ReferIndia News Mamdani's Mayoral Win Sparks Wall Street Worries and Hopes for Moderation

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Mamdani's Mayoral Win Sparks Wall Street Worries and Hopes for Moderation

Published on: Nov. 6, 2025, 3:27 a.m. | Source: Devdiscourse

Zohran Mamdani, a Democratic Socialist, won the New York City mayoral race, raising concerns on Wall Street about his policies potentially affecting the city's business appeal. While fees on corporations and renters are debated, some financiers hope for moderation. Politics may be influenced by the outcome.

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