New York City Mayor Zohran Mamdani’s defended his ‘tax the rich’ plan, targeting Citadel CEO Ken Griffin’s multi-million dollar penthouse. The major hedge fund threatened to pull a $6 billion Manhattan development project, citing Mamdani’s ‘shameful’ comments. CB Cotton reports live from New York, detailing the escalating feud and the potential economic impact of the proposed pied-à-terre tax.
