While Hochul was affirming her capitalist bona fides, Mamdani took the extraordinary step of meeting with Mike Bloomberg, the billionaire businessman and former mayor known for his centrist politics. Bloomberg, who previously spent millions to oppose Mamdani’s primary bid, did not endorse the socialist but spent the session discussing transportation, policing, and the mechanics of City Hall staffing.
For this story, Fortune used generative AI to help with an initial draft. An editor verified the accuracy of the information before publishing.
