Bloomberg News
@Bloomberg-News·2.8M subscribers·40.1K videos
Wall Street Bonanza Won’t Save NYC’s Finances, Mamdani Warns
Posted
January 30, 2026
Views
87,041
Likes
2,669
Comments
877
Engagement
January 30, 2026
87,041
2,669
877
4.07%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
1:57Now PlayingMayor Zohran Mamdani says a financial crisis is worse than the Great Recession nearly two decades ago, despite Wall Street's booming year.
The financial industry is a key contributor to New York's tax base, accounting for about 7% of the city's tax revenue during the 2024 fiscal year.
Mamdani launched a campaign to lobby lawmakers to hike taxes on the richest residents and corporations, and to send billions more in aid to the city, to help fill a projected $12.6 billion budget gap.
----------
Like this video? Subscribe
Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more.
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months
Bloomberg on YouTube:
Connect with us on social:
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
