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Wall Street's Panic: Zohran Mamdani's Rise Threatens NYC's Financial Landscape

Wall Street's Panic: Zohran Mamdani's Rise Threatens NYC's Financial Landscape

BUSINESS - 6/25/2025

Wall Street is in turmoil over Zohran Mamdani's victory in the NYC mayoral primary. Investors fear tax hikes and stricter regulations, leading to potential exodus from the city. High-profile financiers express alarm at the implications for New York's economy.

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