CNBC's Andrew Ross Sorkin reports on the latest news on President Donald Trump threatening to withhold money if Zohran Mamdani wins the New York City mayoral election.
Breakdown
- President Trump threatened to withhold federal money if Zoran Mamdani wins the NYC mayoral election. 21s
- Trump criticized Mamdani's political ideology and questioned the value of voting for him. 28s
- Federal funds account for about 8.3% of New York City's operating budget, supporting key programs. 1m 36s
- Commentators noted that Congress, not the president, controls federal spending allocations. 2m 13s
- The New York City mayoral race is receiving national attention. 2m 42s