The Secretary of the Treasury, Scott Bessent, said on Wednesday that he would not be providing a bailout to New York City if it elects Zohran Mamdani and his socialist economic plans are implemented.
America-First Voices. Ad-Free Experience. Only for Members.
In an interview with FOX Business’ Maria Bartiromo, Bessent said, “I guarantee you, and there’re not a lot of things in life that are sure, but New York City will be coming to the federal government for a bailout if Mamdani’s plans are implemented.”
“And are you going to give them that bailout?” asked Bartiromo.
“It will be the same thing that Gerald Ford said. Drop dead,” Bessent replied.
“You can’t enact policies like this and expect to be bailed out,” he continued. “All the high earners, all the businesses. If you look back over the past five years, we’ve already seen the greatest transfer of wealth in U.S. history from Manhattan County to Palm Beach County.”
Earn with Every Click — Join the MAGATimes Affiliate Program Today!
America-First Voices. Ad-Free Experience. Only for Members.
Zohran Mamdani has promised New Yorkers a city made more affordable to them if he wins the mayoral race. However, his economic plans run counter to those promises, as is common among socialists and their policies. At the centerpiece of his policies is a widespread rent freezing plan that includes a four-year freeze on rent increases in nearly 1 million rent-stabilized housing units. These plans include the city government commandeering these units if the landlord fails to properly address the concerns of their tenant. The term ‘properly’ is decided by Mamdani.
Editor’s Note: Zohran Mamdani is an avowed Democratic Socialist and has a real chance to become the next mayor of New York City.
Help us continue to report on his radical communist views and expose the Democrats who support him. Join Townhall VIP and use promo code FIGHT to get 60% off your VIP membership.
The Secretary of the Treasury, Scott Bessent, said on Wednesday that he would not be providing a bailout to New York City if it elects Zohran Mamdani and his socialist economic plans are implemented.
America-First Voices. Ad-Free Experience. Only for Members.
In an interview with FOX Business’ Maria Bartiromo, Bessent said, “I guarantee you, and there’re not a lot of things in life that are sure, but New York City will be coming to the federal government for a bailout if Mamdani’s plans are implemented.”
“And are you going to give them that bailout?” asked Bartiromo.
“It will be the same thing that Gerald Ford said. Drop dead,” Bessent replied.
“You can’t enact policies like this and expect to be bailed out,” he continued. “All the high earners, all the businesses. If you look back over the past five years, we’ve already seen the greatest transfer of wealth in U.S. history from Manhattan County to Palm Beach County.”
Earn with Every Click — Join the MAGATimes Affiliate Program Today!
America-First Voices. Ad-Free Experience. Only for Members.
Zohran Mamdani has promised New Yorkers a city made more affordable to them if he wins the mayoral race. However, his economic plans run counter to those promises, as is common among socialists and their policies. At the centerpiece of his policies is a widespread rent freezing plan that includes a four-year freeze on rent increases in nearly 1 million rent-stabilized housing units. These plans include the city government commandeering these units if the landlord fails to properly address the concerns of their tenant. The term ‘properly’ is decided by Mamdani.
Editor’s Note: Zohran Mamdani is an avowed Democratic Socialist and has a real chance to become the next mayor of New York City.
Help us continue to report on his radical communist views and expose the Democrats who support him. Join Townhall VIP and use promo code FIGHT to get 60% off your VIP membership.
