Following a campaign centered on radical wealth redistribution and tenant rights, Zohran Mamdani has officially assumed the role of Mayor of New York City. His administration plans to focus on aggressive social housing programs and taxing the city’s ultra-wealthy to fund public services. The transition marks a significant shift in urban policy aimed at mitigating the extreme wealth gap in the United States’ largest financial hub.
Date: January 1, 2026. Source: theguardian.com