Bessent says New York can ‘drop dead’ if it elects Mamdani and ever needs a bailout
via foxbusiness.com
Short excerpt below. Read at the original source.
Treasury Secretary Scott Bessent warned that Washington will not bail out New York City if mayoral frontrunner Zohran Mamdani enacts his progressive agenda of higher taxes on the wealthiest, free childcare, and city-run grocery stores. Comparing the situation to Gerald Ford’s 1970s standoff with NYC, Bessent argued Mamdani’s policies would drive out wealth and businesses. […]