Latest news with #progressivepolicies
CBS News
31-07-2025
- Politics
- CBS News
Minnesota Gov. Tim Walz endorses incumbent Minneapolis Mayor Jacob Frey for reelection
Incumbent Minneapolis Mayor Jacob Frey has earned Minnesota Gov. Tim Walz's endorsement for reelection, despite failing to gain his own party's endorsement earlier this month. In a statement on Thursday, Walz said Frey "is a partner I can trust to actually deliver progressive policies that improve people's lives." "Jacob has helped make Minneapolis a national leader on issues like housing, and I've been proud to work with him to deliver funding to hire more police officers and fight violent crime," Walz said. "I am proud to support Mayor Frey's reelection so that we can continue working together to move Minneapolis into the future." The Minneapolis DFL has endorsed state Sen. Omar Fateh in the 2025 mayoral race. Fateh, a Democratic Socialist, said the endorsement "is a message that Minneapolis residents are done with broken promises, vetoes, and politics as usual." Frey's campaign filed a challenge with the Minneapolis DFL over the endorsement, on which the party has declined to comment. The mayor wants the endorsement to be invalidated due to what his campaign alleges is an "extraordinarily high" number of uncounted votes produced by the "highly flawed and untested" electronic voting system used at the convention. The incumbent mayor enthusiastically accepted the governor's endorsement. "Governor Walz has been a champion for the values that have made Minnesota a beacon of hope and national progress," Frey said. "On everything from affordability to public safety, no one has done more for working families than Governor Walz. I am honored to have his endorsement and grateful for his partnership in making Minneapolis a safer and more affordable city for all." Frey was a City Council member before being elected mayor in 2017. He won reelection with 56% of the vote in 2021. The governor's office will be on the ballot in Minnesota next year. Walz has not yet announced whether or not he will run for reelection. Note: The video above originally aired July 27, 2025.
Yahoo
12-07-2025
- Business
- Yahoo
Real estate inquiries by wealthy New Yorkers into Florida properties jump 50% after Mamdani primary win
Real estate agents are reporting a surge in wealthy New Yorkers heading south after Zohran Mamdani's historic win in the city's mayoral primary. Mamdani, a far-left assembly member from Queens, ran on a campaign pushing progressive policies like a citywide rent freeze, taxpayer-funded childcare and "fast and free" public buses. It garnered him 565,639 votes. However, the city's wealthy, including business owners, are concerned about the financial effects of some of those policies. Daniel de la Vega, president of ONE Sotheby's International Realty, said website traffic from the New York area increased by 50% in the week after the primary. Major Housing Markets Finally Rebounding As Buyers Gain Upper Hand In Unexpected Cities "Our agents are fielding calls from buyers actively reassessing their options, and we have seen a clear uptick in demand across our new developments," he said. They are seeing interest from high-net-worth individuals and institutional investors in particular. Within that group, they are "seeing a range of different buyers, including families, entrepreneurs and wealth managers looking to relocate operations and lifestyle permanently," de la Vega added. Read On The Fox Business App De la Vega said all of them are motivated by tax advantages, greater stability, safety and an overall elevated quality of life. During 2018 and 2022, more than 125,000 New Yorkers made the move to the Sunshine State. This brought nearly $14 billion in adjusted gross income and "created a major surge in South Florida real estate," he said, adding that the wave of demand reshaped the market. If Mamdani wins the general election, it "could fuel a second wave of migration," de la Vega added. Housing Crisis Deepens As 47 Major Metro Areas Now Require Homebuyers To Spend More Than 30% Of Income De la Vega said his agency is still waiting to see how things play out regarding the outcome of the general election, but it is "seeing early signs of owners who are spooked by the uncertainty." New York-based Douglas Elliman agent Frances Katzen said one of her clients, who has owned and rented a condo unit in Manhattan for over a decade, recently decided to sell due to rising operating expenses, growing regulatory uncertainty and the possibility of increased taxes and rent control. However, Katzen argued that, for many people, New York still offers unmatched opportunity, connectivity and cultural vibrancy. "It remains one of the world's most dynamic, resilient and desirable real estate markets. No matter how the election shakes out, the city has always proven its ability to adapt and thrive," she article source: Real estate inquiries by wealthy New Yorkers into Florida properties jump 50% after Mamdani primary win
Bloomberg
29-06-2025
- Business
- Bloomberg
Can Socialism Work for Business in NYC?
After this week's democratic primary election for New York City mayor, Wall Street has more questions than answers. Partnership for New York's President and CEO Kathryn Wylde says the disconnect between Wall Street and Zohran Mamdani's supporters explains the attractiveness of progressive policies in a city that symbolizes capitalism. Harvard Economist Ed Glaeser has studied the success and failure of democratic socialist ideals in cities across the United States and warns that New York is facing a "maximally risky moment." (Source: Bloomberg)
CNN
07-06-2025
- Politics
- CNN
Democrats Set Out to Study Male Voters With
Democrats Set Out to Study Male Voters With "Sam Project' Smerconish on CNN 44 mins Ilyse Hogue, co-founder of Speaking with American Men Project, argues that men support progressive policies but feel abandoned by the Democratic Party. And, CNN Michael Smerconish breaks down the battle royale between two of the most powerful men on the planet. Plus, Jeffrey Sonnefeld, founder of Yale Chief Executive Leadership Institute, predicts the recent clash between Trump and Musk will hurt Musk more.
