the party to pick up five House seats as a result of the process. 'A very simple redrawing, we pick up five seats,' Trump told reporters. That could prove to be a tall order, as Republicans already control 25 of Texas' 38 congressional districts. The specific areas the GOP could target when they take up redistricting in next week's special legislative session remain unclear. But two of them could be the Democratic-held South Texas districts that Trump won in 2024. According to an analysis by NBC News' Decision Desk, Trump carried Rep. Henry Cuellar's district by 7 points and Rep. Vicente Gonzalez's district by 4 points last year. Cuellar won his seat by less than 6 points, while Gonzalez won by less than 3 points. But any effort to place more Republican voters in Democratic districts risks making GOP-controlled districts more competitive. That's why some House Republicans in Texas have been skeptical of the effort. Still, Trump pushed Gov. Greg Abbott to forge ahead with an unscheduled, mid-decade redistricting push. It underscores the challenge Republicans face in protecting, much less expanding, their razor-thin House majority next year. As Steve Kornacki recently noted, the president's party has lost House seats in 13 of the past 15 midterm elections — and in many of those cases, those losses were steep. Trump downplayed the potential risk of redrawing Texas' map during a call with House Republicans in the state today, Melanie Zanona reported, assuring members they'd be able succeed in creating several new GOP seats, according to the source on the call. (Punchbowl News was the first to report the call.) Sen. John Cornyn, who is facing a GOP primary challenge from state Attorney General Ken Paxton, publicly backed the move. In a post on X, he argued that 'Hispanic voters in Texas have rapidly shifted in favor of the GOP,' meaning that the redistricting push 'will mean significant gains for Texas Republicans.' Democrats have been eager to engage on the issue. California Gov. Gavin Newsom, a potential 2028 presidential contender, has even floated redrawing his state's maps to counter the GOP's efforts in Texas. But that's also easier said than done: In California, an independent commission controls the redistricting process. 'It's painfully clear why Republicans are doing this,' said Rep. Suzan DelBene, the chair of the Democratic Congressional Campaign Committee. They know they are going to lose the majority next year.' Andrew Cuomo's decision to stay in the race for New York City mayor means there are three major general election alternatives to Democratic nominee Zohran Mamdani. They each recognize that the only (arguably) plausible way of knocking off Mamdani is by consolidating opposition to him behind a single opponent. But when they look at each other, they all think the same thing: Why would I ever drop out for this guy? Start with Cuomo. All of the available polling since the June primary has him running ahead of both current Mayor Eric Adams and Republican nominee Curtis Sliwa in a multicandidate race against Mamdani. This is why Cuomo is calling for Adams and Sliwa to exit the race if they haven't overtaken him by September. But everything else about Cuomo's position screams 'weakness.' His 12-point Democratic primary loss to Mamdani amounted to a political humiliation, given that he came to the race as the overwhelming favorite. And while he runs second to Mamdani, Cuomo's overall support in the available polling is between just 24% and 26%. Resistance to the former governor, who left office in scandal four years ago, seems to run high. An Emerson College poll this spring gave him a 41-47% favorable/unfavorable mark with all New York City voters. And a survey released Monday by Data for Progress (which has done work for a pro-Mamdani group) pegged it at 39%-59%. At 67, Cuomo's energy level has also come into question thanks to a limited public schedule and a series of public performances that were derided as listless. The way Adams and Sliwa see it, Cuomo already had his chance to stop Mamdani, and he demonstrated that he wasn't up to it. But good luck convincing Cuomo that either of them would fare any better. As the incumbent, Adams has the ability to make noise and get attention practically at will. And with new numbers showing a decline in violent crime, Adams is trying to convince New Yorkers that he finally has the city pointed in the right direction. But his liabilities are enormous. Even before his indictment last year on federal corruption charges, Adams was an unpopular mayor. And since the indictment — and maybe even more significantly, since President Donald Trump's Justice Department dropped the case — the floor has fallen out for Adams. The May Emerson poll put his favorable rating at a mere 19%, compared to 68% unfavorable. None of the post-primary polling has looked any better. For his part, Sliwa wields a bloc of voters simply by running on the GOP line. Republicans are a decided minority in New York City but still account for a little more than 1 in 10 registered voters. And Sliwa himself is a familiar presence to New Yorkers: He launched the Guardian Angels in the high-crime 1980s and has remained visible in local media ever since. But the limits of his appeal were seemingly made clear four years ago when, as the GOP nominee against Adams, he earned just 28% of the vote and lost by 40 points. And so Cuomo, Adams and Sliwa find themselves locked in a staring contest. Each has a claim to a chunk of the electorate. Each has a belief that they could beat Mamdani, if only the others would go away. And each has every reason to believe that the others are full of it. 📈 Inflation watch: Consumer prices rose in June as Trump's tariffs began to work their way through the U.S. economy. Read more → 🪧 Big, beautiful rebrand?: Some Republican strategists said they are advising lawmakers to sell the megabill Trump signed into law as the 'Working Family Tax Cuts' to give voters a clearer idea of what it does. Read more → 🌎 As MAGA world turns: Some conservative Republicans in Congress are breaking with Trump's handling of the files related to the late financier and convicted sex offender Jeffrey Epstein. Read more → 🖋️ The autopen is mightier: Documents show that some of the letters Rep. James Comer, R-Ky., sent out in connection to his investigation into former President Joe Biden's use of an 'autopen' to sign documents were signed using a digital signature. Read more → ✂️ A spending-cut cut: Senate Republicans agreed to remove $400 million in cuts to PEPFAR, the Bush-era foreign aid program to combat HIV/AIDS, from Trump's rescissions package ahead of a procedural vote. Read more → 🪙 Crypto vote roadblock: Thirteen House Republicans voted with all Democrats to defeat a procedural rule that would have allowed a series of crypto bills lawmakers are considering this week to come to the floor. Read more → ☀️ Florida, Florida, Florida: A former lawyer for the House committee that investigated the Jan. 6, 2021, Capitol riot is running for Congress as a Democrat against Rep. Maria Elvira Salazar, R-Fla. Meanwhile, Salazar introduced a bill with Rep. Veronica Escobar, D-Texas, that would provide legal status for certain undocumented immigrants. ⚖️ In the courts: Rep. Cory Mills, R-Fla., is facing a lawsuit seeking his eviction over alleged failure to pay thousands of dollars in rent at a property in Washington, D.C., according to court papers. Read more → 🤔 To impeach or not to impeach: Rep. Al Green, D-Texas, said he plans to bring up more articles of impeachment against Trump in the future, as House Democrats grapple with the politics of such efforts. Read more → That's all From the Politics Desk for now. Today's newsletter was compiled by Adam Wollner and Dylan Ebs. If you have feedback — likes or dislikes — email us at politicsnewsletter@ And if you're a fan, please share with everyone and anyone. They can sign up here. This article was originally published on
NZ Herald
3 hours ago
- Business
- NZ Herald
New York City mayoral candidate Zohran Mamdani proposes city-owned grocery stores amid inflation
Among the many buzzy campaign promises that helped Zohran Mamdani clinch the New York City Democratic mayoral primary last month, one has spawned confusion and heated debate: municipal-owned grocery stores, which he says guarantee cheaper prices, especially on staples, as a response to soaring inflation.
Daily Mail
3 hours ago
- Business
- Daily Mail
They're the superrich elite living in the best city in the world. Now they're flocking south... as terrifying new threat hones in on their millions
After Zohran Mamdani won the Democratic primary for mayor of New York City in June, the local real estate market . Luxury buyers started pulling the plug on purchasing apartments due to Mamdani's proposed policies, and wealthy New Yorkers who strongly disagree with his progressive politics are looking to leave the city altogether.
New York Post
3 hours ago
- Business
- New York Post
Zohran Mamdani sticks to socialist guns, ‘tax the rich' plan during highly anticipated sitdown with NYC big business leaders
He's staying red. Mayoral frontrunner Zohran Mamdani stuck to his socialist guns during a highly anticipated powwow with Big Apple business leaders Tuesday — doubling down on his plan to raise their taxes, if elected. Mamdani — who just last month said billionaires shouldn't exist — schmoozed with roughly 100 CEOs convened by the powerful Partnership for New York City at his request, for the first of two days of scheduled meetings with business bigs. Advertisement 4 Mayoral frontrunner Zohran Mamdani is standing his ground on raising taxes if elected during a highly anticipated meeting with NYC business leaders on Tuesday. Paul Martinka The 90-minute meeting's temperature remained low, even as Mamdani was grilled about his communist-tinged and anti-Israel comments, including his refusal to condemn the 'globalize the intifada' rallying cry, one attendee told The Post. Asked about his intent to slap the ultra-wealthy and corporations, Mamdani told the executives that taxes had been raised on those groups in the past without it resulting in an exodus of high-earners from the Big Apple, the source said. Advertisement 'He didn't back away from any policy position, though he did so in a non-confrontational manner,' the attendee dished. 'It shows he's a good politician. He was very confident.' The slick Mamdani also distanced himself from his past use of the phrase 'seizing the means of production,' a Marxist concept, but in a roundabout way, chalking it up to a rookie mistake, another business bigwig in attendance said. 'It was very frustrating,' the source said. Advertisement 'He talks so much and says so little.' 4 JPMorgan CEO Jamie Dimon, along with other business leaders, snubbed the sitdown with the Democratic mayoral candidate. Bloomberg via Getty Images The sit-down — which was requested by Mamdani and will be followed by a Wednesday confab with tech industry leaders — was pointedly snubbed by JPMorgan CEO Jamie Dimon, who sits on the Partnership's board, and other Wall Street titans, many of whom sent non-executive underlings, sources said. 'Everyone is just in listening mode,' joked one banking bigwig. Advertisement Dimon — who branded Mamdani a 'Marxist' at an event in Ireland last week — begged off with a vague scheduling 'conflict,' according to bank reps. Even with the brush-off, Mamdani's move to engage business leaders shows the 'tax the rich' firebrand shifting toward broader outreach ahead of November's general election, where he'll face incumbent Mayor Eric Adams, a stubborn ex-Gov. Andrew Cuomo, Republican nominee Curtis Sliwa and independent Jim Walden. Those in attendance included Loews Corporation chair James Tisch, an ardent backer of Israel and the father of NYPD Commissioner Jessica Tisch — whom Mamdani did not commit to keeping as top cop during the meeting. 4 Mamdani has also been in contact with Kathy Wylde, president and CEO of the Partnership for NYC, who was shocked to see him beat Cuomo in the Democratic primary for mayor of New York City. Bloomberg via Getty Images A top rep from Louis Vuitton was also in the room for the confab, held at real estate company Tishman Speyer's Rockefeller Plaza offices, sources said. Mamdani, when pressed about the anti-Israel 'globalize the intifada' cry by the business leaders, said he discouraged its use, according to attendees. Pfizer CEO Albert Bourla, who is Jewish, pressed Mamdani for throwing around the word 'genocide' about the plight of Palestinians in Gaza under Israel, the second source said. But Mamdani evidently forged ahead smoothly. Advertisement 'It was very frustrating. He speaks well,' the source said, recounting Mamdani's response to a question about retail theft. 4 A source closely connected to Mamdani said he has been conducting more 1 on 1 meetings with business leaders across the city to gain their trust, as the individual said Mamdani is 'a savvy campaigner.' Paul Martinka 'He went into a lengthy discussion about people with mental illness. You scratch your head and say, 'He didn't answer the question. Unless you believe everyone who commits retail theft is mentally ill.'' The source added: '(Mamdani) speaks very well, in paragraphs. He's well organized. It's easy to fall into the trap of not getting an answer to your question.' Advertisement The summit came as the Queens state Assemblyman shifts his campaign to the general election after his shocking win in last month's Democratic primary. Mamdani recently picked Jeffrey Lerner, a seasoned Democratic political veteran who once worked for top rival Cuomo, to lead his campaign. He has been engaging with Kathy Wylde, president and CEO of the Partnership for NYC, as he tried to make nice with business leaders who've greeted his surprise primary win over Cuomo with serious concern verging into full-blown panic. Keep up with today's most important news Stay up on the very latest with Evening Update. Thanks for signing up! Enter your email address Please provide a valid email address. By clicking above you agree to the Terms of Use and Privacy Policy. Never miss a story. Check out more newsletters Advertisement Mamdani has also extended lower profile olive branches, including meeting with many individual business leaders in one-on-ones, a source tied to the candidate said. He met Monday with a dozen executives with the Black Economic Alliance, including chairman and techie investment honcho Charles Phillips, sources said. 'He's proven himself to be a savvy campaigner,' a Democratic political operative said. 'The way you do it without angering your base is to quietly reach out to these people.' Advertisement And Mamdani has given tense tycoons plenty of ammunition to justify their fears. He has pushed for a 2% tax hike on millionaires, a 4.5% increase on corporations and unhesitatingly said billionaires shouldn't exist — all of which sparked fears a Mamdani mayoralty would cause an exodus of high earners from the Big Apple. Some bigs have gone on offense against the leftist, such as billionaire hedge fund titan Bill Ackman, who publicly searched for an anti-Mamdani candidate before casting his lot with Adams. Fellow billionaire John Catsimatidis likewise threatened to close or sell his Manhattan-based grocery chain Gristedes if Mamdani — who has proposed launching government-owned grocery shops — wins. Asked about the looming sit-down earlier Tuesday, Mamdani said he was looking for common ground. 'I go into that room knowing that there will be disagreements, and also knowing that the foundation of it is a belief in the possibility of the city, and it will take a new kind of politics to unlock that possibility,' he said. 'And what I will say to them, when I will say to every New Yorker, is that not only is my door open, but no matter of the question of the primary, the general, but that I am looking to work with everyone. 'My interest is a partnership, not in the politics.' — Additional reporting by Craig McCarthy, Hannah Fierick and James Franey
