Ken Griffin urges business leaders to defend their city

New York City Mayor Zohran Mamdani's proposals to raise taxes on the wealthy have led to conflicts with Wall Street billionaires, particularly Citadel founder Ken Griffin. Griffin criticized Mamdani’s wealth tax plans and warned that anti-business policies may cause major companies to leave the city, citing Chicago’s economic decline after similar policies. The two seem to be opening a cautious dialogue amid ongoing tensions over the city’s economic future.

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