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Trump and NYC's new socialist mayor call for Con Edison to lower rates, causing stock drop

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5 hours ago

President Donald Trump on Friday hosted New York City Mayor-elect Zohran Mamdani at the White House where they discussed affordability issues and called for lower electricity prices in the city, which caused a major utility's stock to sink.Trump and Mamdani, a democratic socialist, spoke to reporters in the Oval Office following their meeting and said that they intend to focus on addressing affordability issues, which Mamdani noted helped increase Trump's level of support in New York City and was something his campaign tapped into."When we asked those New Yorkers who had voted for the presiden...

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