Saturday, 29 August

Saturday, 29 August2026

NYC Reset: Mayor Mamdani Forms Business Advisory Council, but Wall Street Titans Snub Initiative

By TechShots Studio
NYC Reset: Mayor Mamdani Forms Business Advisory Council, but Wall Street Titans Snub Initiative
New York City Mayor Zohran Mamdani launched a 15-member Business Advisory Council to improve relations with the private sector. Featuring leaders like Etsy’s CEO and Chobani’s founder, the group will consult quarterly on economic issues. However, major financial and tech giants—including JPMorgan Chase, BlackRock, and Alphabet—are notably absent, reflecting ongoing friction over Mamdani's progressive corporate tax and housing policies.

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