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(2595)

Critical Metals CEO Tony Sage Talks Rare Earth Minerals, Greenland

Critical Metals CEO Tony Sage Talks Rare Earth Minerals, Greenland

Critical Metals CEO Tony Sage joined Bloomberg's Matt Miller and Dani Burger to discuss rare earth minerals and business in Greenland.See omnystudio.com/listener for privacy information.

23 Jan 7min

Former VP Mike Pence Talks Trump's Foreign Policy

Former VP Mike Pence Talks Trump's Foreign Policy

Former US VP Mike Pence discusses President Trump's foreign policy with Greenland, Russia, and Ukraine. He says he commends President Trump on finding a framework that gives a future between Greenland...

22 Jan 16min

Ark Invest CEO and CIO Cathie Wood Talks Tech, Tesla and Deregulation

Ark Invest CEO and CIO Cathie Wood Talks Tech, Tesla and Deregulation

Ark Invest CEO and CIO Cathie Wood discusses her "Big Ideas 2026" report. Speaking with Bloomberg's Carol Massar and Tim Stenovec, Wood says a "technology revolution" could lead to an average of more ...

22 Jan 17min

Bank of America CEO Brian Moynihan Talks Credit Card Cap

Bank of America CEO Brian Moynihan Talks Credit Card Cap

Bank of America CEO Brian Moynihan discusses the company's work with the White House to solve affordability issues for Americans. He says President Donald Trump's proposed 10% cap on credit card inter...

22 Jan 15min

BlackRock CEO Larry Fink Talks AI Bubbles

BlackRock CEO Larry Fink Talks AI Bubbles

BlackRock CEO Larry Fink says he "sincerely believes" there is no AI bubble. He talks about his support for AI and says there are no formal plans to move Davos to Detroit. He speaks with Bloomberg's F...

22 Jan 12min

US Commerce Secretary Howard Lutnick Talks Trump Tariffs, Trade Relations, China

US Commerce Secretary Howard Lutnick Talks Trump Tariffs, Trade Relations, China

US Commerce Secretary Howard Lutnick talks about President Donald Trump's new tariffs plan and what it means for the global economy. He says countries must address regulatory and policy limitations if...

22 Jan 15min

Argentina President Javier Milei Talks Free Trade and Global Economy

Argentina President Javier Milei Talks Free Trade and Global Economy

Javier Milei, President, Republic of Argentina, discusses free trade, markets, governance and global uncertainty with Bloomberg’s Editor-in-Chief John Micklethwait at Bloomberg House in Davos on the s...

22 Jan 26min

UK Business Secretary Talks Trade Relationship with EU, US

UK Business Secretary Talks Trade Relationship with EU, US

UK Business and Trade Secretary Peter Kyle ruled out rejoining customs union with the EU in the near future. Speaking to Stephen Carroll on Bloomberg Daybreak Europe from Davos, the Business Secretary...

22 Jan 10min

Populärt inom Business & ekonomi

badfluence
framgangspodden
rss-jossan-nina
varvet
rss-borsens-finest
uppgang-och-fall
bathina-en-podcast
svd-tech-brief
lastbilspodden
fill-or-kill
avanzapodden
rss-inga-dumma-fragor-om-pengar
borsmorgon
rss-kort-lang-analyspodden-fran-di
dynastin
market-makers
affarsvarlden
tabberaset
24fragor
rss-dagen-med-di