NYC Mayor Zohran Mamdani Talks Tax Hikes, City's Fiscal Deficit & More

NYC Mayor Zohran Mamdani Talks Tax Hikes, City's Fiscal Deficit & More

Wall Street’s booming year will not be enough to stave off a financial crisis that Mayor Zohran Mamdani says is worse than the Great Recession nearly two decades ago.

“Wall Street’s announcement is something that is very encouraging and frankly will be helpful in dealing with a $12 billion fiscal deficit,” Mamdani said in an interview on Bloomberg Television’s Balance of Power on Thursday.

But it might not be enough.

“The reason I cannot point to Wall Street and say the deficit will be taken care of is simply the sheer scale of this deficit. We are talking about something that is larger frankly than what the city even faced during the Great Recession.”

He discusses his push to hike taxes to fill budget gaps, how his city dealt with recent severe cold and more with Bloomberg's Myles Miller.

See omnystudio.com/listener for privacy information.

Avsnitt(2587)

James Steel Talks Gold

James Steel Talks Gold

James Steel, chief precious metals analyst at HSBC, expects increased volatility and frequent pullbacks ahead for gold with new money coming into the market as he sees geopolitical risk as the main fa...

2 Feb 7min

Federal Reserve Governor Stephen Miran Talks Kevin Warsh,  Fed Rates, Jerome Powell

Federal Reserve Governor Stephen Miran Talks Kevin Warsh, Fed Rates, Jerome Powell

Federal Reserve Governor Stephen Miran joins Bloomberg's Mike Mckee on "Bloomberg The Close" to talk all things Kevin Warsh, Federal Reserve, Jerome Powell, and much more!See omnystudio.com/listener f...

30 Jan 16min

Starbucks CEO Brian Niccol Talks Earnings, Growth, Unions

Starbucks CEO Brian Niccol Talks Earnings, Growth, Unions

Starbucks CEO Brian Niccol joins Bloomberg's Romaine Bostick to talk all things Starbucks including their earnings report, plans for growth, dealing with unions, and much more!See omnystudio.com/liste...

30 Jan 20min

Republican Senator Thom Tillis Talks Kevin Warsh, Federal Reserve

Republican Senator Thom Tillis Talks Kevin Warsh, Federal Reserve

Republican Sen. Thom Tillis joined Bloomberg Surveillance to talk about President Donald Trump's new Federal Reserve chair nominee Kevin Warsh. Tillis is still vowing to block any nominee to lead the...

30 Jan 8min

California Governor Gavin Newsom (D) Talks Donald Trump, ICE

California Governor Gavin Newsom (D) Talks Donald Trump, ICE

California Governor Gavin Newsom says Donald Trump's "wrecking ball presidency is jaw dropping in real time." He speaks to Brad Stone at a Bloomberg Newsmakers event in San Francisco.See omnystudio.co...

29 Jan 49min

Nasdaq CEO Adena Friedman Talks Earnings Season

Nasdaq CEO Adena Friedman Talks Earnings Season

Nasdaq CEO Adena Friedman joins Bloomberg's Matt Miller and Dani Burger to talk Nasdaq earnings, AI spending, and capital markets.See omnystudio.com/listener for privacy information.

29 Jan 7min

 Former National Economic Council Director Lael Brainard Talks Fed

Former National Economic Council Director Lael Brainard Talks Fed

Former National Economic Council Director Lael Brainard joined Bloomberg's Romaine Bostick and Katie Greifeld to talk the Fed decision and new potential fed chair.See omnystudio.com/listener for priva...

28 Jan 8min

Populärt inom Business & ekonomi

badfluence
framgangspodden
rss-jossan-nina
varvet
rss-borsens-finest
uppgang-och-fall
avanzapodden
bathina-en-podcast
fill-or-kill
svd-tech-brief
lastbilspodden
borsmorgon
rss-inga-dumma-fragor-om-pengar
rss-kort-lang-analyspodden-fran-di
rss-den-nya-ekonomin
dynastin
affarsvarlden
rikatillsammans-om-privatekonomi-rikedom-i-livet
market-makers
rss-borslunch