Skip to content
Search

Latest Stories

Analysis

Now the real work begins

New York City mayor-elect Zohran Mamdani celebrate his election victory in the Brooklyn borough of New York City, New York, USA, on November 4, 2025.

Democratic nominee for New York City mayor Zohran Mamdani getsures on stage after winning the 2025 New York City mayoral race, at an election night rally in the Brooklyn borough of New York City, New York, USA, on November 4, 2025.

REUTERS/Jeenah Moon

By Zohran Mamdani’s own telling, his campaign for mayor began roughly a year ago, when he stood on a street corner in the Bronx, the New York City borough that is home to some of the country’s poorest and most diverse congressional districts – typically the backbone of the Democratic coalition – asking voters why they voted for US President Donald Trump.

Mamdani, a democratic socialist, interviewed them for his social media account. He listened – these voters were upset about rising costs. And so he focused his own campaign on affordability, pledging to make New York City, the capital of global finance, a more affordable place for the working poor and middle classes. It worked. Yesterday, the residents of the United States’ largest city elected him to be their mayor.

When he takes office on Jan. 1, the real work will begin – and there is much of it.


Mamdani has promised a lot. Among his campaign pledges are: free universal childcare, free bus services, and city-run grocery stores. He also wants to deploy mental health workers to work alongside police officers. He says he will freeze the rent for rent-stabilized homes as part of a bid to lower housing costs.

So how is Mamdani going to pay for this? He wants to raise taxes. Specifically, he wants to increase state corporate tax from 7.25% to 11.5%, and introduce a flat 2% tax on the 34,000 people in New York City who earn $1 million or more annually. He also wants to boost tax collection and reform procurement procedures. These policies, he says, will raise $10 billion, enough to pay for the $6-billion cost of universal childcare and the $800-million price tag of free bus rides.

To do that he will need to look beyond the city itself. Firstly, increasing the state corporate tax will require approval from the New York State Legislature and Gov. Kathy Hochul – this will be especially challenging with Hochul up for reelection next year. Secondly, the City Council as well as the State Legislature will have to approve the additional tax for those earning over a million. Finally, these measures will face major opposition from the city’s financial establishment, most of whom supported Mamdani’s main opponent, former New York Gov. Andrew Cuomo.

Then there’s another major issue in New York City: public safety. Mamdani’s rivals – including Cuomo – relentlessly tried to paint him as being soft-on-crime, highlighting his previous advocacy for defunding the police. Mamdani has also raised fears among some of the city’s million-plus Jewish residents, in part over his refusal to denounce the use of the term “Globalize the Intifada.” To alleviate some of these fears, Mamdani said he will keep Jessica Tisch, a widely-respected technocrat, as police commissioner, who has presided over a significant drop in crime since being appointed by outgoing Mayor Eric Adams last year.

The Trump challenge. Mamdani will immediately be in conflict with the president over a range of issues: immigration enforcement, infrastructure financing, and public safety. The president has several powerful tools at his disposal – he can cut infrastructure funding to the city, as he did for a proposed tunnel across the Hudson River, and could send in the National Guard to quell protests and arrest undocumented migrants.

Trump and Mamdani, both populist New Yorkers from radically opposite points of the political and generational spectrum, seem to openly want this confrontation.

“Donald Trump, since I know you’re watching, I have four words for you,” Mamdani said during his victory speech last night. “Turn the volume up.”

Trump responded on social media last night: “…AND SO IT BEGINS!”

More For You

​Protesters gather during a candlelight vigil, and interfaith prayer at Fort Lauderdale-Hollywood International Airport as airport workers and faith leaders rally calling on the federal government to extend Temporary Protected Status for Haiti on Jan. 28, 2026.

Protesters gather during a candlelight vigil, and interfaith prayer at Fort Lauderdale-Hollywood International Airport as airport workers and faith leaders rally calling on the federal government to extend Temporary Protected Status for Haiti on Jan. 28, 2026.

Diaz/Miami Herald via ZUMA Press Wire
Over the past five years, Haiti has endured extreme political turmoil, escalating violence, and one of the world’s worst humanitarian crises. And now, Haitians, both in the country and abroad, are facing an especially consequential few weeks.The mandate of Haiti’s Transitional Presidential Council is set to expire on Saturday, throwing the future [...]
​US President Donald Trump and musician Nicki Minaj in Washington, D.C., USA, on January 28, 2026.

US President Donald Trump and musician Nicki Minaj hold hands onstage at the US Treasury Department's Trump Accounts Summit, in Washington, D.C., USA, on January 28, 2026.

REUTERS/Kevin Lamarque
Last week, US President Donald Trump unveiled the “Trump Accounts” – government-seeded investment accounts for children born during his second term – at an event featuring Nicki Minaj and Kevin O’Leary, two celebrity business figures from very different corners of the marketplace. The idea was straightforward: the government contributes $1,000 at [...]
Costa Rica presidential candidate Laura Fernandez in Heredia, Costa Rica, January 29, 2026.​

Costa Rica presidential candidate Laura Fernandez of the Sovereign People's Party (PPSO) addresses supporters during her closing campaign rally, ahead of the February 1 general election, in Heredia, Costa Rica, January 29, 2026.

REUTERS/Mayela Lopez
In yet another Latin American election shaped by concerns about security and violence, Costa Ricans will vote for president this Sunday.Leading the polls with roughly 40% support is conservative candidate Laura Fernández, the preferred successor and former chief of staff of current leader Rodrigo Chaves, who is popular but cannot run again due to [...]
Prime Minister Narendra Modi, with President of the European Council António Luís Santos da Costa, and President of the European Commission Ursula von der Leyen in New Delhi, India, on Jan. 27, 2026.

Prime Minister Narendra Modi, with President of the European Council António Luís Santos da Costa, and President of the European Commission Ursula von der Leyen, at Hyderabad House, in New Delhi, India, on Jan. 27, 2026.

DPR PMO/ANI Photo
On Tuesday, the world’s largest trading bloc and the world’s most populous country cinched a deal that will slash or reduce tariffs on the vast majority of the products they trade. If approved by the European Parliament and the Indian cabinet, the deal will cut duties on nearly 97% of EU exports to India, while the EU will grant preferential [...]