Defeated in their efforts to keep an avowed socialist out of New York City’s Gracie Mansion, some Big Apple business leaders are turning to next year’s race for the New York governor’s office.
As news of Democratic candidate Zohran Mamdani’s win in Tuesday’s mayoral race sank in, The New York Times reported Wednesday that Wall Street financiers are “already thinking about how they could blunt his most liberal initiatives, turning their attention to Albany, which has the power to block many of his proposals, like raising corporate taxes.”
And that could spell trouble for New York Gov. Kathy Hochul.
Hochul is the Democrat who succeeded now former Gov. Andrew Cuomo when Cuomo resigned in 2021 amid a sexual harassment scandal and lingering questions about his handling of the COVID-19 pandemic.
(“Lingering questions” is a charitable way to describe accusations that Cuomo’s administration was directly responsible for the COVID deaths of thousands of nursing home patients.)