New York City Mayor Zohran Mamdani delivers a speech during his inauguration ceremony in New York City, U.S., January 1, 2026. REUTERS/Kylie Cooper
World
M
Moneycontrol02-01-2026, 06:46

New York Mayor Mamdani Vows Socialist Agenda, Targets Affordability for All

  • New York City Mayor Zohran Mamdani took office, pledging a democratic socialist agenda focused on making the city affordable for working people.
  • His core promises include universal childcare, affordable rents, free bus service, and increasing taxes on millionaires.
  • Mamdani, a 34-year-old democratic socialist, was elected last November in a prominent victory that could impact upcoming midterm elections.
  • Supported by Bernie Sanders and Alexandria Ocasio-Cortez, his inauguration saw crowds chant 'tax the rich'.
  • Republicans criticized Mamdani as a 'radical socialist', signaling his potential role on the national political stage.

Why It Matters: Mamdani begins term as NYC Mayor, promising a democratic socialist agenda for affordability.

More like this

Loading more articles...