Speaker 1: News when you want it with Bloomberg News Now I
Speaker 1: mid kaleggi zorn. Mam Donnie has won the New York
Speaker 1: City mayoral race, according to AP and a campaign that
Speaker 1: shocked the political establishment and will thrust the city further
Speaker 1: into President Donald Trump sites. Mam Donnie, a thirty four
Speaker 1: year old state lawmaker and Democratic socialist, defeated former Governor
Speaker 1: Andrew Cuomo. Mam Donnie centered his campaign on promises of
Speaker 1: free local buses, city owned grocery stores, and a rent freeze.
Speaker 1: Mam Donnie said he plans to raise taxes on corporations
Speaker 1: and the wealthy to help pay for his agenda. Trump
Speaker 1: has threatened to cut funding to the city if Mam
Speaker 1: Donnie wins the election. Former Mayor Michael Bloomberg, the founder
Speaker 1: and majority owner of Bloomberg News parent Bloomberg Lp, has
Speaker 1: contributed to a pack supporting Cuomo's candidacy. That's news when
Speaker 1: you want it with Bloomberg News Now, I mid kaleggi.
Speaker 1: This is Bloomberg