Kevin O’Leary slams NYC mayoral candidate Mamdani’s economic policies

The star “Shark Tank” and investor Kevin O’Leari explains where his fears lie if Zahran Mamdani becomes the next mayor of New York City on “Fox News Live”.
The Chairman of the Board of Directors, “Shark Tank” and investor and investor Kevin O’Lery, the temporary criticism of the Zohran Mamdani mayor’s candidate during the recent appearance of Fox News.
The businessman, who appeared on Friday on Fox News, said that the policies that Mamdani are carrying out a campaign for the mayor will leave the money and business Big Apple.
Kevin Olieri, Chairman of O’Shares ETFS, talks to O’Leari Funds Management LP, during the hearing of the Banking, Housing and Urban Affairs Committee at the Senate in FTX in Washington, DC, the United States, on Wednesday, December 14, 2022. (Ting Shen / Bloomberg / Getty Images)
“You cannot do this in an environment where there is competition for other countries,” Olieri said.
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“The money is left only. Leave the tax base. Leave the capital. Leave the developer. He leaves the risk capital,” he said. “I left with a collapse environment.”
“He will reduce costs and make life easier” in New York City through his policies if elected.

Zahran Mamdani, the nominee of the mayor of New York City, holds a throat snow during a campaign in New York, the United States, on Monday, June 23, 2025. (Adam Gray / Bloomberg via Getti Embers / Getty Earth)
Mamdani has been operated on a platform that includes economic policies that are in line with progressive and socialists in the Democratic Party, such as the minimum wage of $ 30, the tax increase on companies, rich policies and other policies, such as the creation of city -owned groceries and the imposition of rental for rental.
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Among other things, the mayor’s candidate also said that he wants to get rid of the prices of the city’s buses permanently as well as making the priority corridors for them and taking other steps to make them faster.
Oliri, who said Mammomi said, “Everything is free” during the campaign, that the candidate “turns New York into the American nightmare.”
“The money comes. It is flying directly over New York City, and it lands elsewhere.”
Fox Business communicate with Mamdani’s commentary.
Mamdani, a member of the State Council for the thirty -sixth region, which covers Astoria, Duttar Steinway and Estoria Heights in Queens, recently won his victory in the Democratic Municipal Democratic City in New York City.
He said in a post on July 1 on July 1 on X.
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Cortis Salwa received the Republican nomination in the municipal elections of the city, according to the New York Times. Few other candidates, including the current mayor Eric Adams, also run for the mayor.

The sun rises behind the Empire State building as it appears from the Edgenyc surveillance surface in Hudson Yards on November 8, 2024, in New York City. (Gary Hershorn / Getty Images / Getty Images)
Adams has been the mayor of the city since 2022.
The general elections for New York City are scheduled to be held on November 4. The city will hold an early vote from October 25 to November 2 before that, according to the Electoral Council on the New York City website.
Michael Durgan contributed to this report.
2025-07-07 23:02:00