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Joe Weisenthal, executive editor of news for Bloomberg Digital at Bloomberg L.P., reports that Mamdani is forming a new business panel. The group will include former bankers from UBS, Lazard, and Bank of America.
The announcement suggests that experienced financial professionals are coming together for this new initiative.
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Weisenthal has previously reported that ISM manufacturing respondents view current market conditions as worse than during the COVID-19 period. In another article, he examined how aggressive U.S. consumption taxes could channel resources into productive investment. These topics reflect Weisenthal's recent coverage of shifts in both the business climate and fiscal policies.