Sanders and Ocasio-Cortez to Lead Public Inauguration of Mamdani

Zohran Mamdani faces a projected 6.5 billion dollar budget gap and potential federal funding cuts as he attempts to implement his progressive agenda during his first months in office.The former socialist legislator, who defeated Andrew Cuomo to become mayor in 2026, aims to tackle a severe housing crisis by freezing rents for nearly one million apartments.While Mamdani expresses optimism about collaborating with Donald Trump, the federal administration is currently withholding 18 billion dollars in transit funding from the city.