Bessent told Fox Business that if Mamdani is elected as NYC mayor, federal gov’t would not bail out the city if needed.
Published On 24 Sep 2025
United States Treasury Secretary Scott Bessent has said the federal government will not bail out New York City in the event of a financial crisis if the city elects its Democratic nominee, Zohran Mamdani.
On Wednesday, Bessent reportedly told the nation’s most populous city to “drop…
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News Source: www.aljazeera.com

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