Lina Khan to co-chair NYC mayor-elect Zohran Mamdani’s transition team

After Zohran Mamdani clinched the New York City mayoral race on Tuesday night, his campaign announced former FTC chair Lina Khan as one of the transition team’s four co-chairs. Khan has been an ally of Mamdani’s, praising him in a New York Times op-ed about his outreach to small business owners. But her appointment to a formal role on his transition team sends a message to Wall Street and the tech industry, whose most powerful players have already been critical of Mamdani, a Democratic socialist who ruffled the feathers of the tech elite by criticizing billionaires and proposing a 2% tax of incomes over $1 million. “What we saw last night was New Yorkers not just electing a new mayor, but clearly rejecting a politics where outsized corporate power and money too often…

Read more on TechCrunch