Wall Street offers cautious support to NY mayor-elect Zohran Mamdani

Contributing sentiments towards policy:

55% : New York's financial elite have offered cautious support to Zohran Mamdani after the Muslim democratic socialist won the city's mayoral election after a record voter turnout.
53% : One Wall Street heavyweight even expressed his support for higher taxes.
53% : "There should be no argument with a small tax increase that's paired with a real effort to make government more efficient, and then invested in a programme like childcare that allows more young families to stay in the city."
44% : Another top dealmaker, who said he appreciated the mayor-elect's outreach, said "his movement to the middle it seems to be a bit insincere", adding that Mamdani's views on economics and the Israel-Palestinian conflict were inflexible.
43% : "We cannot have a socialist in the greatest capitalist city in the world," he said.
34% : Many on Wall Street have viewed the 34-year-old Queens assemblyman with suspicion for his criticism of the moneyed class in a city where finance and real estate titans loom large, and for his pledges to impose additional income tax on salaries over $1mn.

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