November 3, 2025

Trump says giving money to NYC "gonna be hard for me" if Mamdani wins

Axios - In his first "60 Minutes" interview in five years, President Trump told CBS News' Norah O'Donnell it's "gonna be hard for me as the president to give a lot of money to New York" if Zohran Mamdani, the heavy favorite in tomorrow's voting, becomes mayor.

  • Trump — labeling Mamdani a "communist" and "far worse than a socialist" — hinted at an early clash between the White House and City Hall.

New York City's budget this year relied on more than $7 billion in revenue from the federal government.

  • That represents a fraction of the total budget (6.4%). But Mamdani's ambitious plans — namely, universal childcare and making all buses free — would require billions more dollars.
  • Trump pulling funds could become a significant early obstacle for Mamdani, forcing him to balance budget shortfalls with advancing his progressive agenda. Watch the interview

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