TK

Lina Khan on Mamdani Administration: What we see is an approach to an affordability agenda that has a few key governing principles. One is a willingness to confront powerful interests when it is those powerful interests that are making life unaffordable. And so we’ve seen through the campaign, but also now in their governing approach, a willingness to call out actors, be it real estate interests, be it gig companies, be it Amazon, when these are companies that are either driving up prices or giving workers the short end of the stick. Secondly, a real focus on trying to understand what are the root drivers of the affordability crisis and how do you address it head-on. So this is not as much about one-time checks. This is not about one-time tax breaks. It’s really about how do we address some of the upstream drivers. Sometimes that will be the direct public provisioning of goods. Sometimes that will be addressing market power. Sometimes it will be about actually creating more opportunities for people to organize, be it tenants or workers. Sometimes it’ll be making sure that as you are handing out investments or subsidies, you are actually attaching real conditions to make sure the public is really benefiting, as we saw with the recent quantum deal.