Marc Morial, President and CEO of the National Urban League, shares insights on the shifting dynamics within the Democratic Party and Mayor Eric Adams' strategies following the rise of Zohran Mamdani. They explore the implications of Mamdani’s grassroots campaign, the impact on funding and alliances, and how Adams' identity as an independent candidate could reshape voter sentiment. Morial also discusses the challenges posed by a controversial spending bill, revealing the complex interplay between political identity and economic governance in New York City.
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insights INSIGHT
Adams Gains From Cuomo's Failure
Eric Adams's reelection chances improved due to Andrew Cuomo's poor primary performance.
Cuomo's loss raises doubts about his viability and pushes some allies to consider backing Adams.
insights INSIGHT
Cuomo Backers Split on Endorsements
Cuomo's supporter groups are split on the general election endorsement.
Labor unions lean toward Mamdani while finance and real estate donors see his policies as a threat.
volunteer_activism ADVICE
Election Rules Limit Candidate Changes
Changing a candidate on the ballot post-primary is legally complex and rarely possible.
Donors must consider candidate viability within election rules before mobilizing support.
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Just days ago, the New York City mayor faced steep reelection odds. His job-approval ratings had plunged to record lows after a federal corruption indictment. Support among Democrats fell even further when the Trump administration dropped the charges, raising questions about Adams’ indebtedness to the White House.But Adams, who dropped out of the campaign as a Democrat to run as an independent, is suddenly looking less toxic to a class of moderate voters.
The reason: The surprise ascendancy of democratic socialist Zohran Mamdani, a 33-year-old state assemblyman who crushed Cuomo in Tuesday’s primary election to become the all-but-certain Democratic nominee.
Now Cuomo’s backers — many of them opposed to Mamdani’s populist platform of taxing the wealthy and raising corporate levies — are discussing whether to pivot their support to Adams, according to people familiar with the matter. Those same donors are encouraging the former governor, who considered a run as an independent, to drop out of the race entirely to avoid being a spoiler, said the people, who asked not to be named discussing private conversations.
Today's show features:
Bloomberg News New York politics reporter Laura Nahmias on Mayor Eric Adams relaunching his campaign following Zohran Mamdani's stunning primary performance
Marc Morial, president and CEO at The National Urban League on Trump's tax bill and latest in Democratic politics
Bloomberg Intelligence senior defense analyst Wayne Sanders on the latest intel on Iran, difficulty of a damage assessment
Bloomberg Intelligence senior analyst for e-commerce, athleisure, off-price retail Poonam Gooyal on Nike earnings
Bloomberg Businessweek