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They tried to squash him. Now they want to be with him.

They tried to squash him. Now they want to be with him.

Politico2 days ago
THE POUTY PROCESSION: They spent their days demonizing him, now they want a piece of him.
The key players from Andrew Cuomo's campaign are lining up to woo the socialist they scorned and scathed as they begin to jockey for influence inside a City Hall that looks more and more likely to be led by a democratic socialist.
Leaders of Tusk Strategies — the political consulting firm whose top executives played key roles in the former governor's mayoral campaign — are warming up to Zohran Mamdani.
The softening comes after Cuomo's primary campaign spent its final weeks firing off vicious attacks against the democratic socialist, his record and his stance on the Israel-Hamas war.
On Sunday, Bradley Tusk, the founder of the firm, penned an op-ed that poured cold water on the hopes of straggling Cuomo supporters who dream of Cuomo jumping back in the race.
'If you love New York City and want to see it thrive, even if Mamdani's views and politics are not your own (they're certainly not mine), let's do what we can to help him succeed,' Tusk argued in a piece that contended Mamdani's general election victory is inevitable. The piece neglected to mention his company's ties to Cuomo's campaign.
Tusk CEO Chris Coffey also had some kind words for the 33-year-old Assemblymember: '.@ZohranKMamdani ran one hell of an effort,' he wrote on X. 'Hope the folks working for him in whatever fashion are getting to really enjoy this. Not sure how they could have done too much better.'
And he's in touch with the campaign as well, according to two people familiar with the outreach who were granted anonymity to speak freely about internal strategy.
'I'm proud of my work for Andrew Cuomo,' Coffey said in a statement. 'I've also told Zohran's team publicly & privately that he ran a near perfect race. If that's Politico worthy, so be it.'
Tusk is a corporate lobbying firm with clients who oppose Mamdani's hard-left agenda.
Coffey performed extensive unpaid work for the Cuomo campaign. His Tusk colleague Shontell Smith was also paid by the campaign to serve as its political director, and their firm paid for two polls showing Cuomo with a decisive lead early on.
Tusk Strategies was also behind a 501(c)(4) called 'Restore Sanity' — whose literature mirrored Cuomo-style talking points, including a photo of the remodeled LaGuardia Airport, which he oversaw while governor. Coffey and Smith were walled off from working on the effort, which did not reference a specific candidate.
The Tusk turnaround is part of a growing exodus of key players inside Cuomo's campaign who have turned on their heel on the former governor before Cuomo decides if he wants to run again in the general election and well before all the votes have been counted.
Reaction to Mamdani's win from real estate, finance and the lobbyists who influence the government on their behalf was deemed a 'meltdown.' Hedge fund executive Bill Ackman, for one, wrote on X he is casting about for another candidate.
Mamdani world noticed the private sector panic has given way to curiosity. Calls have come in from business leaders in recent days to the state lawmaker's orbit, though Mamdani spokesperson Andrew Epstein would not say who has been on the phone.
'There has been outreach from leading industries and business leaders in New York City,' Epstein said. 'Despite some of the comments made last week, there does seem to be good-faith interest and dialogue. Zohran will not compromise on his commitments to making this city affordable to working people and the agenda we laid out in this campaign. He's absolutely willing to talk to any New York about areas of shared interest.'
Less than three days after Cuomo's Election Day defeat last week, two unions central to his campaign's strategy and GOTV efforts — Hotel and Gaming Trades Council and 32BJ SEIU — announced they were endorsing Mamdani in the general. (A Cuomo spokesperson says the campaign appreciated the unions' support during the primary). The New York State Nurses Association also endorsed Mamdani.
Kathy Wylde, the outgoing CEO of Partnership for New York City, is also expected to arrange a meeting between business leaders and Mamdani in July after business leaders largely threw their support behind Cuomo in the primary, Bloomberg first reported.
And less than 12 hours after polls closed, Neal Kwatra, who was a senior advisor to the Cuomo campaign, had kind words for Mamdani — and harsh ones for Democratic establishment many felt Cuomo was running to preserve.
'His victory will herald a new era of generational challenges to sclerotic Democratic leadership all over the country,' Kwatra said on X in a series of posts praising the candidate he had just worked against. 'Congratulations to one of the best political athletes I've ever seen play the game- Mamba vibes.' — Jason Beeferman and Nick Reisman
From the Capitol
LABOR AND BIZ: Gov. Kathy Hochul's move to pay off the Covid-era unemployment insurance debt is yielding political gains ahead of her reelection bid next year.
The under-the-radar issue united labor and business groups — and Hochul won praise from both when she agreed to include some $7 billion in the state budget to pay down the debt.
The Democratic governor today rallied with the influential Hotel and Gaming Trades Council, a key union that last week endorsed Mamdani's mayoral bid. HTC had pressed for the debt to be paid off over concerns it kept jobless benefits artificially low.
The union's president, Rich Maroko, called the move 'the most impactful labor legislation in years.'
Hochul had been reluctant to dip into the state's rainy day fund to pay off the debt, which accrued during the pandemic as jobless claims spiked. Employers were hit with a tax hike and were shouldering the state's effort to pay down the money owed.
A combination of labor and business pressure convinced Hochul to include the money in the state budget, which was approved more than a month past its April 1 due date.
This morning with HTC, Hochul fully embraced the end of the debt and wrapped the move into her bigger affordability theme she's been hitting this year.
'These are really tough times for our people,' she said. 'That we could do something like this, it sends a message that we care about the high cost of living.' — Nick Reisman
HOCHUL ANSWERS ON GILLIBRAND: Hochul was asked to respond to recent false claims from Sen. Kirsten Gillibrand that Mamdani made 'references to global jihad' on the campaign trail.
'No one should be subjected to any comments that slur their ethnicity, their religious beliefs, and we condemn that anywhere it rears its head in the state of New York,' the governor said today after a reporter asked her to comment on 'the racism [Mamdani] is already facing, including from NY's own Kirsten Gillibrand?'
Hochul's response did not name Gillibrand or directly address her comments.
Evan Lukaske, a spokesperson for Gillibrand said the senator 'misspoke' when she used the term 'global jihad' during a Thursday interview with WNYC's Brian Lehrer. Lukaske said Gillibrand was intending to reference Mamdani's refusal to condemn the phrase 'Globalize the Intifada.'
Mamdani said in an MSNBC interview that comments like Gillibrand's represent 'a language of darkness and a language of exclusion.' — Jason Beeferman
FROM THE CAMPAIGN TRAIL
NOT READY TO ENDORSE, BUT: Assembly Speaker Carl Heastie, an institutionalist Bronx Democrat, was not ready to endorse Zohran Mamdani's mayoral bid, per Fox5's Morgan McKay.
But Heastie — who signaled he's awaiting the final results of ranked-choice voting on Tuesday, a tally that Mamdani will win — believes voters were more motivated by the Queens lawmaker's message, and not the socialism.
'They didn't vote for him because he's a democratic socialist,' Heastie told reporters. 'They just voted for him because of his message that their material circumstances would be improved if housing and child care were made available to all rather than treated as market products.'
Mamdani's brief tenure in Heastie's large Democratic conference hasn't produced a long list of accomplishments. Like any legislative body, the Assembly is a place that values longevity and the likely Democratic mayoral nominee wasn't there long enough to build up many wins beyond several bills.
The speaker and the New York City Democratic Socialists of America have had plenty of run-ins in recent years. Heastie's comments today, though, are a signal key Democrats acknowledge the scale of what Mamdani has accomplished — and an indication of what the future might hold. — Nick Reisman
DITTO FOR THIS KEY HOUSE MEMBER: Rep. Ritchie Torres was one of Cuomo's first endorsers in Congress — and part of the batch of electeds who backed him this year despite calling for his resignation in 2021. But the Bronx Democrat said today that the former governor doesn't have his support for an independent general election bid.
'My endorsement of the governor only applies to the Democratic primary,' Torres told 'CNN News Central.'
Like Heastie and many other Democratic Party leaders, Torres isn't endorsing Mamdani quite yet either.
Torres and Mamdani have talked as part of the presumptive Democratic nominee's outreach, the House member said.
'I think we have profound differences of opinion,' said Torres, a fierce defender of Israel, referencing Mamdani's refusal to denounce the phrase 'globalize the intifada.' 'But again, if he becomes mayor — and he's likely to become mayor — the mayor needs the New York City congressional delegation, the New York City congressional delegation needs the mayor. And so, it's in the interest of both sides to have a working relationship.' — Emily Ngo
IN OTHER NEWS
— MAMDANI SOFTENS STANCE: Mamdani initially supported calls to ban the admissions test for specialized NYC high schools, but has since pledged not to modify it. (POLITICO Pro)
— UFT PREZ OUSTS CRITICS: Critics of city teachers union president Michael Mulgrew say they were taken off the payroll. (New York Post)
— ASIAN VOTERS PLAYED BIG ROLE: A wave of Asian voters came out to vote for Mamdani, propelling his primary win. (THE CITY)
Missed this morning's New York Playbook? We forgive you. Read it here.
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Israelis hope for potential economic 'peace dividend' after war with Iran
Israelis hope for potential economic 'peace dividend' after war with Iran

Yahoo

time38 minutes ago

  • Yahoo

Israelis hope for potential economic 'peace dividend' after war with Iran

By Steven Scheer JERUSALEM (Reuters) -Israel's 12-day war with Iran last month has dented its economy but investors and Israelis are hopeful that a U.S.-brokered halt to hostilities could bring an economic "peace dividend" with the country's neighbours that has been a dream for decades. Such hopes are fuelled by setbacks to Iran's nuclear programme and the weakening of Iranian allies in Lebanon, Syria and Gaza - despite the still-raging war in the Palestinian enclave. The optimism could be boosted further after U.S. President Donald Trump said Israel has agreed to the conditions needed to finalise a 60-day ceasefire in Gaza. There was no immediate official comment by either Israel or Hamas to Trump's statement. Tel Aviv share indexes have surged by double digits to reach all-time highs since June 15, just two days into the war with Iran, while the shekel has appreciated 8% since June 13, hitting a more than two-year peak. Israel's risk premium, the cost of insuring government debt against default, has declined sharply, sparking talk of interest rate cuts as soon as August. The relaxation of credit default swap levels means markets are no longer pricing in the risk that Israel could lose its investment grade credit rating, something that had been unthinkable before the Gaza war. Gil Dotan of the IBI Investment House said investors are anticipating "new opportunities that may arise with Israel's neighbours". Underlying the optimism for the economy is what some analysts see as a reshaped Middle East that could ultimately lead to more peace deals with longtime enemies, such as Syria. In 2020 the United Arab Emirates and Bahrain established official diplomatic relations with Israel, later joined by Morocco, under the U.S.-brokered Abraham Accords. Hopes have been raised for the prospect of more countries joining. Shmuel Abramzon, chief economist at the Finance Ministry, said: "We are witnessing an extensive situation of de-risking. We are removing an existential threat and also an economic threat, as well as geopolitical risks." HIT TO THE ECONOMY The war with Iran will have a sharp short-term impact on the economy. The ministry is reassessing its 2025 growth forecast of 3.6% due to the estimated 8 billion shekels ($2.37 billion) in economic damage from the war, while J.P. Morgan has already lowered its growth projection to 2% from 3.2%. Iranian missiles killed 28 people and damaged many buildings, according to Israeli authorities. Iranian authorities said more than 600 people were killed in Israel's attacks on nuclear and security targets. Israel's labour market has been robust but faces strain as many workers have been called into military reserve duty - ever since Israel mounted its offensive in Gaza after the deadly attack by Palestinian militant group Hamas on Israel on October 7, 2023. The Iran war disrupted key industries and Israel's Statistics Bureau said 35% of businesses reported an expected hit of more than 50% on their company's revenue in June. Restaurant owner Tzvi Maller likened the brief war to a re-run of the COVID pandemic, saying he limited his business - Mojo's in the heart of Jerusalem - to deliveries and takeout before reopening. In fact his business has been hit since the October 7 attacks, he said, adding that since then, "we have all been suffering" with the lack of tourists. Local customers and his own additional investment had kept his business alive, Maller said, adding he trusted it would survive somehow. The Holmes Place fitness chain of 74 gyms closed during the war but when it ended attendance and new memberships surged, said CEO Keren Shtevy, as people sought a return to normal life. Israel's Oil Refineries was hit by an Iranian missile and was forced to close temporarily. The offshore Leviathan natural gas field was shut during the war, losing some $12 million in export revenue from neighbours Egypt and Jordan. Despite widespread business closures, 95% of Israeli factories stayed open during the 12 days, according to Ron Tomer, head of Israel's Manufacturers' Association, who said exporters had carried on serving international clients. Bank of Israel head of research Adi Brender said defence spending could fall in coming years. "The need for a very intensive defence expenditure, which is targeted towards Iran, would no longer be required in the coming years," he told Reuters. RESILIENT ECONOMY Karnit Flug, a former Bank of Israel Governor and now a senior fellow at the Israel Democracy Institute, said: "Before this episode with Iran we were generally positively surprised with the resilience of the economy given the very long war with Gaza." The economy grew an annualised 3.7% in the first quarter. Israel's economy still has lingering issues such as the high cost of living and the non-participation of ultra-Orthodox Jewish men in the workforce, Flug said. "These long-term challenges have not gone away," she said. The 20 months of conflict in Gaza have constrained growth, pushed up prices and sharply boosted defence and other spending as well as the debt burden. However, the country's main economic driver, its high-tech sector that accounts for 20% of activity, has been booming. Startup Nation Central said on Monday that tech firms raised more than $9 billion in the first half of 2025, the sector's best six-month period since 2021 and up 54% over the second half of 2024. Startups raised $12 billion in all of 2024. Jon Medved, chief executive of investment firm OurCrowd, said foreign investors remain committed to Israel, particularly in sectors like artificial intelligence and cybersecurity, and that could surge if Iran's nuclear programme were dismantled. ($1 = 3.3738 shekels)

New Yorkers May Soon Be Grocery Guinea Pigs
New Yorkers May Soon Be Grocery Guinea Pigs

Atlantic

timean hour ago

  • Atlantic

New Yorkers May Soon Be Grocery Guinea Pigs

New York City—where takeout is a food group and ovens are for storing clothes —may soon get into the grocery business. If he wins the general election this November, Zohran Mamdani, the new Democratic nominee for mayor, has said he will build a network of municipally owned, affordable grocery stores, one in each of the city's five boroughs. According to Mamdani, the city could help pay for the stores' rent and operating costs by taxing the wealthy, and the stores won't seek to turn a profit, enabling them to sell food at wholesale cost. In the vision Mamdani laid out in a campaign video, the stores' mission would be combating 'price gouging' by offering lower prices than corporate grocery stores. If Mamdani is able to pull this off—a huge if, given the economic considerations, as critics are quick to point out—it will be the first time in American history that a city of New York's size has commanded its own grocery stores. New Yorkers are in favor of the idea: Two-thirds of them, including 54 percent of Republicans, support public groceries, according to a March poll by the Climate and Community Institute, a progressive think tank. But because nothing exactly like Mamdani's plan has ever been tried before in a large city, no one can be certain whether it will really be able to sell more affordable food, let alone help address food insecurity and health disparities in the city. What Mamdani has proposed is a $60 million experiment, with New Yorkers as test subjects. A couple of other large American cities are trying out similar plans, but what little real precedent exists for Mamdani's plan comes mostly from rural America. A handful of towns have opened municipally owned groceries, mostly because they had no choice: Small towns once relied on mom-and-pop shops, but these are vanishing as dollar stores proliferate and big-box retailers in larger rural cities monopolize the wholesale supply. Without a supermarket, residents have to either drive out of town for food or rely on convenience stores and dollar stores, which don't stock many healthy options. In 2018, the town of Baldwin, Florida (current population 1,366), lost its only grocery when the local IGA closed. It became a food desert: The next-closest supermarket was 10 miles away—not a simple trip for older adults who don't drive or for people without a car. The mayor proposed a municipally owned store, which opened the next year. In Kansas, the cities of St. Paul (population 603) and Erie (population 1,019) started their own grocery stores in 2008 and 2021, respectively. St. Paul had not had a supermarket since 1985. The fates of these stores and their hometowns have varied. Baldwin Market became a lifeline for many residents, particularly during the pandemic. But it struggled to break even and closed in 2024. Now the town largely relies on a handful of convenience stores and a Dollar General as it awaits the rumored opening of a new private grocery. Erie Market similarly struggled to balance its books. Operations were a challenge; the store sometimes stocked expired food, and its refrigerated section lost power after a thunderstorm. Last year, the city leased it to a private owner, who has yet to reopen the store. By contrast, St. Paul Supermarket has operated as a fully municipally owned grocery since 2013 (before that, it was funded by a community-development group) and shows no signs of closing. Its success has been attributed to community buy-in. Locals were motivated by the desire to preserve their city, fearing that the lack of a grocery store would drive away current residents and scare off potential new ones. 'It's a retention strategy, but it's also a recruitment strategy,' Rial Carver, the program leader at Kansas State University's Rural Grocery Initiative, told me. The primary goal of a municipally owned store is to get food to people who need it. But the city will have to decide which food to stock and, inevitably, will face questions about how those choices influence the diet or health of potential customers. (Imagine the criticism a Mamdani administration might face for subsidizing Cheetos—or, for that matter, organic, gluten-free cheese puffs.) Theoretically, getting people better access to any sort of food can have health benefits, Craig Willingham, the managing director of CUNY's Urban Food Policy Institute, told me. But so few examples of successful municipal grocery stores exist that there is virtually no research on their health effects. Research on the health impact of opening a privately owned grocery in a food desert has had mixed results. An ongoing study of a food-desert neighborhood in Pittsburgh has found that after a supermarket opened, residents consumed fewer calories overall—less added sugar, but also fewer whole grains, fruits, and vegetables. A 2018 study set in a Bronx neighborhood with few grocery stores linked the opening of a new supermarket to residents eating more vegetables and fruit and consuming fewer soft drinks, salty snacks, and pastries, but their spending on unhealthy foods increased along with their purchases of healthy ones. A new grocery alone won't change food habits, according to a 2019 study led by Hunt Allcott, an economist at Stanford. 'People shop at the new store, but they buy the same kinds of groceries they had been buying before,' Allcott told me. What does help nudge people toward buying healthier foods, he said, is making those foods affordable—while also taxing unhealthy items such as soda. With so little background information to go on, there's no telling how Mamdani's experiment will play out in a big city—or whether it will even get off the ground. New York differs from the sites of other municipal-grocery experiments not only in its size and density but also in its general abundance of grocery stores. Proximity isn't the major reason people can't get food, healthy or otherwise, Allcott said—cost is. From 2013 to 2023, the amount of money New Yorkers spent on groceries rose nearly 66 percent —far higher than the national average. The city's poverty rate—a metric based on the price of a minimal diet—is nearly twice that of the national average; from 2020 to 2023, one in three New Yorkers used food pantries. In Chelsea, a Manhattan neighborhood that is known for its luxury high-rises and is also home to a large housing project, some residents would rather take the train into New Jersey to buy groceries than shop at the expensive local supermarkets, Willingham said. Grocery stores are tough business. Profit margins are as slim as 1 to 3 percent, and prices are largely determined by suppliers, who tend to privilege volume. A single grocer (or the small network that Mamdani envisions) won't get as good a deal as a large chain. And running a store is hard, Carver told me: A manager needs to be nimble and adjust to customer demands, skills that municipal bodies are not exactly known for. In New York, at least, there's reason to expect that public groceries wouldn't actually be cheaper. Mamdani (whose campaign did not respond to a request for comment) has acknowledged that New York's city government might not be cut out for stocking shelves. If the pilot plan doesn't work, he said on the podcast Plain English last week, he won't try to scale it up. Yet he believes that it's worth trying. 'This is a proposal of reasonable policy experimentation,' he said. National grocery costs are expected to increase 2.2 percent this year, according to the USDA. Price hikes will hit poor Americans even harder if Congress passes President Donald Trump's megabill, which includes cuts to federal food-assistance programs such as SNAP. Among such threats to food affordability, the mere possibility of change could justify a trial of something new. Other large cities, too, are signing up as guinea pigs: Madison, Wisconsin, is in the process of opening a municipally owned store. Last year, Atlanta addressed food insecurity among public-school students and their families by opening a free grocery store—it functions like a food pantry but is stocked like a supermarket—funded by a public-private partnership. Its impact on health hasn't yet been studied, but demand is high. 'We do slots for appointments, and they're immediately gone,' Chelsea Montgomery, the adviser to operations of Atlanta Public Schools, told me. Mamdani's proposal is hardly the first unorthodox policy experiment New York has considered. The city took a chance on congestion pricing to reduce traffic and fund public transit, on universal pre-K to guarantee access to early childhood education, and on supervised injection sites to curb the overdose crisis. All have achieved their objectives. Perhaps, in a decade, millions of New Yorkers will get their organic, gluten-free cheese puffs on the cheap at a city-owned market. Or perhaps the whole project will go the way of the city's failed attempt to end poverty by offering cash in exchange for efforts to build healthy habits. The point of experimentation is to find out.

Rev. Al Sharpton calls on Andrew Cuomo to drop out of NYC mayoral race: ‘Look at what is best for the city'
Rev. Al Sharpton calls on Andrew Cuomo to drop out of NYC mayoral race: ‘Look at what is best for the city'

New York Post

timean hour ago

  • New York Post

Rev. Al Sharpton calls on Andrew Cuomo to drop out of NYC mayoral race: ‘Look at what is best for the city'

Rev. Al Sharpton called on Andrew Cuomo to drop out of the race for New York City mayor — urging the ex-gov to 'look at what is best for the city.' 'I think, in the best interest of the legacy of Andrew Cuomo, that he ought to let them have the one-on-one race,' Sharpton said Wednesday on MSNBC's 'Morning Joe.' 3 Al Sharpton called on Andrew Cuomo to drop out of the NYC mayoral race Wednesday. Lev Radin/Shutterstock 3 Sharpton urged Cuomo to 'look at what is best for the city.' Matthew McDermott 'He can endorse one or the other, and let them have a battle over what is best for New York.' Sharpton added that he had reached out to Cuomo's people to try to get him to abandon his bid. Calls to Cuomo's camp were not returned. The call comes just a day after the full primary results came in, showing socialist Zohran Mamdani trounced Cuomo by 12 points in just three rounds of ranked-choice voting. Days earlier, Sharpton hosted Mamdani at his National Action Network HQ, giving the Democratic nominee a chance to make his pitch to black voters, and seemingly endorsed some of the assemblyman's campaign vows, such as freezing the rent. 3 Zohran Mamdani trounced Cuomo by 12 points in just three rounds of ranked-choice voting. AP The influential Sharpton shopped short of formally endorsing Mamdani. Cuomo has flip-flopped on his run for governor, but he will still be on the ballot on an independent line come November along with Mamdani and GOP nominee Curtis Sliwa, as well as two others on independent lines, Eric Adams and Jim Walden.

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