NYC Mayor Zohran Mamdani, a progressive democrat, is leveraging his rising political influence to challenge Democratic leadership and support progressive candidates in upcoming primary elections. His endorsements have created intraparty divisions, with establishment Democrats and Republicans alike reacting to his growing impact.
New York Governor Kathy Hochul signed an executive order banning state employees from betting on prediction markets, following Illinois' similar move earlier this week. Hochul criticized the Trump administration for allowing an ethical vacuum around prediction markets. Monthly trading volumes hit a record $23.6 billion in March, but concerns about insider trading have grown, including suspected trades on US military actions and political events.
New York Governor Kathy Hochul criticized the Trump administration for not implementing any “meaningful ethical standards” to curb insider trading in prediction markets.
