President Donald Trump said Democrats have gone too far left, as evidenced by their choice of a New York City mayoral candidate who espouses far-left policies.
Fed Reserve adopted draft proposal to ease a key capital requirement for nation’s largest banks, aimed at reducing regulatory pressure discouraging holding of low-risk assets.
Zohran Mamdani, a 33-year-old NY state assemblyman, claimed victory in first round of the Democratic primary contest for mayor of NYC in the 2025 election.